Year ended

December 31, 2021

December 31, 2020

December 31, 2019

Total commissions accrued to brokers

$

26,177

$

102,980

$

7,261

Total commissions as annualized percentage of average total net assets

0.01

%

0.06

%

0.01

%

Commissions accrued as a result of rebalancing

$

18,162

$

35,522

$

6,695

Percentage of commissions accrued as a result of rebalancing

69.38

%

34.49

%

92.20

%

Commissions accrued as a result of creation and redemption activity

$

8,015

$

67,458

$

566

Percentage of commissions accrued as a result of creation and redemption activity

30.62

%

65.51

%

7.80

%