C000186343 Fees and Costs — DeltaShares(R) S&P EM 100 & Managed Risk ETF
Data updated: 2022-05-27
The net expense ratio is 0.60%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $71K in broker commissions, 0.1374% of average net assets, and portfolio turnover was 647%.
C000186343 Fees and Expenses
Annual operating expenses and sales charges of C000186343. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.60% |
| Fee waiver | — |
| Net expense ratio | 0.60% |
| 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 |
C000186343 Costs Over Time
On $10,000 invested in C000186343, assuming 5% a year before costs, total costs come to $464 over 5 years, cutting the return by 0.77% 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 0.60%) | $63 | $197 | $343 |
| Trading costs (broker commissions) | $14 | $45 | $78 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $77 | $254 | $464 |
| Value after costs | $10,423 | $11,322 | $12,299 |
| Impact on return, per year | 0.77% | 0.77% | 0.77% |
C000186343 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): 0.1374%
- Total broker commissions: $71K
- Bought from dealers (principal trades, not a cost): $650.0M
- Portfolio turnover (prospectus): 647%
- Securities on loan, average value: $903K
- Net income from securities lending: $4K (0.008% of average net assets)
C000186343 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SG Americas Securities, LLC | $37K | 52.59% |
| BofA Securities, Inc. | $33K | 47.41% |
C000186343 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $254.6M | 39.17% |
| State Street Bank and Trust Company | $203.4M | 31.29% |
| J.P. Morgan Securities LLC | $120.2M | 18.48% |
| Goldman Sachs & Co. LLC | $47.7M | 7.34% |
| U.S. Bancorp Investments, Inc. | $24.1M | 3.71% |
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.