Brokerage firm Charles Schwab has added 16 new exchange-traded funds to its Schwab ETF OneSource platform.
Beth Flynn, vice president of ETF platform management at Charles Schwab.
Launched in February, the platform enables investors and advisors to buy and sell 121 ETFs commission-free.
The platform includes ETFs from six leading providers: SPDR ETFs, Guggenheim, PowerShares, ETF Securities, United States Commodity Funds, and Charles Schwab.
The 16 new ETFs include five from Guggenheim, five from SPDR ETFs and six from Charles Schwab. They expand the range of categories available to now include asset allocation ETFs, long-term corporate bonds ETFs, and international asset-income ETFs.
Beth Flynn, vice president of ETF platform management at Charles Schwab, said: “With the most commission-free ETFs and the broadest category coverage in the industry, Schwab ETF OneSource gives investors and advisors unsurpassed choice when it comes to building diversified commission-free ETF portfolios. We’re pleased to be adding to the range of funds and asset categories that we can offer commission-free, and continue to believe that this is just the beginning.”
As of September 30, Charles Schwab had $179 billion in ETFs custodied on its platform (this figure includes all ETFs held with Charles Schwab and not just those hosted on the OneSource platform).
The latest additions to the platform are as follows:
Guggenheim International Multi-Asset Income ETF (HGI)
Guggenheim BulletShares 2019 High Yield Corporate Bond ETF (BSJJ)
Guggenheim BulletShares 2020 High Yield Corporate Bond ETF (BSJK)
Guggenheim BulletShares 2021 Corporate Bond ETF (BSCL)
Guggenheim BulletShares 2022 Corporate Bond ETF (BSCM)
SPDR Barclays Issuer Scored Corporate Bond ETF (CBND)
SPDR SSgA Multi-Asset Real Return ETF (RLY)
SPDR SSgA Global Allocation ETF (GAL)
SPDR SSgA Income Allocation ETF (INKM)
SPDR S&P Global Dividend ETF (WDIV)
Schwab Fundamental US Broad Market Index ETF (FNDB)
Schwab Fundamental US Large Company Index ETF (FNDX)
Schwab Fundamental US Small Company Index ETF (FNDA)
Schwab Fundamental International Large Company Index ETF (FNDF)
Schwab Fundamental International Small Company Index ETF (FNDC)
Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE)