ETFs: The What and The Why
January 14, 2016 at 05:00 AM EST
Low Cost: The average ETF has a net expense ratio of 0.44% which equates to $44.40 in annual fees for a $10,000 investment3. Many of the large index ETFs have expense ratios that are even lower. SPY, for example, has a net expense ratio of 0.0945%, which equates to roughly $9.50 in annual fees for...