Comment by tombert

That's why I am partial to the Vanguard funds. If you look at VUG and VTI and VOO, the fees are on the order of ~0.03-0.04%.

I know that passively-managed ETFs aren't necessarily "optimal" (as your parent comment mentioned, there's a risk of them having a few duds there for legacy reasons), but I think the value that they provide come down to the fact that they're automatically rebalanced and diversified, and 0.04% seems like a pretty reasonable cut for them doing that for me.