ESPO Fees and Costs — VanEck Video Gaming and eSports ETF
Data updated: 2026-08-26
The net expense ratio is 0.55%: a 0.50% management fee plus 0.05% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $134K in broker commissions, 0.0397% of average net assets, and portfolio turnover was 53%.
ESPO Fees and Expenses
Annual operating expenses and sales charges of ESPO. Prospectus, as of February 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | — |
| Other expenses | 0.05% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
ESPO Costs Over Time
On $10,000 invested in ESPO, assuming 5% a year before costs, total costs come to $372 over 5 years, cutting the return by 0.62% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $62 | $204 | $372 |
| Value after costs | $10,438 | $11,373 | $12,391 |
| Impact on return, per year | 0.62% | 0.62% | 0.62% |
ESPO Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0397%
- Total broker commissions: $134K
- Bought from dealers (principal trades, not a cost): $114.3M
- Portfolio turnover (prospectus): 53%
- Securities on loan, average value: $22.5M
- Net income from securities lending: $61K (0.018% of average net assets)
ESPO Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $48K | 35.76% |
| J.P. Morgan Securities LLC | $36K | 26.83% |
| UBS Securities LLC | $26K | 19.24% |
| Citigroup Global Markets Inc. | $20K | 15.06% |
| Morgan Stanley & Co. LLC | $4K | 3.10% |
ESPO Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $90.4M | 79.08% |
| BofA Securities, Inc. | $15.3M | 13.37% |
| UBS Securities LLC | $4.4M | 3.83% |
| Virtu Americas LLC | $4.3M | 3.73% |
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.