C000186342 Fees and Costs — DeltaShares(R) S&P International Managed Risk ETF
Data updated: 2022-05-27
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $39K in broker commissions, 0.0212% of average net assets, and portfolio turnover was 690%.
C000186342 Fees and Expenses
Annual operating expenses and sales charges of C000186342. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| 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 |
C000186342 Costs Over Time
On $10,000 invested in C000186342, assuming 5% a year before costs, total costs come to $329 over 5 years, cutting the return by 0.55% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $55 | $180 | $329 |
| Value after costs | $10,445 | $11,396 | $12,434 |
| Impact on return, per year | 0.55% | 0.55% | 0.55% |
C000186342 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0212%
- Total broker commissions: $39K
- Bought from dealers (principal trades, not a cost): $164.0M
- Portfolio turnover (prospectus): 690%
- Securities on loan, average value: $8.6M
- Net income from securities lending: $73K (0.040% of average net assets)
C000186342 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $38K | 98.73% |
| BofA Securities, Inc. | $490 | 1.27% |
C000186342 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $84.6M | 51.58% |
| J.P. Morgan Securities LLC | $40.1M | 24.48% |
| U.S. Bancorp Investments, Inc. | $20.1M | 12.27% |
| UBS Securities LLC | $14.3M | 8.69% |
| BofA Securities, Inc. | $4.8M | 2.94% |
| Goldman Sachs & Co. LLC | $60K | 0.04% |
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.