JOYT Fees and Costs — JPMorgan Equity and Options Total Return ETF
Data updated: 2026-09-28
The net expense ratio is 0.35%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $8K in broker commissions, 0.0202% of average net assets, and portfolio turnover was 6%.
JOYT Fees and Expenses
Annual operating expenses and sales charges of JOYT. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | — |
| Other expenses | — |
| 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) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
JOYT Costs Over Time
On $10,000 invested in JOYT, assuming 5% a year before costs, total costs come to $234 over 5 years, cutting the return by 0.39% 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) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $39 | $128 | $234 |
| Value after costs | $10,461 | $11,448 | $12,528 |
| Impact on return, per year | 0.39% | 0.39% | 0.39% |
JOYT Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0202%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 6%
- Securities lending: none during the year
JOYT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $6K | 80.86% |
| BofA Securities, Inc. | $1K | 14.68% |
| Jefferies LLC | $289 | 3.81% |
| ROBERT W. BAIRD & CO. INCORPORATED | $26 | 0.34% |
| Virtu Americas LLC | $12 | 0.16% |
| RBC Capital Markets, LLC | $3 | 0.04% |
| Loop Capital Markets LLC | $3 | 0.03% |
| Morgan Stanley & Co. LLC | $2 | 0.03% |
| Fidelity Brokerage Services LLC | $2 | 0.02% |
| Barclays Capital, Inc. | $2 | 0.02% |
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.