On March 13, 2013, Fidelity Investments and BlackRock, Inc. (BLK) announced changes to their long-term strategic alliance. This includes expanding the quantity of no-commission iShares ETFs from 30 to 65, achieved by adding 45 ETFs to the list and removing 10. Fidelity’s lone ETF offering, Fidelity Nasdaq Composite Index Tracking Stock Fund (ONEQ), remains part of the list, raising the total count to 66 no-commission ETFs available to users of Fidelity’s online trading platforms.

Key points of the strategic alliance include:

  • 45 iShares ETFs added to the no-commission lineup effective March 13.
  • All 10 iShares Core ETFs are now commission-free at Fidelity.
  • 10 iShares ETFs will be removed from the commission-free program effective April 30 (see list below).
  • Effective July 31, any eligible iShares ETFs purchased commission-free must be held for a minimum of 30 calendar days (60 days for RIAs) or a short-term trading fee of $7.95 will apply.
  • Fidelity intends to deploy passive sector capabilities as part of its expanding sector-based strategy and will be working with BlackRock in that effort.
  • The alliance extends to customers of registered investment advisors (RIAs), such as our affiliate Capital Cities Asset Management.
  • Fidelity will expand its own managed account offerings by making available to customers new ETF managed portfolios using iShares as components within Portfolio Advisory Services.
  • Fidelity will continue to develop its active and smart beta investment management capabilities, utilizing the expanded ETF alliance.

The 66 ETFs available commission-free at Fidelity:

  1. Fidelity Nasdaq Composite Index Tracking Stock Fund (ONEQ)
  2. iShares Barclays 0-5 Year TIPS Bond (STIP)
  3. iShares Barclays 1-3 Year Treasury Bond (SHY)
  4. iShares Barclays 20+ Year Treasury Bond (TLT)
  5. iShares Barclays 7-10 Year Treasury (IEF)
  6. iShares Barclays Agency Bond (AGZ)
  7. iShares Barclays GNMA Bond (GNMA)
  8. iShares Barclays Intermediate Government Credit Bond (GVI)
  9. iShares Barclays MBS Bond (MBB)
  10. iShares Barclays TIPS Bond (TIP)
  11. iShares Barclays U.S. Treasury Bond (GOVT)
  12. iShares Core Long-Term U.S. Bond (ILTB)
  13. iShares Core MSCI EAFE (IEFA)
  14. iShares Core MSCI Emerging Markets (IEMG)
  15. iShares Core MSCI Total International Stock ETF (IXUS)
  16. iShares Core S&P 500 (IVV)
  17. iShares Core S&P Mid-Cap (IJH)
  18. iShares Core S&P Small-Cap (IJR)
  19. iShares Core S&P Total U.S. Stock Market (ITOT)
  20. iShares Core Short-Term U.S. Bond (ISTB)
  21. iShares Core Total U.S. Bond Market (AGG)
  22. iShares Dow Jones International Select Dividend Index (IDV)
  23. iShares Dow Jones Select Dividend Index (DVY)
  24. iShares Dow Jones U.S. Real Estate Index  (IYR)
  25. iShares Emerging Markets Dividend (DVYE)
  26. iShares Emerging Markets Local Currency Bond (LEMB)
  27. iShares Floating Rate Note (FLOT)
  28. iShares FTSE EPRA/NAREIT Global Real Estate ex U.S. (IFGL)
  29. iShares iBoxx $ High Yield Corporate Bond (HYG)
  30. iShares iBoxx $ Investment Grade Corporate Bond (LQD)
  31. iShares International Inflation-Linked Bond Fund (ITIP)
  32. iShares JPMorgan USD Emerging Markets Bond (EMB)
  33. iShares MSCI ACWI Index (ACWI)
  34. iShares MSCI All Country Asia ex Japan Index (AAXJ)
  35. iShares MSCI BRIC Index (BKF)
  36. iShares MSCI China Index (MCHI)
  37. iShares MSCI EAFE Minimum Volatility (EFAV)
  38. iShares MSCI EAFE Small-Cap Index (SCZ)
  39. iShares MSCI Emerging Market Minimum Volatility Index (EEMV)
  40. iShares MSCI Emerging Markets EMEA (EEME)
  41. iShares MSCI Emerging Markets Small-Cap (EEMS)
  42. iShares MSCI Frontier 100 Index (FM)
  43. iShares MSCI Global Agriculture Producers (VEGI)
  44. iShares MSCI Global Gold Miners (RING)
  45. iShares MSCI Global Metals & Mining Producers (PICK)
  46. iShares MSCI Global Silver Miners (SLVP)
  47. iShares MSCI Japan Index (EWJ)
  48. iShares MSCI USA Minimum Volatility (USMV)
  49. iShares Russell Micro-Cap Index (IWC)
  50. iShares S&P 100 Index (OEF)
  51. iShares S&P 500 Growth Index (IVW)
  52. iShares S&P 500 Value Index (IVE)
  53. iShares S&P CA AMT-Free Municipal Bond (CMF)
  54. iShares S&P Europe 350 Index (IEV)
  55. iShares S&P India Nifty 50 Index (INDY)
  56. iShares S&P Latin America 40 Index (ILF)
  57. iShares S&P Mid-Cap 400 Growth Index (IJK)
  58. iShares S&P Mid-Cap 400 Value Index (IJJ)
  59. iShares S&P National AMT-Free Municipal Bond (MUB)
  60. iShares S&P NY AMT-Free Municipal Bond (NYF)
  61. iShares S&P S/T National AMT-Free Muni Bond (SUB)
  62. iShares S&P Small-Cap 600 Growth (IJT)
  63. iShares S&P Small-Cap 600 Value Index (IJS)
  64. iShares S&P U.S. Preferred Stock Index (PFF)
  65. iShares S&P/Citi 1-3 Year International Treasury Bond (ISHG)
  66. iShares S&P/Citi International Treasury Bond (IGOV)

The 10 ETFs being removed from the commission-free program effective April 30:

  1. iShares MSCI ACWI ex-U.S. (ACWX)
  2. iShares MSCI EAFE (EFA)
  3. iShares MSCI Emerging Markets (EEM)
  4. iShares Russell 1000 (IWB)
  5. iShares Russell 1000 Growth (IWF)
  6. iShares Russell 1000 Value (IWD)
  7. iShares Russell 2000 (IWM)
  8. iShares Russell 2000 Growth (IWO)
  9. iShares Russell 2000 Value (IWN)
  10. iShares Russell 3000 (IWV)

Links to previous Fidelity/iShares articles:

  • Psst – iShares for Sale; Ned, You Listening? (3/17/09)
  • The 26 Commission-Free ETFs at Fidelity (2/2/10)
  • Fidelity Increases Commission-Free ETFs to 31 (2/16/11)