QTUM Fees and Costs — Defiance Quantum ETF
Data updated: 2026-08-28
The net expense ratio is 0.40%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $857K in broker commissions, 0.0473% of average net assets, and portfolio turnover was 42%.
QTUM Fees and Expenses
Annual operating expenses and sales charges of QTUM. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.40% |
| Fee waiver | — |
| Net expense ratio | 0.40% |
| 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 |
QTUM Costs Over Time
On $10,000 invested in QTUM, assuming 5% a year before costs, total costs come to $283 over 5 years, cutting the return by 0.47% 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 0.40%) | $42 | $132 | $230 |
| Trading costs (broker commissions) | $5 | $16 | $27 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $155 | $283 |
| Value after costs | $10,453 | $11,422 | $12,480 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
QTUM 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): 0.0473%
- Total broker commissions: $857K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 42%
- Securities on loan, average value: $209.7M
- Net income from securities lending: $4.0M (0.221% of average net assets)
QTUM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $506K | 58.99% |
| OLD MISSION MARKETS LLC | $351K | 41.01% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.