KNGZ Fees and Costs — First Trust S&P 500 Diversified Dividend Aristocrats ETF
Data updated: 2026-08-21
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $8K in broker commissions, 0.0156% of average net assets, and portfolio turnover was 46%.
KNGZ Fees and Expenses
Annual operating expenses and sales charges of KNGZ. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
KNGZ Costs Over Time
On $10,000 invested in KNGZ, assuming 5% a year before costs, total costs come to $326 over 5 years, cutting the return by 0.54% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $54 | $178 | $326 |
| Value after costs | $10,446 | $11,398 | $12,437 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
KNGZ Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0156%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $41.6M
- Portfolio turnover (prospectus): 46%
- Securities lending: none during the year
KNGZ Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $3K | 39.16% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $2K | 30.37% |
| BTIG, LLC | $1K | 16.93% |
| BOFA SECURITIES, INC. | $726 | 8.85% |
| CANTOR FITZGERALD & CO. | $172 | 2.09% |
| CITADEL SECURITIES LLC | $134 | 1.64% |
| RBC CAPITAL MARKETS, LLC | $35 | 0.43% |
| MIZUHO SECURITIES USA LLC | $30 | 0.37% |
| OLD MISSION MARKETS LLC | $14 | 0.17% |
KNGZ Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $22.3M | 53.68% |
| BOFA SECURITIES, INC. | $16.0M | 38.53% |
| CITADEL SECURITIES LLC | $3.2M | 7.79% |
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.