E*TRADE Financial Corporation announced a significant expansion of its commission-free ETF and NTF mutual fund lineup:
E*TRADE now offers a total of 133 commission-free ETFs and more than 4,400 NTF mutual funds.
Since January 3, 2017, E*TRADE has added 1,900 no-load or load waived, no-transaction-fee mutual funds, along with five new ETF providers offering certain commission-free ETFs— ETF Securities, Guggenheim Investments, IndexIQ, John Hancock, and J.P. Morgan—totaling 47 new commission-free ETFs altogether.
“The shift towards passively managed index funds and ETFs has accelerated in recent years due in part to investors’ appetite for lower cost products, understanding that fees can have an impact on their portfolio over time,” said Rich Messina, SVP of Investment Product Management at E*TRADE Financial.
“We aim to provide a wide variety of passive and active products to help customers meet their needs.”
Commission-free ETFs added to the E*TRADE platform are listed below.
ETFS Physical Precious Metals Basket Shares
ETFS Physical Swiss Gold Shares
ETFS Physical Silver Shares
Guggenheim S&P 500® Equal Weight ETF
Guggenheim MSCI Emerging Markets Equal Country Weight
Guggenheim S&P MidCap 400® Equal Weight ETF
Guggenheim S&P Small Cap 600® Equal Weight ETF