Schwab to Cut Expenses on 4 ETFs as Fee Wars Wind Down
Charles Schwab Corp. (SCHW) slashed fees on four of its equity exchange-traded funds, bringing the cost of all its equity and fixed-income market-cap-weighted index ETFs below 10 basis points, according to a company announcement Monday. The fee cuts come as Morningstar reports fund fees hit record lows in 2024, with many index funds and ETFs … Read more