JTEK Fees and Costs — JPMorgan U.S. Tech Leaders ETF
Data updated: 2026-09-11
The net expense ratio is 0.65%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $818K in broker commissions, 0.0261% of average net assets, and portfolio turnover was 68%.
JTEK Fees and Expenses
Annual operating expenses and sales charges of JTEK. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| 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 |
JTEK Costs Over Time
On $10,000 invested in JTEK, assuming 5% a year before costs, total costs come to $426 over 5 years, cutting the return by 0.71% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $71 | $233 | $426 |
| Value after costs | $10,429 | $11,343 | $12,337 |
| Impact on return, per year | 0.71% | 0.71% | 0.71% |
JTEK Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0261%
- Total broker commissions: $818K
- Bought from dealers (principal trades, not a cost): $30.6M
- Portfolio turnover (prospectus): 68%
- Securities on loan, average value: $80.1M
- Net income from securities lending: $476K (0.015% of average net assets)
JTEK Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $169K | 25.54% |
| Morgan Stanley & Co. LLC | $103K | 15.55% |
| BofA Securities, Inc. | $59K | 8.99% |
| UBS Securities LLC | $59K | 8.96% |
| BNP Paribas Securities Corp. | $59K | 8.86% |
| RBC Capital Markets, LLC | $58K | 8.81% |
| Piper Sandler & Co. | $53K | 8.03% |
| Barclays Capital, Inc. | $38K | 5.71% |
| Jefferies LLC | $33K | 5.02% |
| Citigroup Global Markets Inc. | $30K | 4.54% |
JTEK Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $23.9M | 77.98% |
| Morgan Stanley & Co. LLC | $6.7M | 22.02% |
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.