From Matthew Frankel, CFP: The Schwab Broad Market ETF (NYSEMKT:SCHB) is a low-cost exchange-traded fund that is designed to allow investors to passively invest in the entire stock market through a single investment vehicle. The fund can be a smart choice for investors who want to benefit from the long-term compounding power of stocks or investors who want to […]
It’s been quite a while since Charles Schwab launched its last ETF, but the brokerage appears to be getting back into the game again with a new ETF filing.
From Zacks: Amid both peaks and troughs in the stock world, the ETF industry is seeing an explosive growth era thanks to its unique strategies, creativity, transparency, diversification benefits, enhanced tax competences, low turnover and of course low cost.
It’s never been cheaper to buy mutual funds and ETFs, but the already-low fees that issuers charge will only fall further in coming years.
Today we performed a simple screen on the U.S. listed ETF landscape based on “Lowest Expense Ratio,” generating the “cheapest ETFs” listed. The results may surprise some folks.
NYSE:SCHX, NYSE:SCHB, NYSE:SCHZ, NYSE:VOO, NYSE:VOO
NYSEARCA:VTI, NYSEARCA:IYY, NYSEARCA:SCHB
NYSEARCA:SCHB, NYSEARCA:VLU, NYSEARCA:MMTM
Michael Johnston: Charles Schwab continued the ETF industry’s downward pressure on fees by announcing last week that it is drastically reducing the expense ratios charged by several of its exchange-traded products. Schwab, which pioneered the concept of commission-free trading for ETFs
NYSEARCA:VTI, NASDAQ:AAPL, NASDAQ:MSFT, NYSE:GE, NYSE:IBM, NYSE:XOM