FSCC Fees and Costs — Federated Hermes MDT Small Cap Core ETF
Data updated: 2026-07-27
The net expense ratio is 0.36%: a 0.46% management fee plus 0.04% other expenses, less a 0.14% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $37K in broker commissions, 0.0821% of average net assets, and portfolio turnover was 74%.
FSCC Fees and Expenses
Annual operating expenses and sales charges of FSCC. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.46% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.50% |
| Fee waiver | −0.14% |
| Net expense ratio | 0.36% |
| 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 |
FSCC Costs Over Time
On $10,000 invested in FSCC, assuming 5% a year before costs, total costs come to $280 over 5 years, cutting the return by 0.46% 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 0.36%) | $38 | $119 | $207 |
| Trading costs (broker commissions) | $9 | $27 | $47 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $46 | $153 | $280 |
| Value after costs | $10,454 | $11,423 | $12,483 |
| Impact on return, per year | 0.46% | 0.46% | 0.46% |
FSCC Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0821%
- Total broker commissions: $37K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 74%
- Securities lending: none during the year
FSCC Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $20K | 54.18% |
| Jefferies LLC | $17K | 45.21% |
| JonesTrading | $153 | 0.41% |
| Goldman Sachs & Co. LLC | $76 | 0.20% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.