VERS Fees and Costs — ProShares Metaverse ETF
Data updated: 2026-08-14
The net expense ratio is 0.58%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1K in broker commissions, 0.0177% of average net assets, and portfolio turnover was 51%.
VERS Fees and Expenses
Annual operating expenses and sales charges of VERS. Prospectus, as of May 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.58% |
| Fee waiver | — |
| Net expense ratio | 0.58% |
| 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 |
VERS Costs Over Time
On $10,000 invested in VERS, assuming 5% a year before costs, total costs come to $377 over 5 years, cutting the return by 0.63% 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 0.58%) | $61 | $191 | $332 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $63 | $206 | $377 |
| Value after costs | $10,437 | $11,370 | $12,386 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
VERS Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0177%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $1.1M
- Portfolio turnover (prospectus): 51%
- Securities on loan, average value: $280K
- Net income from securities lending: $7K (0.118% of average net assets)
VERS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Susquehanna Financial Group, LLLP | $954 | 93.37% |
| BNP Paribas Securities Corp. | $68 | 6.63% |
VERS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $610K | 53.73% |
| ABN AMRO Clearing Chicago LLC | $525K | 46.26% |
| Susquehanna Financial Group, LLLP | $118 | 0.01% |
| BNP Paribas Securities Corp. | $43 | 0.00% |
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.