SEMY Fees and Costs — GraniteShares YieldBOOST Semiconductor ETF
Data updated: 2026-09-11
The net expense ratio is 1.07%: a 0.99% management fee plus 0.08% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $900K in broker commissions, 1.4904% of average net assets.
SEMY Fees and Expenses
Annual operating expenses and sales charges of SEMY. Prospectus, as of October 24, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.99% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.08% |
| Gross expense ratio | 1.07% |
| Fee waiver | — |
| Net expense ratio | 1.07% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SEMY Costs Over Time
On $10,000 invested in SEMY, assuming 5% a year before costs, total costs come to $1,552 over 5 years, cutting the return by 2.69% 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 1.07%) | $112 | $345 | $588 |
| Trading costs (broker commissions) | $156 | $480 | $819 |
| Lost growth on money paid in costs | $0 | $41 | $145 |
| Total costs | $269 | $867 | $1,552 |
| Value after costs | $10,231 | $10,710 | $11,210 |
| Impact on return, per year | 2.69% | 2.69% | 2.69% |
SEMY 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): 1.4904%
- Total broker commissions: $900K
- Bought from dealers (principal trades, not a cost): $52.6M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
SEMY Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Stonex Securities Inc. | $900K | 100.00% |
SEMY Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $52.6M | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.