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EEM’s 0.69% Fee Quietly Costs You $690 a Year, but Your Cheaper Alternative Charges $90
24/7 Wall St.105d agoneutral
EEM’s 0.69% Fee Quietly Costs You $690 a Year, but Your Cheaper Alternative Charges $90

If you hold iShares MSCI Emerging Markets ETF (NYSEARCA:EEM), BlackRock skims 0.69% of your account every year before you see a single dividend. That is roughly $69 a year on every $10,000 you have parked in the fund. It sounds small. Compounded across a working life, it is the price of a used car you ... EEM’s 0.69% Fee Quietly Costs You $690 a Year, but Your Cheaper Alternative Charges $90