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トレーディング用語集

Expense Ratio

Basics

どういう意味か

The annual fee an ETF or mutual fund charges to manage your money, expressed as a percentage of your total investment. Higher expense ratios reduce your net returns over time.

An expense ratio of 0.10% means you pay $10 per year for every $10,000 you have invested in the fund. An ETF with 0.50% expense ratio costs 5x more.

初心者がよくやるミス

Beginners ignore expense ratios because "0.5% is small." Over 30 years, a 0.5% higher expense ratio can cost you tens of thousands of dollars in lost compounding returns. Always compare expense ratios when choosing between similar ETFs.

関連用語

  • ETF — Exchange-Traded Fund: A type of investment fund that trades on a stock exchange, just like…
  • Index Fund — A type of investment fund (ETF or mutual fund) designed to replicate the performance of a …
  • Assets Under Management — The total market value of all the assets that an investment fund (like an ETF or mutual fu…

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