C000262948 Fees and Costs — Vistashares Target 15 Acktivist Distribution ETF
Data updated: 2026-10-13
The net expense ratio is 0.95%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $72K in broker commissions, 0.1632% of average net assets.
C000262948 Fees and Expenses
Annual operating expenses and sales charges of C000262948. Prospectus, as of August 18, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.95% |
| Fee waiver | — |
| Net expense ratio | 0.95% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
C000262948 Costs Over Time
On $10,000 invested in C000262948, assuming 5% a year before costs, total costs come to $695 over 5 years, cutting the return by 1.17% 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 0.95%) | $100 | $311 | $538 |
| Trading costs (broker commissions) | $17 | $53 | $93 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $117 | $382 | $695 |
| Value after costs | $10,383 | $11,194 | $12,068 |
| Impact on return, per year | 1.17% | 1.17% | 1.17% |
C000262948 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.1632%
- Total broker commissions: $72K
- Bought from dealers (principal trades, not a cost): $37.5M
- Portfolio turnover (prospectus): —
C000262948 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PERSHING LLC | $17K | 23.43% |
| STONEX FINANCIAL INC. | $15K | 20.81% |
| SIGMA BANK AG | $12K | 16.54% |
| CITADEL SECURITIES LLC | $10K | 13.82% |
| JANE STREET EXECUTION SERVICES LLC | $9K | 13.15% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $8K | 11.31% |
| SUSQUEHANNA FINANCIAL GROUP LLLP | $597 | 0.83% |
| IMC-CHICAGO LLC | $76 | 0.11% |
C000262948 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $37.4M | 99.78% |
| CITADEL SECURITIES LLC | $81K | 0.22% |
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.