BUZZ Fees and Costs — VanEck Social Sentiment ETF
Data updated: 2026-08-26
The net expense ratio is 0.76%: a 0.75% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $58K in broker commissions, 0.0856% of average net assets, and portfolio turnover was 202%.
BUZZ Fees and Expenses
Annual operating expenses and sales charges of BUZZ. Prospectus, as of February 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 0.01% |
| Gross expense ratio | 0.76% |
| Fee waiver | — |
| Net expense ratio | 0.76% |
| Sales charges | |
|---|---|
| Max front load | — |
| 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 |
BUZZ Costs Over Time
On $10,000 invested in BUZZ, assuming 5% a year before costs, total costs come to $531 over 5 years, cutting the return by 0.89% 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 | $249 | $433 |
| Trading costs (broker commissions) | $9 | $28 | $49 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $89 | $291 | $531 |
| Value after costs | $10,411 | $11,285 | $12,232 |
| Impact on return, per year | 0.89% | 0.89% | 0.89% |
BUZZ Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0856%
- Total broker commissions: $58K
- Bought from dealers (principal trades, not a cost): $345.7M
- Portfolio turnover (prospectus): 202%
- Securities on loan, average value: $9.4M
- Net income from securities lending: $81K (0.120% of average net assets)
BUZZ Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $16K | 27.37% |
| BofA Securities, Inc. | $10K | 16.90% |
| Goldman Sachs & Co. LLC | $9K | 15.47% |
| Jefferies LLC | $8K | 14.20% |
| Citigroup Global Markets Inc. | $7K | 12.04% |
| Morgan Stanley & Co. LLC | $4K | 7.67% |
| J.P. Morgan Securities LLC | $3K | 5.41% |
| Robert W. Baird & Co. Incorporated | $549 | 0.95% |
BUZZ Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $345.7M | 100.00% |
| Goldman Sachs & Co. LLC | $24 | 0.00% |
| Citigroup Global Markets Inc. | $13 | 0.00% |
| BofA Securities, Inc. | $11 | 0.00% |
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.