ETF Specialist

Penny-Pinching Index Fund Investors May Pay a Price

Ben Johnson, CFA

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.