C000271519 Fees and Costs — Wedbush LAFFER|TENGLER New Era Value ETF
Data updated: 2026-09-23
The net expense ratio is 0.85%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $380 in broker commissions, 0.0017% of average net assets, and portfolio turnover was 13%.
C000271519 Fees and Expenses
Annual operating expenses and sales charges of C000271519. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.85% |
| Fee waiver | — |
| Net expense ratio | 0.85% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000271519 Costs Over Time
On $10,000 invested in C000271519, assuming 5% a year before costs, total costs come to $534 over 5 years, cutting the return by 0.89% 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 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $89 | $293 | $534 |
| Value after costs | $10,411 | $11,283 | $12,228 |
| Impact on return, per year | 0.89% | 0.89% | 0.89% |
C000271519 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): 0.0017%
- Total broker commissions: $380
- Bought from dealers (principal trades, not a cost): $13.0M
- Portfolio turnover (prospectus): 13%
- Securities lending: none during the year
C000271519 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $380 | 100.00% |
C000271519 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $9.2M | 70.86% |
| VIRTU AMERICAS LLC | $2.0M | 15.52% |
| BOFA SECURITIES, INC. | $1.8M | 13.61% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.