Trading stocks on Robinhood is free. That's nice.
But Robinhood also provides various funds and ETFs. They usually have an expense ratio which can range from 0.04% for a Vanguard ETF to 1% range for actively managed ETFs.
- Does Robinhood charge for these expenses?
- Are the shown somewhere in the app? I cannot find any information on fees or expenses
As a concrete example, there are SPY (SPDR S&P 500 ETF) and VOO (Vanguard S&P 500 ETF) and possibly others on Robinhood. When there are two ETFs that track exactly the same things (like SPY vs. VOO) on what basis would I make the decision which one to buy?