WEED Fees and Costs — Roundhill Cannabis ETF
Data updated: 2026-08-26
The net expense ratio is 0.41%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $41K in broker commissions, 0.6526% of average net assets, and portfolio turnover was 23%.
WEED Fees and Expenses
Annual operating expenses and sales charges of WEED. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.41% |
| Fee waiver | — |
| Net expense ratio | 0.41% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
WEED Costs Over Time
On $10,000 invested in WEED, assuming 5% a year before costs, total costs come to $664 over 5 years, cutting the return by 1.12% 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 0.41%) | $43 | $134 | $233 |
| Trading costs (broker commissions) | $69 | $214 | $370 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $112 | $365 | $664 |
| Value after costs | $10,388 | $11,211 | $12,099 |
| Impact on return, per year | 1.12% | 1.12% | 1.12% |
WEED Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.6526%
- Total broker commissions: $41K
- Bought from dealers (principal trades, not a cost): $49.2M
- Portfolio turnover (prospectus): 23%
- Securities lending: none during the year
WEED Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| NOMURA SECURITIES INTERNATIONAL INC. | $41K | 98.59% |
| VIRTU AMERICAS LLC | $515 | 1.24% |
| BOFA SECURITIES INC. | $43 | 0.10% |
| CITIGROUP GLOBAL MARKETS INC. | $27 | 0.07% |
WEED Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL INC. | $21.8M | 44.44% |
| CITADEL SECURITIES LLC | $20.4M | 41.53% |
| BMO CAPITAL MARKETS CORP. | $6.9M | 14.03% |
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.