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Commission-free ETFs
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Updated: August 15, 2023
Exchange traded funds (ETFs) are a great way to invest. They are easy to trade and relatively low-cost, and they offer the opportunity to invest in a variety of assets. Many investors should choose ETFs over mutual funds to create a proper asset allocation. The trading costs of ETFs can be eliminated when you choose from a stock broker that offers commission-free ETF investments.
However, commission-free ETFs aren't the only reason to choose a broker. It can be a deciding factor since long-term transaction fees can significantly decrease performance. The other factor to consider when choosing is how closely does the ETF mirror the index it's based upon? This is otherwise known as tracking error. Morningstar allows you to quickly check out this info by looking at historical returns. Click on any of the stock ticker symbols below for research from Morningstar.
We've done the research and found all of the discount brokers that offer commission-free ETFs to invest with. Most brokers' ETF lists will allow you to create a decently balanced portfolio.
| Stock Brokers | Minimum investment and fees | Our rank | Review |
|---|---|---|---|
| TD Ameritrade | Minimum Investment: $0Cost Per Stock Trade $0Options Cost Per Trade $0.65/contract | 4.5/5 | TD Ameritrade review |
| E*TRADE | Minimum Investment: $0Cost Per Stock Trade $0Options Cost Per Trade $0.65/contract | 4.8/5 | E*TRADE review |
| Fidelity Investments | Minimum Investment: $0Cost Per Stock Trade $0Options Cost Per Trade $0.65/contract | 4.5/5 | Fidelity review |
| Vanguard | Minimum Investment: $0Cost Per Stock Trade $0Options Cost Per Trade $1/ contract | 4.5/5 | Vanguard review |
| Public.com | Minimum Investment: $0Cost Per Stock Trade $0Options Cost Per Trade N/A | 3.5/5 | Public.com review |
E*TRADE commission-free ETFs
E*TRADE began offering commission-free ETFs toward the end of 2011. However, if you don't hold the ETF for at least 30 days, you may have to pay a redemption fee when you sell. Here are the ETFs offered by E*TRADE, along their expense ratios.
| ETF | Symbol | Expense ratio |
|---|---|---|
| DBX MSCI Brazil Currency-Hedged Equity Fund | DBBR | 0.60% |
| DBX MSCI EAFE Currency-Hedged Equity Fund | DBEF | 0.35% |
| DBX MSCI Emerging Markets Currency-Hedged Equity Fund | DBEM | 0.65% |
| DBX MSCI Germany Currency-Hedged Equity Fund | DBGR | 0.45% |
| DBX MSCI Japan Currency-Hedged Equity Fund | DBJP | 0.45% |
| Global X Brazil Consumer ETF | braq | 0.78% |
| Global X Brazil Mid Cap ETF | braz | 0.69% |
| Global X China Consumer ETF | chiq | 0.65% |
| Global X China Energy ETF | chie | 0.65% |
| Global X China Financials ETF | chix | 0.65% |
| Global X China Industrials ETF | chii | 0.65% |
| Global X China Materials ETF | chim | 0.65% |
| Global X Copper Miners ETF | copx | 0.65% |
| Global X Fertilizers/Potash ETF | soil | 0.69% |
| Global X FTSE Andean 40 ETF | and | 0.72% |
| Global X FTSE Argentina 20 ETF | argt | 0.75% |
| Global X FTSE ASEAN 40 ETF | asea | 0.65% |
| Global X FTSE Greece 20 ETF | grek | 0.61% |
| Global X FTSE Nordic 30 ETF | gxf | 0.50% |
| Global X FTSE Norway 30 ETF | norw | 0.50% |
| Global X Lithium ETF | lit | 0.75% |
| Global X Nasdaq China Technology ETF | qqqc | 0.65% |
| Global X Permanent ETF | perm | 0.49% |
| Global X Silver Miners ETF | sil | 0.65% |
| Global X Social Media Index Fund | socl | 0.65% |
| Global X Superdividend ETF | sdiv | 0.58% |
| Global X Uranium ETF | ura | 0.69% |
| Global X/Interbolsa FTSE Columbia 20 ETF | gxg | 0.61% |
| Global X FTSE Portugal 20 ETF | pgal | 0.61% |
| Global X Guru Activist ETF | actx | 0.75% |
| Global X Guru Index ETF | guru | 0.75% |
| Global X Guru International Index ETF | guri | 0.75% |
| Global X JPMorgan Efficiente Index ETF | effe | 0.90% |
| Global X JPMorgan U.S. Sector Rotator Index ETF | scto | 0.86% |
| Global X Junior MLP ETF | mlpj | 2.78% |
| Global X MLP & Energy Infrastructure ETF | mlpx | 0.45% |
| Global X MSCI Nigeria ETF | nge | 0.68% |
| Global X MSCI Pakistan ETF | pak | 0.88% |
| Global X Next Emerging & Frontier ETF | emfm | 0.58% |
| Global X Super Dividend U.S. ETF | div | 0.45% |
| Global X Super Dividend Emerging Markets ETF | sdem | 0.65% |
| Global X Super Dividend REIT ETF | sret | 0.58% |
| Wisdomtree Asia Local Debt Fund | ald | 0.55% |
| Wisdomtree Asia Pacific Ex-Japan Fund | axjl | 0.48% |
| Wisdomtree Australia & New Zealand Debt Fund | aunz | 0.45% |
| Wisdomtree Australia Dividend Fund | ause | 0.58% |
| Wisdomtree DEFA Equity Income Fund | dth | 0.58% |
