LVDS Fees and Costs — JPMorgan Fundamental Data Science Large Value ETF
Data updated: 2026-09-11
The net expense ratio is 0.30%: a 0.30% management fee plus 0.21% other expenses, less a 0.21% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $3K in broker commissions, 0.0034% of average net assets, and portfolio turnover was 19%.
LVDS Fees and Expenses
Annual operating expenses and sales charges of LVDS. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | — |
| Other expenses | 0.21% |
| Gross expense ratio | 0.51% |
| Fee waiver | −0.21% |
| Net expense ratio | 0.30% |
| 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 |
LVDS Costs Over Time
On $10,000 invested in LVDS, assuming 5% a year before costs, total costs come to $192 over 5 years, cutting the return by 0.32% 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 0.30%) | $32 | $99 | $173 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $32 | $105 | $192 |
| Value after costs | $10,468 | $11,471 | $12,570 |
| Impact on return, per year | 0.32% | 0.32% | 0.32% |
LVDS 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): 0.0034%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $34K
- Portfolio turnover (prospectus): 19%
- Securities on loan, average value: $0
- Net income from securities lending: $4 (0.000% of average net assets)
LVDS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $1K | 41.73% |
| Citadel Securities LLC | $775 | 22.83% |
| TD SECURITIES (USA) LLC | $282 | 8.31% |
| Goldman Sachs & Co. LLC | $238 | 7.02% |
| BofA Securities, Inc. | $211 | 6.20% |
| Citigroup Global Markets Inc. | $210 | 6.18% |
| ROBERT W. BAIRD & CO. INCORPORATED | $93 | 2.75% |
| Morgan Stanley & Co. LLC | $87 | 2.56% |
| BMO Capital Markets Corp. | $56 | 1.64% |
| BNP Paribas Securities Corp. | $27 | 0.79% |
LVDS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wedbush Securities Inc. | $34K | 100.00% |
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.