Cheapest ETFs — Expense Ratio Rankings (2026)

Ranked by expense ratio — lower is better for your FIRE portfolio. A 0.01% difference can save thousands over decades.

# Ticker Name Type Expense Ratio Cost per $10K/yr
1 SPLG SPDR Portfolio S&P 500 ETF US Stock 0.02% $2/yr
2 VTI Vanguard Total Stock Market ETF US Stock 0.03% $3/yr
3 VOO Vanguard S&P 500 ETF US Stock 0.03% $3/yr
4 IVV iShares Core S&P 500 ETF US Stock 0.03% $3/yr
5 SCHB Schwab US Broad Market ETF US Stock 0.03% $3/yr
6 SCHX Schwab US Large-Cap ETF US Stock 0.03% $3/yr
7 ITOT iShares Core S&P Total US Stock Market ETF US Stock 0.03% $3/yr
8 SPTM SPDR Portfolio Total Stock Market ETF US Stock 0.03% $3/yr
9 BND Vanguard Total Bond Market ETF US Bonds 0.03% $3/yr
10 AGG iShares Core US Aggregate Bond ETF US Bonds 0.03% $3/yr
11 STIP iShares 0-5 Year TIPS Bond ETF Inflation Protected 0.03% $3/yr
12 VV Vanguard Large-Cap ETF US Stock 0.04% $4/yr
13 SCHA Schwab US Small-Cap ETF US Small/Mid Cap 0.04% $4/yr
14 SPDW SPDR Portfolio Developed World ex-US ETF International Developed 0.04% $4/yr
15 IDEV iShares Core MSCI International Developed Markets ETF International Developed 0.04% $4/yr
16 BIV Vanguard Intermediate-Term Bond ETF US Bonds 0.04% $4/yr
17 BSV Vanguard Short-Term Bond ETF US Bonds 0.04% $4/yr
18 VCIT Vanguard Intermediate-Term Corporate Bond ETF US Bonds 0.04% $4/yr
19 VCSH Vanguard Short-Term Corporate Bond ETF US Bonds 0.04% $4/yr
20 VTIP Vanguard Short-Term Inflation-Protected Securities ETF Inflation Protected 0.04% $4/yr
21 SCHP Schwab US TIPS ETF Inflation Protected 0.04% $4/yr
22 VB Vanguard Small-Cap ETF US Small/Mid Cap 0.05% $5/yr
23 SPSM SPDR Portfolio S&P 600 Small Cap ETF US Small/Mid Cap 0.05% $5/yr
24 MUB iShares National Muni Bond ETF US Bonds 0.05% $5/yr
25 VTEB Vanguard Tax-Exempt Bond ETF US Bonds 0.05% $5/yr
26 GOVT iShares US Treasury Bond ETF US Bonds 0.05% $5/yr
27 IJR iShares Core S&P Small-Cap ETF US Small/Mid Cap 0.06% $6/yr
28 VEA Vanguard FTSE Developed Markets ETF International Developed 0.06% $6/yr
29 SCHF Schwab International Equity ETF International Developed 0.06% $6/yr
30 VIG Vanguard Dividend Appreciation ETF Dividend 0.06% $6/yr
31 SCHD Schwab US Dividend Equity ETF Dividend 0.06% $6/yr
32 VYM Vanguard High Dividend Yield ETF Dividend 0.06% $6/yr
33 VXUS Vanguard Total International Stock ETF International Developed 0.07% $7/yr
34 IXUS iShares Core MSCI Total International Stock ETF International Developed 0.07% $7/yr
35 IEFA iShares Core MSCI EAFE ETF International Developed 0.07% $7/yr
36 BNDX Vanguard Total International Bond ETF US Bonds 0.07% $7/yr
37 VT Vanguard Total World Stock ETF Global/All-World 0.07% $7/yr
38 SPYD SPDR Portfolio S&P 500 High Dividend ETF Dividend 0.07% $7/yr
39 SCHH Schwab US REIT ETF Real Estate 0.07% $7/yr
40 VGK Vanguard FTSE Europe ETF International Developed 0.08% $8/yr
41 VWO Vanguard FTSE Emerging Markets ETF Emerging Markets 0.08% $8/yr
42 DGRO iShares Core Dividend Growth ETF Dividend 0.08% $8/yr
43 HDV iShares Core High Dividend ETF Dividend 0.08% $8/yr
44 USRT iShares Core US REIT ETF Real Estate 0.08% $8/yr
45 SPY SPDR S&P 500 ETF Trust US Stock 0.09% $9/yr
46 IEMG iShares Core MSCI Emerging Markets ETF Emerging Markets 0.09% $9/yr
47 SPGM SPDR Portfolio MSCI Global Stock Market ETF Global/All-World 0.09% $9/yr
48 VTHR Vanguard Russell 3000 ETF US Stock 0.1% $10/yr
49 VTWO Vanguard Russell 2000 ETF US Small/Mid Cap 0.1% $10/yr
50 IEV iShares Europe ETF International Developed 0.1% $10/yr
51 XLRE Real Estate Select Sector SPDR Real Estate 0.1% $10/yr
52 XLK Technology Select Sector SPDR Sectors 0.1% $10/yr
53 XLV Health Care Select Sector SPDR Sectors 0.1% $10/yr
