E-Trade to Offer More Commission-Free Funds

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NEW YORK — E*TRADE Financial has announced a significant expansion of its commission-free Exchange Traded Funds (ETF) and No Transaction Fee (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

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

Consumers 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.