Last month the iShares
Core S&P 500 ETF
] (IVV) attracted more net inflows, $2 billion in all, than any other
ETF. Paul Baiocchi of IndexUniverse wonders
if this means that
chief Larry Fink
is winning the ETF fee war that he publicly dismissed
as a "stupid" myth.
You could argue that the large-cap ETF battleground is the single most important plot of land
in the industry, with more than $200 billion in assets currently up for grabs," the trade pub
writes. "This segment of the market is in many ways the stepping stone for ETF assets. Large-
cap equities are often the first allocation decision an advisor makes."
notes that IVV's fees didn't drop to seven basis points (from nine basis
points) until halfway through October and that Vanguard
's rival S&P 500 ETF
still costs only five basis points.
Neil Anderson, Managing Editor
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