PSD Fees and Costs — GraniteShares 2x Short P Daily ETF
Data updated: 2026-06-30
The net expense ratio is 2.20%: a 2.00% management fee plus 0.20% other expenses. There are no sales loads or redemption fees.
PSD Fees and Expenses
Annual operating expenses and sales charges of PSD. Prospectus, as of May 26, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 2.00% |
| 12b-1 fee | — |
| Other expenses | 0.20% |
| Gross expense ratio | 2.20% |
| Fee waiver | — |
| Net expense ratio | 2.20% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
PSD Costs Over Time
On $10,000 invested in PSD, assuming 5% a year before costs, total costs come to $1,343 over 5 years, cutting the return by 2.31% 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 2.20%) | $231 | $712 | $1,219 |
| Lost growth on money paid in costs | $0 | $36 | $125 |
| Total costs | $231 | $747 | $1,343 |
| Value after costs | $10,269 | $10,829 | $11,419 |
| Impact on return, per year | 2.31% | 2.31% | 2.31% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.