NERD Fees and Costs — Roundhill Video Games ETF
Data updated: 2026-08-26
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $17K in broker commissions, 0.0726% of average net assets, and portfolio turnover was 64%.
NERD Fees and Expenses
Annual operating expenses and sales charges of NERD. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| 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 |
NERD Costs Over Time
On $10,000 invested in NERD, assuming 5% a year before costs, total costs come to $361 over 5 years, cutting the return by 0.60% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $8 | $24 | $42 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $198 | $361 |
| Value after costs | $10,440 | $11,379 | $12,402 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
NERD Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0726%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 64%
- Securities on loan, average value: $1.3M
- Net income from securities lending: $2K (0.009% of average net assets)
NERD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $8K | 48.15% |
| MIRAE ASSET SECURITIES (USA) INC. | $5K | 29.14% |
| BOFA SECURITIES INC. | $1K | 7.69% |
| CLSA AMERICAS LLC | $1K | 6.70% |
| YUANTA SECURITIES CO. LTD. | $875 | 5.24% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $243 | 1.46% |
| PERSHING LLC | $155 | 0.93% |
| CL SECURITIES TAIWAN COMPANY LIMITED | $117 | 0.70% |
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.