# FINT Bid-Ask Spread, Liquidity and NAV Premium

> FINT trading costs and liquidity: spread, premium to NAV, capacity and dealers, from ETFIQ. Spread, premium to NAV, capacity and dealers, dated.

Data as of Jan 13, 2026. Rebuilt every trading night.

As of Jan 13, 2026. Rebuilt every trading night.

## FINT bid-ask spread and liquidity

In the year to Oct 31, 2025, 4 of FINT’s 11 authorized participants created or redeemed shares.

### IQ Liquidity Score

Not scored, 1 of 6 measured.

A fixed 0 to 100 scale of trading conditions, the same anchors for every fund; 100 is the easiest to trade. It measures how cheaply and reliably the fund can be bought and sold, not whether to own it. How the score is built

Cost to trade Not measured: the issuer's 30-day median spread is not read for this fund Capacity Not measured: 0.0% of its long weight could be measured; the largest part not measured is unresolved Price fidelity Not measured: no closing premium is held for this fund Primary market, 65.0 4 active dealers of 11; largest 61% of creations and redemptions, N-CEN to Oct 31, 2025 Bad-day behaviour Not measured: no daily closing premium is held for this fund Depth Not measured: needs trade and quote data (Phase 2)

### Capacity

Not measured: 0.0% of its long weight could be measured; the largest part not measured is unresolved.

### Dealers

4 active of 11 authorized participants; the largest did 61% of creations and redemptions, in the year to Oct 31, 2025 (Form N-CEN filed Jan 13, 2026).

The active authorized participants, largest first, by share of the dollars created and redeemed: BofA Securities, Inc. (61.0%), Goldman Sachs & Co. LLC (34.3%), J.P. Morgan Securities LLC (2.8%), Virtu Americas LLC (1.9%). 7 more were listed and created or redeemed nothing.

### How to trade FINT

When ETF spreads are usually widest in the first minutes after the open and the last minutes before the close. ETFIQ measures this fund’s own day once it has trade data.

### What retail orders paid

In Sep 2026, retail market orders in FINT paid $3.27 one way on $10,000, against $12 at the quote. 84% of shares filled better than the quote.

| Orders | One way on $10,000 |
| --- | --- |
| All wholesalers read | $3.27 |
| Fidelity customers | $3.01 |
| Schwab customers | $5.11 |

### Where it trades

In Q2 2026, odd lots were 12.8% of FINT’s exchange volume.

### Coming with trade data

Spread through the day, buyers against sellers, an estimate of retail flow, large trades and the closing auction’s share, each once ETFIQ has trade and quote data.

### Questions people ask

Who is the AP for FINT? FINT’s latest Form N-CEN, for the period ending Oct 31, 2025, lists 11 authorized participants (APs), and 4 created or redeemed shares. The largest were BofA Securities, Inc. (61.0%), Goldman Sachs & Co. LLC (34.3%), J.P. Morgan Securities LLC (2.8%) of the dollars its APs created and redeemed. Who is the LMM for FINT? FINT’s lead market maker (LMM) on NYSE Arca is GTS Securities LLC. Lead market maker per NYSE Arca, as of Nov 1, 2026.

### Sources and dates

- Dealers: Form N-CEN, the year to Oct 31, 2025, accession 0002048251-26-000050.

- Retail orders: SEC Rule 605 reports, Sep 2026, from Charles Schwab, G1 Execution Services, Fidelity Brokerage Services, Robinhood, HRT Financial, Jane Street Capital, Vanguard. Computed by ETFIQ. Citadel Securities refused ETFIQ’s request, so its orders are not counted.

- Where it trades: SEC MIDAS, Q2 2026.

### Where to next

The score measures trading conditions, not the fund. ETFIQ is an independent publisher, not an adviser, and makes no recommendations. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, FINT trading: cost, capacity, premium and dealers, data as of Jan 13, 2026. https://etfiq.com/funds/fint/trading/
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/funds/fint/trading/