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Expense Ratio

What is Expense Ratio?

The expense ratio is the annual fee a fund charges, shown as a percentage of the money you have invested in it.

Why it matters

Fees come out of your returns every year, so over decades a low expense ratio can be worth tens of thousands of dollars. It is one of the few things investors control.

Read the guide
What Is an Expense Ratio? Fund Fees You Can Control

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General education, not investment, tax or legal advice. Read our disclosures.

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