For example, VTSAX has a 0.04% expense ratio. In this case, the fees you pay are your portfolio balance * 0.04%. So, if you have $50,000 invested in VTSAX, your fees for the year are $50,000 * 0.0004 = $20. How These Fees Are Charged Expense ratios are charged as a percentage...
expense ratioThe expense ratio price of U.S. equity market exposure is close to zero with funds such as the Vanguard Total Stock Market Index (ticker: VTSAX), which charges an expense ratio of just 5 bps. An interesting, and more difficult, question to answer is, How much are mutual ...
The actual equivalent of VTI is Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) if account size is > US$10,000. Now you may ask why VTI is 0.03% while VTSAX 0.04%. That is because Vanguard of VTSAX provides service, while the service of VTI is provided by your broker. ...