Question about SPY fees


I read morningstar prospectus and Ctrl+F for all the terms. Nothing comes up for fees, expense, load, etc.

How are these actually charged? Are there transaction fees too? Everything is so obfuscated.

Stocks is straightforward to me compared to ETFs. I bought some SPY to see but have no idea where the fund fees are (Broker commission is $0).

Etrad research lists “sales load” as fixed transaction fee.

Feel so dumb for asking this. I think it should be easy to verify what fees I'm paying.


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