RND Fees and Costs — First Trust Bloomberg R&D Leaders ETF
Data updated: 2026-08-21
The net expense ratio is 0.60%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $179 in broker commissions, 0.0051% of average net assets, and portfolio turnover was 46%.
RND Fees and Expenses
Annual operating expenses and sales charges of RND. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.60% |
| Fee waiver | — |
| Net expense ratio | 0.60% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
RND Costs Over Time
On $10,000 invested in RND, assuming 5% a year before costs, total costs come to $381 over 5 years, cutting the return by 0.64% 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 0.60%) | $63 | $197 | $344 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $64 | $209 | $381 |
| Value after costs | $10,436 | $11,367 | $12,381 |
| Impact on return, per year | 0.64% | 0.64% | 0.64% |
RND Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0051%
- Total broker commissions: $179
- Bought from dealers (principal trades, not a cost): $10.2M
- Portfolio turnover (prospectus): 46%
- Securities lending: none during the year
RND Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $97 | 54.32% |
| BNP Paribas Securities Corp. | $49 | 27.34% |
| CITADEL SECURITIES LLC | $32 | 17.93% |
| OLD MISSION MARKETS LLC | $1 | 0.29% |
| BTIG, LLC | $0 | 0.12% |
RND Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $6.0M | 58.32% |
| BOFA SECURITIES, INC. | $2.7M | 26.71% |
| ABN AMRO Clearing USA LLC | $1.5M | 14.97% |
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.