QRFT Fees and Costs — QRAFT AI-Enhanced U.S. Large Cap ETF
Data updated: 2026-07-14
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $5K in broker commissions, 0.0304% of average net assets, and portfolio turnover was 267%.
QRFT Fees and Expenses
Annual operating expenses and sales charges of QRFT. Prospectus, as of April 30, 2025.
| 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 |
QRFT Costs Over Time
On $10,000 invested in QRFT, assuming 5% a year before costs, total costs come to $490 over 5 years, cutting the return by 0.82% 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) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $82 | $269 | $490 |
| Value after costs | $10,418 | $11,307 | $12,273 |
| Impact on return, per year | 0.82% | 0.82% | 0.82% |
QRFT Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0304%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $16.9M
- Portfolio turnover (prospectus): 267%
- Securities lending: none during the year
QRFT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Mischler Financial Group, Inc. | $4K | 89.61% |
| Jane Street Execution Services, LLC | $473 | 10.39% |
QRFT Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $12.3M | 72.59% |
| Bofa Securities, Inc. | $4.6M | 27.41% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.