Home > News > TheStreet.Com Ratings: Beware High-Fee ETFs
January 9th, 2007
TheStreet.Com Ratings: Beware High-Fee ETFs
Abstract:
Because the high-expense ETFs on the top list generally have lower market capitalizations, their expenses are spread over smaller bases and tend to be relatively high. Investors who wish to participate in areas such as nanotech and micro-cap should be aware that they are handing over expense payments as much as 10 times higher than other ETFs.
The average expense ratio of the funds in the lower list stands at 0.10% compared with 0.73% for the high-margin group at the top. It's worth noting that even the ETFs with the highest fees are still significantly less expensive than the average mutual fund.
Source:
thestreet.com
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