🔍Como Escolher um Bom ETF: TER, Tamanho do Fundo, Liquidez e Tracking Error
Como Escolher um Bom ETF: TER, Tamanho do Fundo, Liquidez e Tracking Error
"ETF no S&P 500" pode ter dez emissores diferentes, e existem diferenças entre eles que custam dinheiro. Este artigo é um checklist para ajudá-lo a distinguir um ETF de qualidade de um mediano — mesmo que não seja um especialista.
★ Ponto-chave: Dois ETFs podem rastrear exatamente o mesmo índice, mas diferir em taxas, tamanho, método de replicação e precisão de rastreamento. Os detalhes determinam o seu retorno a longo prazo.
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1. TER — Total Expense Ratio
TER (Total Expense Ratio) é o percentual que o fundo deduz anualmente. Para ETFs de índices amplos, um intervalo razoável é 0,03–0,20%. Parece pouco, mas a longo prazo faz uma enorme diferença devido aos juros compostos.
| TER | Custo sobre 100.000 CZK / ano | Em 30 anos (aproximadamente) |
|---|---|---|
| 0,05% | 50 CZK | negligível |
| 0,50% | 500 CZK | dezenas de milhares em retornos perdidos |
| 1,80% | 1.800 CZK | centenas de milhares em retornos perdidos |
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