C000242853 Fees and Costs — Fundamentals First ETF
Data updated: 2026-09-09
The net expense ratio is 1.09%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $3K in broker commissions, 0.0474% of average net assets, and portfolio turnover was 8%.
C000242853 Fees and Expenses
Annual operating expenses and sales charges of C000242853. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 1.09% |
| Fee waiver | — |
| Net expense ratio | 1.09% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000242853 Costs Over Time
On $10,000 invested in C000242853, assuming 5% a year before costs, total costs come to $709 over 5 years, cutting the return by 1.19% 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 1.09%) | $114 | $357 | $617 |
| Trading costs (broker commissions) | $5 | $16 | $27 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $119 | $391 | $709 |
| Value after costs | $10,381 | $11,186 | $12,053 |
| Impact on return, per year | 1.19% | 1.19% | 1.19% |
C000242853 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0474%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 8%
- Securities lending: none during the year
C000242853 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| B. RILEY SECURITIES INC. | $822 | 31.09% |
| CANACCORD GENUITY LLC | $636 | 24.07% |
| MOORS & CABOT, INC. | $523 | 19.81% |
| H.C.WAINWRIGHT & CO., LLC | $306 | 11.57% |
| J.P. MORGAN SECURITIES LLC | $95 | 3.59% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $93 | 3.53% |
| LIBERUM CAPITAL INC | $82 | 3.11% |
| TELSEY ADVISORY GROUP LLC | $35 | 1.33% |
| TCBI SECURITIES INC. | $26 | 0.99% |
| BNP PARIBAS SECURITIES CORP. | $24 | 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.