LOWV Fees and Costs — AB US Low Volatility Equity ETF
Data updated: 2026-07-24
The net expense ratio is 0.39%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $9K in broker commissions, 0.0075% of average net assets, and portfolio turnover was 34%.
LOWV Fees and Expenses
Annual operating expenses and sales charges of LOWV. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.39% |
| Fee waiver | — |
| Net expense ratio | 0.39% |
| 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 |
LOWV Costs Over Time
On $10,000 invested in LOWV, assuming 5% a year before costs, total costs come to $252 over 5 years, cutting the return by 0.42% 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 0.39%) | $41 | $129 | $224 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $6 | $23 |
| Total costs | $42 | $137 | $252 |
| Value after costs | $10,458 | $11,439 | $12,511 |
| Impact on return, per year | 0.42% | 0.42% | 0.42% |
LOWV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0075%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $124.5M
- Portfolio turnover (prospectus): 34%
- Securities on loan, average value: $180K
- Net income from securities lending: $3K (0.003% of average net assets)
LOWV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $2K | 27.74% |
| BofA Securities, Inc. | $1K | 18.61% |
| Goldman Sachs & Co. LLC | $1K | 15.98% |
| Jefferies LLC | $801 | 10.14% |
| Morgan Stanley & Co. LLC | $526 | 6.66% |
| Barclays Capital Inc. | $448 | 5.68% |
| BMO Capital Markets Corp. | $405 | 5.14% |
| J.P. Morgan Securities LLC | $307 | 3.88% |
| Wells Fargo Securities, LLC | $302 | 3.82% |
| Citigroup Global Markets Inc. | $185 | 2.35% |
LOWV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $87.0M | 69.89% |
| State Street Bank and Trust Company | $37.5M | 30.11% |
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.