ETU Fees and Costs — T-Rex 2X Long Ether Daily Target ETF
Data updated: 2026-08-26
The net expense ratio is 0.95%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $243K in broker commissions, 1.3674% of average net assets, and portfolio turnover was 0%.
ETU Fees and Expenses
Annual operating expenses and sales charges of ETU. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | — |
| 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 | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
ETU Costs Over Time
On $10,000 invested in ETU, assuming 5% a year before costs, total costs come to $1,412 over 5 years, cutting the return by 2.43% 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 | $307 | $525 |
| Trading costs (broker commissions) | $144 | $442 | $756 |
| Lost growth on money paid in costs | $0 | $37 | $131 |
| Total costs | $243 | $786 | $1,412 |
| Value after costs | $10,257 | $10,790 | $11,351 |
| Impact on return, per year | 2.43% | 2.43% | 2.43% |
ETU Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 1.3674%
- Total broker commissions: $243K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
ETU Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CANTOR FITZGERALD & CO. | $158K | 64.86% |
| CLEAR STREET LLC | $85K | 35.14% |
ETU Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CLEAR STREET LLC | $360K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.