Hey guys, there might be something I’m not understanding. It feels like a lot of us are recommending the eMaxis slim funds such as the one that tracks s&p 500, but I see that the expense ratio is nearly 0.1%.
But what about funds like this one?
https://www.rakuten-sec.co.jp/web/marke ... ?ric=VOO.N
Wouldn’t this be even cheaper? A quick google shows that the expense ratio for this is 0.03% but it’s not explicitly stated on the above link. Thoughts?
EMAXIS SLIM vs VOO
Re: EMAXIS SLIM vs VOO
It is a bit of a wash at the end of the day.MajesticSoup wrote: ↑Thu Feb 04, 2021 1:49 pm Hey guys, there might be something I’m not understanding. It feels like a lot of us are recommending the eMaxis slim funds such as the one that tracks s&p 500, but I see that the expense ratio is nearly 0.1%.
But what about funds like this one?
https://www.rakuten-sec.co.jp/web/marke ... ?ric=VOO.N
Wouldn’t this be even cheaper? A quick google shows that the expense ratio for this is 0.03% but it’s not explicitly stated on the above link. Thoughts?
Most people do not want to deal with the currency conversion headache and all the associated costs.
Here is a long-form analysis....
https://shintaro-money.com/kaigai-etf-relay-2/
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Re: EMAXIS SLIM vs VOO
Thanks guys, so I guess the conclusion is that even though VOO is a lot cheaper, Rakuten charges a ton on currency conversion and it's pretty hard to calculate the fees on that end, but the fees might very well be significantly more than the difference in expense ratios.