TARK Fees and Costs — Tradr 2X Long Innovation ETF
Data updated: 2026-08-24
The net expense ratio is 1.48%: a 0.95% management fee plus 0.83% other expenses, less a 0.30% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $60K in broker commissions, 0.1524% of average net assets, and portfolio turnover was 0%.
TARK Fees and Expenses
Annual operating expenses and sales charges of TARK. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | — |
| Other expenses | 0.83% |
| Gross expense ratio | 1.78% |
| Fee waiver | −0.30% |
| Net expense ratio | 1.48% |
| 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 |
TARK Costs Over Time
On $10,000 invested in TARK, assuming 5% a year before costs, total costs come to $1,008 over 5 years, cutting the return by 1.71% 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 1.48%) | $155 | $482 | $830 |
| Trading costs (broker commissions) | $16 | $50 | $85 |
| Lost growth on money paid in costs | $0 | $26 | $93 |
| Total costs | $171 | $558 | $1,008 |
| Value after costs | $10,329 | $11,019 | $11,755 |
| Impact on return, per year | 1.71% | 1.71% | 1.71% |
TARK Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.1524%
- Total broker commissions: $60K
- Bought from dealers (principal trades, not a cost): $198.4M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
TARK Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $60K | 100.00% |
TARK Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $198.4M | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.