FCG Fees and Costs — First Trust Natural Gas ETF
Data updated: 2026-08-21
The net expense ratio is 0.59%: a 0.40% management fee plus 0.19% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $193K in broker commissions, 0.0517% of average net assets, and portfolio turnover was 31%.
FCG Fees and Expenses
Annual operating expenses and sales charges of FCG. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.59% |
| Fee waiver | — |
| Net expense ratio | 0.59% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
FCG Costs Over Time
On $10,000 invested in FCG, assuming 5% a year before costs, total costs come to $404 over 5 years, cutting the return by 0.67% 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 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $5 | $17 | $30 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $67 | $221 | $404 |
| Value after costs | $10,433 | $11,355 | $12,359 |
| Impact on return, per year | 0.67% | 0.67% | 0.67% |
FCG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0517%
- Total broker commissions: $193K
- Bought from dealers (principal trades, not a cost): $371.3M
- Portfolio turnover (prospectus): 31%
- Securities on loan, average value: $9.4M
- Net income from securities lending: $104K (0.028% of average net assets)
FCG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| OLD MISSION MARKETS LLC | $92K | 47.47% |
| BTIG, LLC | $48K | 24.70% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $29K | 14.95% |
| CITADEL SECURITIES LLC | $18K | 9.58% |
| CANTOR FITZGERALD & CO. | $3K | 1.43% |
| MIZUHO SECURITIES USA LLC | $1K | 0.64% |
| GOLDMAN SACHS & CO. LLC | $865 | 0.45% |
| J.P. MORGAN SECURITIES LLC | $847 | 0.44% |
| BOFA SECURITIES, INC. | $383 | 0.20% |
| BNP Paribas Securities Corp. | $302 | 0.16% |
FCG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $93.9M | 25.29% |
| CITADEL SECURITIES LLC | $73.4M | 19.77% |
| BOFA SECURITIES, INC. | $69.6M | 18.75% |
| JANE STREET CAPITAL, LLC | $62.3M | 16.77% |
| BNP PARIBAS SECURITIES CORP. | $30.6M | 8.25% |
| RBC CAPITAL MARKETS, LLC | $15.2M | 4.09% |
| ABN AMRO Clearing USA LLC | $10.6M | 2.87% |
| GOLDMAN SACHS & CO. LLC | $8.3M | 2.24% |
| MORGAN STANLEY & CO. LLC | $7.3M | 1.97% |
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.