FTCE Fees and Costs — First Trust New Constructs Core Earnings Leaders 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, 0.0271% of average net assets, and portfolio turnover was 110%.
FTCE Fees and Expenses
Annual operating expenses and sales charges of FTCE. 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 |
FTCE Costs Over Time
On $10,000 invested in FTCE, assuming 5% a year before costs, total costs come to $395 over 5 years, cutting the return by 0.66% 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 | $344 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $66 | $216 | $395 |
| Value after costs | $10,434 | $11,360 | $12,368 |
| Impact on return, per year | 0.66% | 0.66% | 0.66% |
FTCE 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): 0.0271%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): $98.5M
- Portfolio turnover (prospectus): 110%
- Securities lending: none during the year
FTCE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CANTOR FITZGERALD & CO. | $4K | 32.08% |
| OLD MISSION MARKETS LLC | $4K | 26.08% |
| BTIG, LLC | $4K | 25.94% |
| BOFA SECURITIES, INC. | $2K | 15.49% |
| CITADEL SECURITIES LLC | $57 | 0.41% |
FTCE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $59.2M | 60.12% |
| BOFA SECURITIES, INC. | $29.4M | 29.80% |
| ABN AMRO Clearing USA LLC | $6.2M | 6.29% |
| CITADEL SECURITIES LLC | $3.7M | 3.80% |
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.