HOOY Fees and Costs — YieldMax HOOD Option Income Strategy ETF
Data updated: 2026-09-28
The net expense ratio is 0.99%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $965K in broker commissions, 0.6424% of average net assets, and portfolio turnover was 0%.
HOOY Fees and Expenses
Annual operating expenses and sales charges of HOOY. Prospectus, as of February 24, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.99% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.99% |
| Fee waiver | — |
| Net expense ratio | 0.99% |
| 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 |
HOOY Costs Over Time
On $10,000 invested in HOOY, assuming 5% a year before costs, total costs come to $1,008 over 5 years, cutting the return by 1.71% 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 0.99%) | $104 | $322 | $555 |
| Trading costs (broker commissions) | $67 | $209 | $360 |
| Lost growth on money paid in costs | $0 | $26 | $93 |
| Total costs | $171 | $558 | $1,008 |
| Value after costs | $10,329 | $11,019 | $11,755 |
| Impact on return, per year | 1.71% | 1.71% | 1.71% |
HOOY 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): 0.6424%
- Total broker commissions: $965K
- Bought from dealers (principal trades, not a cost): $327.4M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
HOOY Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG LLC | $957K | 99.17% |
| GOLDMAN SACHS & CO. LLC | $4K | 0.45% |
| CITADEL SECURITIES LLC | $3K | 0.33% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $404 | 0.04% |
HOOY Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| U.S. BANCORP INVESTMENTS INC. | $175.4M | 53.56% |
| STONEX FINANCIAL INC. | $32.9M | 10.05% |
| JEFFERIES LLC | $32.3M | 9.86% |
| BMO CAPITAL MARKETS CORP. | $28.0M | 8.55% |
| J.P. MORGAN SECURITIES LLC | $20.1M | 6.14% |
| PERSHING LLC | $18.4M | 5.62% |
| MORGAN STANLEY & CO. LLC | $12.5M | 3.81% |
| RBC CAPITAL MARKETS LLC | $6.0M | 1.82% |
| GOLDMAN SACHS & CO. LLC | $1.9M | 0.59% |
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.