E*TRADE Joins Commission Free ETF Party

ETF Database

Better late than never. E*TRADE, the online brokerage that is perhaps best known for its commercials starring infant trading whizzes, has begun offering commission free trading on a lineup of exchange-traded funds. ETFs issued by Global X, WisdomTree, and db-X (Deutsche Bank) will be eligible for commission free trading on the E*Trade platform. That lineup includes about 90 ETFs covering a wide variety of asset classes, including currencies, international bond markets, dividend-weighted indexes, and commodity-producing equities. The most popular ETFs that are now available commission free on E*Trade include:

  • WisdomTree Emerging Markets Equity Income Fund (DEM)
  • WisdomTree Emerging Markets Local Debt Fund (ELD)
  • WisdomTree Dividend ex-Financials Fund (DTN)

Popular Global X tickers available on the E*Trade platform now include the Silver Miners ETF (SIL), Uranium ETF (URA), and Colombia ETF (GXG). The db-X lineup of ETFs includes a suite of currency-hedged products that strip out the impact of exchange rate fluctuations on international equity exposure.

The complete list of ETFs available commission free in E*TRADE accounts is available here; we’ve also compiled a more useful list below sorted by asset class (the free ETF Screener also includes the ability to filter by commission free availability):

Equity ETFs Available Commission Free On E*TRADE Name Ticker Issuer ETFdb Category
Aluminum ETF ALUM Global X Commodity Producers Equities
FTSE Andean 40 ETF AND Global X Latin America Equities
FTSE Argentina 20 ETF ARGT Global X Latin America Equities
FTSE ASEAN 40 ETF ASEA Global X Emerging Markets Equities
Australia Dividend Fund AUSE WisdomTree Asia Pacific Equities
Asia Pacific ex-Japan Fund AXJL WisdomTree Asia Pacific Equities
Farming ETF BARN Global X Commodity Producers Equities
Brazil Financials ETF BRAF Global X Financials Equities
Brazil Consumer ETF BRAQ Global X Consumer Staples Equities
Brazil Mid Cap ETF BRAZ Global X Latin America Equities
Commodity Country Equity Fund CCXE WisdomTree Global Equities
China Energy ETF CHIE Global X Energy Equities
China Industrials ETF CHII Global X Industrials Equities
China Materials ETF CHIM Global X Materials
China Consumer ETF CHIQ Global X Consumer Discretionary Equities
China Financials ETF CHIX Global X Financials Equities
Copper Miners ETF COPX Global X Commodity Producers Equities
MSCI Brazil Currency-Hedged Equity Fund DBBR DBX Strategic Advisors Latin America Equities
MSCI Canada Currency-Hedged Equity Fund DBCN DBX Strategic Advisors Foreign Large Cap Equities
MSCI EAFE Currency-Hedged Equity Fund DBEF DBX Strategic Advisors Foreign Large Cap Equities
MSCI Emerging Markets Currency-Hedged Equity Fund DBEM DBX Strategic Advisors Emerging Markets Equities
MSCI Japan Currency-Hedged Equity Fund DBJP DBX Strategic Advisors Japan Equities
Global ex-U.S. Utility Fund DBU WisdomTree Utilities Equities
Emerging Markets Equity Income Fund DEM WisdomTree Emerging Markets Equities
SmallCap Dividend Fund DES WisdomTree Small Cap Value Equities
Global Equity Income Fund DEW WisdomTree Global Equities
Europe SmallCap Dividend Fund DFE WisdomTree Europe Equities
Japan SmallCap Fund DFJ WisdomTree Japan Equities
Emerging Market SmallCap Fund DGS WisdomTree Emerging Markets Equities
High-Yielding Equity Fund DHS WisdomTree Large Cap Value Equities
International MidCap Dividend Fund DIM WisdomTree Foreign Small & Mid Cap Equities
LargeCap Dividend Fund DLN WisdomTree Large Cap Value Equities
International SmallCap Fund DLS WisdomTree Foreign Small & Mid Cap Equities
Global ex-U.S. Growth Fund DNL WisdomTree Global Equities
International LargeCap Dividend Fund DOL WisdomTree Foreign Large Cap Equities
MidCap Dividend Fund DON WisdomTree Mid Cap Value Equities
International Dividend ex-Financials Fund DOO WisdomTree Foreign Large Cap Equities
Total Dividend Fund DTD WisdomTree Large Cap Value Equities
DEFA High-Yielding Equity Fund DTH WisdomTree Foreign Large Cap Equities
Dividend ex-Financials Fund DTN WisdomTree Large Cap Value Equities
DEFA Fund DWM WisdomTree Foreign Large Cap Equities
Japan Hedged Equity Fund DXJ WisdomTree Japan Equities
Food ETF EATX Global X Consumer Staples Equities
SmallCap Earnings Fund EES WisdomTree Small Cap Value Equities
Russell Emerging Markets Growth ETF EMGX Global X Emerging Markets Equities
Russell Emerging Markets Value ETF EMVX Global X Emerging Markets Equities
India Earnings Fund EPI WisdomTree Emerging Markets Equities
Earnings 500 Fund EPS WisdomTree Large Cap Value Equities
Total Earnings Fund EXT WisdomTree Large Cap Value Equities
MidCap Earnings Fund EZM WisdomTree Mid Cap Value Equities
LargeCap Value Fund EZY WisdomTree Large Cap Value Equities
Fishing Industry ETF FISN Global X Consumer Staples Equities
Pure Gold Miners ETF GGGG Global X Commodity Producers Equities
Gold Explorers ETF GLDX Global X Commodity Producers Equities
Global Natural Resources Fund GNAT WisdomTree Commodity Producers Equities
FTSE Greece 20 ETF GREK Global X Europe Equities
Middle East Dividend ETF GULF WisdomTree Emerging Markets Equities
FTSE Nordic 30 ETF GXF Global X Europe Equities
InterBolsa FTSE Colombia 20 ETF GXG Global X Latin America Equities
International Hedged Equity Fund HEDJ WisdomTree Foreign Large Cap Equities
Lithium ETF LIT Global X Commodity Producers Equities
Mexico Small-Cap ETF MEXS Global X Latin America Equities
FTSE Norway 30 ETF NORW Global X Europe Equities
NASDAQ China Technology ETF QQQC Global X Technology Equities
NASDAQ 400 Mid Cap ETF QQQM Global X Mid Cap Blend Equities
NASDAQ 500 ETF QQQV Global X All Cap Equities
LargeCap Growth Fund ROI WisdomTree Large Cap Growth Equities
SuperDividend ETF SDIV Global X Global Equities
Silver Miners ETF SIL Global X Commodity Producers Equities
Social Media Index ETF SOCL Global X Technology Equities
Fertilizers/Potash ETF SOIL Global X Commodity Producers Equities
S&P/TSX Venture 30 Canada ETF TSXV Global X Commodity Producers Equities
Uranium ETF URA Global X Commodity Producers Equities
Auto ETF VROM Global X Consumer Discretionary Equities
Waste Management ETF WSTE Global X Industrials Equities
Oil Equities ETF XOIL Global X Energy Equities
Alternative ETFs Available Commission Free On E*TRADE Name Ticker Issuer ETFdb Category
Global Real Return Fund RRF WisdomTree Hedge Fund
Managed Futures Strategy Fund WDTI WisdomTree Hedge Fund
Bond ETFs Available Commission Free On E*TRADE Name Ticker Issuer ETFdb Category
Asia Local Debt Fund ALD WisdomTree Emerging Markets Bonds
Australia & New Zealand Debt Fund AUNZ WisdomTree International Government Bonds
Emerging Markets Local Debt Fund ELD WisdomTree Emerging Markets Bonds
Euro Debt Fund EU WisdomTree International Government Bonds
Currency ETFs Available Commission Free On E*TRADE Name Ticker Issuer ETFdb Category
Dreyfus Brazilian Real Fund BZF WisdomTree Currency
Dreyfus Commodity Currency Fund CCX WisdomTree Currency
Dreyfus Emerging Currency Fund CEW WisdomTree Currency
Dreyfus Chinese Yuan Fund CYB WisdomTree Currency
Dreyfus Indian Rupee Fund ICN WisdomTree Currency
Dreyfus Japanese Yen Fund JYF WisdomTree Currency
Dreyfus South African Rand Fund SZR WisdomTree Currency
Target Retirement Date ETFs Available Commission Free On E*TRADE Name Ticker Issuer ETFdb Category
db-X 2010 Target Date Fund TDD DBX Strategic Advisors Target Retirement Date
db-X 2020 Target Date Fund TDH DBX Strategic Advisors Target Retirement Date
db-X 2030 Target Date Fund TDN DBX Strategic Advisors Target Retirement Date
db-X 2040 Target Date Fund TDV DBX Strategic Advisors Target Retirement Date
db-X In-Target Date Fund TDX DBX Strategic Advisors Target Retirement Date
Preferred Stock ETFs Available Commission Free On E*TRADE Name Ticker Issuer ETFdb Category
Canada Preferred ETF CNPF Global X Preferred Stock/Convertible Bonds
Real Estate ETFs Available Commission Free On E*TRADE Name Ticker Issuer ETFdb Category
Global ex-US Real Estate Fund DRW WisdomTree Global Real Estate
Commission Free ETF Programs

