These 26 funds are the lowest in cost for positions held three months.
Funds holding foreign securities haven’t done terribly well in recent years, but if you want to bet on a reversal of fortune, the exchange-traded funds in this table are the cheap way to do it. You can hold a $10,000 position in any of them for three months at a cost of $10 or less. The best operators get your cost down to $2.
Costs reflect bid/ask spreads, expense ratios charged by the fund vendor and any offsets to those expenses from securities lending revenue.
|3-month Holding Cost*|
|VEA||Vanguard FTSE Developed Markets||$2.05||A|
|IEFA||iShares Core MSCI EAFE||2.46||A+|
|VSS||Vanguard FTSE All-Wld ex-US SmCp||2.51||B|
|VEU||Vanguard FTSE All-Wld ex-US||3.40||A|
|SPDW||SPDR Portfolio World ex-US||3.68||A|
|SCHF||Schwab International Equity||3.96||A|
|VT||Vanguard Total World Stock||4.04||A|
|IXUS||iShares Core MSCI Total Intl Stk||4.60||A|
|VXUS||Vanguard Total International Stock||5.40||A|
|SCZ||iShares MSCI EAFE Small-Cap||5.85||A|
|EFAV||iShares Edge MSCI Min Vol EAFE||7.62||A|
|ACWI||iShares MSCI ACWI||8.94||A+|
|SCHC||Schwab International Small-Cap Eq||8.95||B|
|IDEV||iShares Core MSCI Intl Dev Mkts||8.96||B|
|EFA||iShares MSCI EAFE||9.17||A+|
|VGK||Vanguard FTSE Europe||2.00||A+|
|VPL||Vanguard FTSE Pacific||3.89||A|
|IEUR||iShares Core MSCI Europe||5.16||A|
|FEZ||SPDR EURO Stoxx 50||8.48||A|
|IEMG||iShares Core MSCI Emerging Markets||1.92||A+|
|VWO||Vanguard FTSE Emerging Markets||4.62||A|
|SCHE||Schwab Emerging Markets Equity||6.76||A|
|SPEM||SPDR Portfolio Emerging Markets||9.20||B|
|BNDX||Vanguard Total International Bond||4.64||A|
|VNQI||Vanguard Global ex-US Real Est||5.95||A|
|THD||iShares MSCI Thailand Capped||8.81||A|
*Cost of a $10,000 position held for three months. Reflects bid/ask spread, expense ratio and cost offset from securities lending.
Data sources: Morningstar, Bloomberg, fund distributors
Over longer holding periods, different ETFs rise to the top in cost efficiency. To see rankings for ten-year investments, see Best ETFs for Investors 2018.
For links to the three-month scores in different categories, see Best ETFs for Trading.
Originally published at Forbes