PAWZ Fees and Costs — ProShares Pet Care ETF
Data updated: 2026-08-14
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $7K in broker commissions, 0.0132% of average net assets, and portfolio turnover was 58%.
PAWZ Fees and Expenses
Annual operating expenses and sales charges of PAWZ. Prospectus, as of May 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | — |
| 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 |
PAWZ Costs Over Time
On $10,000 invested in PAWZ, assuming 5% a year before costs, total costs come to $324 over 5 years, cutting the return by 0.54% 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) | $1 | $4 | $8 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $54 | $177 | $324 |
| Value after costs | $10,446 | $11,399 | $12,439 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
PAWZ Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0132%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $31.0M
- Portfolio turnover (prospectus): 58%
- Securities on loan, average value: $223K
- Net income from securities lending: $1K (0.002% of average net assets)
PAWZ Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $7K | 100.00% |
PAWZ Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $15.5M | 50.09% |
| SG Americas Securities, LLC | $8.6M | 27.83% |
| Societe Generale | $3.7M | 11.84% |
| Jane Street Capital, LLC | $1.7M | 5.45% |
| BofA Securities, Inc. | $1.0M | 3.36% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $441K | 1.42% |
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.