50+ ETFs Change Expense Ratios
More than 50 ETFs have raised or lowered their expense ratios in the past few days.
A large range of ETFs from multiple issuers have raised or lowered their expense ratios at the turning of the month. The largest change was for the InfraCap MLP ETF (AMZA), which saw its price go up by 57 basis points. Meanwhile, the PowerShares KBW High Dividend Yield Financial Portfolio (KBWD) reduced its expense ratio by 59 basis points.
In all, 53 ETFs enacted changes in their expense ratios, with 20 lowering fees and 33 raising fees.
PowerShares and Global X had the most funds making expense ratio changes, at 11 each. The largest reduction for PowerShares occurred with KBWD; however, the expense ratio on its PowerShares DWA Momentum & Low Volatility Rotation Portfolio (DWLV) went up by 16 basis points. Global X’s changes ranged from a 22-basis-point reduction on its Global X MSCI Nigeria ETF (NGE) to a 4-basis-point increase for the expense ratio of its Global X FTSE Nordic Region ETF (GXF).
The changes are listed in the table below:
| Fund | Ticker | Old | New | Effectivity Date | Change |
| Direxion Daily 20+ Year Treasury Bear 1X Shares | TYBS | 0.50% | 0.58% | 28-Feb-18 | 0.08% |
| Guggenheim MSCI Emerging Markets Equal Country Weight ETF | EWEM | 0.70% | 0.71% | 28-Feb-18 | 0.01% |
| Guggenheim S&P 100 Equal Weight ETF | OEW | 0.40% | 0.41% | 28-Feb-18 | 0.01% |
| Guggenheim S&P 500 Equal Weight Real Estate ETF | EWRE | 0.40% | 0.41% | 28-Feb-18 | 0.01% |
| Horizons DAX Germany ETF | DAX | 0.20% | 0.45% | 28-Feb-18 | 0.25% |
| InfraCap MLP ETF | AMZA | 1.36% | 1.93% | 28-Feb-18 | 0.57% |
| Janus Velocity Tail Risk Hedged Large Cap ETF | TRSK | 0.70% | 0.71% | 28-Feb-18 | 0.01% |
| Janus Velocity Volatility Hedged Large Cap ETF | SPXH | 0.70% | 0.71% | 28-Feb-18 | 0.01% |
| PowerShares CEF Income Composite Portfolio | PCEF | 2.02% | 2.07% | 28-Feb-18 | 0.05% |
| PowerShares DWA Momentum & Low Volatility Rotation Portfolio | DWLV | 0.52% | 0.68% | 28-Feb-18 | 0.16% |
| PowerShares DWA Tactical Multi-Asset Income Portfolio | DWIN | 0.69% | 0.58% | 28-Feb-18 | -0.11% |
| Powershares FTSE RAFI Emerging Markets Portfolio | PXH | 0.49% | 0.50% | 28-Feb-18 | 0.01% |
| PowerShares Global Agriculture Portfolio | PAGG | 0.76% | 0.77% | 28-Feb-18 | 0.01% |
| PowerShares Growth Multi-Asset Allocation Portfolio | PSMG | 0.39% | 0.36% | 28-Feb-18 | -0.03% |
| PowerShares India Portfolio | PIN | 0.82% | 0.79% | 28-Feb-18 | -0.03% |
| PowerShares KBW High Dividend Yield Financial Portfolio | KBWD | 2.99% | 2.40% | 28-Feb-18 | -0.59% |
| PowerShares Preferred Portfolio | PGX | 0.50% | 0.51% | 28-Feb-18 | 0.01% |
| PowerShares S&P Emerging Markets Momentum Portfolio | EEMO | 0.29% | 0.31% | 28-Feb-18 | 0.02% |
| PowerShares S&P International Developed Quality Portfolio | IDHQ | 0.33% | 0.29% | 28-Feb-18 | -0.04% |
