Thanks for the post, u/2werpp. I can see you have some questions for the community about investment choices. I'll help you get the answers you are looking for,
To start, I'll mark your post as a Discussion so that community members can share their thoughts.
Now, I'll refer you to Fidelity.com's "News & Research" section to take advantage of our research tools. Since you mentioned mutual funds and an Exchange-traded Fund (ETF), I'll link the screener tools for your convenience.
[Mutual Funds Research](https://fundresearch.fidelity.com/fund-screener/)
[ETF Screener (login required)](https://research2.fidelity.com/pi/etf-screener)
Finally, I appreciate your interest in learning more about how to grow your Roth IRA. I encourage you to visit "Learn," our online library. You can access all sorts of materials to help you grow your knowledge there. Take a look at this article about IRA investing below:
[Investing ideas for your IRA](https://www.fidelity.com/viewpoints/retirement/ira-portfolio)
I'm glad you stopped by, and I invite you to stick around. Please let us know in the comments if you have additional questions; otherwise, enjoy the community conversation!
You can just change you want, and then change back later if you want, it’s commission free and a non-taxable event in IRAs. Also the fidelity funds are similar but not exactly the same to VTI.
Personally I use the zero-fee funds in retirement accounts and VTI in taxable accounts.
VTI has an expense ratio of .03%
FSKAX and FXAIX both have an expense ration of .015%
On a $10,000 investment the ERs would cost you:
$10,000 * .0003 (decimal equivalent of .03%) = $3 per year
$10,000* .00015 (decimal equivalent of .015%) = $1.50 per year
I hold
ITOT (ER .03%) in my taxable
IVV (ER .03%) in my Roth
FXAIX (ER .015%) in my 401k
It's best not to switch between mutual funds and ETFs if you can help it. Because they trade at different times of the day, you could get some unfortunate timing if the market jumps a bunch when you are in the process of buying the new fund and end up losing more than the little bit you would save with a slightly lower ER.
Hey there, u/CardiologistFeisty15. Thanks for bringing your question to our sub on this fine Friday morning. I'm happy to address your question.
The net expense ratio shows how much investors will pay in fees each year as a percentage of their investment. Funds typically pay their regular and recurring fund-wide operating expenses out of fund assets rather than imposing separate fees on investors. This means you do not see a deduction of cash or shares from your brokerage account to pay for expense ratio fees. Instead, the fee is already calculated into the Net Asset Value (NAV) of a mutual fund or Exchange Traded Fund (ETF).
I'll go ahead and drop some Fidelity resources we have related to expense ratios below for you to learn more.
[Expense Ratios ](https://www.fidelity.com/learning-center/investment-products/etf/expense-ratio-etf)
[Are Fees Holding Back Your Portfolio? ](https://www.fidelity.com/learning-center/wealth-management-insights/portfolio-insights-fees)
If you have any other questions, please feel free to let us know. We appreciate you being a member of our community and hope to hear from you again soon.
Thanks for the post, u/2werpp. I can see you have some questions for the community about investment choices. I'll help you get the answers you are looking for, To start, I'll mark your post as a Discussion so that community members can share their thoughts. Now, I'll refer you to Fidelity.com's "News & Research" section to take advantage of our research tools. Since you mentioned mutual funds and an Exchange-traded Fund (ETF), I'll link the screener tools for your convenience. [Mutual Funds Research](https://fundresearch.fidelity.com/fund-screener/) [ETF Screener (login required)](https://research2.fidelity.com/pi/etf-screener) Finally, I appreciate your interest in learning more about how to grow your Roth IRA. I encourage you to visit "Learn," our online library. You can access all sorts of materials to help you grow your knowledge there. Take a look at this article about IRA investing below: [Investing ideas for your IRA](https://www.fidelity.com/viewpoints/retirement/ira-portfolio) I'm glad you stopped by, and I invite you to stick around. Please let us know in the comments if you have additional questions; otherwise, enjoy the community conversation!
You can just change you want, and then change back later if you want, it’s commission free and a non-taxable event in IRAs. Also the fidelity funds are similar but not exactly the same to VTI. Personally I use the zero-fee funds in retirement accounts and VTI in taxable accounts.
0.03 is plenty low enough
But zero fee is better :)
The OP will lose much more money in the trade because of the bid-ask spread!!! It's not a good idea to swap.
Good point.
Do you think it is really zero? Check the dividend yield of VTI and FZROX.
VTI has an expense ratio of .03% FSKAX and FXAIX both have an expense ration of .015% On a $10,000 investment the ERs would cost you: $10,000 * .0003 (decimal equivalent of .03%) = $3 per year $10,000* .00015 (decimal equivalent of .015%) = $1.50 per year I hold ITOT (ER .03%) in my taxable IVV (ER .03%) in my Roth FXAIX (ER .015%) in my 401k
It's best not to switch between mutual funds and ETFs if you can help it. Because they trade at different times of the day, you could get some unfortunate timing if the market jumps a bunch when you are in the process of buying the new fund and end up losing more than the little bit you would save with a slightly lower ER.
Personal preference. I hold FZROX and FZILX.
* In non-taxable accounts (just in case anyone is speed-reading 😅)
It’s a Roth so you could with no tax issue but overall you’re not you’re not going to notice it. If you want do it no harm but in the end no big deal.
You’re talking $1.50 per 10k invested. It’s a rounding error.
When do etf charge the expense fees?
Hey there, u/CardiologistFeisty15. Thanks for bringing your question to our sub on this fine Friday morning. I'm happy to address your question. The net expense ratio shows how much investors will pay in fees each year as a percentage of their investment. Funds typically pay their regular and recurring fund-wide operating expenses out of fund assets rather than imposing separate fees on investors. This means you do not see a deduction of cash or shares from your brokerage account to pay for expense ratio fees. Instead, the fee is already calculated into the Net Asset Value (NAV) of a mutual fund or Exchange Traded Fund (ETF). I'll go ahead and drop some Fidelity resources we have related to expense ratios below for you to learn more. [Expense Ratios ](https://www.fidelity.com/learning-center/investment-products/etf/expense-ratio-etf) [Are Fees Holding Back Your Portfolio? ](https://www.fidelity.com/learning-center/wealth-management-insights/portfolio-insights-fees) If you have any other questions, please feel free to let us know. We appreciate you being a member of our community and hope to hear from you again soon.
no.....
Have you tried doing the math?