USAI Fees and Costs — Pacer American Energy Indepedence ETF
Data updated: 2026-09-29
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $23K in broker commissions, 0.0425% of average net assets, and portfolio turnover was 24%.
USAI Fees and Expenses
Annual operating expenses and sales charges of USAI. Prospectus, as of February 28, 2026.
| 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 |
USAI Costs Over Time
On $10,000 invested in USAI, assuming 5% a year before costs, total costs come to $498 over 5 years, cutting the return by 0.83% 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 | $428 |
| Trading costs (broker commissions) | $4 | $14 | $24 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $83 | $273 | $498 |
| Value after costs | $10,417 | $11,303 | $12,265 |
| Impact on return, per year | 0.83% | 0.83% | 0.83% |
USAI 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): 0.0425%
- Total broker commissions: $23K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 24%
- Securities on loan, average value: $8.6M
- Net income from securities lending: $113K (0.213% of average net assets)
USAI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAY INVESTMENTS LLC | $11K | 47.79% |
| MERRILL LYNCH PROFESSIONAL CLEARING CORP. | $6K | 26.25% |
| RBC CAPITAL MARKETS, LLC | $5K | 23.19% |
| MIRAE ASSET SECURITIES (USA) INC. | $217 | 0.96% |
| CITIGROUP GLOBAL MARKETS INC. | $204 | 0.90% |
| J.P. MORGAN CHASE | $113 | 0.50% |
| BAYPOINT TRADING LLC/BASS TRADING | $48 | 0.21% |
| WALLACHBETH CAPITAL LLC | $44 | 0.20% |
| GOLDMAN SACHS & CO | $2 | 0.01% |
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.