How Much Are Your Fees
Costing You?
Enter your current holdings and we will calculate exactly how much more you are paying in fees compared to XEQT. The number will surprise you.
Why Canadian Fund Fees Matter So Much
A management expense ratio is not just an annual line item. It is a compounding drag on your wealth that compounds against you every single year. The difference between a 2.00% MER bank fund and XEQT's 0.20% MER is 1.80 percentage points. On a $200,000 portfolio growing at 7% over 25 years, that gap costs you more than $220,000 in potential wealth. Not because markets treated you differently, but purely because of fees.
Canadian investors are among the most fee-burdened in the developed world. The average Canadian equity mutual fund charges a MER of approximately 2.23%, according to Morningstar data. Most of that fee goes to advisor trailing commissions and fund company profit, not to any service that improves your return. The vast majority of actively managed Canadian mutual funds fail to outperform their benchmark index after fees over any ten-year period.
XEQT holds over 8,400 companies across Canada, the United States, international developed markets, and emerging markets. Its 0.20% MER covers the entire cost of ownership. There is no trailing commission, no advisor fee embedded in the price, and no active management cost. The fund does exactly what it says: it tracks global equity markets at the lowest possible cost.
How to Read Your Results
The tool calculates your blended MER (a weighted average of all your holdings' fees), then projects your portfolio value under two scenarios: your current fee structure and XEQT's 0.20% MER. The difference is your fee drag. It uses a standard future value formula with annual fee compounding.
The projections are illustrative models, not guaranteed returns. They assume a constant annual return rate applied after fees. Real returns vary year to year. The purpose of the tool is to make the fee difference visible in dollar terms, not to predict the future. For the complete guide to XEQT and how it fits into a Canadian investment strategy, start with our What Is XEQT guide. To understand where to hold XEQT for maximum tax efficiency, read our TFSA vs RRSP guide.
Enter your holdings on the left and click Calculate My Fee Drag to see exactly how much your fees are costing you versus XEQT.