Charles Schwab has launched the Schwab U.S. Mid-Cap ETF and Schwab U.S. REIT ETF, bringing Schwab’s total fixed income and equity ETF offerings to a total of 13.
The REIT fund tracks the U.S. Select REIT Index and the mid-cap fund tracks the Dow Jones U.S. Mid-Cap Total Stock Market Index.
“Individual investors, traders and advisers continue to demand ETFs at a low cost that can function as building blocks in their portfolios,” said Tamara Bohlig, vice president of product management at Schwab. “Our newest ETFs are part of Schwab’s ongoing commitment to offering broad exposure to broad market segments at a compelling value.