When evaluating mutual funds and ETFs, investors must also understand the difference between the net expense ratio and the gross expense ratio. The gross expense ratio represents the total annual ...

The average gross expense ratio––presented as a weighted average––represents the percentage of fund assets used to pay for operating expenses and management fees, including administrative fees, and ...

Our expense ratio was 30.6% for the three months ended June 30, 2025, reflecting a decrease of 3.2 points compared to 33.8% for the same period in 2024. This decrease in our expense ratio was ...