DYNI Fees and Costs — IDX Dynamic Innovation ETF
Data updated: 2025-06-26
The net expense ratio is 1.05%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $65K in broker commissions, 0.2179% of average net assets, and portfolio turnover was 694%.
DYNI Fees and Expenses
Annual operating expenses and sales charges of DYNI. Prospectus, as of October 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 1.05% |
| Fee waiver | — |
| Net expense ratio | 1.05% |
| 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 |
DYNI Costs Over Time
On $10,000 invested in DYNI, assuming 5% a year before costs, total costs come to $789 over 5 years, cutting the return by 1.33% 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 1.05%) | $110 | $343 | $593 |
| Trading costs (broker commissions) | $23 | $71 | $123 |
| Lost growth on money paid in costs | $0 | $21 | $73 |
| Total costs | $133 | $435 | $789 |
| Value after costs | $10,367 | $11,141 | $11,974 |
| Impact on return, per year | 1.33% | 1.33% | 1.33% |
DYNI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.2179%
- Total broker commissions: $65K
- Bought from dealers (principal trades, not a cost): $112.5M
- Portfolio turnover (prospectus): 694%
- Securities lending: none during the year
DYNI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GTS Securities, LLC | $51K | 77.78% |
| BofA Securities, Inc. | $8K | 12.28% |
| Coastal International Security, Inc. | $5K | 7.63% |
| Goldman Sachs & Co. LLC | $2K | 2.31% |
DYNI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $80.3M | 71.42% |
| Virtu Americas LLC | $20.9M | 18.61% |
| BofA Securities, Inc. | $11.2M | 9.97% |
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.