LEGR Fees and Costs — First Trust Indxx Innovative Transaction & Process ETF
Data updated: 2026-08-21
The net expense ratio is 0.65%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $13K in broker commissions, 0.0130% of average net assets, and portfolio turnover was 15%.
LEGR Fees and Expenses
Annual operating expenses and sales charges of LEGR. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| 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 |
LEGR Costs Over Time
On $10,000 invested in LEGR, assuming 5% a year before costs, total costs come to $418 over 5 years, cutting the return by 0.70% 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) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $70 | $229 | $418 |
| Value after costs | $10,430 | $11,348 | $12,345 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
LEGR Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0130%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): $24.5M
- Portfolio turnover (prospectus): 15%
- Securities on loan, average value: $712K
- Net income from securities lending: $7K (0.007% of average net assets)
LEGR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $8K | 59.11% |
| GOLDMAN SACHS & CO. LLC | $5K | 38.58% |
| BOFA SECURITIES, INC. | $148 | 1.11% |
| BTIG, LLC | $79 | 0.60% |
| OLD MISSION MARKETS LLC | $79 | 0.60% |
LEGR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $14.6M | 59.61% |
| J.P. Morgan Securities LLC | $9.9M | 40.39% |
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.