Expense Ratio History

FPWR expense ratio history

First Trust EIP Power Solutions ETF

Fund company
First Trust
Type
ETF

0.96%

In basis points
96 basis points
Yearly cost per $10,000
$96
Prospectus dated
2 March 2026, filed with the SEC; rounded to 0.01%
Last change
Raised from 0.95% on 1 March 2023

Fee over time

FPWR expense ratio: 0.96% until 1 Mar 2021, then 0.97%; 0.97% until 1 Mar 2022, then 0.95%; 0.95% until 1 Mar 2023, then 0.96%; read at 0.96% on 2 Mar 2026.0.00%0.50%1.00%1.50%Feb 2020Mar 2021Apr 2022May 2023Jun 2024Jul 20250.96% before0.96% from 1 Mar 2023
FPWR expense ratio: 0.96% until 1 Mar 2021, then 0.97%; 0.97% until 1 Mar 2022, then 0.95%; 0.95% until 1 Mar 2023, then 0.96%; read at 0.96% on 2 Mar 2026.0.00%0.50%1.00%1.50%Feb 2020Mar 2022Apr 20240.96% before0.96% from 1 Mar 2023
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Every figure we've recorded

DateFeeWhat happened
2 Mar 2026 0.96% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-03-02 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
5 Sep 2025 0.96% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-09-05 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
3 Mar 2025 0.96% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-03-03 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2024 0.96% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2023 0.96% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2023 0.96% Raised from 0.95% to 0.96%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-02-28
1 Mar 2022 0.95% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2022 0.95% Cut from 0.97% to 0.95%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-02-28
1 Mar 2021 0.97% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2021 0.97% Raised from 0.96% to 0.97%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-02-26
2 Mar 2020 0.96% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-03-02 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.96% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,182 in fees over 10 years

After fees, $10,000 grows to $14,825.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$98
3 years$307
5 years$533
10 years$1,182

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 8 prospectuses for this share class since 2020. Each one is listed above with a link to the filing.

How we read fees

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