Bringing you live news and features since 2006 

Schwab ETFs surpass USD1bn in assets under management


Charles Schwab Investment Management says assets under management in its eight Schwab exchange-traded funds exceeded USD1bn on 6 April 2010.

Since the first four Schwab ETFs launched five months ago, they have seen significant adoption in the market, driven in part by low operating expense ratios and commission-free online trading in Schwab accounts.

"We’re delighted that individual investors and investment advisors are choosing to invest in Schwab ETFs," says Peter Crawford (pictured), senior vice president of Charles Schwab & Co. "They are finding value in our ETFs with their low expenses and commission-free trades online at Schwab as well as the vast education resources available at the ETF centre at"

The first four Schwab ETFs – the Schwab US Broad Market ETF, the Schwab US Large-Cap ETF, the Schwab US Small-Cap ETF and the Schwab International Equity ETF – were launched on 3 November 2009.

The Schwab US Large-Cap Growth ETF and the Schwab US Large-Cap Value ETF were launched on 11 December 2009.

The Schwab Emerging Markets Equity ETF and the Schwab International Small-Cap Equity ETF began trading on 14 January 2010.

Schwab ETFs track an array of domestic and international stock indexes. In seven of eight Schwab ETFs, the operating expense ratios are the lowest as compared to competitors’ offerings in the same category.

Latest News

BlackRock writes that May marked the highest inflow month of the year for both rates and high yield (HY) ETPs,..
SIX reported a combined 12.3 per cent trading turnover increase in CHF for its two exchanges in Switzerland and Spain..
EFAMA’s March figures reveal that UCITS and AIFs recorded net inflows of EUR24 billion, up from EUR21 billion in February...
VanEck has announced that the VanEck Semiconductor UCITS ETF has reached over USD2 billion in assets under management (AUM) after..

Related Articles

Darren Johnson, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
Stuart Chaussee
In January this year, global data and business intelligence platform, Statista reported that there are now more than 8000 ETFs...
Ethereum coin
Last week saw Australia launch spot bitcoin ETFs, with Matteo Greco, Research Analyst at Fineqia International, writing that Monochrome Asset...
Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by