Canadian market ETF with different MERs
Comparing Canadian market ETFs with different MER fees (XCG 0.55%, VDY 0.22%, XIC 0.06%), it's evident that fees significantly impact total returns over time. Despite starting with the same amount and making equal monthly contributions, the ETF with the lowest fee (XIC 0.06%) outperforms the others, resulting in the highest total amount at the end of the investment period. This highlights the importance of considering fees when selecting investments, as even seemingly small differences can have a substantial impact on long-term returns.
Assuming all ETFS returned 7%
Assuming all ETFS returned 7%
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment