DIVI Fees and Costs — Franklin International Core Dividend Tilt Index ETF
Data updated: 2026-08-27
The net expense ratio is 0.09%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $599K in broker commissions, 0.0328% of average net assets, and portfolio turnover was 27%.
DIVI Fees and Expenses
Annual operating expenses and sales charges of DIVI. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.09% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.09% |
| Fee waiver | — |
| Net expense ratio | 0.09% |
| 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 | No |
DIVI Costs Over Time
On $10,000 invested in DIVI, assuming 5% a year before costs, total costs come to $78 over 5 years, cutting the return by 0.13% 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 0.09%) | $9 | $30 | $52 |
| Trading costs (broker commissions) | $3 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $2 | $7 |
| Total costs | $13 | $43 | $78 |
| Value after costs | $10,487 | $11,534 | $12,685 |
| Impact on return, per year | 0.13% | 0.13% | 0.13% |
DIVI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0328%
- Total broker commissions: $599K
- Bought from dealers (principal trades, not a cost): $1.3B
- Portfolio turnover (prospectus): 27%
- Securities on loan, average value: $9.5M
- Net income from securities lending: $85K (0.005% of average net assets)
DIVI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $592K | 98.92% |
| J.P. Morgan Securities LLC | $3K | 0.47% |
| GOLDMAN SACHS & CO. LLC | $1K | 0.21% |
| BOFA SECURITIES, INC. | $887 | 0.15% |
| MORGAN STANLEY & CO. LLC | $858 | 0.14% |
| CitiGroup Global Markets Inc. | $565 | 0.09% |
| BARCLAYS CAPITAL, INC. | $35 | 0.01% |
| INSTINET LLC | $20 | 0.00% |
| RBC CAPITAL MARKETS, LLC | $1 | 0.00% |
DIVI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $618.1M | 49.42% |
| UBS SECURITIES LLC | $532.1M | 42.54% |
| BOFA SECURITIES, INC. | $100.5M | 8.03% |
| STATE STREET GLOBAL MARKETS, LLC | $29K | 0.00% |
| MORGAN STANLEY & CO. LLC | $8 | 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.