RGLO Fees and Costs — Global Equity Active ETF
Data updated: 2026-08-24
The net expense ratio is 0.49% (0.59% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $33K in broker commissions, 0.0218% of average net assets, and portfolio turnover was 24%.
RGLO Fees and Expenses
Annual operating expenses and sales charges of RGLO. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.59% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.59% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.49% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
RGLO Costs Over Time
On $10,000 invested in RGLO, assuming 5% a year before costs, total costs come to $323 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $2 | $7 | $13 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $54 | $177 | $323 |
| Value after costs | $10,446 | $11,399 | $12,440 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
RGLO Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0218%
- Total broker commissions: $33K
- Bought from dealers (principal trades, not a cost): $234.5M
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
RGLO Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $15K | 45.31% |
| Jefferies LLC | $5K | 16.74% |
| Goldman Sachs & Co. LLC | $5K | 14.33% |
| Morgan Stanley & Co. LLC | $3K | 8.67% |
| Nomura Securities International, Inc. | $3K | 7.90% |
| Virtu Americas LLC | $804 | 2.51% |
| J.P. Morgan Securities LLC | $656 | 2.05% |
| Agora Corretora de Titulos e Valores Mobiliarios S.A. | $320 | 1.00% |
| Mizuho Securities USA LLC | $262 | 0.82% |
| ABN AMRO Securities (USA) LLC | $214 | 0.67% |
RGLO Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $164.1M | 69.97% |
| State Street Bank and Trust Company | $27.2M | 11.60% |
| Virtu Americas LLC | $16.9M | 7.19% |
| UBS Securities LLC | $15.1M | 6.46% |
| J.P. Morgan Securities LLC | $11.1M | 4.73% |
| Citigroup Global Markets Inc. | $87K | 0.04% |
| BNP Paribas Securities Corp. | $36K | 0.02% |
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.