C000233863 Fees and Costs — Sprott Uranium Miners ETF
Data updated: 2026-08-20
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $760K in broker commissions, 0.0471% of average net assets, and portfolio turnover was 35%.
C000233863 Fees and Expenses
Annual operating expenses and sales charges of C000233863. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
C000233863 Costs Over Time
On $10,000 invested in C000233863, assuming 5% a year before costs, total costs come to $501 over 5 years, cutting the return by 0.84% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $5 | $15 | $27 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $275 | $501 |
| Value after costs | $10,416 | $11,302 | $12,262 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
C000233863 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0471%
- Total broker commissions: $760K
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 35%
- Securities on loan, average value: $1.9B
- Net income from securities lending: $1.5M (0.094% of average net assets)
C000233863 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MISCHLER FINANCIAL GROUP, INC. | $572K | 75.24% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $47K | 6.13% |
| BTIG, LLC | $46K | 6.07% |
| Bank Of America Merrill Lynch | $37K | 4.90% |
| MIZUHO SECURITIES USA LLC | $32K | 4.18% |
| Cowen Group | $25K | 3.34% |
| Old Mission | $1K | 0.15% |
| JEFFERIES LLC | $2 | 0.00% |
C000233863 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $617.4M | 62.10% |
| JPMORGAN DISTRIBUTION SERVICES, INC. | $203.8M | 20.50% |
| UBS SECURITIES LLC | $172.3M | 17.33% |
| MIRAE ASSET SECURITIES (USA) INC. | $553K | 0.06% |
| MERRILL LYNCH PROFESSIONAL CLEARING CORP. | $142K | 0.01% |
| MISCHLER FINANCIAL GROUP, INC. | $0 | 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.