Expense ratios are the annual fees charged by mutual funds or ETFs. Even a small difference can have a big impact on your investment over time. Use this calculator to see how fees affect your future balance.
Expense ratios represent the annual fees that mutual funds and ETFs charge their investors. Even fractions of a percent can add up over decades, reducing the power of compounding in your portfolio.
You can find a fund’s expense ratio by looking at the fund details in your brokerage account or on the fund’s website. To estimate your portfolio’s overall cost, multiply each holding’s expense ratio by its share of your total investments and add the results together.
Be wary of high‑fee mutual funds and hidden 12b‑1 marketing fees. Always compare similar funds and remember that higher fees don’t guarantee better performance.
ETFs typically offer lower expense ratios than actively managed mutual funds. When possible, choose low‑fee index funds or ETFs to keep more of your money working for you.
Empower is a free personal finance dashboard where you can track net worth, see all your investments in one place, and get alerts if your expense ratios are too high.
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