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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
Expense Ratios and Fund Fees: The Cost You Can Control

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