C000248741 Fees and Costs — DailyDelta Q100 Downside Option Strategy ETF
Data updated: 2026-01-26
The net expense ratio is 1.35%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1K in broker commissions, 0.1752% of average net assets.
C000248741 Fees and Expenses
Annual operating expenses and sales charges of C000248741. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 1.35% |
| Fee waiver | — |
| Net expense ratio | 1.35% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000248741 Costs Over Time
On $10,000 invested in C000248741, assuming 5% a year before costs, total costs come to $944 over 5 years, cutting the return by 1.60% 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 1.35%) | $142 | $440 | $759 |
| Trading costs (broker commissions) | $18 | $57 | $98 |
| Lost growth on money paid in costs | $0 | $25 | $87 |
| Total costs | $160 | $522 | $944 |
| Value after costs | $10,340 | $11,055 | $11,819 |
| Impact on return, per year | 1.60% | 1.60% | 1.60% |
C000248741 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1752%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $1.6M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
C000248741 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| StoneX Financial | $1K | 100.00% |
C000248741 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank & Trust Company | $1.6M | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.