ETF Transaction Costs Are Often Higher Than Investors Realize

James J. Angel; Todd J. Broms; Gary L. Gastineau

doi:10.3905/jpm.2016.42.3.065

Article

ETF Transaction Costs Are Often Higher Than Investors Realize

James J. Angel, Todd J. Broms and Gary L. Gastineau

The Journal of Portfolio Management Spring 2016, 42 (3) 65-75; DOI: https://doi.org/10.3905/jpm.2016.42.3.065

James J. Angel

is an associate professor in the McDonough School of Business at Georgetown University in Washington, DC.

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For correspondence: angelj@georgetown.edu

Todd J. Broms

is the chief executive officer of Broms Asset Management LLC in New York, NY.

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For correspondence: todd.broms@bromsam.com

Gary L. Gastineau

is the president of ETF Consultants.com, Inc. in Bonita Springs, FL.

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For correspondence: gary@etfconsultants.com

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ETF Transaction Costs Are Often Higher Than Investors Realize

James J. Angel, Todd J. Broms, Gary L. Gastineau

The Journal of Portfolio Management Apr 2016, 42 (3) 65-75; DOI: 10.3905/jpm.2016.42.3.065

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ETF Transaction Costs Are Often Higher Than Investors Realize

James J. Angel, Todd J. Broms, Gary L. Gastineau

The Journal of Portfolio Management Apr 2016, 42 (3) 65-75; DOI: 10.3905/jpm.2016.42.3.065

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