Schwab Launches Large Cap Growth and Value ETFs
Sunday, December 13th, 2009Ron Rowland submits:
Schwab launched two more ETFs Friday (12/11/09): Schwab U.S. Large-Cap Growth ETF (SCHG) and Schwab U.S. Large-Cap Value ETF (SCHV). Both funds will have an expense ratio of 0.15% and commission-free trading in Schwab brokerage accounts.
Schwab made a grand entrance into the ETF business about five weeks ago. By offering their products with some of the industry’s lowest prices, coupled with zero-commission trading for Schwab customers, I went so far as to declare it a watershed event.
