DPRE Fees and Costs — Virtus Duff & Phelps Real Estate Income ETF
Data updated: 2026-10-13
The net expense ratio is 0.59%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $356 in broker commissions, 0.0098% of average net assets.
DPRE Fees and Expenses
Annual operating expenses and sales charges of DPRE. Prospectus, as of December 22, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.59% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.59% |
| Fee waiver | — |
| Net expense ratio | 0.59% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
DPRE Costs Over Time
On $10,000 invested in DPRE, assuming 5% a year before costs, total costs come to $378 over 5 years, cutting the return by 0.63% 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 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $207 | $378 |
| Value after costs | $10,437 | $11,369 | $12,385 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
DPRE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0098%
- Total broker commissions: $356
- Bought from dealers (principal trades, not a cost): $2.3M
- Portfolio turnover (prospectus): —
DPRE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITADEL SECURITIES LLC | $237 | 66.39% |
| WELLS FARGO SECURITIES, LLC | $53 | 14.85% |
| CITIGROUP GLOBAL MARKETS INC. | $33 | 9.24% |
| BTIG, LLC | $15 | 4.20% |
| BOFA SECURITIES, INC. | $10 | 2.80% |
| J.P. Morgan Securities LLC | $9 | 2.52% |
DPRE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $1.0M | 42.79% |
| MARKETAXESS CORPORATION | $871K | 37.10% |
| J.P. Morgan Securities LLC | $328K | 13.96% |
| WELLS FARGO SECURITIES, LLC | $145K | 6.16% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.