DYFI Fees and Costs — IDX Dynamic Fixed Income ETF
Data updated: 2026-09-25
The net expense ratio is 1.13%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $84K in broker commissions, 0.2229% of average net assets, and portfolio turnover was 473%.
DYFI Fees and Expenses
Annual operating expenses and sales charges of DYFI. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 1.13% |
| Fee waiver | — |
| Net expense ratio | 1.13% |
| 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 |
DYFI Costs Over Time
On $10,000 invested in DYFI, assuming 5% a year before costs, total costs come to $840 over 5 years, cutting the return by 1.42% 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 1.13%) | $119 | $369 | $637 |
| Trading costs (broker commissions) | $23 | $73 | $126 |
| Lost growth on money paid in costs | $0 | $22 | $77 |
| Total costs | $142 | $464 | $840 |
| Value after costs | $10,358 | $11,113 | $11,923 |
| Impact on return, per year | 1.42% | 1.42% | 1.42% |
DYFI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.2229%
- Total broker commissions: $84K
- Bought from dealers (principal trades, not a cost): $55.1M
- Portfolio turnover (prospectus): 473%
- Securities lending: none during the year
DYFI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $55K | 65.18% |
| Mirae Asset Securities (USA) Inc. | $15K | 18.47% |
| Robert W. Baird & Co. Incorporated | $7K | 8.38% |
| Goldman Sachs & Co. LLC | $5K | 6.35% |
| Pershing LLC | $1K | 1.55% |
| Coastal International Security, Inc. | $49 | 0.06% |
| BNY Mellon Capital Markets, LLC | $3 | 0.00% |
DYFI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $27.2M | 49.42% |
| Mirae Asset Securities (USA) Inc. | $13.7M | 24.93% |
| Virtu Americas LLC | $5.1M | 9.26% |
| J.P. Morgan Securities LLC | $4.9M | 8.85% |
| BofA Securities, Inc. | $4.2M | 7.54% |
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.