C000173416 Fees and Costs — OShares U.S. Small Cap Quality Dividend ETF
Data updated: 2022-05-11
The net expense ratio is 0.48%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $37K in broker commissions, 0.0309% of average net assets, and portfolio turnover was 60%.
C000173416 Fees and Expenses
Annual operating expenses and sales charges of C000173416. Prospectus, as of October 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.48% |
| Fee waiver | — |
| Net expense ratio | 0.48% |
| 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 |
C000173416 Costs Over Time
On $10,000 invested in C000173416, assuming 5% a year before costs, total costs come to $323 over 5 years, cutting the return by 0.54% 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 0.48%) | $50 | $158 | $276 |
| Trading costs (broker commissions) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $54 | $177 | $323 |
| Value after costs | $10,446 | $11,400 | $12,440 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
C000173416 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0309%
- Total broker commissions: $37K
- Bought from dealers (principal trades, not a cost): $22.0M
- Portfolio turnover (prospectus): 60%
- Securities lending: none during the year
C000173416 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $16K | 42.34% |
| Virtu Americas LLC | $14K | 37.63% |
| BTIG, LLC | $5K | 13.56% |
| J.P. Morgan Securities LLC | $2K | 5.86% |
| Mischler Financial Group, Inc. | $127 | 0.34% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $96 | 0.26% |
C000173416 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $16.0M | 72.55% |
| Goldman Sachs & Co. LLC | $4.8M | 21.80% |
| Virtu Americas LLC | $1.2M | 5.65% |
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.