Key insights
- Fidelity will impose a $100 fee on purchase trades for over 120 ETFs starting June 1, 2026, primarily impacting smaller issuers who didn't pay platform support fees. This makes small transactions in affected ETFs uneconomical, but major index ETFs are generally unaffected. The impact on the broader US equity market is expected to be minimal.
List of ETFs: TOAK, LDDR, NITE, MSTB, FFND, EMPB, ECML, RMIF, FFLS, KEAT, MSTQ, LFDR, LIAM, SPYA, NRSH, LIBD, LFBE, LIFT, AZTD, TSPX, PRAE, LFAI, BCKT, LFAW, LFAO, LIAU, LIAE, LEXI, EVNT, ARB, ACVF, AOTG, AOTS, IVSI, IVSX, IVSS, VSLU, USAF, BINV, BSMC, BUSA, BWTG, BFIX, CLSE, CUSD, CVAR, BBB, EEE, SSS, XXX, IVES, EAGL, XOVR, BRIF, PRAY, FORH, KONG, HBTC, ADIV, DIVS, GAID, GARA, MOTO, SOLR, GAUD, DEFI, HELS, HECA, HEFT, HGRO, GLDB, DYFI, BIBL, PTL, IBD, FDLS, BLES, WWJD, GLRY, ISMD, RISN, DVDN, KDRN, KCOP, KGLD, KYLD, KSLV, KQQQ, AMZP, AAPY, GOOP, MSFY, NFLP, TSLP, MVPA, MVPL, MPLY, MAGA, PCFI, PCLG, PCHI, PRXG, PRXV, BEGS, RDFI, RSEE, RTAI, RTRE, IPOS, IPO, AAPW, AMDW, AMZW, ARMW, AVGW, BABW, METV, YBTC, BRKW, WEED, MAGC, COIW, COSW, MAGX, YETH, CHAT, OZEM, GDXW, GLDW, GOOW, HOOW, HUMN, QDTE, MAGY, MAGS, MEME, METW, MSFW, MSTW, NFLW, NVDW, PLTW, CABZ, RDTE, XDTE, XDIV, TPAY, XPAY, MARS, BETZ, TSYW, TSLW, UBEW, UNHW, UX, NERD, WEEK, WPAY, LEAD, BLCN, FCTE, RAA, SPRX, TUGN, TUG, GOLY, HNDL, TDAQ, TSPY, TDAX, TSYX, WLTG, DVXC, DVXY, DVXP, DVXE, DVXF, DVXV, DVIN, DVXB, DVQQ, DVRE, DVSP, DVXK, DVUT, EXEQ.
Starting June 1, 2026, Fidelity will charge a $100 fee on purchases of over 120 specific ETFs, primarily affecting smaller issuers that declined to pay a platform support fee. The fee applies to purchase trades, not holding, and can make small transactions uneconomical. Major, large-index ETFs are generally not affected, but popular thematic funds are.