In the Margins
According to the Investment Company Institute, expense ratios for U.S. equity exchange-traded funds dropped by nearly a third between 2009 and 2016, falling 32% to 23 basis points on average, from 34 basis points. The data cover the multiyear bull market that has occurred since the financial crisis bottomed, a period when investors moved en masse into stocks amid relatively little volatility. Read the original story from MarketWatch.
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