E*TRADE Financial Corporation (NASDAQ:ETFC) today 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.
| Fund Name | Ticker |
| ETFS Physical Precious Metals Basket Shares | GLTR |
| ETFS Physical Swiss Gold Shares | SGOL |
| ETFS Physical Silver Shares | SIVR |
| Guggenheim S&P 500® Equal Weight ETF | RSP |
| Guggenheim MSCI Emerging Markets Equal Country Weight | EWEM |
| Guggenheim S&P MidCap 400® Equal Weight ETF | EWMC |
| Guggenheim S&P Small Cap 600® Equal Weight ETF | EWSC |
| Guggenheim S&P 500® Equal Weight Consumer Discretionary ETF | RCD |
| Guggenheim S&P 500® Equal Weight Consumer Staples ETF | RHS |
| Guggenheim S&P 500® Equal Weight Energy ETF | RYE |
| Guggenheim S&P 500® Equal Weight Financials ETF | RYF |
| Guggenheim S&P 500® Equal Weight Health Care ETF | RYH |
| Guggenheim S&P 500® Equal Weight Industrials ETF | RGI |
| Guggenheim S&P 500® Equal Weight Materials ETF | RTM |
| Guggenheim S&P 500® Equal Weight Real Estate ETF | EWRE |
| Guggenheim S&P 500® Equal Weight Technology ETF | RYT |
| Guggenheim S&P 500® Equal Weight Utilities ETF | RYU |
| Guggenheim Total Return Bond ETF | GTO |
| Guggenheim S&P High Income Infrastructure ETF | GHII |
| IQ Hedge Multi-Strategy Tracker ETF | QAI |
| IQ Merger Arbitrage ETF | MNA |
| IQ Enhanced Core Bond U.S. ETF | AGGE |
| IQ Enhanced Core Plus Bond U.S. ETF | AGGP |
| IQ 50 Percent Hedged FTSE International ETF | HFXI |
| IQ 50 Percent Hedged FTSE Europe ETF | HFXE |
| IQ 50 Percent Hedged FTSE Japan ETF | HFXJ |
| IQ Global Resources ETF | GRES |
| IQ US Real Estate Small Cap ETF | ROOF |
| John Hancock Multifactor Large Cap ETF | JHML |
| John Hancock Multifactor Mid Cap ETF | JHMM |
| John Hancock Multifactor Consumer Discretionary ETF | JHMC |
| John Hancock Multifactor Consumer Staples ETF | JHMS |
| John Hancock Multifactor Energy ETF | JHME |
| John Hancock Multifactor Financials ETF | JHMF |
| John Hancock Multifactor Healthcare ETF | JHMH |
| John Hancock Multifactor Industrials ETF | JHMI |
| John Hancock Multifactor Materials ETF | JHMA |
| John Hancock Multifactor Technology ETF | JHMT |
| John Hancock Multifactor Utilities ETF | JHMU |
| JPMorgan Diversified Return Emerging Markets Equity ETF | JPEM |
| JPMorgan Diversified Return Global Equity ETF | JPGE |
| JPMorgan Diversified Return International Equity ETF | JPIN |
| JPMorgan Diversified Return U.S. Equity ETF | JPUS |
| JPMorgan Diversified Return Europe Equity ETF | JPEU |
| JPMorgan Diversified Return Europe Currency Hedged ETF | JPEH |
| JPMorgan Diversified Return International Currency Hedged ETF | JPIH |
| JPMorgan Diversified Return U.S. Mid Cap Equity ETF | JPME |
1. When compared to the number of NTF mutual funds Scottrade, TD Ameritrade, Fidelity, and Charles Schwab offered, as stated on their public sites as of February 23, 2017.
To learn more about E*TRADE’s complete suite of products and offerings, visit etrade.com. For useful trading and investing insight from E*TRADE, follow the company on Twitter, @ETRADE.
The fund's prospectus contains its investment objectives, risks, charges, expenses, and other important information and should be read and considered carefully before investing. For a current prospectus, visit etrade.com/mutualfunds or visit the Exchange-Traded Funds Center at etrade.com/etf.
About E*TRADE’s Commission-Free ETF Program
Customers can buy and sell the exchange-traded funds (ETFs) available through the E*TRADE Securities Commission-Free ETF Program without paying brokerage commissions. To discourage short-term trading, E*TRADE Securities may charge a short-term trading fee on sales of participating ETFs held for less than 30 days.
About E*TRADE’s no-load, no-transaction-fee mutual fund program
You can invest in the mutual funds available through E*TRADE Securities' no-load, no-transaction-fee program without paying loads, transaction fees, or commissions. To discourage short-term trading, E*TRADE Securities will charge an Early Redemption Fee of $49.99 on redemptions or exchanges of no-load, no-transaction-fee funds that are held for less than 90 days. Direxion funds (other than the Indexed Commodity Strategy Fund DXCTX), ProFunds, Rydex mutual funds, and all money market funds are not subject to the Early Redemption Fee. All fees and expenses as described in the fund's prospectus still apply. Please read the fund's prospectus carefully before investing.
About E*TRADE Financial
E*TRADE Financial and its subsidiaries provide financial services including online brokerage and banking products and services to retail customers. Securities products and services, including mutual funds and ETFs, are offered by E*TRADE Securities (Member FINRA/SIPC). Bank products and services are offered by E*TRADE Bank, a Federal savings bank, Member FDIC, or its subsidiaries and affiliates. More information is available at www.etrade.com. ETFC-G
Important Notices
E*TRADE Financial, E*TRADE and the E*TRADE logo are trademarks or registered trademarks of E*TRADE Financial Corporation.
© 2017 E*TRADE Financial Corporation. All rights reserved.
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or
E*TRADE
Investor Relations
646-521-4406
IR@etrade.com
