USDX Fees and Costs — SGI Enhanced Core ETF
Data updated: 2026-07-28
The net expense ratio is 1.08%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $247K in broker commissions, 0.3005% of average net assets, and portfolio turnover was 0%.
USDX Fees and Expenses
Annual operating expenses and sales charges of USDX. Prospectus, as of March 9, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.98% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 1.08% |
| Fee waiver | — |
| Net expense ratio | 1.08% |
| 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 |
USDX Costs Over Time
On $10,000 invested in USDX, assuming 5% a year before costs, total costs come to $857 over 5 years, cutting the return by 1.45% 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 1.08%) | $113 | $352 | $609 |
| Trading costs (broker commissions) | $32 | $98 | $169 |
| Lost growth on money paid in costs | $0 | $22 | $79 |
| Total costs | $145 | $473 | $857 |
| Value after costs | $10,355 | $11,103 | $11,906 |
| Impact on return, per year | 1.45% | 1.45% | 1.45% |
USDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.3005%
- Total broker commissions: $247K
- Bought from dealers (principal trades, not a cost): $91.0M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
USDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INTERACTIVE BROKERS LLC | $247K | 100.00% |
USDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| INTERACTIVE BROKERS LLC | $91.0M | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.