C000238214 Fees and Costs — Goldman Sachs Defensive Equity ETF
Data updated: 2024-07-29
The net expense ratio is 0.55%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $1K in broker commissions, 0.0202% of average net assets, and portfolio turnover was 160%.
C000238214 Fees and Expenses
Annual operating expenses and sales charges of C000238214. Prospectus, as of December 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| 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 |
C000238214 Costs Over Time
On $10,000 invested in C000238214, assuming 5% a year before costs, total costs come to $360 over 5 years, cutting the return by 0.60% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $197 | $360 |
| Value after costs | $10,440 | $11,379 | $12,403 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
C000238214 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0202%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $5.6M
- Portfolio turnover (prospectus): 160%
- Securities on loan, average value: $205
- Net income from securities lending: $6 (0.000% of average net assets)
C000238214 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $911 | 66.92% |
| MORGAN STANLEY & CO. INTERNATIONAL PLC | $303 | 22.25% |
| MERRILL LYNCH INTERNATIONAL | $72 | 5.28% |
| CITIGROUP GLOBAL MARKETS INC. | $56 | 4.15% |
| BARCLAYS CAPITAL, INC. | $19 | 1.40% |
C000238214 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $5.6M | 99.16% |
| MORGAN STANLEY & CO. INTERNATIONAL PLC | $29K | 0.51% |
| CitiGroup Global Markets Inc. | $18K | 0.32% |
| BARCLAYS CAPITAL, INC. | $719 | 0.01% |
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.