SLON Fees and Costs — ProShares Ultra Solana ETF
Data updated: 2026-08-14
The net expense ratio is 2.14%: a 0.95% management fee plus 1.19% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $448K in broker commissions, 1.4368% of average net assets.
SLON Fees and Expenses
Annual operating expenses and sales charges of SLON. Prospectus, as of May 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | — |
| Other expenses | 1.19% |
| Gross expense ratio | 2.14% |
| Fee waiver | — |
| Net expense ratio | 2.14% |
| 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 |
SLON Costs Over Time
On $10,000 invested in SLON, assuming 5% a year before costs, total costs come to $2,125 over 5 years, cutting the return by 3.76% 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 2.14%) | $225 | $683 | $1,152 |
| Trading costs (broker commissions) | $151 | $458 | $773 |
| Lost growth on money paid in costs | $0 | $58 | $200 |
| Total costs | $376 | $1,198 | $2,125 |
| Value after costs | $10,124 | $10,378 | $10,638 |
| Impact on return, per year | 3.76% | 3.76% | 3.76% |
SLON 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): 1.4368%
- Total broker commissions: $448K
- Bought from dealers (principal trades, not a cost): $1.1B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
SLON Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ADM Investor Services International Ltd. | $150K | 33.44% |
| StoneX Financial, Inc | $117K | 26.10% |
| MAREX NORTH AMERICA SECURITIES LLC | $99K | 22.04% |
| PHILLIP CAPITAL INC. | $49K | 10.85% |
| Marex Capital Markets, Inc. | $34K | 7.57% |
SLON Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Marex Capital Markets, Inc. | $1.1B | 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.