NXTE Fees and Costs — AXS Green Alpha ETF
Data updated: 2026-08-21
The net expense ratio is 1.00%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $10K in broker commissions, 0.0222% of average net assets, and portfolio turnover was 12%.
NXTE Fees and Expenses
Annual operating expenses and sales charges of NXTE. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 1.00% |
| Fee waiver | — |
| Net expense ratio | 1.00% |
| 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 |
NXTE Costs Over Time
On $10,000 invested in NXTE, assuming 5% a year before costs, total costs come to $639 over 5 years, cutting the return by 1.07% 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 1.00%) | $105 | $328 | $568 |
| Trading costs (broker commissions) | $2 | $7 | $13 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $107 | $351 | $639 |
| Value after costs | $10,393 | $11,225 | $12,124 |
| Impact on return, per year | 1.07% | 1.07% | 1.07% |
NXTE 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): 0.0222%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): $11.1M
- Portfolio turnover (prospectus): 12%
- Securities lending: none during the year
NXTE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| The Depository Trust Company | $9K | 93.87% |
| MIRAE ASSET SECURITIES CO., LT | $415 | 4.34% |
| Goldman Sachs and Co. LLC | $92 | 0.96% |
| CLSA Limited | $79 | 0.83% |
NXTE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $10.0M | 89.94% |
| MIRAE ASSET SECURITIES CO., LT | $830K | 7.50% |
| Goldman Sachs and Co. LLC | $184K | 1.66% |
| CLSA Limited | $99K | 0.90% |
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.