FEUZ Fees and Costs — First Trust Eurozone AlphaDEX ETF
Data updated: 2026-08-21
The net expense ratio is 0.80%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $51K in broker commissions, 0.0872% of average net assets, and portfolio turnover was 91%.
FEUZ Fees and Expenses
Annual operating expenses and sales charges of FEUZ. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.80% |
| Fee waiver | — |
| Net expense ratio | 0.80% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
FEUZ Costs Over Time
On $10,000 invested in FEUZ, assuming 5% a year before costs, total costs come to $556 over 5 years, cutting the return by 0.93% 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 0.80%) | $84 | $262 | $456 |
| Trading costs (broker commissions) | $9 | $29 | $50 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $93 | $305 | $556 |
| Value after costs | $10,407 | $11,271 | $12,207 |
| Impact on return, per year | 0.93% | 0.93% | 0.93% |
FEUZ 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): 0.0872%
- Total broker commissions: $51K
- Bought from dealers (principal trades, not a cost): $84.2M
- Portfolio turnover (prospectus): 91%
- Securities on loan, average value: $1.5M
- Net income from securities lending: $12K (0.021% of average net assets)
FEUZ Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $32K | 63.30% |
| J.P. Morgan Securities LLC | $18K | 36.05% |
| GOLDMAN SACHS & CO. LLC | $329 | 0.65% |
FEUZ Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JANE STREET CAPITAL, LLC | $36.9M | 43.80% |
| J.P. Morgan Securities LLC | $29.1M | 34.62% |
| UBS SECURITIES LLC | $13.2M | 15.69% |
| CitiGroup Global Markets Inc. | $2.8M | 3.34% |
| Mizuho Securities USA LLC | $2.1M | 2.54% |
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.