HDAW Fees and Costs — Xtrackers MSCI All World ex US High Dividend Yield Equity ETF
Data updated: 2024-08-13
The net expense ratio is 0.20%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $420 in broker commissions, 0.0039% of average net assets, and portfolio turnover was 29%.
HDAW Fees and Expenses
Annual operating expenses and sales charges of HDAW. Prospectus, as of September 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.20% |
| Fee waiver | — |
| Net expense ratio | 0.20% |
| 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 |
HDAW Costs Over Time
On $10,000 invested in HDAW, assuming 5% a year before costs, total costs come to $130 over 5 years, cutting the return by 0.21% 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 0.20%) | $21 | $66 | $116 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $21 | $71 | $130 |
| Value after costs | $10,479 | $11,506 | $12,633 |
| Impact on return, per year | 0.21% | 0.21% | 0.21% |
HDAW Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0039%
- Total broker commissions: $420
- Bought from dealers (principal trades, not a cost): $5.7M
- Portfolio turnover (prospectus): 29%
- Securities on loan, average value: $34K
- Net income from securities lending: $717 (0.007% of average net assets)
HDAW Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $162 | 38.48% |
| CitiGroup Global Markets Inc. | $85 | 20.19% |
| BOFA SECURITIES, INC. | $81 | 19.24% |
| UBS Securities LLC | $58 | 13.78% |
| J.P. Morgan Securities LLC | $21 | 4.99% |
| BARCLAYS CAPITAL, INC. | $9 | 2.14% |
| MORGAN STANLEY & CO. LLC | $5 | 1.19% |
HDAW Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE BANK OF NEW YORK MELLON | $1.5M | 26.16% |
| CitiGroup Global Markets Inc. | $1.1M | 19.42% |
| GOLDMAN SACHS & CO. LLC | $823K | 14.47% |
| UBS SECURITIES LLC | $766K | 13.47% |
| J.P. Morgan Securities LLC | $536K | 9.42% |
| BOFA SECURITIES, INC. | $400K | 7.03% |
| Jane Street Execution Services, LLC | $307K | 5.40% |
| VIRTU AMERICAS LLC | $195K | 3.42% |
| SUSQUEHANNA INVESTMENT GROUP | $52K | 0.91% |
| MORGAN STANLEY & CO. LLC | $16K | 0.28% |
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.