GSIB Fees and Costs — Themes Global Systemically Important Banks ETF
Data updated: 2026-08-24
The net expense ratio is 0.35%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $1K in broker commissions, 0.0981% of average net assets, and portfolio turnover was 11%.
GSIB Fees and Expenses
Annual operating expenses and sales charges of GSIB. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.35% |
| Fee waiver | — |
| Net expense ratio | 0.35% |
| Sales charges | |
|---|---|
| Max front load | — |
| 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 |
GSIB Costs Over Time
On $10,000 invested in GSIB, assuming 5% a year before costs, total costs come to $283 over 5 years, cutting the return by 0.47% 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 0.35%) | $37 | $115 | $201 |
| Trading costs (broker commissions) | $10 | $32 | $56 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $155 | $283 |
| Value after costs | $10,453 | $11,421 | $12,479 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
GSIB Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0981%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $41K
- Portfolio turnover (prospectus): 11%
- Securities lending: none during the year
GSIB Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GTS SECURITIES LLC | $591 | 51.66% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $201 | 17.57% |
| OLD MISSION MARKETS LLC | $185 | 16.17% |
| GOLDMAN SACHS & CO. LLC | $129 | 11.28% |
| BOFA SECURITIES INC. | $38 | 3.32% |
GSIB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GTS SECURITIES LLC | $37K | 90.55% |
| OLD MISSION MARKETS LLC | $4K | 9.45% |
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.