HYTR Fees and Costs — Counterpoint High Yield Trend ETF
Data updated: 2026-08-28
The net expense ratio is 0.88% (1.00% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $80K in broker commissions, 0.0746% of average net assets, and portfolio turnover was 278%.
HYTR Fees and Expenses
Annual operating expenses and sales charges of HYTR. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 1.00% |
| Fee waiver | −0.12% |
| Net expense ratio | 0.88% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
HYTR Costs Over Time
On $10,000 invested in HYTR, assuming 5% a year before costs, total costs come to $598 over 5 years, cutting the return by 1.00% 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 0.88%) | $92 | $288 | $500 |
| Trading costs (broker commissions) | $8 | $24 | $42 |
| Lost growth on money paid in costs | $0 | $15 | $55 |
| Total costs | $100 | $328 | $598 |
| Value after costs | $10,400 | $11,248 | $12,165 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
HYTR Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0746%
- Total broker commissions: $80K
- Bought from dealers (principal trades, not a cost): $270.1M
- Portfolio turnover (prospectus): 278%
- Securities on loan, average value: $19.5M
- Net income from securities lending: $108K (0.101% of average net assets)
HYTR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Mischler Financial Group, Inc. | $68K | 85.21% |
| SUSQUEHANNA CAPITAL GROUP | $6K | 7.43% |
| CREDIT SUISSE | $6K | 7.36% |
HYTR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $95.1M | 35.20% |
| JPMORGAN CHASE | $58.2M | 21.57% |
| CHAPIN DAVIS & CO | $38.1M | 14.12% |
| WELLS FARGO BANK | $34.5M | 12.77% |
| VIRTUS Americas LLC | $24.8M | 9.20% |
| GOLDMAN SACHS | $19.3M | 7.14% |
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.