OEFA Fees and Costs — ALPS O'Shares International Developed Quality Dividend ETF
Data updated: 2026-07-29
The net expense ratio is 0.48%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $17K in broker commissions, 0.0452% of average net assets, and portfolio turnover was 57%.
OEFA Fees and Expenses
Annual operating expenses and sales charges of OEFA. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.48% |
| Fee waiver | — |
| Net expense ratio | 0.48% |
| 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 |
OEFA Costs Over Time
On $10,000 invested in OEFA, assuming 5% a year before costs, total costs come to $332 over 5 years, cutting the return by 0.55% 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 0.48%) | $50 | $158 | $275 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $9 | $30 |
| Total costs | $55 | $181 | $332 |
| Value after costs | $10,445 | $11,395 | $12,431 |
| Impact on return, per year | 0.55% | 0.55% | 0.55% |
OEFA Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0452%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): $7.1M
- Portfolio turnover (prospectus): 57%
- Securities on loan, average value: $1.6M
- Net income from securities lending: $3K (0.007% of average net assets)
OEFA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH PROFESSIONAL CLEARING CORP. | $17K | 98.45% |
| MIZUHO SECURITIES USA LLC | $267 | 1.55% |
OEFA Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN DISTRIBUTION SERVICES, INC. | $6.3M | 88.31% |
| JANE STREET CAPITAL, LLC | $819K | 11.46% |
| MIZUHO SECURITIES USA LLC | $16K | 0.23% |
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.