COPJ Fees and Costs — Sprott Junior Copper Miners ETF
Data updated: 2026-08-20
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $36K in broker commissions, 0.1609% of average net assets, and portfolio turnover was 59%.
COPJ Fees and Expenses
Annual operating expenses and sales charges of COPJ. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
COPJ Costs Over Time
On $10,000 invested in COPJ, assuming 5% a year before costs, total costs come to $571 over 5 years, cutting the return by 0.96% 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 0.75%) | $79 | $246 | $427 |
| Trading costs (broker commissions) | $17 | $53 | $92 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $96 | $313 | $571 |
| Value after costs | $10,404 | $11,263 | $12,192 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
COPJ 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): 0.1609%
- Total broker commissions: $36K
- Bought from dealers (principal trades, not a cost): $52.1M
- Portfolio turnover (prospectus): 59%
- Securities on loan, average value: $27.4M
- Net income from securities lending: $89K (0.401% of average net assets)
COPJ Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $32K | 89.75% |
| MERRILL LYNCH PROFESSIONAL CLEARING CORP. | $3K | 8.31% |
| Mischler Financial Group, Inc. | $468 | 1.31% |
| COWEN PRIME SERVICES LLC | $193 | 0.54% |
| MIZUHO SECURITIES USA LLC | $32 | 0.09% |
COPJ Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $19.3M | 43.39% |
| JPMORGAN DISTRIBUTION SERVICES, INC. | $15.4M | 34.68% |
| UBS SECURITIES LLC | $5.1M | 11.50% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $4.6M | 10.44% |
| BTIG, LLC | $0 | 0.00% |
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.