Discover how the working ratio reveals a company's ability to cover operating costs from revenue, learn the calculation method, and understand its limitations.

An expense ratio is the relationship of a fund’s total assets to other administrative and operating expenses. The expense ratio is taken from the fund’s gross return, cutting into potential profit ...

For mutual fund and exchange-traded fund (ETF) investors, expense ratios are an important but sometimes overlooked element that can have a real impact on long-term returns. The expense ratio is the ...

The expense ratio of funds matters. Back in 2010, Morningstar found that the best predictor of future returns was a low expense ratio. This beat every other indicator, including Morningstar stars.

When it comes to investing in mutual funds or exchange-traded funds (ETFs), one of the most important factors to consider and understand is the expense ratio. An expense ratio measures how much you’ll ...

Q4 2025 earnings call recap: record operating earnings, underwriting gains, sub-30% expense outlook and AI strategy—read key ...