RHTX Fees and Costs — RH Tactical Outlook ETF
Data updated: 2026-09-28
The net expense ratio is 1.54% (3.50% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2K in broker commissions, 0.0288% of average net assets, and portfolio turnover was 47%.
RHTX Fees and Expenses
Annual operating expenses and sales charges of RHTX. Prospectus, as of September 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | — |
| Other expenses | 2.36% |
| Gross expense ratio | 3.50% |
| Fee waiver | −1.96% |
| Net expense ratio | 1.54% |
| 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 |
RHTX Costs Over Time
On $10,000 invested in RHTX, assuming 5% a year before costs, total costs come to $970 over 5 years, cutting the return by 1.65% 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 1.54%) | $162 | $502 | $865 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $0 | $25 | $89 |
| Total costs | $165 | $536 | $970 |
| Value after costs | $10,335 | $11,040 | $11,793 |
| Impact on return, per year | 1.65% | 1.65% | 1.65% |
RHTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0288%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $2.5M
- Portfolio turnover (prospectus): 47%
- Securities lending: none during the year
RHTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wallachbeth Capital, LLC | $2K | 67.16% |
| GTS Securities, LLC | $593 | 24.26% |
| Clear Street LLC | $97 | 3.97% |
| Mischler Financial Group, Inc. | $86 | 3.54% |
| Goldman Sachs & Co. LLC | $26 | 1.06% |
RHTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UMB Bank, n.a. | $1.1M | 41.71% |
| Goldman Sachs & Co. LLC | $1.0M | 40.70% |
| Merrill Lynch Professional Clearing Corp. | $446K | 17.60% |
| Wallachbeth Capital LLC | $13 | 0.00% |
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.