Schwab's planned SCIN ETF will charge 0.06%, one basis point below Vanguard's BNDX
The fund is expected to list Oct. 21 and track a dollar-hedged ICE index of non-dollar investment-grade debt, according to ETF Trends.
At a glance
Schwab's planned international bond ETF, SCIN, carries a 0.06% expense ratio and is expected to list Oct. 21, one basis point below Vanguard's BNDX, according to ETF Trends.
SCIN's expected Oct. 21 date falls outside this window, so nothing in the week's record bears on how the fund will price or track once it trades.
Schwab's planned international bond ETF, SCIN, carries a 0.06% expense ratio and is expected to list Oct. 21, one basis point below Vanguard's BNDX, according to ETF Trends. That single basis point equals $100,000 a year on every $1 billion in assets. The fund will track a dollar-hedged ICE index of non-dollar investment-grade debt.
Listing records show 25 ETFs dated between Oct. 13 and Oct. 15, spread across eight trusts.
Twenty-five listings, two names
Tidal Trust V accounts for 10 of the 25 and Allspring Funds Trust for five. VanEck Funds, RBB Fund Trust, Global X Funds and Thrivent ETF Trust have two apiece; First Trust Exchange-Traded Fund VIII and Corgi ETF Trust I have one each.
Only two of the 25 ETFs carried fund names: Corgi MANGOS ETF (MN) and Global X Small Modular Reactor ETF (SMRZ), both dated Oct. 13. The rest of the record holds tickers, trusts and dates, without fee or strategy detail.
Filing and listing activity clustered at some trusts. Thrivent listed TLCE and TSIE on Oct. 15 and filed a 485BPOS the same day. Allspring listed its five ETFs on Oct. 14, having filed a 485BPOS that day and another on Oct. 13. Corgi ETF Trust I filed 485BPOS entries on Oct. 13, the day MN listed, and again on Oct. 14. The sequence is in the record, but which products the amendments cover is not.
Forty-five filing entries, one initial registration
The filing log shows 45 registration filing entries between Oct. 13 and Oct. 16: 22 on form 485APOS, 22 on 485BPOS and one N-1A. The N-1A came from Gator Capital Investment Trust on Oct. 16 and was the only initial registration in the stretch.
Repeat filers account for much of the count. GraniteShares ETF Trust supplied five of the 22 485APOS entries, three on Oct. 13 and two on Oct. 14. Tidal Trust V filed two 485BPOS entries on Oct. 16. ETF Opportunities Trust filed a 485APOS on Oct. 14 and both a 485APOS and a 485BPOS on Oct. 16. Tidal Trust I and Tidal Trust II also sit in the same three-day window, each with a single entry.
SCIN's expected Oct. 21 date falls outside this window, so nothing in the week's record bears on how the fund will price or track once it trades.
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