ARKW Fees and Costs — ARK Next Generation Internet ETF
Data updated: 2026-10-06
The net expense ratio is 0.76%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $485K in broker commissions, 0.0244% of average net assets, and portfolio turnover was 44%.
ARKW Fees and Expenses
Annual operating expenses and sales charges of ARKW. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.76% |
| Fee waiver | — |
| Net expense ratio | 0.76% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
ARKW Costs Over Time
On $10,000 invested in ARKW, assuming 5% a year before costs, total costs come to $493 over 5 years, cutting the return by 0.82% 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 0.76%) | $80 | $250 | $434 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $82 | $270 | $493 |
| Value after costs | $10,418 | $11,306 | $12,270 |
| Impact on return, per year | 0.82% | 0.82% | 0.82% |
ARKW Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0244%
- Total broker commissions: $485K
- Bought from dealers (principal trades, not a cost): $7.0B
- Portfolio turnover (prospectus): 44%
ARKW Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $65K | 28.21% |
| LIQUIDNET, INC. | $45K | 19.35% |
| BOFA SECURITIES, INC. | $26K | 11.30% |
| PIPER SANDLER & CO. | $21K | 9.15% |
| CANTOR FITZGERALD & CO. | $19K | 8.03% |
| INSTINET, LLC | $15K | 6.65% |
| JEFFERIES LLC | $11K | 4.71% |
| JONESTRADING | $10K | 4.25% |
| J.P. Morgan Securities LLC | $10K | 4.22% |
| GOLDMAN SACHS & CO. LLC | $10K | 4.14% |
ARKW Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $281.4M | 30.38% |
| Jane Street Execution Services, LLC | $212.1M | 22.89% |
| BOFA SECURITIES, INC. | $165.4M | 17.85% |
| BNY MELLON CAPITAL MARKETS, LLC | $90.7M | 9.79% |
| J.P. Morgan Securities LLC | $59.1M | 6.38% |
| MORGAN STANLEY & CO. LLC | $49.1M | 5.30% |
| CitiGroup Global Markets Inc. | $28.7M | 3.10% |
| GOLDMAN SACHS & CO. LLC | $27.3M | 2.94% |
| ABN AMRO Clearing USA LLC | $6.3M | 0.68% |
| UBS SECURITIES LLC | $6.3M | 0.68% |
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.