LVHD Fees and Costs — Franklin U.S. Low Volatility High Dividend Index ETF
Data updated: 2026-08-27
The net expense ratio is 0.27%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $37K in broker commissions, 0.0064% of average net assets, and portfolio turnover was 30%.
LVHD Fees and Expenses
Annual operating expenses and sales charges of LVHD. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.27% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.27% |
| Fee waiver | — |
| Net expense ratio | 0.27% |
| Sales charges | |
|---|---|
| Max front load | — |
| 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 |
LVHD Costs Over Time
On $10,000 invested in LVHD, assuming 5% a year before costs, total costs come to $175 over 5 years, cutting the return by 0.29% 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 0.27%) | $28 | $89 | $156 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $4 | $16 |
| Total costs | $29 | $96 | $175 |
| Value after costs | $10,471 | $11,481 | $12,587 |
| Impact on return, per year | 0.29% | 0.29% | 0.29% |
LVHD 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): 0.0064%
- Total broker commissions: $37K
- Bought from dealers (principal trades, not a cost): $223.7M
- Portfolio turnover (prospectus): 30%
- Securities lending: none during the year
LVHD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $21K | 56.44% |
| TD SECURITIES (USA) LLC | $5K | 14.67% |
| GOLDMAN SACHS & CO. LLC | $5K | 12.86% |
| CITIGROUP GLOBAL MARKETS INC. | $4K | 10.75% |
| INSTINET, LLC | $2K | 4.04% |
| J.P. MORGAN SECURITIES LLC | $396 | 1.06% |
| MORGAN STANLEY & CO. LLC | $68 | 0.18% |
| BERNSTEIN INSTITUTIONAL SERVICES LLC | $0 | 0.00% |
LVHD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $120.1M | 53.70% |
| GOLDMAN SACHS & CO. LLC | $35.0M | 15.63% |
| CITADEL CLEARING LLC | $28.1M | 12.54% |
| BOFA SECURITIES, INC. | $20.1M | 8.97% |
| VIRTU AMERICAS LLC | $10.0M | 4.49% |
| JANE STREET CAPITAL, LLC | $8.4M | 3.75% |
| J.P. Morgan Securities LLC | $2.1M | 0.92% |
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.