C000262826 Fees and Costs — Diamond Hill Large Cap Concentrated ETF
Data updated: 2026-08-31
The net expense ratio is 0.55%: a 0.50% management fee plus 0.05% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $8K in broker commissions, 0.0217% of average net assets, and portfolio turnover was 56%.
C000262826 Fees and Expenses
Annual operating expenses and sales charges of C000262826. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | — |
| Other expenses | 0.05% |
| 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 | No |
| Waived fees subject to recoupment | No |
C000262826 Costs Over Time
On $10,000 invested in C000262826, assuming 5% a year before costs, total costs come to $361 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 | $361 |
| Value after costs | $10,440 | $11,379 | $12,402 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
C000262826 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): 0.0217%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 56%
- Securities lending: none during the year
C000262826 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $2K | 28.85% |
| JEFFERIES LLC | $2K | 20.63% |
| PENSERRA SECURITIES LLC | $777 | 10.44% |
| PIPER SANDLER & CO. | $673 | 9.04% |
| MORGAN STANLEY & CO., LLC | $507 | 6.81% |
| BARCLAYS CAPITAL, INC. | $464 | 6.23% |
| INSTINET LLC | $439 | 5.90% |
| COWEN AND COMPANY LLC | $379 | 5.10% |
| EVERCORE GROUP | $295 | 3.96% |
| BIDS TRADING L.P. | $226 | 3.04% |
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.