KMID Fees and Costs — Virtus KAR Mid-Cap ETF
Data updated: 2026-10-13
The net expense ratio is 0.80%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2K in broker commissions, 0.0041% of average net assets, and portfolio turnover was 10%.
KMID Fees and Expenses
Annual operating expenses and sales charges of KMID. Prospectus, as of November 25, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.80% |
| Fee waiver | — |
| Net expense ratio | 0.80% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
KMID Costs Over Time
On $10,000 invested in KMID, assuming 5% a year before costs, total costs come to $505 over 5 years, cutting the return by 0.84% 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 0.80%) | $84 | $263 | $456 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $277 | $505 |
| Value after costs | $10,416 | $11,299 | $12,258 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
KMID Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0041%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $23.8M
- Portfolio turnover (prospectus): 10%
KMID Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $754 | 49.06% |
| JEFFERIES LLC | $264 | 17.18% |
| Raymond James & Associates, Inc. | $184 | 11.97% |
| MORGAN STANLEY & CO. LLC | $173 | 11.26% |
| GOLDMAN SACHS & CO. LLC | $107 | 6.96% |
| SANFORD C. BERNSTEIN & CO., LLC | $34 | 2.21% |
| BOFA SECURITIES, INC. | $11 | 0.72% |
| VIRTU AMERICAS LLC | $10 | 0.65% |
KMID Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $14.0M | 58.64% |
| BOFA SECURITIES, INC. | $8.7M | 36.40% |
| JP MORGAN SECURITIES LLC | $1.2M | 4.96% |
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.