I have an account with two different online brokers. I've noticed when comparing the two sites, that one of them seems to have lower expense ratios for ETFs than the other. Is this possible or am I missing something?
The brokerage with the generally lower expense ratio simply calls it the "expense ratio" while the other calls it the "total expense ratio". I'm guessing that this is where the difference lies, but I haven't been able to find out precisely what it is.
Can someone explain this? I'm still relatively new to investing.