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  3. TER
GlossaryETFs & Index Funds

TER

Total expense ratio — the all-in annual cost of holding a fund, expressed as a percentage of the amount invested.

Appears in these guides

  • Break of Structure & Change of CharacterTechnical Analysis
  • Dark Pools & Alternative Trading SystemsMarket Structure
  • Harmonic PatternsTechnical Analysis
  • Interest RatesEconomics
  • Open Interest and VolumeOptions
  • Reading Short-Selling Data: Short Interest, Short Volume & Cost to BorrowMarket Structure

Related terms

Accumulating FundActive ManagementBenchmarkDistributing FundETFExpense RatioIndexIndex FundMutual FundNAV

Related lessons

intermediateETFs & Index Funds

Sector ETFs: Classification, Concentration and Overlap

Look through sector ETF labels to understand the underlying businesses, weighting rules, overlapping holdings and sources of concentrated risk.

intermediateETFs & Index Funds

SPY: The S&P 500, the Fund and the Traded Share

Use SPY as a US-listed ETF case study to separate benchmark rules, fund ownership and exchange prices, with worked examples of weighting, costs and total return.

intermediateETFs & Index Funds

Bond ETFs: Income, Duration and Market Prices

Separate a bond ETF share from its underlying bonds, then work through rate sensitivity, credit risk, distributions and the difference between market price and NAV.

Ironclad Research provides educational content only. Nothing on this platform is financial advice, a recommendation, or an offer to buy or sell any security. Always do your own research and consider professional advice before making financial decisions.