Nearly 20 ETFs saw expense ratio changes on Monday. Most of them went up or down by 1 or 2 basis points, but there were a few notable changes.
The funds with the largest changes to their expense ratios saw then go up, a fairly uncommon occurrence while the market is in a stage of fee compression. The largest was an 82 basis point increase for the Anfield Capital Diversified Alternatives ETF (DALT) to 3.23%. DALT is an actively managed ETF of ETFs covering multiple asset classes.
Meanwhile, two VanEck funds also saw increases to their expense ratio.
The funds that lowered their expense ratios saw less dramatic changes than the funds whose expense ratios increased. The Cambria Trinity ETF (TRTY) saw its expense ratio slashed to 0.48%, and the Cambria Global Momentum ETF (GMOM) saw its expense ratio lowered to 0.94%.
Aptus and John Hancock also appeared on the list.
Contact Heather Bell at [email protected]
