| What are the costs? | What you pay with Schwab |
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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™*3Expenses can range from 0.03%-0.39%*. 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. |
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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 ETFs4 |
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Other Costs Bid/ask spreads and changes in discounts and premiums can also factor into your trade costs.
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Costs vary from fund to fund. |
*Source: CSIM. As of October 31, 2021.