And Down Came the Spider
State Street lowers expense ratio for SDPR ETF.
The Spider just got cheaper, but it's still not the cheapest.
State Street Bank has reduced the maximum expense ratio of its S&P 500 exchange-traded index fund known as the SPDR (short for Standard & Poor's Depository Receipts) (SPY) from 0.12% to 0.10%.
Dan Culloton does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.