Fidelity Increases Number of Commission-Free ETFs It Offers to 31

Includes: ACWX, DVY, HYG, IDV, IYR
by: Ron Rowland

Consumers everywhere agree – price wars are the best wars on the planet. The ETF trading commission price war makes ETF investors happy and their wallets a little thicker. Fidelity today (2/16/11) announced the addition of five more iShares ETFs to its $0 commission lineup. This brings the total quantity of commission-free ETFs for Fidelity’s online customers to 31, consisting of Fidelity’s own Nasdaq Composite Tracking Stock (NASDAQ:ONEQ) and 30 iShares products.

The complete list of iShares with free online trading at Fidelity now includes these ETFs:

  • iShares iBoxx Yield Corporate Bond (NYSEARCA:HYG)
  • iShares Dow Jones Select Dividend (NYSEARCA:DVY)
  • iShares Dow Jones EPAC Select Dividend (NYSEARCA:IDV)
  • iShares Dow Jones Real Estate (NYSEARCA:IYR)

Sixteen months ago, the first salvo in this war was yet to be fired. Today four major players have a lot at stake. The history is brief but eventful:

Disclosure covering writer, editor, and publisher: No positions in any of the securities mentioned. No positions in any of the companies or ETF sponsors mentioned. No income, revenue, or other compensation (either directly or indirectly) received from, or on behalf of, any of the companies or ETF sponsors mentioned. Our affiliate, Capital Cities Asset Management, uses Fidelity Brokerage Services and Ameritrade Institutional as custodians and brokerage for client accounts.