No. of Recommendations: 2
So to recoup that $8 trade fee, you need to be trading $80,000+ (to cover buying and selling) and holding for a year (assuming the stated fee is charged per year and not per month).

I guess I'm missing something WRT the trade fee of $7.95:


"What is the offer?

Fidelity has teamed up with iShares®/BlackRock®, the leading ETF provider, to offer 65 commission-free iShares ETFs with broad and diverse asset classes. This commission-free ETF trade offer more than doubles our current commission-free lineup of iShares ETFs. In addition, we will continue to offer the ability to trade Fidelity's own ETF, the Fidelity® Nasdaq Composite Index® Tracking Stock Fund (ONEQ), commission-free. We encourage you to use Fidelity's broad research and guidance capabilities when deciding which ETFs might be best for your investment portfolio."

"Is there a short-term trading fee?

Yes, if you sell a commission-free ETF within 30 days of purchase, you will be charged a short-term trading fee equal to a regular trade ($7.95). Even if you are charged this short-term trading fee, because you paid no commission on the buy, you end up being charged less than a regular round-trip trade ($15.90). However, we are offering a promotional period, between 03/13/2013 and 07/31/2013, where no short-term trading fees will be charged."

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