Investment fee drag calculator

Enter your portfolio size and average expense ratio to estimate how fund costs can compound over a long investment horizon.

$USD
$USD

Illustrative active mutual fund cost

Vanguard Total Stock Market ETF

%
years

Expense ratios are modeled as annual asset-based costs deducted from returns. Advisor presets are illustrative blended estimates; named ETF presets use stated fund expense ratios. Contributions are added at year-end.

Estimated fee drag over 30 years

$512,339
0.75% vs 0.03%
Direct extra fees$233,749
Lost compounding$278,590
Annual drag0.77% / yr
Cost thresholdYear 5
Ending value at current fee$2,500,675
Ending value at lower fee$3,013,014

What makes up the drag

$512,339
Direct extra fees$233,749
Lost compounding$278,590

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Portfolio value over time

$3,013,014 lower-fee value
Low-cost comparison
Current expense ratio

Year-by-year fee drag

Selected years from the projection
YearCurrent fee valueLower-fee valueCumulative dragLost compounding
1$277,494$279,420$1,926$0
5$405,597$419,077$13,480$1,604
10$615,768$655,861$40,092$9,585
15$899,655$987,464$87,810$29,563
20$1,283,111$1,451,858$168,747$70,480
25$1,801,061$2,102,218$301,158$146,311
30$2,500,675$3,013,014$512,339$278,590

See disclosures below before using these estimates.

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How to read fee drag

The calculator models annual gross returns, then deducts each expense ratio from assets before adding the annual contribution. Expense ratios and advisory-fee presets are estimates or published examples gathered from public sources and may be incomplete, outdated, rounded, or otherwise inaccurate. Actual fees vary by provider, account size, portfolio, waiver, program, and fund share class.

This is a simplified educational estimate. It does not model taxes, trading costs, loads, advisory fees, tracking error, changing contributions, sequence of returns, or whether a lower-cost fund is appropriate for your goals. Returns and fee savings are not guaranteed. All trademarks, ticker symbols, logos, and brand names are the property of their respective owners and are used for identification only; no endorsement or affiliation is implied. This calculator is for informational purposes only and is not financial, investment, tax, accounting, or legal advice.