The first is they represent what Horizons calls «the latest salvo in the Canadian
ETF fee war.»
Not exact matches
But she emphatically declined to characterize the
fee cuts as an
ETF price
war.
Until a few years ago, there may have been a compelling cost advantage to using U.S. - listed
ETFs over higher -
fee Canadian equivalent
ETFs but that MER differential has all but disappeared since the
ETF price
war hit Canadian shores early in 2014.
Meanwhile,
ETF leader Blackstone says it sees a secular shift to exchange - traded funds and top asset managers are engaged in a
fee war in a race to the bottom on low
ETF fees.
The
ETF price
war has been raging south of the border, where Schwab recently slashed the
fees on its
ETFs to as low as 0.04 %.
As the slim to non-existent differences in the prices of the three funds above suggests, focus on
ETF costs has intensified dramatically in the past few years, leading many journalists and analysts to characterize all the jockeying for bragging rights to the cheapest funds as a «
fee war» of sorts.