EWSC Fees and Costs — Invesco S&P SmallCap 600 Equal Weight ETF
Data updated: 2023-04-03
The net expense ratio is 0.40%. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $14K in broker commissions, 0.0206% of average net assets, and portfolio turnover was 29%.
EWSC Fees and Expenses
Annual operating expenses and sales charges of EWSC. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | — |
| 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) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
EWSC Costs Over Time
On $10,000 invested in EWSC, assuming 5% a year before costs, total costs come to $266 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 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $44 | $145 | $266 |
| Value after costs | $10,456 | $11,431 | $12,497 |
| Impact on return, per year | 0.44% | 0.44% | 0.44% |
EWSC Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0206%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): $125.8M
- Portfolio turnover (prospectus): 29%
- Securities on loan, average value: $9.5M
- Net income from securities lending: $16K (0.023% of average net assets)
EWSC Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INVESCO CAPITAL MARKETS, INC. | $8K | 55.36% |
| MORGAN STANLEY & CO. LLC | $3K | 18.87% |
| VIRTU AMERICAS LLC | $684 | 4.78% |
| GOLDMAN, SACHS & CO. | $641 | 4.48% |
| WELLS FARGO SECURITIES, LLC | $626 | 4.38% |
| STUART FRANKEL & CO., INC. | $580 | 4.06% |
| COWEN AND COMPANY | $562 | 3.92% |
| CREDIT SUISSE SECURITIES (USA) LLC | $315 | 2.20% |
| CITIGROUP GLOBAL MARKETS INC. | $267 | 1.87% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $12 | 0.09% |
EWSC Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $46.7M | 37.10% |
| GOLDMAN, SACHS & CO. | $23.2M | 18.42% |
| MORGAN STANLEY & CO. LLC | $18.6M | 14.81% |
| CITADEL SECURITIES LLC | $16.5M | 13.08% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $15.4M | 12.26% |
| BNY MELLON CAPITAL MARKETS, LLC | $5.4M | 4.33% |
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.