FTXL Fees and Costs — First Trust Nasdaq Semiconductor 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 $62K in broker commissions, 0.0084% of average net assets, and portfolio turnover was 43%.
FTXL Fees and Expenses
Annual operating expenses and sales charges of FTXL. 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 |
FTXL Costs Over Time
On $10,000 invested in FTXL, assuming 5% a year before costs, total costs come to $384 over 5 years, cutting the return by 0.64% 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) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $64 | $210 | $384 |
| Value after costs | $10,436 | $11,366 | $12,379 |
| Impact on return, per year | 0.64% | 0.64% | 0.64% |
FTXL 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): 0.0084%
- Total broker commissions: $62K
- Bought from dealers (principal trades, not a cost): $2.1B
- Portfolio turnover (prospectus): 43%
- Securities lending: none during the year
FTXL Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CANTOR FITZGERALD & CO. | $45K | 73.89% |
| OLD MISSION MARKETS LLC | $16K | 25.92% |
| BTIG, LLC | $80 | 0.13% |
| CITADEL SECURITIES LLC | $39 | 0.06% |
FTXL Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CANTOR FITZGERALD & CO. | $736.4M | 34.98% |
| BOFA SECURITIES, INC. | $403.7M | 19.18% |
| Jane Street Execution Services, LLC | $319.1M | 15.15% |
| BNP PARIBAS SECURITIES CORP. | $205.2M | 9.75% |
| VIRTU AMERICAS LLC | $155.6M | 7.39% |
| RBC CAPITAL MARKETS, LLC | $119.9M | 5.70% |
| GOLDMAN SACHS & CO. LLC | $86.2M | 4.09% |
| CITADEL SECURITIES LLC | $67.5M | 3.21% |
| HRT FINANCIAL LP | $11.8M | 0.56% |
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.