SCDS Fees and Costs — JPMorgan Fundamental Data Science Small Core ETF
Data updated: 2026-09-11
The net expense ratio is 0.40%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1K in broker commissions, 0.0166% of average net assets, and portfolio turnover was 36%.
SCDS Fees and Expenses
Annual operating expenses and sales charges of SCDS. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | — |
| Other expenses | — |
| 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 |
SCDS Costs Over Time
On $10,000 invested in SCDS, assuming 5% a year before costs, total costs come to $264 over 5 years, cutting the return by 0.44% 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) | $2 | $5 | $10 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $44 | $144 | $264 |
| Value after costs | $10,456 | $11,432 | $12,499 |
| Impact on return, per year | 0.44% | 0.44% | 0.44% |
SCDS Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0166%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 36%
- Securities on loan, average value: $137K
- Net income from securities lending: $541 (0.007% of average net assets)
SCDS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citadel Securities LLC | $279 | 22.65% |
| BofA Securities, Inc. | $273 | 22.13% |
| Goldman Sachs & Co. LLC | $214 | 17.40% |
| RBC Capital Markets, LLC | $193 | 15.65% |
| ROBERT W. BAIRD & CO. INCORPORATED | $81 | 6.61% |
| Piper Sandler & Co. | $75 | 6.09% |
| UBS Securities LLC | $58 | 4.72% |
| Virtu Americas LLC | $27 | 2.15% |
| Morgan Stanley & Co. LLC | $20 | 1.63% |
| Jefferies LLC | $12 | 0.98% |
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.