Expense ratio
Also written net expense ratio.
Expense ratio: annual fund costs as a share of assets, net of any fee waiver.
Definition
A fund's annual operating cost as a percentage of its assets, taken from returns automatically. Lower is better, other things equal.
On a live record
SPYI (Neos S&P 500(R) High Income ETF) charges 0.68% a year, taken out of the fund before any distribution is paid. Open the SPYI record.
Written from the public record at the last refresh. Prices are 15 minutes delayed.
Definitions describe how YieldDesk reads the term. Nothing on this page is investment advice or a recommendation to buy, sell or hold.