THLV Fees and Costs — THOR Equal Weight Low Volatility ETF
Data updated: 2026-07-28
The net expense ratio is 0.64%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $79K in broker commissions, 0.1120% of average net assets, and portfolio turnover was 519%.
THLV Fees and Expenses
Annual operating expenses and sales charges of THLV. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.64% |
| Fee waiver | — |
| Net expense ratio | 0.64% |
| 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 |
THLV Costs Over Time
On $10,000 invested in THLV, assuming 5% a year before costs, total costs come to $473 over 5 years, cutting the return by 0.79% 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 0.64%) | $67 | $210 | $366 |
| Trading costs (broker commissions) | $12 | $37 | $64 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $259 | $473 |
| Value after costs | $10,421 | $11,317 | $12,290 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
THLV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1120%
- Total broker commissions: $79K
- Bought from dealers (principal trades, not a cost): $92.3M
- Portfolio turnover (prospectus): 519%
- Securities lending: none during the year
THLV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Mischler Financial Group, Inc. | $79K | 99.89% |
| GTS Mischler | $83 | 0.11% |
THLV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| VIRTU FINANCIAL | $53.9M | 58.40% |
| GOLDMAN SACHS | $25.3M | 27.43% |
| Bank of America Merrill Lynch | $13.1M | 14.17% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.