MCDS Fees and Costs — JPMorgan Fundamental Data Science Mid Core ETF
Data updated: 2026-09-11
The net expense ratio is 0.35%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $381 in broker commissions, 0.0053% of average net assets, and portfolio turnover was 29%.
MCDS Fees and Expenses
Annual operating expenses and sales charges of MCDS. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.35% |
| Fee waiver | — |
| Net expense ratio | 0.35% |
| 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 |
MCDS Costs Over Time
On $10,000 invested in MCDS, assuming 5% a year before costs, total costs come to $225 over 5 years, cutting the return by 0.37% 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 0.35%) | $37 | $115 | $202 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $37 | $123 | $225 |
| Value after costs | $10,463 | $11,453 | $12,538 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
MCDS 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): 0.0053%
- Total broker commissions: $381
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 29%
- Securities on loan, average value: $27K
- Net income from securities lending: $40 (0.001% of average net assets)
MCDS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citadel Securities LLC | $127 | 33.68% |
| RBC Capital Markets, LLC | $112 | 29.50% |
| TD SECURITIES (USA) LLC | $40 | 10.63% |
| Virtu Americas LLC | $33 | 8.62% |
| Goldman Sachs & Co. LLC | $29 | 7.62% |
| Piper Sandler & Co. | $13 | 3.42% |
| BofA Securities, Inc. | $8 | 2.20% |
| ROBERT W. BAIRD & CO. INCORPORATED | $8 | 2.06% |
| BMO Capital Markets Corp. | $5 | 1.25% |
| BNP Paribas Securities Corp. | $4 | 1.03% |
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.