The drag nobody bills you for calculator
In short
The cost that never appears as a fee.
Interactive: the drag nobody bills you forEasy
Withholding tax on dividends and domestic tax on income are subtracted from return without ever appearing in an ongoing charge. Over a long holding they frequently exceed every disclosed fee combined.
- Lost to withholding
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- Lost to domestic tax
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- Total annual drag
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- Ending value, no tax
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- Ending value, after tax
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- What it cost
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- Share of the outcome
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- Important
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Set the reclaim share to 100% and watch how much fund domicile can be worth — that is the treaty-position effect that never appears on a factsheet and shows up only in the tracking difference. Tax rules differ by country, by investor and over time; this is arithmetic on the numbers you enter, not a statement about what applies to you.
The idea behind it
This calculator belongs to Costs & Fees, where the mechanism it computes is explained step by step, with the formula, what each input means and where the simple model stops being right. Everything is computed in your browser; nothing you type is sent anywhere.
More calculators from Costs & Fees
- Total cost of ownership — charges, tracking drag and both spreads, compounded.
- Spread & commission cost of trading — the hurdle turnover creates.
- Decomposing tracking difference — the only cost measure that catches everything.