GCLN Fees and Costs — Goldman Sachs Bloomberg Clean Energy Equity ETF
Data updated: 2025-03-05
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $2K in broker commissions, 0.0217% of average net assets, and portfolio turnover was 52%.
GCLN Fees and Expenses
Annual operating expenses and sales charges of GCLN. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| 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 |
GCLN Costs Over Time
On $10,000 invested in GCLN, assuming 5% a year before costs, total costs come to $298 over 5 years, cutting the return by 0.50% 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 0.45%) | $47 | $148 | $259 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $50 | $163 | $298 |
| Value after costs | $10,450 | $11,413 | $12,465 |
| Impact on return, per year | 0.50% | 0.50% | 0.50% |
GCLN Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0217%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $305K
- Portfolio turnover (prospectus): 52%
- Securities on loan, average value: $87K
- Net income from securities lending: $2K (0.014% of average net assets)
GCLN Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS LIMITED | $534 | 24.30% |
| BNY MELLON CAPITAL MARKETS, LLC | $399 | 18.17% |
| MORGAN STANLEY & CO. LLC | $347 | 15.80% |
| CITIGROUP GLOBAL MARKETS INC. | $235 | 10.72% |
| INSTINET, LLC | $220 | 10.00% |
| UBS Securities LLC | $123 | 5.58% |
| J.P. MORGAN SECURITIES LLC | $119 | 5.43% |
| CITIGROUP GLOBAL MARKETS KOREA SECURITIES LIMITED | $113 | 5.13% |
| SANFORD C. BERNSTEIN & CO., LLC | $57 | 2.60% |
| MERRILL LYNCH INTERNATIONAL | $50 | 2.28% |
GCLN Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $304K | 99.81% |
| J.P. Morgan Securities LLC | $381 | 0.13% |
| CitiGroup Global Markets Inc. | $200 | 0.07% |
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.