Various ETF providers updated expense ratios on ETFs as part of annual review.
A total of 28 ETFs from various providers have seen their expense ratios change—more than half of them now cost more than they did before.
A recent sweep by IndexUniverse of various ETF-provider-submitted filings showed that 17 ETFs have seen their expense ratios rise anywhere from 1 to 51 percent in the past fiscal year, while 11 of them now show lower fees than they did a year ago.
The biggest increase this time around was linked to the PowerShares S&P SmallCap Financials Portfolio (NYSEArca: PSCF), which saw its expense ratio rise 51 percent to 0.44 percent, or $44 per $10,000 invested. The fund has seen net outflows of more than $7.7 million in the past 12 months, according to data compiled by IndexUniverse.
On the flip side, the biggest fee drop was in the PowerShares S&P SmallCap Materials Portfolio (NYSEArca: PSCM), which now costs 6.4 percent less than it did before at 0.29 percent, or $29 per $10,000 invested.
|Ticker||Fund Name||Old ER||New ER||Difference||% Change|
|PCEF||PowerShares CEF Income Composite||1.56||1.73||0.17||11%|
|KBWD||PowerShares KBW High Dividend Yield Financial||1.32||1.48||0.16||12%|
|PSCF||PowerShares S&P SmallCap Financials||0.29||0.44||0.15||51%|
|GMTB||Columbia Core Bond||0.48||0.57||0.09||18%|
|RFV||Guggenheim S&P MidCap 400 Pure Value||0.36||0.4||0.04||11%|
|GMMB||Columbia Intermediate Municipal Bond||0.49||0.52||0.03||6%|
|RZV||Guggenheim S&P SmallCap 600 Pure Value||0.36||0.38||0.02||5.50%|
|EWMD||Guggenheim S&P MidCap 400 Equal Weight||0.41||0.43||0.02||4.80%|
|TDN||db X-trackers 2030 Target Date||0.65||0.67||0.02||3%|
|TDV||db X-trackers 2040 Target Date||0.65||0.67||0.02||3%|
|GXG||Global X FTSE Colombia 20||0.78||0.79||0.01||1%|
|DWAS||PowerShares DWA SmallCap Technical Leaders||0.6||0.61||0.01||1.60%|
|EWSM||Guggenheim S&P SmallCap 600 Equal Weight||0.42||0.43||0.01||2.40%|
|TDD||db X-trackers 2010 Target Date||0.65||0.66||0.01||1.50%|
|TDH||db X-trackers 2020 Target Date||0.65||0.66||0.01||1.50%|
|TDX||db X-trackers In-Target Date||0.65||0.66||0.01||1.50%|
|KBWY||PowerShares KBW Premium Yield Equity REIT||0.36||0.35||-0.01||-2.70%|
|EWRS||Guggenheim Russell 2000 Equal Weight||0.44||0.43||-0.01||-2.20%|
|EWEM||Guggenheim MSCI Emerging Markets Equal Weight||0.71||0.7||-0.01||-1.40%|
|DSUM||PowerShares Chinese Yuan Dim Sum Bond||0.46||0.45||-0.01||-2%|
|PSCM||PowerShares S&P SmallCap Materials||0.31||0.29||-0.02||-6.40%|
|KBWP||PowerShares KBW Property & Casualty Insurance||0.37||0.35||-0.02||-5.40%|
|RWG||Columbia Select Large Cap Growth||0.89||0.86||-0.03||-3.30%|
|GVT||Columbia Select Large Cap Value||0.83||0.79||-0.04||-4.80%|
|GREK||Global X FTSE Greece 20||0.69||0.65||-0.04||-5.80%|
|RPX||Columbia Growth Equity Strategy||0.9||0.86||-0.04||-4.40%|
|BKLN||PowerShares Senior Loan Portfolio||0.76||0.66||-0.1||-13%|