VEM Fees and Costs — Virtus Emerging Markets Dividend ETF
Data updated: 2026-10-13
The net expense ratio is 0.49%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $16K in broker commissions, 0.2066% of average net assets.
VEM Fees and Expenses
Annual operating expenses and sales charges of VEM. Prospectus, as of February 4, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.49% |
| Fee waiver | — |
| Net expense ratio | 0.49% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
VEM Costs Over Time
On $10,000 invested in VEM, assuming 5% a year before costs, total costs come to $438 over 5 years, cutting the return by 0.73% 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 0.49%) | $51 | $161 | $280 |
| Trading costs (broker commissions) | $22 | $68 | $118 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $240 | $438 |
| Value after costs | $10,427 | $11,336 | $12,324 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
VEM Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.2066%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $5.4M
- Portfolio turnover (prospectus): —
VEM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA Securities Inc, | $7K | 45.22% |
| JEFFERIES LLC | $5K | 31.91% |
| CITIGROUP GLOBAL MARKETS INC. | $2K | 12.23% |
| HSBC SECURITIES (USA) INC. | $1K | 8.82% |
| CREDIT AGRICOLE SECURITIES (USA), INC. | $285 | 1.82% |
VEM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JP MORGAN SECURITIES LLC | $4.1M | 75.37% |
| BOFA SECURITIES, INC. | $1.3M | 24.63% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.