It's reflected in the share price. For funds whose dividends are sufficient, as with SPY, the price reflects a fraction of the index, and the dividends are reduced slightly. For GLD the lack of a dividend means the costs are reflected in a price that lags the index (i.e. actual gold) by the expense ratio each year.

What expense ration are your funds showing?

It's reflected in the share price. For funds whose dividends are sufficient, as with SPY, the price reflects a fraction of the index, and the dividends are reduced slightly. For GLD the lack of a dividend means the costs are reflected in a price that lags the index (i.e. actual gold) by the expense ratio each year.

What expense ratios are your funds showing?