State Street Global Advisors has lowered the average expense ratio on its 9 S&P 500 sector ETFs from 0.23% to 0.21%.
The new expense ratio went into effect on January 31, 2009 and continues a trend of lower expenses for ETF investors as assets grow. When the Select Sector SPDR funds were launched 10 years ago, the expense ratio was 0.65%.
ETFs with the new, lower expense ratio include:
See the Sector ETF Directory for a complete listing.