Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
FNDX vs XLG: how they differ
FNDX and XLG 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 Top 50 ETF.
What they hold in common
By the books each fund has filed, FNDX and XLG hold 0% of their money in the same securities at the same weight.
| Only in FNDX | Only in XLG |
|---|---|
| Apple Inc 4.64% | NVIDIA Corp 12.79% |
| Intel Corp 2.57% | Apple Inc 11.58% |
| Alphabet Inc 2.38% | Microsoft Corp 8.83% |
| Microsoft Corp 2.33% | Amazon.com Inc 5.95% |
| Exxon Mobil Corp 2.29% | Alphabet Inc 4.71% |
| Alphabet Inc 1.90% | Broadcom Inc 4.12% |
| Amazon.com Inc 1.86% | Alphabet Inc 3.77% |
| Micron Technology Inc 1.60% | Meta Platforms Inc 3.42% |
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 | XLG Invesco S&P 500 Top 50 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Schwab | Invesco |
| What it is | Fundamental U.S. Large Company | S&P 500 top 50 |
| Total return, 1 year | +26.1% | +12.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +8.6 pts | −5.3 pts |
| Expense ratio | 0.25% | 0.20% |
| Already in the S&P 500 | 91.2% | 100.0% |
| Holdings | 733 | 52 |
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%.
XLG in plain words
XLG is an index equity fund tracking the S&P 500 top 50. Over the year to Sep 11, 2026 it returned +12.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 52 positions, with the top ten at 60.3%.
Questions people ask
- Which returned more over the last year, FNDX or XLG?
- In the year to Sep 13, 2026, with distributions reinvested, FNDX returned +26.1% and XLG returned +12.2%, so FNDX returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FNDX or XLG?
- FNDX charges 0.25% a year and XLG charges 0.20%, so XLG is cheaper. Fees come from each fund's prospectus.
- How much do FNDX and XLG overlap with the S&P 500?
- By their latest filed holdings, 91% of FNDX and 100% of XLG 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.
Other comparisons
Where to next
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 XLG, data as of Sep 13, 2026. https://etfiq.com/compare/any/fndx-vs-xlg Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources