Fee War Kicks Off for One of Wall Street’s Hottest ETF Trades
Published On Dec 13, 2024, 2:11 PM
A new fee war has begun in the single-stock ETF market, sparked by the launch of two competitive funds focused on Nvidia and Tesla. Leverage Shares has introduced these funds at a fee of 0.75%, the lowest among more than 90 similar funds, aimed at attracting investors in a space that has seen record inflows this year. This move is designed to stand out in an already crowded market, with similar products facing competition from established players that typically charge higher fees.