How cheap-clone ETFs are sucking billions away from bigger siblings | Economic Times

How cheap-clone ETFs are sucking billions away from bigger siblings https://ift.tt/AZFUhiR proximate cause: SPY charges a comparatively beefy 10 basis points versus just 3 for its younger clone known as the $15 billion SPDR Portfolio S&P 500 exchange-traded fund (SPLG).A similar dynamic has also hit big-name ETFs investing in everything from Big Tech stocks and high-yield credit