BKSE Fees and Costs — BNY Mellon US Small Cap Core Equity ETF
Data updated: 2026-09-24
The net expense ratio is 0.04%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $8K in broker commissions, 0.0083% of average net assets, and portfolio turnover was 39%.
BKSE Fees and Expenses
Annual operating expenses and sales charges of BKSE. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.04% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.04% |
| Fee waiver | — |
| Net expense ratio | 0.04% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
BKSE Costs Over Time
On $10,000 invested in BKSE, assuming 5% a year before costs, total costs come to $31 over 5 years, cutting the return by 0.05% 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 0.04%) | $4 | $13 | $23 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $1 | $3 |
| Total costs | $5 | $17 | $31 |
| Value after costs | $10,495 | $11,559 | $12,732 |
| Impact on return, per year | 0.05% | 0.05% | 0.05% |
BKSE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0083%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $171.6M
- Portfolio turnover (prospectus): 39%
- Securities on loan, average value: $6.4M
- Net income from securities lending: $25K (0.025% of average net assets)
BKSE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS FINANCIAL SERVICES, INC. | $3K | 30.55% |
| RBC CAPITAL MARKETS, LLC | $2K | 28.91% |
| VIRTU ITG LLC | $2K | 20.16% |
| MORGAN STANLEY & CO. LLC | $1K | 12.41% |
| BOFA SECURITIES, INC. | $218 | 2.64% |
| GOLDMAN SACHS & CO. LLC | $203 | 2.46% |
| J.P. MORGAN SECURITIES LLC | $181 | 2.19% |
| CITIGROUP GLOBAL MARKETS INC. | $27 | 0.33% |
| PENSERRA SECURITIES LLC | $14 | 0.17% |
| UBS Securities LLC | $14 | 0.17% |
BKSE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $128.5M | 74.86% |
| UBS SECURITIES LLC | $13.0M | 7.56% |
| RBC CAPITAL MARKETS, LLC | $12.5M | 7.30% |
| BOFA SECURITIES, INC. | $12.4M | 7.22% |
| MORGAN STANLEY & CO. LLC | $4.1M | 2.41% |
| BARCLAYS CAPITAL, INC. | $515K | 0.30% |
| PIPER SANDLER & CO. | $305K | 0.18% |
| GOLDMAN SACHS & CO. LLC | $288K | 0.17% |
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.