C000259296 Fees and Costs — Simplify Barrier Income ETF
Data updated: 2026-09-11
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $16K in broker commissions, 0.0086% of average net assets, and portfolio turnover was 0%.
C000259296 Fees and Expenses
Annual operating expenses and sales charges of C000259296. Prospectus, as of November 1, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
C000259296 Costs Over Time
On $10,000 invested in C000259296, assuming 5% a year before costs, total costs come to $477 over 5 years, cutting the return by 0.80% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $261 | $477 |
| Value after costs | $10,420 | $11,315 | $12,286 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
C000259296 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0086%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $833.9M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
C000259296 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wolverine Execution Services LLC | $9K | 54.70% |
| JANE STREET EXECUTION SERVICES, LLC | $2K | 12.75% |
| IMC FINANCIAL MARKETS | $2K | 12.65% |
| VIRTU AMERICAS LLC | $2K | 9.57% |
| STONEX FINANCIAL INC. | $1K | 7.17% |
| IMC EXECUTION SERVICES | $300 | 1.84% |
| INTERACTIVE BROKERS, LLC | $215 | 1.32% |
C000259296 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wolverine Execution Services, LLC | $248.9M | 29.86% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $141.2M | 16.94% |
| MORGAN STANLEY & CO. LLC | $114.3M | 13.71% |
| BARCLAYS CAPITAL, INC. | $110.3M | 13.24% |
| JANE STREET EXECUTION SERVICES, LLC | $86.1M | 10.33% |
| GOLDMAN SACHS & CO. LLC | $60.0M | 7.20% |
| STONEX FINANCIAL INC. | $50.8M | 6.09% |
| HSBC SECURITIES (USA), INC. | $20.0M | 2.39% |
| TIGRESS FINANCIAL PARTNERS, LLC | $1.5M | 0.18% |
| CitiGroup Global Markets Inc. | $413K | 0.05% |
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.