E*Trade is hardly the first brokerage to offer commission free ETFs in an attempt to lure in the growing number of investors who rely primarily on the exchange-traded structure. Since Schwab offered commission free trading on its lineup of ETFs to mark its entry into the ETF industry, a number of other firms have debuted similar plans:

  • TD Ameritrade: The biggest commission free ETF platform includes more than 100 products from a number of different issuers and asset classes. Let by the ultra-popular VWO, IVV, and TIP, the ETFs included in the TD program have combined assets of more than $400 billion.
  • Charles Schwab: The low-cost ETF provider also gives investors who use Schwab accounts a break on commissions; all 14 Schwab ETFs are available free of fees here.
  • Fidelity: Through a partnership with iShares, 30 ETFs from the largest U.S. issuer can be traded without commissions in Fidelity accounts. The most popular include EFA and EEM.
  • Firstrade: This lesser-known broker offers commission-free access to ten popular ETFs: VWO, IVV, IJH, VIG, BSV, FXI, DBC, BIV, VBK, and BLV.
  • Interactive Brokers: This broker offers commission free trading on all ETFs offered by Global X (about 40 different ETFs) and FactorShares (five ETFs).
  • Scottrade: The 15 ETFs from FocusShares, which is owned by Scottrade, can be traded without commissions here.
  • Vanguard: All of Vanguard’s 60+ ETFs can be traded without commissions in Vanguard accounts.

Disclosure: No positions at time of writing.

Click here to read the original article on ETFdb.com.

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