The Charles Schwab Corp (SCHW-N) Quote

Schwab announced today that it has added 25 ETFs to Schwab ETF OneSource(TM), one of the first commission-free ETF programs(1) in the industry. Starting today, clients can access 539 ETFs covering 83 Morningstar Categories with $0 online commissions. Schwab ETF OneSource continues to stand apart with no enrollment requirements, no early redemption fees and no activity assessment fees.

“In Schwab’s 2019 ETF Investor Study, investors said a broad selection of ETF categories and no additional fees are critical differentiators when evaluating commission-free ETF programs(2),” said Kari Droller, vice president of third-party mutual fund and ETF platforms at Schwab. “From day one, our priority with the Schwab ETF OneSource program has been to provide a broad lineup of commission-free ETFs that spans a variety of asset classes and index weightings to make it simple for investors and advisors to build highly diversified, commission-free ETF portfolios.”

Schwab ETF OneSource offers commission-free ETFs from 15 leading providers: Aberdeen Standard Investments, ALPS, DWS Group, Direxion, Global X Funds, IndexIQ, Invesco ETFs, iShares ETFs, John Hancock Investment Management, J.P. Morgan Asset Management, PIMCO, State Street Global Advisors SPDR(R) ETFs, USCF, WisdomTree and Charles Schwab Investment Management. The 83 Morningstar categories covered on Schwab ETF OneSource represent 98.79% of ETF assets in the industry(3).

The 25 ETFs added today are from seven providers and cover a range of Morningstar categories including Muni National Intermediate, Consumer Defensive, and Consumer Cyclical.

The funds added to Schwab ETF OneSource on July 9 are:

Fund Name                                                     Ticker     Morningstar Category
------------------------------------------------------------- ------ ----------------------------
Direxion FTSE Russell International Over US ETF                RWIU       Foreign Large Blend
------------------------------------------------------------- ------ ----------------------------
Direxion FTSE Russell US Over International ETF                RWUI           Large Blend
------------------------------------------------------------- ------ ----------------------------
Direxion MSCI Cyclicals Over Defensives ETF                    RWCD        Consumer Cyclical
------------------------------------------------------------- ------ ----------------------------
Direxion MSCI Defensives Over Cycles ETF                       RWDC       Consumer Defensive
------------------------------------------------------------- ------ ----------------------------
Direxion MSCI Developed Over Emerging Markets ETF              RWDE        World Large Stock
------------------------------------------------------------- ------ ----------------------------
Direxion MSCI Emerging Over Developed Markets ETF              RWED  Diversified Emerging Markets
------------------------------------------------------------- ------ ----------------------------
Direxion Russell 1000(R) Growth Over Value ETF  RWGV          Large Growth
------------------------------------------------------------- ------ ----------------------------
Direxion Russell 1000(R) Value Over Growth ETF  RWVG           Large Value
------------------------------------------------------------- ------ ----------------------------
Direxion Russell Large Over Small Cap ETF                      RWLS           Large Blend
------------------------------------------------------------- ------ ----------------------------
Direxion Russell Small Over Large Cap ETF                      RWSL           Small Blend
------------------------------------------------------------- ------ ----------------------------
Global X Cloud Computing ETF                                   CLOU           Technology
------------------------------------------------------------- ------ ----------------------------
Global X MSCI Argentina ETF                                    ARGT      Miscellaneous Region
------------------------------------------------------------- ------ ----------------------------
Global X MSCI China Financials ETF                             CHIX          China Region
------------------------------------------------------------- ------ ----------------------------
IQ MacKay Shields Municipal Insured ETF                        MMIN   Muni National Intermediate
------------------------------------------------------------- ------ ----------------------------
IQ MacKay Shields Municipal Intermediate ETF                   MMIT   Muni National Intermediate
------------------------------------------------------------- ------ ----------------------------
John Hancock Multifactor Media and Communications ETF          JHCS         Communications
------------------------------------------------------------- ------ ----------------------------
JPMorgan BetaBuilders 1-5 Year US Aggregate Bond ETF           BBSA         Short-Term Bond
------------------------------------------------------------- ------ ----------------------------
JPMorgan BetaBuilders Canada ETF                               BBCA      Miscellaneous Region
------------------------------------------------------------- ------ ----------------------------
JPMorgan BetaBuilders Developed Asia ex-Japan ETF              BBAX   Pacific/Asia ex-Japan Stock
------------------------------------------------------------- ------ ----------------------------
JPMorgan BetaBuilders Europe ETF                               BBEU          Europe Stock
------------------------------------------------------------- ------ ----------------------------
JPMorgan BetaBuilders Japan ETF                                BBJP           Japan Stock
------------------------------------------------------------- ------ ----------------------------
JPMorgan Core Plus Bond ETF                                    JCPB   Intermediate Core-Plus Bond
------------------------------------------------------------- ------ ----------------------------
JPMorgan Corporate Bond Research Enhanced ETF                  JIGB         Corporate Bond
------------------------------------------------------------- ------ ----------------------------
PIMCO Enhanced Low Duration Active ETF                         LDUR         Short-Term Bond
------------------------------------------------------------- ------ ----------------------------
SPDR(R) S&P Kensho New Economies Composite ETF  KOMP           Technology
------------------------------------------------------------- ------ ----------------------------

Schwab ETF OneSource Assets Continue to Grow

To date in 2019, Schwab ETF OneSource has added 285 funds to the program, more than doubling the number of commission-free ETFs available to clients compared to last year. Assets in Schwab ETF OneSource were $182 billion as of May 31, 2019, up 81% compared to the same period in 2018. Year to date flows into ETFs in Schwab ETF OneSource are $13 billion, representing 70% of the total ETF flows at Schwab.

