New to ETFs, done mostly individual high yield equities in the past. Just wondering, I see here on Yahoo Finance the Yield is listed at 5.93%, and the Expense Ratio (net) is 0.65%.
Is the Yield including that Expense Ratio or not? What I mean by that is, are they actually paying out 5.93%, or 5.28% (5.93% Yield - 0.65% Exoense Ratio)?
I know it's probably a very basic question to anyone familiar with ETFs, but I've only dealt with individual stocks before, and I'm trying to calculate how much I'd need to invest to get a certain income. Thanks