A version of this article was published in the February 2017 issue of Morningstar ETFInvestor. Download a complimentary copy of ETFInvestor here.
In early February, Charles Schwab (SCHW) launched the latest volley in a years-long fee war among providers of low-cost exchange-traded funds and index mutual funds. As of March 1, a number of existing Schwab index mutual funds slashed their fees. In cases where the funds have an ETF counterpart, the two are now priced identically.
Ben Johnson, CFA does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.