C000237309 Fees and Costs — Putnam Emerging Markets ex-China ETF
Data updated: 2026-09-25
The net expense ratio is 0.70% (0.71% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $54K in broker commissions, 0.3504% of average net assets, and portfolio turnover was 78%.
C000237309 Fees and Expenses
Annual operating expenses and sales charges of C000237309. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.71% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.70% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000237309 Costs Over Time
On $10,000 invested in C000237309, assuming 5% a year before costs, total costs come to $656 over 5 years, cutting the return by 1.10% 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 0.70%) | $74 | $229 | $397 |
| Trading costs (broker commissions) | $37 | $115 | $199 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $110 | $361 | $656 |
| Value after costs | $10,390 | $11,215 | $12,106 |
| Impact on return, per year | 1.10% | 1.10% | 1.10% |
C000237309 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.3504%
- Total broker commissions: $54K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 78%
- Securities lending: none during the year
C000237309 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $26K | 48.26% |
| UBS SECURITIES LLC | $8K | 15.69% |
| J.P. Morgan Securities LLC | $5K | 9.86% |
| CitiGroup Global Markets Inc. | $4K | 7.32% |
| GOLDMAN SACHS & CO. LLC | $3K | 6.03% |
| MACQUARIE CAPITAL (USA), INC. | $2K | 4.44% |
| CITIC SECURITIES FINANCE (HK) LIMITED | $2K | 3.78% |
| HSBC SECURITIES (USA) INC. | $1K | 2.72% |
| BARCLAYS CAPITAL, INC. | $524 | 0.98% |
| JEFFERIES LLC | $492 | 0.92% |
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.