C000262121 Fees and Costs — Zacks Quality International ETF
Data updated: 2026-07-24
The net expense ratio is 0.55%: a 0.44% management fee plus 1.24% other expenses, less a 1.13% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.0145% of average net assets, and portfolio turnover was 8%.
C000262121 Fees and Expenses
Annual operating expenses and sales charges of C000262121. Prospectus, as of April 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.44% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.24% |
| Gross expense ratio | 1.68% |
| Fee waiver | −1.13% |
| 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 | Yes |
C000262121 Costs Over Time
On $10,000 invested in C000262121, assuming 5% a year before costs, total costs come to $356 over 5 years, cutting the return by 0.59% 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 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $59 | $195 | $356 |
| Value after costs | $10,441 | $11,381 | $12,407 |
| Impact on return, per year | 0.59% | 0.59% | 0.59% |
C000262121 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0145%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $45.2M
- Portfolio turnover (prospectus): 8%
- Securities lending: none during the year
C000262121 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MISCHLER FINANCIAL GROUP | $3K | 99.96% |
| GTS MISCHLER | $1 | 0.04% |
C000262121 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $33.8M | 74.72% |
| GOLDMAN SACHS | $11.4M | 25.12% |
| MISCHLER FINANCIAL GROUP | $74K | 0.16% |
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.