Last month the
iShares
Core S&P 500 ETF [
profile] (IVV) attracted more net inflows, $2 billion in all, than any other
ETF. Paul Baiocchi of
IndexUniverse wonders if this means that
BlackRock chief
Larry Fink is winning the ETF fee war that he publicly
dismissed as a "stupid" myth.
You could argue that the large-cap ETF battleground is the single most important plot of land
in the industry, with more than $200 billion in assets currently up for grabs," the trade pub
writes. "This segment of the market is in many ways the stepping stone for ETF assets. Large-
cap equities are often the first allocation decision an advisor makes."
IndexUniverse notes that IVV's fees didn't drop to seven basis points (from nine basis
points) until halfway through October and that
Vanguard's rival
S&P 500 ETF (VOO)
still costs only five basis points. 
Edited by:
Neil Anderson, Managing Editor
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