Schwab ETF Ranks 126th in Trading Volume Bets Big on Tech and Consumer Giants in Holdings

On September 4, 2025, The Charles Schwab Corporation (SCHW) traded with a volume of 0.73 billion shares, ranking 126th in market activity. The Schwab U.S. Large-Cap ETF (SCHX) disclosed its holdings, revealing significant allocations to top tech and consumer stocks. NVIDIA and Microsoft led with 7.15% and 6.59% of assets, respectively, followed by Apple at 5.62%. The ETF also holds substantial stakes in Amazon, Meta, and Tesla, reflecting a broad exposure to growth sectors. This portfolio structure underscores Schwab’s strategy to align with high-performing, market-cap-weighted equities.

SCHX’s composition highlights Schwab’s emphasis on diversification across key industry leaders. With 751 holdings, the ETF’s top 10 positions account for nearly 40% of assets, emphasizing its concentration in large-cap names. The inclusion of financials like JPMorgan Chase and banks such as Bank of America further diversifies the portfolio. Schwab’s custodial and advisory services likely benefit from this ETF’s popularity, as it offers clients access to a curated mix of blue-chip stocks and growth-oriented firms. The firm’s digital platforms and retirement tools may also drive investor adoption of SCHX.

Backtest results for SCHX from July 23, 2025, show NVIDIA’s market value at $4.1B (7.15% of assets), Microsoft at $3.8B (6.59%), and Apple at $3.2B (5.62%). Amazon, Meta, and Tesla followed with 3.77%, 2.68%, and 1.63% allocations, respectively. These figures align with the ETF’s stated holdings, confirming its focus on dominant tech and consumer companies. The data reflects Schwab’s role in managing and distributing assets across a diversified, large-cap equity portfolio.