has one of the lowest expense ratios in the industry, at 0.03% annually. This fund does not use asset-weighting, but the Vanguard Consumer Staples ETF (VDC) does—and it has a much higher expense ratio: 0.10%.
Fund TypeTypical Expense RatioExampleNotes Passively Managed Index Funds/ETFs 0.02% - 0.25% Vanguard S&P 500 ETF (VOO): 0.03% Simply tracks market indices; minimal active management Actively Managed Funds 0.50% - 1.50%+ Fidelity Contrafund (FCNTX): 0.63% Employ portfolio managers who actively se...
For instance, Vanguard 500 Index Fund Admiral Shares has a ticker symbol of VFIAX. If you search for the symbol on Google, you should see a market summary at the top of the search results page. It will tell you the fund's expense ratio. 3. Find It in the Fund’s Prospectus This...
One such fund, the Vanguard 500 Index Fund (VFINX), has a current expense ratio of 0.18%. A $10,000 investment in VFINX on January 1, 1992 would have been worth $201,600 at the end of 2021, or 97% of the value of the pure index. On the other hand, take a hypothetical average...
Fund Size and Expense Ratio Funds with billions of dollars in assets under management can spread their costs more efficiently. Big-name brokerage firms like Vanguard and Fidelity have a wide selection of passively managed funds with low expense ratios. It's very possible to find many ETFs and ...
For example, Vanguard’s new Digital Advisor has just a 0.15% expense ratio. That works out to a fee of $4.50 per year on $3,000 invested. Typical Expense Ratios Expense ratios can vary quite a lot depending on a number of factors. However, the biggest determining factor is whether the...
Hope invested $9,000 in a mutual fund when the price per share was $30. The fund has a load fee of $300. How many shares did she purchase? Is it okay to invest in low-expense ratio index funds with brokerage firms lik...
The Fidelity 500 Index Fund (FXAIX),3the Vanguard Value Index Fund Admiral Shares (VVIAX) fund,4and Fidelity U.S. Bond Index Fund (FXNAX)5are among the lowest expense ratio mutual funds. Expense Ratios and Management Fees Expense ratios and management fees are part of an ongoing debate ...