XDAT Fees and Costs — Franklin Exponential Data ETF
Data updated: 2026-08-27
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $235 in broker commissions, 0.0058% of average net assets, and portfolio turnover was 31%.
XDAT Fees and Expenses
Annual operating expenses and sales charges of XDAT. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| 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 |
XDAT Costs Over Time
On $10,000 invested in XDAT, assuming 5% a year before costs, total costs come to $320 over 5 years, cutting the return by 0.53% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $175 | $320 |
| Value after costs | $10,447 | $11,401 | $12,443 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
XDAT Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0058%
- Total broker commissions: $235
- Bought from dealers (principal trades, not a cost): $1.5M
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
XDAT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| NOMURA SECURITIES INTERNATIONAL, INC. | $46 | 19.67% |
| RBC CAPITAL MARKETS, LLC | $44 | 18.77% |
| INSTINET LLC | $24 | 10.08% |
| CitiGroup Global Markets Inc. | $23 | 9.74% |
| Stifel, Nicolaus & Co., Inc. | $20 | 8.53% |
| Raymond James & Associates, Inc. | $19 | 8.24% |
| BOFA SECURITIES, INC. | $16 | 6.86% |
| PIPER SANDLER & CO. | $16 | 6.75% |
| JEFFERIES LLC | $14 | 6.13% |
| ROBERT W. BAIRD & CO. INC. | $12 | 5.24% |
XDAT Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Macquarie Capital (USA) Inc. | $1.3M | 82.50% |
| J.P. Morgan Securities LLC | $265K | 17.44% |
| STATE STREET GLOBAL MARKETS, LLC | $1K | 0.07% |
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.