SPY’s 9.45 Basis Points Hides $6,450 a Decade on $100,000 Versus Cheaper Peers

SPY’s 9.45 Basis Points Hides $6,450 a Decade on $100,000 Versus Cheaper Peers →

SPY looks dirt cheap at a fraction of a percent, but a hidden structural quirk quietly siphons money from long-term holders in a way the fund's own fact sheet never spells out.