| What are the costs? | What you pay with Schwab |
|---|---|
|
Operating Expense Ratio (OER) OERs are charged annually by the fund company, expressed as a percentage of a fund's average net assets. They cover the fund's management and other costs. Passively managed funds are designed to track a specific market index and typically have lower costs (OERs) than actively managed funds that pay fund managers or management teams to make ongoing decisions on where a fund's money is invested. |
Passively managed ETFs Schwab ETFs™*3 The asset-weighted average OER for passively managed ETFs is 0.05%.4 Expenses can range from 0.03%-0.13%. Third-party passively managed ETFs traded on US exchanges are also available. OERs vary from fund to fund. Actively managed ETFs Schwab offers third-party actively managed ETFs traded on U.S exchanges. OERs vary from fund to fund. |
|
Trade Commission (online) Your broker may charge you a trade commission each time you buy or sell an ETF. |
US$0 online for any listed ETFs, including Schwab ETFs5 |
|
Other Costs Bid/ask spreads and changes in discounts and premiums can also factor into your trade costs.
|
Costs vary from fund to fund. |
*About Schwab ETFs - Schwab ETFs are distributed by SEI Investments Distribution Co.