Schwab ETF OneSource™ Bolsters Lineup of Currency-Hedged ETFs Available at $0 Commissions

Thursday, October 1, 2015 5:00 am PDT



Public Company Information:

"At a time when there’s high demand for currency-hedged ETFs, we’re pleased to provide investors and advisors with more choices, without commissions, in the category"

SAN FRANCISCO--(BUSINESS WIRE)--Schwab announced today it is adding five new ETFs to Schwab ETF OneSource™, the program that offers investors and advisors the most commission-free* ETFs anywhere in the industry. All five of the new additions are currency-hedged ETFs, and come at a time when monetary policy and currency fluctuations around the world are garnering substantial attention and assets in the category are growing at a rapid pace.

Schwab ETF OneSource offers commission-free ETFs from 14 leading providers – ALPS, Direxion, ETF Securities, Global X Funds, Guggenheim Investments, IndexIQ, J.P. Morgan Asset Management, PIMCO, PowerShares, ProShares, State Street SPDR® ETFs, United States Commodity Funds, WisdomTree and Charles Schwab Investment Management.

In the latest expansion of the program, IndexIQ is adding three currency-hedged ETFs – one European stock fund, one Japanese stock fund, and one foreign large-blend fund. ProShares is adding two currency-hedged ETFs – one European stock fund and one Japanese stock fund. All five ETFs are available to Schwab clients with $0 online trade commissions beginning today.

The new funds added to Schwab ETF OneSource are:


ETF Name




Morningstar Category

IQ 50 Percent Hedged FTSE Europe ETF HFXE Europe Stock
IQ 50 Percent Hedged FTSE Intl ETF HFXI Foreign Large Blend
IQ 50 Percent Hedged FTSE Japan ETF HFXJ Japan Stock
ProShares Hedged FTSE Europe ETF HGEU Europe Stock
ProShares Hedged FTSE Japan ETF       HGJP       Japan Stock

“Schwab ETF OneSource is continuing to grow both in size and relevance,” said Heather Fischer, Vice President of ETF Platform Management at Schwab. “At a time when there’s high demand for currency-hedged ETFs, we’re pleased to provide investors and advisors with more choices, without commissions, in the category,” she said.

With this latest expansion of Schwab ETF OneSource, investors can now buy and sell 214 ETFs covering 66 Morningstar Categories with $0 online commissions, no enrollment requirements and no early redemption fees – key differentiators for investors comparing Schwab ETF OneSource to other commission-free ETF offerings.

As of August 31, 2015, Schwab ETF OneSource has $44.2 billion in assets under management and year-to-date flows into ETFs in the program are $8.1 billion, representing 39% percent of the total ETF flows at Schwab.

A complete list of Schwab ETF OneSource ETFs is available here.

About Schwab ETF OneSource

Schwab ETF OneSource offers investors and advisors access to the most commission-free ETFs anywhere in the industry. Commission-free online trading is available to individual investors at Schwab, to approximately 7,000 independent investment advisors who use Schwab’s custodial services and through Schwab retirement accounts that permit trading of ETFs.

Schwab offers a range of resources to help clients choose ETFs that fit their investment needs, including the Schwab ETF Select List™, tutorials, education, research and tools available via Schwab’s online ETF center and live events at local Schwab branches.

About Charles Schwab

At Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients’ goals with passion and integrity.

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Investors should consider carefully information contained in the prospectus, including investment objectives, risks, charges, and expenses. You can obtain a prospectus by visiting or calling 800-435-4000. Please read the prospectus carefully before investing.

Charles Schwab & Co., Inc. receives remuneration from third-party ETF companies participating in Schwab ETF OneSource for recordkeeping, shareholder services, and other administrative services, including program development and maintenance.

Investment returns will fluctuate and are subject to market volatility, so that an investor’s shares, when redeemed or sold, may be worth more or less than their original cost. Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF. Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV).

Diversification strategies do not ensure a profit and do not protect against losses in declining markets.

Foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. The Funds focus their investments in specific geographic areas, thereby increasing the impact of events and developments that can adversely affect performance. Investments in currency involve additional special risks, such as credit risk, interest rate fluctuations, derivative investment risk which can be volatile and may be less liquid than other securities and the effect of varied economic conditions.

Schwab ETFs are distributed by SEI Investments Distribution Co. (SIDCO). SIDCO is not affiliated with The Charles Schwab Corporation or any of its affiliates. Learn more at ETFs.

“ETF Securities” is a registered trademark of ETF Securities Limited. Global X Funds is a registered trademark of Global X Management Company LLC. IndexIQ® is a registered trademark of IndexIQ. PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC (Invesco PowerShares). Invesco PowerShares and Invesco Distributors, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd. ProShares® is a registered trademark of ProShare Advisors LLC. "SPDR" is a registered trademark of Standard & Poor's Financial Services LLC ("S&P") and has been licensed for use by State Street Corporation. No financial product offered by State Street Corporation or its affiliates is sponsored, endorsed, sold or promoted by S&P or its affiliates, and S&P and its affiliates make no representation, warranty or condition regarding the advisability of buying, selling or holding units/shares in such products. USCF® and the United States Commodity Funds® are registered trademarks of United States Commodity Funds LLC. All rights reserved. WisdomTree Investments, Inc., through its subsidiaries in the U.S. and Europe (collectively, “WisdomTree”), is an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager headquartered in New York.

Charles Schwab Investment Management, Inc. is the investment advisor for Schwab ETFs and an affiliate of the Charles Schwab Corporation.

Through its operating subsidiaries, The Charles Schwab Corporation (NYSE:SCHW) provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (“Schwab” member SIPC,, and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; compliance and trade monitoring solutions; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at and

© 2015 Charles Schwab & Co., Inc. Member SIPC.


*Conditions Apply: Trades in ETFs available through Schwab ETF OneSource™ (including Schwab ETFs™) are available without commissions when placed online in a Schwab account. Service charges apply for trade orders placed through a broker ($25) or by automated phone ($5). An exchange processing fee applies to sell transactions. Certain types of Schwab ETF OneSource transactions are not eligible for the commission waiver, such as short sells and buys to cover (not including Schwab ETFs). Schwab reserves the right to change the ETFs we make available without commissions. All ETFs are subject to management fees and expenses. Please see Charles Schwab Pricing Guide for additional information.


Charles Schwab & Co., Inc.
Erin Montgomery, 212-403-9271

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