# Expense ratio

Canonical page: https://synoptiv.com/glossary/expense-ratio

The annual fee a fund charges, as a percentage of assets.

Also known as: Expense ratios, Net expense ratio, MER

## Definition

The expense ratio is the yearly cost of owning a fund, expressed as a percentage of assets. It is deducted from returns, so lower is generally better for long-term holders.

## Related terms

- [52-week high](https://synoptiv.com/glossary/52-week-high)
- [52-week low](https://synoptiv.com/glossary/52-week-low)
- [AI-written analysis](https://synoptiv.com/glossary/ai-analysis)
- [Analysis as-of price](https://synoptiv.com/glossary/analysis-as-of-price)
- [Analysis version](https://synoptiv.com/glossary/analysis-version)
- [Analyst consensus](https://synoptiv.com/glossary/analyst-consensus)
- [ATR](https://synoptiv.com/glossary/atr)
- [Attention](https://synoptiv.com/glossary/attention)

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