SPTE Fees and Costs — SP Funds S&P Global Technology ETF
Data updated: 2026-09-18
The net expense ratio is 0.55%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $13K in broker commissions, 0.0244% of average net assets, and portfolio turnover was 31%.
SPTE Fees and Expenses
Annual operating expenses and sales charges of SPTE. Prospectus, as of February 26, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| 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 |
SPTE Costs Over Time
On $10,000 invested in SPTE, assuming 5% a year before costs, total costs come to $362 over 5 years, cutting the return by 0.60% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $198 | $362 |
| Value after costs | $10,440 | $11,378 | $12,400 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
SPTE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0244%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
SPTE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Credit Agricole Securities (USA) Inc. | $6K | 43.43% |
| Robert W. Baird & Co. Incorporated | $3K | 21.72% |
| CitiGroup Global Markets Inc. | $2K | 11.40% |
| BTIG, LLC | $1K | 10.33% |
| Goldman Sachs & Co. LLC | $1K | 8.32% |
| Merrill Lynch Pierce Fenner & Smith Incorporated | $537 | 3.99% |
| Pershing, LLC | $108 | 0.80% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.