| United States Oil Fund LP | USO | 0.76% | 0.84% | 28-Feb-18 | 0.08% |
| Virtus Cumberland Municipal Bond ETF | CUMB | 0.59% | 0.62% | 28-Feb-18 | 0.03% |
| Virtus Newfleet Multi-Sector Bond ETF | NFLT | 0.82% | 0.80% | 28-Feb-18 | -0.02% |
| Amplify YieldShares CWP Dividend & Option Income ETF | DIVO | 0.95% | 0.96% | 1-Mar-18 | 0.01% |
| Amplify YieldShares Oil Hedged MLP Income ETF | AMLX | 0.85% | 0.90% | 1-Mar-18 | 0.05% |
| Amplify YieldShares Senior Loan and Income ETF | YESR | 2.15% | 2.30% | 1-Mar-18 | 0.15% |
| Davis Select U.S. Equity ETF | DUSA | 0.60% | 0.65% | 1-Mar-18 | 0.05% |
| First Trust Enhanced Short Maturity ETF | FTSM | 0.25% | 0.35% | 1-Mar-18 | 0.10% |
| First Trust Long/Short Equity ETF | FTLS | 1.41% | 1.48% | 1-Mar-18 | 0.07% |
| First Trust Low Duration Opportunities ETF | LMBS | 0.67% | 0.68% | 1-Mar-18 | 0.01% |
| First Trust Senior Loan Fund | FTSL | 0.86% | 0.88% | 1-Mar-18 | 0.02% |
| First Trust Strategic Income ETF | FDIV | 0.87% | 0.88% | 1-Mar-18 | 0.01% |
| First Trust Tactical High Yield ETF | HYLS | 1.11% | 1.10% | 1-Mar-18 | -0.01% |
| Global X FTSE Greece | GREK | 0.62% | 0.59% | 1-Mar-18 | -0.03% |
| Global X FTSE Nordic Region | GXF | 0.51% | 0.55% | 1-Mar-18 | 0.04% |
| Global X FTSE Portugal | PGAL | 0.61% | 0.58% | 1-Mar-18 | -0.03% |
| Global X JPMorgan U.S. Sector Rotator | SCTO | 0.84% | 0.83% | 1-Mar-18 | -0.01% |
| Global X Lithium & Battery Tech ETF | LIT | 0.76% | 0.75% | 1-Mar-18 | -0.01% |
| Global X MSCI Nigeria | NGE | 1.10% | 0.88% | 1-Mar-18 | -0.22% |
| Global X MSCI Pakistan | PAK | 0.91% | 0.87% | 1-Mar-18 | -0.04% |
| Global X Scientific Beta Japan | SCIJ | 0.38% | 0.39% | 1-Mar-18 | 0.01% |
| Global X SuperDividend Emerging Markets | SDEM | 0.65% | 0.66% | 1-Mar-18 | 0.01% |
| Global X Uranium ETF | URA | 0.70% | 0.69% | 1-Mar-18 | -0.01% |
| Global X YieldCo Index ETF | YLCO | 0.66% | 0.65% | 1-Mar-18 | -0.01% |
| iSectors Post-MPT Growth ETF | PMPT | 0.92% | 1.02% | 1-Mar-18 | 0.10% |
| iShares Interest Rate Hedged Corporate Bond ETF | LQDH | 0.25% | 0.24% | 1-Mar-18 | -0.01% |
| iShares J.P. Morgan USD Emerging Markets Bond ETF | EMB | 0.39% | 0.40% | 1-Mar-18 | 0.01% |
| iShares Yield Optimized Bond ETF | BYLD | 0.28% | 0.25% | 1-Mar-18 | -0.03% |
| Legg Mason Developed Ex-US Diversified Core ETF | DDBI | 0.41% | 0.40% | 1-Mar-18 | -0.01% |
| Legg Mason Emerging Markets Diversified Core ETF | EDBI | 0.51% | 0.50% | 1-Mar-18 | -0.01% |
| Legg Mason Emerging Markets Low Volatility High Dividend ETF | LVHE | 0.50% | 0.51% | 1-Mar-18 | 0.01% |
| Legg Mason International Low Volatility High Dividend ETF | LVHI | 0.41% | 0.40% | 1-Mar-18 | -0.01% |
| Portfolio+ S&P 500 ETF | PPLC | 0.42% | 0.49% | 1-Mar-18 | 0.07% |
| Portfolio+ S&P Small Cap ETF | PPSC | 0.30% | 0.37% | 1-Mar-18 | 0.07% |
Source: FactSet
Contact Heather Bell at [email protected]
