Reported 1 day ago
Single-stock ETFs, highly popular on Wall Street this year, are seeing the start of a fee war as issuers attempt to attract new investments with lower charges. Leverage Shares has launched two funds focused on Nvidia and Tesla, boasting a 0.75% fee—the lowest among similar funds. With a surge of new single-stock ETF launches in 2024, competition is heating up in this growth area, previously characterized by higher fees due to their complexity.
Source: YAHOO