18.06.2013 - Two really cheap ETFs face off. Investors win
Charles Schwab (SCHW) made a huge splash last September when it slashed expense ratios on several of its exchange-traded funds. They included the Schwab U.S. Broad Market ETF (SCHB), which saw expenses cut from 0.06 percent to 0.04 percent -- or $4 per year for $10,000 invested. That made it the cheapest fund since the invention of the first mutual fund in 1924. With expenses now less than the cost of a small pizza, the fund has doubled in size to $2 billion, and is ever-so-slightly outpacing the S&P 500...............................................Full Article: Source
Print