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The 4 Different Costs Of ETF Ownership

FYI: ETFs have probably done more to improve investor outcomes than any innovation in financial services since the mutual fund. A big part of that is the cost equation. The average equity ETF, for instance, has an expense ratio of just 0.45%, vs 1.37% for the average equity mutual fund.

But headlines aren’t the whole picture. How should you think about your real, total costs of ownership. Ultimately, it breaks down into four components.
Regards,
Ted
http://www.etf.com/sections/blog/23864-the-4-different-costs-of-etf-ownership.html?tmpl=component&print=1&layout=default&page=
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