Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
FNDX vs SPHD: how they differ
FNDX and SPHD hold 0% of their weight in the same names, and FNDX returned more over the year.
Schwab Fundamental U.S. Large Company ETF and Invesco S&P 500 High Dividend Low Volatility ETF.
What they hold in common
By the books each fund has filed, FNDX and SPHD hold 0% of their money in the same securities at the same weight.
| Only in FNDX | Only in SPHD |
|---|---|
| Apple Inc 4.64% | Verizon Communications Inc 3.39% |
| Intel Corp 2.57% | Pfizer Inc 3.38% |
| Alphabet Inc 2.38% | General Mills Inc 2.96% |
| Microsoft Corp 2.33% | Kraft Heinz Co/The 2.90% |
| Exxon Mobil Corp 2.29% | VICI Properties Inc 2.83% |
| Alphabet Inc 1.90% | AT&T Inc 2.70% |
| Amazon.com Inc 1.86% | Comcast Corp 2.62% |
| Micron Technology Inc 1.60% | Altria Group Inc 2.55% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 10, 2026.
| FNDX Schwab Fundamental U.S. Large Company ETF | SPHD Invesco S&P 500 High Dividend Low Volatility ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Schwab | Invesco |
| What it is | Fundamental U.S. Large Company | S&P 500 High Dividend Low Volatility |
| Total return, 1 year | +26.1% | +8.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +8.6 pts | −8.9 pts |
| Expense ratio | 0.25% | 0.30% |
| Already in the S&P 500 | 91.2% | 95.7% |
| Holdings | 733 | 56 |
FNDX in plain words
FNDX is an index equity fund tracking the Fundamental U.S. Large Company. Over the year to Sep 11, 2026 it returned +26.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. By its holdings filed for May 31, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 733 positions, with the top ten at 22.5%.
SPHD in plain words
SPHD is an index equity fund tracking the S&P 500 High Dividend Low Volatility. Over the year to Sep 11, 2026 it returned +8.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for Sep 10, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 56 positions, with the top ten at 28.1%. It sat 4.1% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, FNDX or SPHD?
- In the year to Sep 13, 2026, with distributions reinvested, FNDX returned +26.1% and SPHD returned +8.6%, so FNDX returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FNDX or SPHD?
- FNDX charges 0.25% a year and SPHD charges 0.30%, so FNDX is cheaper. Fees come from each fund's prospectus.
- How much do FNDX and SPHD overlap with the S&P 500?
- By their latest filed holdings, 91% of FNDX and 96% of SPHD by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, FNDX against SPHD, data as of Sep 13, 2026. https://etfiq.com/compare/any/fndx-vs-sphd Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources