IBOT Fees and Costs — VanEck Robotics ETF
Data updated: 2026-08-26
The net expense ratio is 0.47%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.0194% of average net assets, and portfolio turnover was 25%.
IBOT Fees and Expenses
Annual operating expenses and sales charges of IBOT. Prospectus, as of February 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.47% |
| Fee waiver | — |
| Net expense ratio | 0.47% |
| 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 |
IBOT Costs Over Time
On $10,000 invested in IBOT, assuming 5% a year before costs, total costs come to $309 over 5 years, cutting the return by 0.51% 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 0.47%) | $49 | $155 | $270 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $51 | $169 | $309 |
| Value after costs | $10,449 | $11,407 | $12,454 |
| Impact on return, per year | 0.51% | 0.51% | 0.51% |
IBOT Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0194%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $26.7M
- Portfolio turnover (prospectus): 25%
- Securities on loan, average value: $368K
- Net income from securities lending: $2K (0.010% of average net assets)
IBOT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1K | 44.99% |
| UBS Securities LLC | $831 | 28.48% |
| Morgan Stanley & Co. LLC | $592 | 20.31% |
| BofA Securities, Inc. | $124 | 4.25% |
| Citigroup Global Markets Inc. | $58 | 1.97% |
IBOT Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $20.6M | 77.70% |
| Jane Street Capital, LLC | $3.1M | 11.74% |
| Mizuho Securities USA LLC | $2.0M | 7.56% |
| BofA Securities, Inc. | $799K | 3.01% |
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.