NVDX Fees and Costs — T-Rex 2X Long NVIDIA Daily Target ETF
Data updated: 2026-09-11
The net expense ratio is 1.05%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2.4M in broker commissions, 0.4122% of average net assets, and portfolio turnover was 37732%.
NVDX Fees and Expenses
Annual operating expenses and sales charges of NVDX. Prospectus, as of October 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.05% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 1.05% |
| Fee waiver | — |
| Net expense ratio | 1.05% |
| 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 |
NVDX Costs Over Time
On $10,000 invested in NVDX, assuming 5% a year before costs, total costs come to $906 over 5 years, cutting the return by 1.54% 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 1.05%) | $110 | $342 | $591 |
| Trading costs (broker commissions) | $43 | $134 | $232 |
| Lost growth on money paid in costs | $0 | $24 | $83 |
| Total costs | $154 | $500 | $906 |
| Value after costs | $10,346 | $11,076 | $11,857 |
| Impact on return, per year | 1.54% | 1.54% | 1.54% |
NVDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.4122%
- Total broker commissions: $2.4M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 37732%
- Securities lending: none during the year
NVDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Flow Traders U.S. LLC | $875K | 37.13% |
| Instinet, LLC | $745K | 31.64% |
| Cantor Fitzgerald & Co. | $736K | 31.23% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.