Sentences with phrase «different expense ratios»

Typically, different share classes reflect different expense ratios depending on initial investment amount, load or transaction fee, or association of some form, like certain 401K plans.
I understand that different ETFs may cost different amounts of money per share, as you are buying a proportional amount of each company on the index, but why can two ETFs that cost roughly the same amount of money per share but have different expense ratios coexist i.e. why would someone be prepared to pay more for the same thing?
Consider the graph below, which illustrates the growth of $ 1,000,000 over 30 years assuming an annual return rate of 5 % across three hypothetical funds, each with a slightly different expense ratio:
This fund comes with two different expense ratios
Different funds have different expense ratios.
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