DUBS Fees and Costs — Aptus Large Cap Enhanced Yield ETF
Data updated: 2026-09-29
The net expense ratio is 0.40%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $46K in broker commissions, 0.0172% of average net assets, and portfolio turnover was 93%.
DUBS Fees and Expenses
Annual operating expenses and sales charges of DUBS. Prospectus, as of August 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.40% |
| Fee waiver | — |
| Net expense ratio | 0.40% |
| 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 |
DUBS Costs Over Time
On $10,000 invested in DUBS, assuming 5% a year before costs, total costs come to $264 over 5 years, cutting the return by 0.44% 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 0.40%) | $42 | $132 | $230 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $44 | $144 | $264 |
| Value after costs | $10,456 | $11,432 | $12,499 |
| Impact on return, per year | 0.44% | 0.44% | 0.44% |
DUBS 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): 0.0172%
- Total broker commissions: $46K
- Bought from dealers (principal trades, not a cost): $45.1M
- Portfolio turnover (prospectus): 93%
- Securities lending: none during the year
DUBS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $41K | 89.07% |
| RBC CAPITAL MARKETS, LLC | $3K | 6.27% |
| GOLDMAN SACHS & CO. LLC | $2K | 3.41% |
| RAYMOND JAMES & ASSOCIATES, INC. | $574 | 1.25% |
DUBS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $15.6M | 34.51% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $15.4M | 34.17% |
| RBC CAPITAL MARKETS, LLC | $7.4M | 16.38% |
| CITIGROUP GLOBAL MARKETS INC. | $6.3M | 14.07% |
| CITADEL SECURITIES LLC | $394K | 0.87% |
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.