Charles Schwab Releases Tool to Find ETFs

Charles Schwab unveiled a new tool that will help investors narrow their choices in selecting exchange-traded funds (ETFs) for their portfolios. The solution, dubbed Schwab ETF Select List, goes through an aggregated list of funds to develop a short-list of "pre-screened, low-cost funds" that will help investors to diversify their portfolios.

ETF Select List picks through quantitative and qualitative variables such as total annualized cost of ownership, risk, fund structure, narrowness of the

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