SUBZ Fees and Costs — Roundhill Streaming Services & Technology ETF
Data updated: 2022-05-27
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $30K in broker commissions, 0.0985% of average net assets.
SUBZ Fees and Expenses
Annual operating expenses and sales charges of SUBZ. Prospectus, as of January 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
SUBZ Costs Over Time
On $10,000 invested in SUBZ, assuming 5% a year before costs, total costs come to $532 over 5 years, cutting the return by 0.89% 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 0.75%) | $79 | $246 | $427 |
| Trading costs (broker commissions) | $10 | $32 | $56 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $89 | $292 | $532 |
| Value after costs | $10,411 | $11,284 | $12,230 |
| Impact on return, per year | 0.89% | 0.89% | 0.89% |
SUBZ Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0985%
- Total broker commissions: $30K
- Bought from dealers (principal trades, not a cost): $1
- Portfolio turnover (prospectus): —
- Securities on loan, average value: $2.0M
- Net income from securities lending: $16K (0.051% of average net assets)
SUBZ Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG LLC | $18K | 59.29% |
| MISCHLER FINANCIAL GROUP, INC. | $11K | 37.51% |
| CLSA AMERICAS, LLC | $563 | 1.86% |
| BNP PARIBAS SECURITIES CORP. | $196 | 0.65% |
| GOLDMAN SACHS & CO. LLC | $163 | 0.54% |
| MIRAE ASSET SECURITIES (USA) INC. | $45 | 0.15% |
SUBZ Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $1 | 100.00% |
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.