SSPX Fees and Costs — Janus Henderson U.S. Sustainable Equity ETF
Data updated: 2025-09-18
The net expense ratio is 0.55%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $484 in broker commissions, 0.0058% of average net assets, and portfolio turnover was 20%.
SSPX Fees and Expenses
Annual operating expenses and sales charges of SSPX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | — |
| 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) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SSPX Costs Over Time
On $10,000 invested in SSPX, assuming 5% a year before costs, total costs come to $351 over 5 years, cutting the return by 0.58% 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) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $58 | $192 | $351 |
| Value after costs | $10,442 | $11,384 | $12,412 |
| Impact on return, per year | 0.58% | 0.58% | 0.58% |
SSPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0058%
- Total broker commissions: $484
- Bought from dealers (principal trades, not a cost): $3.9M
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
SSPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $131 | 27.60% |
| J.P. Morgan Securities LLC | $73 | 15.39% |
| RBC Capital Markets, LLC | $66 | 13.80% |
| Cowen and Company | $58 | 12.10% |
| Jefferies LLC | $54 | 11.44% |
| CastleOak Securities, L.P. | $37 | 7.79% |
| Morgan Stanley & Co. LLC | $28 | 5.86% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $14 | 3.00% |
| UBS Securities LLC | $12 | 2.62% |
| BofA Securities, Inc. | $2 | 0.42% |
SSPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $2.5M | 63.65% |
| J.P. Morgan Securities LLC | $1.4M | 36.35% |
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.