FPXI Fees and Costs — First Trust International Equity Opportunities ETF
Data updated: 2026-08-21
The net expense ratio is 0.70%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $225K in broker commissions, 0.1422% of average net assets, and portfolio turnover was 118%.
FPXI Fees and Expenses
Annual operating expenses and sales charges of FPXI. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.70% |
| Fee waiver | — |
| Net expense ratio | 0.70% |
| 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 |
FPXI Costs Over Time
On $10,000 invested in FPXI, assuming 5% a year before costs, total costs come to $528 over 5 years, cutting the return by 0.88% 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 0.70%) | $74 | $230 | $399 |
| Trading costs (broker commissions) | $15 | $47 | $81 |
| Lost growth on money paid in costs | $0 | $14 | $48 |
| Total costs | $88 | $290 | $528 |
| Value after costs | $10,412 | $11,286 | $12,234 |
| Impact on return, per year | 0.88% | 0.88% | 0.88% |
FPXI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.1422%
- Total broker commissions: $225K
- Bought from dealers (principal trades, not a cost): $51.3M
- Portfolio turnover (prospectus): 118%
- Securities on loan, average value: $2.9M
- Net income from securities lending: $63K (0.040% of average net assets)
FPXI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $125K | 55.86% |
| GOLDMAN SACHS & CO. LLC | $87K | 38.58% |
| J.P. MORGAN SECURITIES LLC | $9K | 3.97% |
| MIZUHO SECURITIES USA LLC | $3K | 1.29% |
| UBS Securities LLC | $662 | 0.29% |
| CITIGROUP GLOBAL MARKETS INC. | $17 | 0.01% |
FPXI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $41.0M | 79.94% |
| MIZUHO SECURITIES USA, INC. | $8.6M | 16.74% |
| UBS SECURITIES LLC | $1.7M | 3.32% |
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.