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#3
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| Thanks, everyone, for the responses. Tad Borek <borekfm[at]pacbell.net> writes: .... - quote - > You should check out the web site for Barclay's iShares, which has all
I've noticed that I tend to invest lump sums through online discount> sorts of info about their ETFs, including IWM: www.ishares.com > Sites with combined data for ETFs have the info as well: > www.etfzone.com > www.etfconnect.com > www.amex.com > These sites provide a lot more info than just expense ratio. You'll > find that for the biggest ETFs that track the most widely followed > indices, the expense ratios are low (and typically very close, when > there are several ETFs available). If you're comparing ETFs to > traditional mutual funds be sure to consider the costs of trading, > which can more than make up any expense difference between, say, a > R2000 ETF and a no-load Small-cap index fund. ETFs are best suited to > larger trade sizes and of course discount brokers or other low-cost > ways of trading. brokers, so that probably isn't a problem for me. - quote - > Keep an eye as well on how well the ETF has actually followed the
Thanks. One more thing to look at.> index, the "tracking error." A few hundredths of a percentage point in > expenses aren't as important as missing the index return by 0.5%. This > isn't much of a factor with an index like the Russell 2000 but some of > the ETFs tracking narrower sectors have tracking errors worth > considering. -- --Ed L Cashin PGP public key: http://noserose.net/e/pgp/ |
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#2
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| Ed L Cashin wrote: - quote - > Hi. I've recently become interested in Exchange-Traded Funds. I
Ed,> notice that one of the things I should pay attention to as an investor > is the fee. > It looks like the fees are expressed succinctly by the expense ratio. > > From what I can tell, these percentages are implicitly annual. > What I can't find is a way to quickly determine the expense ratio for > a given fund. For example, let's say I discover that I want to invest > in an ETF that tracks the Russell 2000 for small cap. I can find the > expense ratio for the ishares Russell 2000 ETF (namely, IWM) at > www.indexfunds.com, but it's a busy, java-laden site, and slow to use. You should check out the web site for Barclay's iShares, which has all sorts of info about their ETFs, including IWM: www.ishares.com Sites with combined data for ETFs have the info as well: www.etfzone.com www.etfconnect.com www.amex.com These sites provide a lot more info than just expense ratio. You'll find that for the biggest ETFs that track the most widely followed indices, the expense ratios are low (and typically very close, when there are several ETFs available). If you're comparing ETFs to traditional mutual funds be sure to consider the costs of trading, which can more than make up any expense difference between, say, a R2000 ETF and a no-load Small-cap index fund. ETFs are best suited to larger trade sizes and of course discount brokers or other low-cost ways of trading. Keep an eye as well on how well the ETF has actually followed the index, the "tracking error." A few hundredths of a percentage point in expenses aren't as important as missing the index return by 0.5%. This isn't much of a factor with an index like the Russell 2000 but some of the ETFs tracking narrower sectors have tracking errors worth considering. -Tad |
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#1
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| Ed L Cashin <ecashin[at]uga.edu> wrote: - quote - > What I can't find is a way to quickly determine the expense ratio for
Yahoo has it under the profile option.> a given fund. For example, let's say I discover that I want to invest > in an ETF that tracks the Russell 2000 for small cap. I can find the > expense ratio for the ishares Russell 2000 ETF (namely, IWM) at > www.indexfunds.com, but it's a busy, java-laden site, and slow to use. > The places that I usually go for quick lookups, especially > finance.yahoo.com, don't appear to show the expense ratio when I look > up an ETF by its symbol. -- Ron |
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| www.etfconnect.com Ed L Cashin wrote: - quote - > Hi. I've recently become interested in Exchange-Traded Funds. I > notice that one of the things I should pay attention to as an investor > is the fee. > It looks like the fees are expressed succinctly by the expense ratio. > > From what I can tell, these percentages are implicitly annual. > What I can't find is a way to quickly determine the expense ratio for > a given fund. For example, let's say I discover that I want to invest > in an ETF that tracks the Russell 2000 for small cap. I can find the > expense ratio for the ishares Russell 2000 ETF (namely, IWM) at > www.indexfunds.com, but it's a busy, java-laden site, and slow to use. > The places that I usually go for quick lookups, especially > finance.yahoo.com, don't appear to show the expense ratio when I look > up an ETF by its symbol. > I read at a couple places that The NY Times and The Wallstreet Journal > newspapers have the expense ratios for funds. Is there an online > source that is pretty comprehensive and quick to use? Maybe I'm just > missing the expense ratio in the data that fool and yahoo are showing > me? > Thanks! |
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#-1
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| Hi. I've recently become interested in Exchange-Traded Funds. I notice that one of the things I should pay attention to as an investor is the fee. It looks like the fees are expressed succinctly by the expense ratio. - quote - > From what I can tell, these percentages are implicitly annual.
What I can't find is a way to quickly determine the expense ratio fora given fund. For example, let's say I discover that I want to invest in an ETF that tracks the Russell 2000 for small cap. I can find the expense ratio for the ishares Russell 2000 ETF (namely, IWM) at www.indexfunds.com, but it's a busy, java-laden site, and slow to use. The places that I usually go for quick lookups, especially finance.yahoo.com, don't appear to show the expense ratio when I look up an ETF by its symbol. I read at a couple places that The NY Times and The Wallstreet Journal newspapers have the expense ratios for funds. Is there an online source that is pretty comprehensive and quick to use? Maybe I'm just missing the expense ratio in the data that fool and yahoo are showing me? Thanks! -- --Ed L Cashin PGP public key: http://noserose.net/e/pgp/ |
| Tags |
| etf, expense, lookup, online, ratios |
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