Based on a comparison of total expense ratios for U.S. sector - level ETFs with similar holdings and investment objectives (using the MSCI and S&P Global Industry Classification System — GICS) within the universe of 298 ETFs Morningstar has classified as the Sector Stock asset class. (fidelity.com)
Selection based on Total Expense Ratio (total cost of tracking the index) and total cost of ownership (external trading costs, bid - ask spreads, taxes). (uk.scalable.capital)
The estimated average total expense ratio of SMSFs in 2015 was 1.1 % and the average total expenses value was $ 12,200. (ato.gov.au)