SMTH Fees and Costs — ALPS Smith Core Plus Bond ETF
Data updated: 2026-07-29
The net expense ratio is 0.59%. There are no sales loads or redemption fees. Portfolio turnover was 147%.
SMTH Fees and Expenses
Annual operating expenses and sales charges of SMTH. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.59% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.59% |
| Fee waiver | — |
| Net expense ratio | 0.59% |
| 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 |
SMTH Costs Over Time
On $10,000 invested in SMTH, assuming 5% a year before costs, total costs come to $372 over 5 years, cutting the return by 0.62% 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 0.59%) | $62 | $194 | $338 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $62 | $204 | $372 |
| Value after costs | $10,438 | $11,373 | $12,391 |
| Impact on return, per year | 0.62% | 0.62% | 0.62% |
SMTH Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $5.8B
- Portfolio turnover (prospectus): 147%
- Securities lending: none during the year
SMTH Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citadel Securities | $935.3M | 20.75% |
| BARCLAYS CAPITAL INC. | $492.7M | 10.93% |
| MORGAN STANLEY | $469.7M | 10.42% |
| GOLDMAN SACHS & CO. LLC | $431.0M | 9.56% |
| WELLS FARGO SECURITIES, LLC | $416.2M | 9.23% |
| MERRILL LYNCH PROFESSIONAL CLEARING CORP. | $401.3M | 8.90% |
| DEUTSCHE BANK SECURITIES INC. | $371.1M | 8.23% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $350.1M | 7.77% |
| HSBC SECURITIES (USA) INC. | $336.2M | 7.46% |
| CITICORP SECURITIES SERVICES, INC. | $304.3M | 6.75% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.