Examining the ‘Hidden Costs’ of Index Investing

Thus, at least for the largest U.S. stock index funds, there appear to be no “hidden costs” and, in fact, the expense ratio actually overstated the total net expenses paid by investors. Even the S&P 500 index itself, which the Swedroe article claimed was selling deletions at “deep discounts” and buying new entrants that underperform, did not appear to supported by the data.