GDXY Fees and Costs — YieldMax Gold Miners Option Income Strategy ETF
Data updated: 2026-09-28
The net expense ratio is 1.00%: a 0.99% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $959K in broker commissions, 1.1527% of average net assets, and portfolio turnover was 36%.
GDXY Fees and Expenses
Annual operating expenses and sales charges of GDXY. Prospectus, as of February 24, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.99% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 1.00% |
| Fee waiver | — |
| Net expense ratio | 1.00% |
| 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 |
GDXY Costs Over Time
On $10,000 invested in GDXY, assuming 5% a year before costs, total costs come to $1,316 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 1.00%) | $105 | $324 | $555 |
| Trading costs (broker commissions) | $121 | $373 | $639 |
| Lost growth on money paid in costs | $0 | $35 | $122 |
| Total costs | $226 | $732 | $1,316 |
| Value after costs | $10,274 | $10,845 | $11,447 |
| Impact on return, per year | 2.26% | 2.26% | 2.26% |
GDXY Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 1.1527%
- Total broker commissions: $959K
- Bought from dealers (principal trades, not a cost): $302.5M
- Portfolio turnover (prospectus): 36%
- Securities lending: none during the year
GDXY Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| STONEX FINANCIAL INC. | $939K | 97.94% |
| CITADEL SECURITIES LLC | $19K | 1.94% |
| WALLACHBETH CAPITAL LLC | $1K | 0.11% |
GDXY Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| U.S. BANCORP INVESTMENTS INC. | $162.1M | 54.07% |
| MORGAN STANLEY & CO. LLC | $42.8M | 14.26% |
| RBC CAPITAL MARKETS LLC | $22.6M | 7.55% |
| J.P. MORGAN SECURITIES LLC | $21.6M | 7.20% |
| PERSHING LLC | $15.5M | 5.17% |
| BARCLAYS CAPITAL INC. | $10.6M | 3.54% |
| STONEX FINANCIAL INC. | $9.3M | 3.09% |
| JEFFERIES LLC | $8.6M | 2.86% |
| BMO CAPITAL MARKETS CORP. | $3.7M | 1.22% |
| BOFA SECURITIES INC. | $3.1M | 1.03% |
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.