Investment service the Charles Schwab Corporation (Schwab) is following BlackRock’s lead by lowering expense fees for over a dozen of its ETFs. This is not the first time Schwab has implemented such a cut, but it is one of several major investment firms taking this approach to price competition. The Scwab SU Small-Cap ETF fee is dropping from 0.05% to 0.04%; the Schwab US Mid-Cap ETF from 0.05% to 0.04%; the Schwab International Equity ETF from 0.08% to 0.07%; the Schwab Emerging Markets Equity ETF from 0.14% to 0.13%; and the Schwab US Aggregate Bond ETF from 0.07% to 0.06%.
Investment service the Charles Schwab Corporation (Schwab) is following BlackRock’s lead by lowering expense fees for over a dozen of its ETFs. This is not the first time Schwab has implemented such a cut, but it is one of several major investment firms taking this approach to price competition. The Scwab SU Small-Cap ETF fee is dropping from 0.07% to 0.06%; the Schwab US Mid-Cap ETF from 0.07% to 0.06%; the Schwab International Equity ETF from 0.08% to 0.07%; the Schwab Emerging Markets Equity ETF from 0.14% to 0.13%; and the Schwab US Aggregate Bond ETF from 0.05% to 0.04%.