A New Year's Gift: More Commission-Free ETFs From Schwab


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Investors love a good deal, and exchange-traded funds, broadly speaking, deliver the goods when it comes to good deals. Low fees have been one of the biggest reasons advisors and investors continuously flock toward ETFs, but ETF users have other avenues for cutting costs – including commission-free trading platforms.

Charles Schwab Corp (NYSE: SCHW)'s Schwab ETF OneSource is the largest commission-free ETF platform, and in terms of number of offerings, it just keeps on growing.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

On Monday, California-based Schwab said it is adding two new providers – Deutsche Bank AG (USA) (NYSE: DB)'s Deutsche Asset & Wealth Management (Deutsche AWM) and John Hancock Investments – and 14 new ETFs.

Two Guggenheim ETFs, the Guggenheim BulletShares 2025 Corporate Bond ETF (NYSE: BSCP) and the Guggenheim BulletShares 2023 High Yield Corporate Bond ETF (NYSE: BSJN), also joined Schwab ETF OneSource.

“Deutsche Asset Management and John Hancock Investments are the 15th and 16th providers to join Schwab ETF OneSource, adding to a roster of existing industry leaders that include: ALPS, Direxion, ETF Securities, Global X Funds, Guggenheim Investments, IndexIQ, J.P. Morgan Asset Management, PIMCO, PowerShares, ProShares, State Street SPDR® ETFs, United States Commodity Funds LLC, WisdomTree and Charles Schwab Investment Management,” said Schwab in the statement.


Want Private Access to Benzinga Analyst?

Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.


New To ETF OneSource

The following Deutsche AWM ETFs are joining the ETF OneSource platform:

  • Deutsche X-trackers MSCI EAFE Hedged Equity ETF (DBX ETF Trust (NYSE: DBEF))
  • Deutsche X-trackers MSCI Emerging Markets Hedged Equity Fund (DBX ETF Trust (NYSE: DBEM))
  • Deutsche X-trackers MSCI Eurozone Hedged Equity ETF (NYSE: DBEZ)
  • Deutsche X-trackers MSCI All World ex US Hedged Equity ETF (DBX ETF Trust (NYSE: DBAW))
  • Deutsche X-trackers MSCI All World ex US High Dividend (NYSE: HDAW)
  • Deutsche X-Trackers Municipal Infrastructure Revenue Bond Fund (DBX ETF Trust (NYSE: RVNU))

Six John Hancock ETFs, each of which came to the market last year, are being added to Scwhab ETF OneSource.

That group includes:

  • John Hancock Multifactor Technology ETF (NYSE: JHMT)
  • John Hancock Multifactor Healthcare ETF (NYSE: JHMH)
  • John Hancock Multifactor Financials ETF (NYSE: JHMF)
  • John Hancock Multifactor Consumer Discretionary ETF (NYSE: JHMC)

As of September 30, 2015, Schwab ETF OneSource has $44 billion in assets under management and 201 flows into ETFs in the program are $9 billion, according to Schwab.

Image Credit: Public Domain

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: Long IdeasNewsBondsBroad U.S. Equity ETFsNew ETFsCurrency ETFsForexIntraday UpdateMarketsTrading IdeasETFsDeutsche Asset & Wealth ManagementGuggenheimJohn Hancock InvestmentsSchwabSchwab ETF OneSource