C000227684 Fees and Costs — Defiance Next Gen Big Data ETF
Data updated: 2022-05-31
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $423 in broker commissions, 0.0161% of average net assets.
C000227684 Fees and Expenses
Annual operating expenses and sales charges of C000227684. Prospectus, as of May 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| 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 |
C000227684 Costs Over Time
On $10,000 invested in C000227684, assuming 5% a year before costs, total costs come to $295 over 5 years, cutting the return by 0.49% 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 0.45%) | $47 | $148 | $259 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $49 | $161 | $295 |
| Value after costs | $10,451 | $11,415 | $12,468 |
| Impact on return, per year | 0.49% | 0.49% | 0.49% |
C000227684 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): 0.0161%
- Total broker commissions: $423
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
C000227684 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $423 | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.