ION Fees and Costs — ProShares S&P Global Core Battery Metals ETF
Data updated: 2026-08-14
The net expense ratio is 0.58%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $9K in broker commissions, 0.1085% of average net assets, and portfolio turnover was 54%.
ION Fees and Expenses
Annual operating expenses and sales charges of ION. Prospectus, as of May 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.58% |
| Fee waiver | — |
| Net expense ratio | 0.58% |
| 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 |
ION Costs Over Time
On $10,000 invested in ION, assuming 5% a year before costs, total costs come to $433 over 5 years, cutting the return by 0.72% 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 0.58%) | $61 | $191 | $332 |
| Trading costs (broker commissions) | $11 | $36 | $62 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $72 | $237 | $433 |
| Value after costs | $10,428 | $11,339 | $12,329 |
| Impact on return, per year | 0.72% | 0.72% | 0.72% |
ION Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.1085%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $8.7M
- Portfolio turnover (prospectus): 54%
- Securities on loan, average value: $384K
- Net income from securities lending: $12K (0.137% of average net assets)
ION Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $9K | 100.00% |
ION Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $3.6M | 41.00% |
| UBS Securities LLC | $3.2M | 36.20% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $732K | 8.39% |
| Citigroup Global Markets Inc. | $593K | 6.80% |
| Jane Street Capital, LLC | $402K | 4.61% |
| BofA Securities, Inc. | $261K | 3.00% |
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.