RISR Fees and Costs — FolioBeyond Alternative Income and Interest Rate Hedge ETF
Data updated: 2026-10-13
The net expense ratio is 1.04%: a 0.99% management fee plus 0.04% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $3K in broker commissions, 0.0016% of average net assets, and portfolio turnover was 5%.
RISR Fees and Expenses
Annual operating expenses and sales charges of RISR. Prospectus, as of November 25, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.99% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 1.04% |
| Fee waiver | — |
| Net expense ratio | 1.04% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
RISR Costs Over Time
On $10,000 invested in RISR, assuming 5% a year before costs, total costs come to $651 over 5 years, cutting the return by 1.09% 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 1.04%) | $109 | $341 | $590 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $109 | $358 | $651 |
| Value after costs | $10,391 | $11,218 | $12,112 |
| Impact on return, per year | 1.09% | 1.09% | 1.09% |
RISR Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0016%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $159.4M
- Portfolio turnover (prospectus): 5%
RISR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PHILLIP CAPITAL INC. | $3K | 100.00% |
RISR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL INC. | $43.0M | 26.97% |
| CITIGROUP GLOBAL MARKETS INC. | $38.2M | 23.96% |
| SANTANDER US CAPITAL MARKETS LLC | $21.1M | 13.24% |
| PERSHING LLC | $20.9M | 13.13% |
| BMO CAPITAL MARKETS CORP. | $11.2M | 7.05% |
| GOLDMAN SACHS & CO. LLC | $9.5M | 5.94% |
| MORGAN STANLEY & CO. LLC | $8.2M | 5.15% |
| BNP PARIBAS SECURITIES CORP. | $3.8M | 2.40% |
| CANTOR FITZGERALD & CO. | $2.3M | 1.47% |
| RBC CAPITAL MARKETS LLC | $1.1M | 0.69% |
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.