ETF vs Mutual Fund Cost Calculator

Model how expense ratios, trading costs, and load fees compound over time. Compare final portfolio values and total fees between ETFs and mutual funds with interactive scenarios.

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Quick Scenarios

Investment Assumptions

$0$1,000,000
$
$0$20,000
$
1 yrs50 yrs
yrs
0.00%15.00%
%

ETFs receive a 0.25% annual tax-efficiency boost to mimic lower capital-gain distributions.

ETF Costs

Low-cost index tracking assumptions
0.00%2.00%
%
$0$50
$
048
0.00%10.00%
%

Mutual Fund Costs

Typical actively managed fund assumptions
0.00%3.00%
%
0.00%6.00%
%
0.00%6.00%
%
$0$100,000
$
0.00%10.00%
%

30-Year Cost Snapshot

ETF Final Value
$862,883
Mutual Fund Final Value
$708,967
Extra Wealth with ETF
$153,916
Fees Avoided
$51,327
Total Contributed
$190,000
ETF Total Fees
$7,138
Trading fees: $0
Mutual Fund Total Fees
$58,465
Load fees: $0

The ETF pulls ahead of the mutual fund in year 1. Keeping costs low now compounds into $153,916 more wealth at the end of the period.

ETF tax efficiency advantage adds roughly $22,289 in extra value over the full period.

Portfolio Growth Over Time

Cumulative Fees Paid

Detailed Cost Comparison

MetricETFMutual Fund
Final Portfolio Value$862,883$708,967
Total Fees Paid$7,138$58,465
Annual Fees in Final Year$690$5,317
Trading / Load Fees$0$0
Difference vs Mutual Fund$153,916 more kept by the ETF investor.

Even a 0.10% fee gap costs about $100 each year on a $100,000 balance. That friction grows alongside your portfolio and compounds into five-figure differences over multi-decade horizons.

Year-by-Year Outcomes

YearETF ValueMutual Fund ValueDifferenceETF Fees PaidMutual Fund Fees Paid
1$17,306$17,150$156$14$130
2$25,209$24,815$394$34$317
3$33,756$33,031$726$61$567
4$43,002$41,837$1,165$95$883
5$53,002$51,276$1,726$138$1,270
6$63,819$61,394$2,424$189$1,734
7$75,518$72,240$3,278$249$2,280
8$88,173$83,866$4,307$320$2,914
9$101,861$96,327$5,534$402$3,642
10$116,666$109,684$6,982$495$4,471
11$132,679$124,002$8,678$601$5,408
12$150,000$139,349$10,651$721$6,461
13$168,735$155,800$12,936$856$7,638
14$189,000$173,433$15,567$1,008$8,949
15$210,918$192,334$18,584$1,177$10,402
16$234,626$212,594$22,032$1,365$12,009
17$260,269$234,311$25,958$1,573$13,779
18$288,006$257,590$30,416$1,803$15,726
19$318,007$282,542$35,465$2,058$17,861
20$350,457$309,288$41,169$2,339$20,198
21$385,556$337,957$47,599$2,647$22,752
22$423,520$368,688$54,832$2,986$25,538
23$464,584$401,628$62,956$3,358$28,573
24$508,999$436,936$72,063$3,766$31,875
25$557,041$474,783$82,257$4,212$35,462
26$609,004$515,352$93,652$4,700$39,357
27$665,209$558,837$106,372$5,232$43,580
28$726,003$605,449$120,554$5,813$48,155
29$791,759$655,412$136,347$6,447$53,108
30$862,883$708,967$153,916$7,138$58,465

Load fees and higher expense ratios create an early handicap for the mutual fund, and the gap widens every year as compounding magnifies those costs.

Frequently Asked Questions

Common questions about the ETF vs Mutual Fund Cost Calculator

Most ETFs track broad indexes with passive management, which keeps expense ratios extremely low (often 0.03%–0.10%). They also avoid 12b-1 marketing fees and sales loads. Mutual funds frequently use active management, pay for distribution, and pass trading costs to shareholders, which drives ongoing fees higher.

📊 Historical Market Data Sources

S&P 500 Historical Returns:

• Average annual return (1926-2024): ~10% nominal, ~7% inflation-adjusted
• Standard deviation: ~20% (indicating significant year-to-year volatility)
→ Source: NYU Stern - Historical Returns on Stocks, Bonds and Bills

Dividend Yields:

• S&P 500 average dividend yield: 1.5-2.0% (as of 2024-2025)
• Historical dividend growth rate: ~5.9% annually (1960-2024)
→ Source: S&P Dow Jones Indices

Bond Returns:

• 10-Year Treasury bonds: ~5% average annual return (1926-2024)
• Corporate bonds (investment grade): ~6% average annual return
→ Source: NYU Stern - Corporate Finance Data

Inflation Rate:

• Long-term average: ~3% annually (1926-2024)
• Recent (2020-2024): 2-8% range with 2022 peak at 8%
→ Source: Bureau of Labor Statistics - Consumer Price Index

Important: Past performance does not guarantee future results. Market returns vary significantly year-to-year. These are long-term historical averages.

⚠️ Important Disclaimer

This ETF vs Mutual Fund Cost Calculator provides estimates for educational and informational purposes only. Actual results may vary significantly based on individual circumstances, market conditions, regulatory changes, and other factors beyond the scope of this calculator.

The calculations and projections provided are based on assumptions and historical data that may not reflect future performance.Past performance does not guarantee future results.

This tool is not financial advice, tax advice, legal advice, or investment advice. For personalized guidance tailored to your specific situation, please consult with qualified professionals including:

  • Certified Financial Planner (CFP)
  • Certified Public Accountant (CPA) for tax matters
  • Licensed attorney for legal matters
  • Registered Investment Advisor (RIA) for investment decisions

Data Accuracy: All data sources, statistics, and rates were verified as accurate as of October 2025. Tax rates, market conditions, and other financial data change over time. Always verify current rates and consult official sources.

No Warranties: While we strive for accuracy, we make no warranties or guarantees regarding the accuracy, completeness, or reliability of any information provided. Use this tool at your own risk.