Over just ten years, 3.13% compounds to over 36%. I think most investors would like to know about such a large additional cost before they put their money into an ETF.

The U.S. utility sector has performed remarkably well this year. Relentless geopolitical tensions stretching from Russia to Iraq have resulted in elevated levels of risk-off trade sentiment among investors.

The Utilities sector ranks tenth out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds report. It gets my Very Dangerous rating, which is based on aggregation of ratings of 9 ETFs and 33 mutual funds in the Utilities sector as of July 17,2014.