The focus of this study is to exploraton the impact of expense ratio, fund size, and fund age on ETF mutual fund performance with interest rates as a moderating. The population is ETF Mutual Funds registered with the Financial Services Authority (OJK) using a purposive sampling technique in taking a sample of 20 Mutual Funds with an observation period of 4 years. The review technique used in thisĀ evidence is the moderated regression analysis (MRA) with the STATA 17 program to tabulate the data. These findings indicate that the expense ratio has a positive and insignificant effect on the sharpe ratio; fund size has a negative and significant effect on the sharpe ratio; fund age has a positive and significant effect on the sharpe ratio; then, the interest rate is not a moderating variable that influences the expense ratio positively and is not significant to the sharpe ratio; interest rate is not a moderating variable that affects fund size negatively and significantly to the sharpe ratio; while the interest rate is a moderating variable that influences fund age positively and significantly to the sharpe ratio.
Copyrights © 2023