A complete list of Schwab ETF OneSource ETFs is available here.

About Schwab ETF OneSource

Schwab ETF OneSource offers investors and advisors access to 500+ commission-free ETFs. Commission-free online trading is available to individual investors at Schwab, to approximately 7,000 independent investment advisors who use Schwab’s custodial services and through Schwab retirement accounts that permit trading of ETFs.

In addition to its commission-free program, Schwab offers a range of resources to help clients choose ETFs that fit their investment needs, including the Schwab ETF Select List(TM), tutorials, education, research and tools available via Schwab’s online ETF center, and live events at local Schwab branches.

About Charles Schwab

At Charles Schwab, we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients’ goals with passion and integrity.

Disclosures

Investors should consider carefully information contained in the prospectus or, if available, the summary prospectus, including investment objectives, risks, charges, and expenses. You can request a prospectus by calling Schwab at 1-800-435-4000. Please read it carefully before investing.

Investment returns will fluctuate and are subject to market volatility, so that an investor’s shares, when redeemed or sold, may be worth more or less than their original cost. Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF. Shares of ETFs are bought and sold at market price, which may be higher or lower than the net asset value (NAV).

Schwab receives payments from the third-party ETF sponsors or their affiliates participating in Schwab ETF OneSource for recordkeeping, shareholder services and other administrative services that Schwab provides to participating ETFs. Participating firms may also make additional payments for other ETF-related opportunities such as education and events and reporting. Schwab promotes Schwab ETF OneSource to its customers, and a portion of the fees paid to Schwab offsets some or all of Schwab’s costs of promoting and administering Schwab ETF OneSource. Schwab does not receive payment to promote any particular ETF to its customers.

ETF sponsors or their affiliates participating in the Schwab ETF OneSource program generally pay fees to Schwab that are comprised of two components: (i) asset-based fees; and (ii) annual fixed program fees or one-time establishment fees.

At times, Schwab may enter into alternative fee arrangements with ETF sponsors or their affiliates for participation in ETF OneSource; these alternative arrangements might include a flat fee at the ETF or sponsor level. Regardless of how Schwab receives compensation from the ETF sponsor, the overall fee Schwab expects to receive from third party ETF sponsors for their participation in ETF OneSource or for ETF-related opportunities generally ranges from 0.04% to 0.08% per year. In addition, Schwab may waive commissions for certain ETFs at its own discretion from time to time, without payment of a separate fee by the ETF sponsor, and will allow these ETFs to participate in ETF OneSource if the ETFs meet Schwab’s internal objective criteria for inclusion. Regardless, all participating firms receive the same benefits, and the same potential conflicts exist regardless of fee structure.

Neither Schwab ETFs nor Charles Schwab Investment Management, Inc. pay a fee to Schwab for the Schwab ETFs to participate in the Schwab ETF OneSource program.

Schwab’s use of the name or logo of any ETF sponsor or individual ETF in Schwab ETF OneSource promotional and informational materials prepared by Schwab is used under license. Schwab’s inclusion of a particular ETF in ETF OneSource should not be considered endorsement of any participating ETF or ETF sponsor or a recommendation of any security. Except with respect to the Schwab ETFs, Schwab is not affiliated with any participating ETF or ETF sponsor.

ALPS Distributors, Inc. is the marketing agent for Aberdeen Standard Silver ETF Trust, Aberdeen Standard Gold ETF Trust, Aberdeen Standard Platinum ETF Trust, Aberdeen Standard Palladium ETF Trust and the Aberdeen Standard Precious Metals Basket ETF Trust. ALPS Distributors, Inc. is the distributor for the Aberdeen Standard Investments ETFs.

Xtrackers ETFs are managed by DBX Advisors LLC (the Advisor), and distributed by ALPS Distributors, Inc. (ALPS). The Advisor is a wholly owned subsidiary of DWS Group GmbH & Co. KGaA, and is not affiliated with ALPS.

Global X is a registered trademark of Global X Management Company LLC.

IndexIQ(R) is an indirect wholly owned subsidiary of New York Life Investment Management Holdings LLC. ALPS Distributors, Inc. (ALPS) is the principal underwriter of the ETFs. NYLIFE Distributors LLC is a distributor of the ETFs. NYLIFE Distributors LLC is located at 30 Hudson Street, Jersey City, NJ 07302. ALPS Distributors, Inc. is not affiliated with NYLIFE Distributors LLC. NYLIFE Distributors LLC is a Member FINRA/SIPC.

Invesco Distributors, Inc. is the US distributor for Invesco’s retail products and private placements, and is an indirect, wholly owned subsidiary of Invesco Ltd.

1 2

Share