Schwab Responds to iShares Fee Cuts

With the annual fee on the iShares Core MSCI Emerging Markets ETF (NYSEArca: IEMG) going to 0.16% from 0.18%, that fund has usurped the Vanguard FTSE Emerging Markets ETF (NYSE: VWO) as the least expensive emerging markets ETF.

SCHX, the Schwab ETF with the 0.03% annual expense ratio, tracks the Dow Jones US Large Cap Total Stock Market Index and Schwab advisor and retail clients can trade the ETF commission-free on Schwab’s ETF OneSource platform.

Schwab U.S. Large-Cap ETF