| Wisdomtree DEFA Fund | dwm | 0.48% |
| Wisdomtree Dividend Ex-Financials Fund | dtn | 0.38% |
| Wisdomtree Dreyfus Brazilian Real Fund | bzf | 0.45% |
| Wisdomtree Dreyfus Chinese Yuan Fund | cyb | 0.45% |
| Wisdomtree Dreyfus Emerging Currency Fund | cew | 0.55% |
| Wisdomtree Dreyfus Indian Rupee Fund | icn | 0.45% |
| Wisdomtree Earnings 500 Fund | eps | 0.28% |
| Wisdomtree Emerging Markets Corporate Bond Fund | emcb | 0.60% |
| Wisdomtree Emerging Markets Local Debt Fund | eld | 0.55% |
| Wisdomtree Emerging Markets Smallcap Dividend Fund | dgs | 0.63% |
| Wisdomtree Equity Income Fund | dhs | 0.38% |
| Wisdomtree Europe Smallcap Dividend Fund | dfe | 0.58% |
| Wisdomtree Global Equity Income Fund | dew | 0.58% |
| Wisdomtree Ex-US Growth Fund | dnl | 0.58% |
| Wisdomtree Global Ex-US Real Estate Fund | drw | 0.58% |
| Wisdomtree Global Real Return Fund | rrf | 0.65% |
| Wisdomtree India Earnings Fund | epi | 0.83% |
| Wisdomtree International Dividend Ex-Financials Fund | doo | 0.58% |
| Wisdomtree Europe Hedged Equity Fund | hedj | 0.58% |
| Wisdomtree International Largecap Dividend Fund | dol | 0.48% |
| Wisdomtree International Midcap Dividend Fund | dim | 0.58% |
| Wisdomtree International Smallcap Dividend Fund | dls | 0.58% |
| Wisdomtree Japan Hedged Equity Fund | dxj | 0.48% |
| Wisdomtree Japan Smallcap Dividend Fund | dfj | 0.58% |
| Wisdomtree Largecap Dividend Fund | dln | 0.28% |
| Wisdomtree Largecap Value Fund | ezy | 0.38% |
| Wisdomtree Managed Futures Strategy | wdti | 0.95% |
| Wisdomtree Midcap Dividend Fund | don | 0.38% |
| Wisdomtree Middle East Dividend Fund | gulf | 0.88% |
| Wisdomtree Smallcap Dividend Fund | des | 0.38% |
| Wisdomtree Smallcap Earnings Fund | ees | 0.38% |
| Wisdomtree Total Dividend Fund | dtd | 0.28% |
| Wisdomtree Total Earnings Fund | ext | 0.28% |
| Wisdomtree Barclays U.S. Aggregate Bond Negative Duration Fund | agnd | 0.28% |
| Wisdomtree Barclays U.S. Aggregate Bond Zero Duration Fund | agzd | 0.23% |
| Wisdomtree Bloomberg U.S. Dollar Bullish Fund | usdu | 0.50% |
| Wisdomtree BofA Merrill Lynch High Yield Bond Negative Duration Fund | hynd | 0.48% |
| Wisdomtree BofA Merrill Lynch High Yield Bond Zero Duration Fund | hyzd | 0.43% |
| Wisdomtree Emerging Markets Consumer Growth Fund | emcg | 0.63% |
| Wisdomtree Emerging Markets Ex-State-Owned Enterprises Fund | xsoe | 0.58% |
| Wisdomtree Emerging Markets High Dividend Fund | dem | 0.63% |
| Wisdomtree Emerging Markets Quality Dividend Growth Fund | dgre | 0.63% |
| Wisdomtree Europe Hedged Small Cap Equity Fund | eusc | 0.58% |
| Wisdomtree Europe Quality Dividend Growth Fund | eudg | 0.58% |
| Wisdomtree Germany Hedged Equity Fund | dxge | 0.48% |
| Wisdomtree International Hedged Quality Dividend Growth Fund | ihdg | 0.58% |
| Wisdomtree Japan Hedged Financials Fund | dxjf | 0.48% |
| Wisdomtree Japan Hedged Quality Dividend Growth Fund | jhdg | 0.43% |
| Wisdomtree Japan Hedged Real Estate Fund | dxjr | 0.48% |
| Wisdomtree Japan Hedged Small Cap Equity Fund | dxjs | 0.58% |
| Wisdomtree Korea Hedged Equity Fund | dxkw | 0.58% |
| Wisdomtree Midcap Earnings Fund | ezm | 0.38% |
| Wisdomtree Strategic Corporate Bond Fund | crdt | 0.45% |
| Wisdomtree U.S. Quality Dividend Growth Fund | dgrw | 0.28% |
| Wisdomtree U.S. Small Cap Quality Dividend Growth Fund | dgrs | 0.38% |
| Wisdomtree United Kingdom Hedged Equity Fund | dxps | 0.48% |
Fidelity free ETFs
Fidelity has 91 commission-free ETFs through iShares and includes all 19 iShares Core ETFs, plus a diverse selection of international, domestic, and specialized equity, as well as fixed income, and commodities. You can find a number of ETFs with quite low expense ratios. All iShares ETFs are not available for margin for 30 days from settlement. For margin customers, positions will automatically become margin eligible in their account after 30 days from settlement.
Interactive Brokers
Interactive Brokers provides you with the opportunity invest in commission-free ETFs, including leveraged spread ETFs from FactorShares that are considered riskier. All of these are FactorShares 2X.
TD Ameritrade commission-free ETFs
TD Ameritrade features several commission-free ETFs to choose from, including equity funds, as well as sector, bond, international, and commodity ETFs.
Vanguard
Another broker that offers all its ETFs commission-free is Vanguard. You can choose from a number of funds, you won't pay commissions, and you can enjoy some rather low expense ratios.
Miranda Marquit is a journalism-trained freelance writer and professional blogger specializing in personal finance.
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