This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Four Schwab ETFs Win Morningstar ETF Category Awards In Investor Class

Stocks in this article: SCHBSCHESCHFSCHGSCHW

Charles Schwab Investment Management, Inc. (CSIM) announced today that four Schwab Exchange-Traded Funds (ETFs) have received top honors from Morningstar, Inc. for providing the best investor experience over the past year compared to other ETFs in their respective categories.

Now in their second year, the Morningstar ETF Awards recognize ETFs and ETF providers that have ranked the highest in their category versus peers over the past year based on total cost of ownership and risk-adjusted performance. Total cost of ownership is comprised of estimated holding cost, tracking volatility and market impact cost.

The Schwab U.S. Broad Market ETF TM (SCHB) won the Investor class award out of 17 funds in Morningstar’s “U.S. ETF Large Blend” category. The Schwab Emerging Markets Equity ETF TM (SCHE) was cited as the Investor class winner out of 15 funds in Morningstar’s “U.S. ETF Diversified Emerging Markets” category. The Schwab U.S. Large-Cap Growth ETF TM (SCHG) ranked highest out of 13 funds in the “U.S. ETF Large Growth” category for the Investor class. And the Schwab International Equity ETF TM (SCHF) was the Investor class winner, besting a total of seven funds in the “U.S. ETF Foreign Large Blend” category.

“It’s an honor to be singled out for delivering the best investor experience in four different categories,” said Marie Chandoha, president and CEO of CSIM, which manages $14.28 billion in its 21 proprietary ETFs as of September 30, 2013. “Since the first Schwab ETF launched four years ago next month, we’ve been squarely focused on offering investors well-constructed ETFs at a great value and closely tracking our benchmarks, so it’s gratifying to have an industry leader like Morningstar recognize our efforts.”

Investors can buy or sell Schwab ETFs TM commission-free online through Schwab accounts*. In addition to their Morningstar accolades, the four winning ETFs and 11 other market-cap weighted Schwab ETFs have the lowest operating expense ratios in their respective Lipper categories**. More details about the winners are below:

Name of ETF     Ticker    

Total Assets*

   

Operating Expense Ratio

    Benchmark
Schwab U.S. Broad Market ETF     SCHB     $2.18B     0.04%     Dow Jones U.S. Broad Stock Market Index
Schwab Emerging Markets Equity ETF     SCHE     $811.91M     0.15%     FTSE Emerging Index
Schwab U.S. Large-Cap Growth ETF     SCHG     $823.65M     0.07%     Dow Jones U.S. Large-Cap Growth Total Stock Market Index
Schwab International Equity ETF     SCHF     $1.46B     0.09%     FTSE Developed ex-US Index

*Total Assets as of September 26, 2013

1 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,712.58 +34.68 0.21%
S&P 500 1,954.35 +3.53 0.18%
NASDAQ 4,467.3950 +14.6030 0.33%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs