NXTI Fees and Costs — Simplify Next Intangible Core Index ETF
Data updated: 2026-09-11
The net expense ratio is 0.25%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2K in broker commissions, 0.0060% of average net assets, and portfolio turnover was 34%.
NXTI Fees and Expenses
Annual operating expenses and sales charges of NXTI. Prospectus, as of November 1, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| 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 |
NXTI Costs Over Time
On $10,000 invested in NXTI, assuming 5% a year before costs, total costs come to $163 over 5 years, cutting the return by 0.27% 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 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $27 | $89 | $163 |
| Value after costs | $10,473 | $11,488 | $12,600 |
| Impact on return, per year | 0.27% | 0.27% | 0.27% |
NXTI 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): 0.0060%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $34.6M
- Portfolio turnover (prospectus): 34%
- Securities lending: none during the year
NXTI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $2K | 100.00% |
NXTI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $13.8M | 39.77% |
| JANE STREET EXECUTION SERVICES, LLC | $9.8M | 28.43% |
| BOFA SECURITIES, INC. | $6.2M | 18.05% |
| VIRTU AMERICAS LLC | $4.7M | 13.46% |
| Exact Sciences Corporation | $53K | 0.15% |
| CIDARA THERAPEUTICS INC | $50K | 0.14% |
| JUNIPER NETWORKS INC | $3K | 0.01% |
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.