FSGS Fees and Costs — First Trust SMID Growth Strength ETF
Data updated: 2026-08-21
The net expense ratio is 0.60%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $14K in broker commissions, 0.0494% of average net assets, and portfolio turnover was 135%.
FSGS Fees and Expenses
Annual operating expenses and sales charges of FSGS. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.60% |
| Fee waiver | — |
| Net expense ratio | 0.60% |
| 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 |
FSGS Costs Over Time
On $10,000 invested in FSGS, assuming 5% a year before costs, total costs come to $409 over 5 years, cutting the return by 0.68% 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 0.60%) | $63 | $197 | $343 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $11 | $37 |
| Total costs | $68 | $224 | $409 |
| Value after costs | $10,432 | $11,352 | $12,354 |
| Impact on return, per year | 0.68% | 0.68% | 0.68% |
FSGS Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0494%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): $28.2M
- Portfolio turnover (prospectus): 135%
- Securities on loan, average value: $192K
- Net income from securities lending: $4K (0.012% of average net assets)
FSGS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $4K | 30.27% |
| CITADEL SECURITIES LLC | $4K | 25.05% |
| RBC CAPITAL MARKETS, LLC | $4K | 24.71% |
| BTIG, LLC | $3K | 19.77% |
| OLD MISSION MARKETS LLC | $27 | 0.19% |
| CANTOR FITZGERALD & CO. | $2 | 0.02% |
FSGS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $18.1M | 64.38% |
| CITADEL SECURITIES LLC | $8.5M | 30.13% |
| GOLDMAN SACHS & CO. LLC | $1.5M | 5.49% |
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.