<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000918266
<NAME> SCHWABFUNDS
<SERIES>
<NUMBER> 020
<NAME> MARKETTRACK GROWTH II PORTFOLIO
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 16657
<INVESTMENTS-AT-VALUE> 20774
<RECEIVABLES> 27
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 2
<TOTAL-ASSETS> 20803
<PAYABLE-FOR-SECURITIES> 25
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 248
<TOTAL-LIABILITIES> 273
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15902
<SHARES-COMMON-STOCK> 1294
<SHARES-COMMON-PRIOR> 1197
<ACCUMULATED-NII-CURRENT> 316
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 195
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4117
<NET-ASSETS> 20530
<DIVIDEND-INCOME> 162
<INTEREST-INCOME> 7
<OTHER-INCOME> 0
<EXPENSES-NET> (59)
<NET-INVESTMENT-INCOME> 110
<REALIZED-GAINS-CURRENT> 43
<APPREC-INCREASE-CURRENT> (103)
<NET-CHANGE-FROM-OPS> 50
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 234
<NUMBER-OF-SHARES-REDEEMED> (137)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1574
<ACCUMULATED-NII-PRIOR> 206
<ACCUMULATED-GAINS-PRIOR> 152
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 52
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 91
<AVERAGE-NET-ASSETS> 19440
<PER-SHARE-NAV-BEGIN> 15.84
<PER-SHARE-NII> 0.07
<PER-SHARE-GAIN-APPREC> (0.04)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 15.87
<EXPENSE-RATIO> 0.60<F1>
<FN>
<F1>Would have been 0.61% if certain non-routine expenses had been included.
</FN>
</TABLE>
