Scientific Beta

Barron's: "Global X is the latest to lower the fee bar this way. The company announced in a recent filing that it dropped the fee on its $12 million Scientific Beta US ETF (SCIU) to 0.19% a year, down from 0.35%."

Barron's 01/03/2016

"(...) The years-long fee war gripping the market for plain-vanilla exchange-traded funds has quickly spawned another front — “smart beta.” (...) Global X is the latest to lower the fee bar this way. The company announced in a recent filing that it dropped the fee on its $12 million Scientific Beta US ETF (SCIU) to 0.19% a year, down from 0.35%. That brings it well below average for large-cap “strategic beta” ETFs, which Morningstar late last year calculated at 0.39%. (...)"