GINN Fees and Costs — Goldman Sachs Innovate Equity ETF
Data updated: 2026-07-24
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $31K in broker commissions, 0.0123% of average net assets, and portfolio turnover was 45%.
GINN Fees and Expenses
Annual operating expenses and sales charges of GINN. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| 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 |
GINN Costs Over Time
On $10,000 invested in GINN, assuming 5% a year before costs, total costs come to $324 over 5 years, cutting the return by 0.54% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $54 | $177 | $324 |
| Value after costs | $10,446 | $11,399 | $12,439 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
GINN Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0123%
- Total broker commissions: $31K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 45%
- Securities on loan, average value: $4.8M
- Net income from securities lending: $234K (0.093% of average net assets)
GINN Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $8K | 26.45% |
| MORGAN STANLEY & CO. LLC | $5K | 16.73% |
| BOFA SECURITIES, INC. | $4K | 13.98% |
| Cowen and Company, LLC | $4K | 12.60% |
| WELLS FARGO SECURITIES, LLC | $3K | 9.76% |
| UBS Securities LLC | $3K | 9.09% |
| J.P. MORGAN SECURITIES LLC | $1K | 3.73% |
| RBC CAPITAL MARKETS, LLC | $946 | 3.10% |
| CITIGROUP GLOBAL MARKETS INC. | $790 | 2.59% |
| MORGAN STANLEY & CO. INTERNATIONAL PLC-SEOUL BRANCH | $597 | 1.96% |
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.