State Street fee cuts driven by pressure to compete with ETF rivals

Oct 30, 2023 · State Street Global Advisors’ (SSGA) latest move has caught the attention of the European ETF market, however, its decision to slash fees across three S&P 500 ETFs has …

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State Street Cuts Fees On 10 ETFs As Price War Heats Up - Yahoo …

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Aug 1, 2023 · State Street Global Advisors, the world’s third largest ETF manager, with $3.8 trillion in assets under management, fired the first shots of a new exchange-traded fund fee …

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State Street Cuts Fees On 10 ETFs As Price War Heats Up

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Aug 1, 2023 · State Street Global Advisors, the world’s third largest ETF manager, with $3.8 trillion in assets under management, fired the first shots of a new exchange-traded fund fee …

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Odds & Ends: State Street Slashes Fees On 10 ETFs | Etf.com

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Aug 4, 2023 · S&P 500 ETFs first reached 0.03% expense ratios in 2019, when a series of price cuts pushed Vanguard’s S&P 500 ETF down to that level, soon followed by BlackRock and …

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State Street Cuts ETF Fees, Amping Up Wall Street’s Race To Zero

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Mar 26, 2021 · The move by State Street came after BlackRock earlier this week reduced fees on nine iShares Morningstar U.S. Equity Style Box ETFs to a range of 0.03% to 0.06%, down …

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State Street’s S&P 500 ETF Nets €1bn Inflows Following Fee Cut

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Nov 21, 2023 · State Street Global Advisors (SSGA) has seen over €1bn inflows into its S&P 500 ETF since slashing fees to become the cheapest in Europe, outgunning rivals BlackRock, …

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Vanguard Trims Many Mutual Fund Fees, Mirroring Industry Trend

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1 day ago · Actively managed funds, with generally higher fees, have managers who might take a more hands-on approach to buying and selling. But any fee higher than 1% “should be …

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FAQs about State Street fee cuts driven by pressure to compete with ETF rivals Coupon?

Does state Street Global Advisors have an ETF fee War?

State Street Global Advisors, the world’s fourth largest asset manager, with $3.8 trillion in assets under management, fired the first shots of a new ETF fee war with cuts to 10 of its SPDR series of exchange-traded funds. ...

Did State Street cut fees on 11 sector ETFs?

State Street cut fees on 11 sector ETFs with $225bn in assets. The group slashed the expense ratios of each of these funds by 2 basis points to 10 bp, according to a recent disclosure. ...

How many ETFs has State Street lowered fees?

State Street has lowered fees on 20 ETFs over the past two years, according to the press release. SPLG is the largest ETF included in Tuesday’s cuts, followed by the nearly $US17 billion SPDR Portfolio Developed World (ex-US) ETF (SPDW), which now carries an expense ratio of 3 basis points. ...

Is state Street the biggest ETF in the world?

It’s an aggressive volley by State Street, which helms the $US434 billion SPDR S & P 500 ETF Trust (SPY), the oldest and largest ETF. Even still, the asset manager has been ceding market share in the $US7.6 trillion industry for two decades. ...

Does state Street have a fee cut?

The cuts affect $78 billion in assets under management, only 2% of State Street’s AUM, and 7% of the firm’s $1.1 billion in ETF assets. None of the funds with fee cuts is in State Street’s top 10 funds, with the largest, SPLG, clocking in at 11th place. ...

Which ETFs have lowered fees?

The latest round of ETFs to have fees lowered are part of State Street’s so-called SPDR Portfolio suite – a stable of low-cost funds spanning equities and fixed income meant to form the building blocks of a portfolio. ...