ETF Expense Ratios: The Race to Zero

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By Kostya Etus, CFA, CLS Investments “Nothing? Who do you think you’re dealing with? Nothing costs nothing.” — Terry Benedict, Ocean’s Twelve (2004) One of the biggest advantages of exchange traded funds (ETFs) over mutual funds (MFs) is lower expense ratios. Since ETFs are primarily index-based, and many have similar exposures, one of the most common [...]

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