CBRZ Fees and Costs — Tradr 2X Short CBRS Daily ETF
Data updated: 2026-10-09
The net expense ratio is 1.49%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $20K in broker commissions, 0.6599% of average net assets.
CBRZ Fees and Expenses
Annual operating expenses and sales charges of CBRZ. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.49% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 1.49% |
| Fee waiver | — |
| Net expense ratio | 1.49% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
CBRZ Costs Over Time
On $10,000 invested in CBRZ, assuming 5% a year before costs, total costs come to $1,314 over 5 years, cutting the return by 2.26% 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 1.49%) | $156 | $482 | $826 |
| Trading costs (broker commissions) | $69 | $214 | $366 |
| Lost growth on money paid in costs | $0 | $35 | $122 |
| Total costs | $226 | $731 | $1,314 |
| Value after costs | $10,274 | $10,846 | $11,449 |
| Impact on return, per year | 2.26% | 2.26% | 2.26% |
CBRZ 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): 0.6599%
- Total broker commissions: $20K
- Bought from dealers (principal trades, not a cost): $33.9M
- Portfolio turnover (prospectus): —
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.