54 XLF Financial Select Sector SPDR Sectors 0.1% $10/yr
55 XLI Industrial Select Sector SPDR Sectors 0.1% $10/yr
56 XLE Energy Select Sector SPDR Sectors 0.1% $10/yr
57 XLU Utilities Select Sector SPDR Sectors 0.1% $10/yr
58 XLP Consumer Staples Select Sector SPDR Sectors 0.1% $10/yr
59 XLY Consumer Discretionary Select Sector SPDR Sectors 0.1% $10/yr
60 XLB Materials Select Sector SPDR Sectors 0.1% $10/yr
61 VGT Vanguard Information Technology ETF Sectors 0.1% $10/yr
62 VHT Vanguard Health Care ETF Sectors 0.1% $10/yr
63 SCHE Schwab Emerging Markets Equity ETF Emerging Markets 0.11% $11/yr
64 SPEM SPDR Portfolio Emerging Markets ETF Emerging Markets 0.11% $11/yr
65 VNQ Vanguard Real Estate ETF Real Estate 0.13% $13/yr
66 REET iShares Global REIT ETF Real Estate 0.14% $14/yr
67 VIOV Vanguard S&P Small-Cap 600 Value ETF US Small/Mid Cap 0.15% $15/yr
68 SLYV SPDR S&P 600 Small Cap Value ETF US Small/Mid Cap 0.15% $15/yr
69 SHY iShares 1-3 Year Treasury Bond ETF US Bonds 0.15% $15/yr
70 IEI iShares 3-7 Year Treasury Bond ETF US Bonds 0.15% $15/yr
71 TLT iShares 20+ Year Treasury Bond ETF US Bonds 0.15% $15/yr
72 QUAL iShares MSCI USA Quality Factor ETF Factor/Smart Beta 0.15% $15/yr
73 USMV iShares MSCI USA Min Vol Factor ETF Factor/Smart Beta 0.15% $15/yr
74 MTUM iShares MSCI USA Momentum Factor ETF Factor/Smart Beta 0.15% $15/yr
75 VLUE iShares MSCI USA Value Factor ETF Factor/Smart Beta 0.15% $15/yr
76 SIZE iShares MSCI USA Size Factor ETF Factor/Smart Beta 0.15% $15/yr
77 SGOL Aberdeen Standard Physical Gold Shares ETF Commodities 0.17% $17/yr
78 ESGE iShares ESG Aware Emerging Markets ETF Emerging Markets 0.18% $18/yr
79 IWM iShares Russell 2000 ETF US Small/Mid Cap 0.19% $19/yr
80 TIP iShares TIPS Bond ETF Inflation Protected 0.19% $19/yr
81 IWV iShares Russell 3000 ETF US Stock 0.2% $20/yr
82 QQQ Invesco QQQ Trust Sectors 0.2% $20/yr
83 IWO iShares Russell 2000 Growth ETF US Small/Mid Cap 0.24% $24/yr
84 URTH iShares MSCI World ETF Global/All-World 0.24% $24/yr
85 AVUV Avantis US Small Cap Value ETF US Small/Mid Cap 0.25% $25/yr
86 AVGE Avantis All Equity Markets ETF Global/All-World 0.25% $25/yr
87 RWR SPDR Dow Jones REIT ETF Real Estate 0.25% $25/yr
88 IAU iShares Gold Trust Commodities 0.25% $25/yr
89 SPLV Invesco S&P 500 Low Volatility ETF Factor/Smart Beta 0.25% $25/yr
90 DGRW WisdomTree US Quality Dividend Growth ETF Dividend 0.28% $28/yr
91 IVLU iShares MSCI International Value Factor ETF Factor/Smart Beta 0.3% $30/yr
92 ACWI iShares MSCI ACWI ETF Global/All-World 0.32% $32/yr
93 EFA iShares MSCI EAFE ETF International Developed 0.33% $33/yr
94 AVEM Avantis Emerging Markets Equity ETF Emerging Markets 0.33% $33/yr
95 SDY SPDR S&P Dividend ETF Dividend 0.35% $35/yr
96 DVY iShares Select Dividend ETF Dividend 0.38% $38/yr
97 IYR iShares US Real Estate ETF Real Estate 0.4% $40/yr
98 GLD SPDR Gold Trust Commodities 0.4% $40/yr
99 SLV iShares Silver Trust Commodities 0.5% $50/yr
100 PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Commodities 0.59% $59/yr
101 EEM iShares MSCI Emerging Markets ETF Emerging Markets 0.68% $68/yr
102 GSG iShares S&P GSCI Commodity-Indexed Trust Commodities 0.75% $75/yr
103 DBC Invesco DB Commodity Index Tracking Fund Commodities 0.89% $89/yr

💡 FIRE Fee Rule: Keep your weighted expense ratio under 0.10%. At 0.03% (VTI), a $1M portfolio costs just $300/year in fees. At 1% (average active fund), the same portfolio costs $10,000/year — a difference of $9,700 that compounds against you.

Data source: Vanguard, Schwab, Fidelity, BlackRock — 2026. Use our Investment Fee Impact Calculator to see how fees affect your specific portfolio.