Passive vs. Active Investing Cost Comparison

Initial Investment ($):

Additional Annual Contribution ($) (Optional):

Investment Horizon (Years):

Assumed Gross Annual Rate of Return (Before Costs) (%):

Annual Expense Ratio (%):

Other Annual Fees (Optional):

Value:

Annual Expense Ratio (%):

Advisor Fee (% of AUM per year) (Optional):

Trading Cost / Turnover Drag (% p.a.) (Optional):

Other Annual Fees (Optional):

Value:

Year	Passive Value ($)	Passive Costs ($)	Active Value ($)	Active Costs ($)	Difference in Value ($)