MVP Fees and Costs — Roundhill Pro Sports, Media & Apparel ETF
Data updated: 2022-05-27
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $4K in broker commissions, 0.0459% of average net assets.
MVP Fees and Expenses
Annual operating expenses and sales charges of MVP. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
MVP Costs Over Time
On $10,000 invested in MVP, assuming 5% a year before costs, total costs come to $500 over 5 years, cutting the return by 0.84% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $274 | $500 |
| Value after costs | $10,416 | $11,302 | $12,263 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
MVP Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0459%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): —
- Securities on loan, average value: $150K
- Net income from securities lending: $8K (0.099% of average net assets)
MVP Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG LLC | $3K | 68.65% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $925 | 23.55% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $185 | 4.71% |
| MISCHLER FINANCIAL GROUP, INC. | $120 | 3.06% |
| GOLDMAN SACHS & CO. LLC | $1 | 0.03% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.