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What is the expense ratio of ProShares Bitcoin ETF and how does it affect my investment returns?

avatarFavour RichardDec 26, 2021 · 3 years ago1 answers

Can you explain what the expense ratio of ProShares Bitcoin ETF is and how it can impact my investment returns?

What is the expense ratio of ProShares Bitcoin ETF and how does it affect my investment returns?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    The expense ratio of ProShares Bitcoin ETF is 0.95%, which is relatively high compared to other ETFs. This means that for every $1,000 you invest in the fund, you will pay $9.50 in annual fees. While the expense ratio may seem small, it can add up over time and have a significant impact on your investment returns. It's important to consider the expense ratio in conjunction with other factors such as the fund's performance and risk profile. Investing in an ETF with a lower expense ratio may result in higher net returns over the long term.