AFLG Fees and Costs — First Trust Active Factor Large Cap ETF
Data updated: 2026-07-22
The net expense ratio is 0.55%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $15K in broker commissions, 0.0077% of average net assets, and portfolio turnover was 37%.
AFLG Fees and Expenses
Annual operating expenses and sales charges of AFLG. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
AFLG Costs Over Time
On $10,000 invested in AFLG, assuming 5% a year before costs, total costs come to $352 over 5 years, cutting the return by 0.59% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $1 | $3 | $4 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $59 | $193 | $352 |
| Value after costs | $10,441 | $11,384 | $12,411 |
| Impact on return, per year | 0.59% | 0.59% | 0.59% |
AFLG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0077%
- Total broker commissions: $15K
- Bought from dealers (principal trades, not a cost): $442.6M
- Portfolio turnover (prospectus): 37%
- Securities lending: none during the year
AFLG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MIZUHO SECURITIES USA LLC | $10K | 69.55% |
| GOLDMAN SACHS & CO. LLC | $2K | 16.80% |
| CANTOR FITZGERALD & CO. | $2K | 12.28% |
| RBC CAPITAL MARKETS, LLC | $69 | 0.47% |
| CITADEL SECURITIES LLC | $60 | 0.41% |
| BTIG, LLC | $51 | 0.35% |
| BNP Paribas Securities Corp. | $22 | 0.15% |
AFLG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $143.1M | 32.32% |
| CITADEL SECURITIES LLC | $75.5M | 17.05% |
| BOFA SECURITIES, INC. | $70.3M | 15.89% |
| GOLDMAN SACHS & CO. LLC | $49.2M | 11.12% |
| Jane Street Execution Services, LLC | $48.9M | 11.04% |
| ABN AMRO Clearing USA LLC | $34.3M | 7.74% |
| CANTOR FITZGERALD & CO. | $21.4M | 4.83% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.