THTA Fees and Costs — SoFi Enhanced Yield ETF
Data updated: 2026-07-29
The net expense ratio is 0.65%: a 0.49% management fee plus 0.16% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $148K in broker commissions, 0.3965% of average net assets, and portfolio turnover was 0%.
THTA Fees and Expenses
Annual operating expenses and sales charges of THTA. Prospectus, as of June 25, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| 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 |
THTA Costs Over Time
On $10,000 invested in THTA, assuming 5% a year before costs, total costs come to $654 over 5 years, cutting the return by 1.10% 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 0.65%) | $68 | $213 | $369 |
| Trading costs (broker commissions) | $42 | $130 | $225 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $110 | $360 | $654 |
| Value after costs | $10,390 | $11,217 | $12,109 |
| Impact on return, per year | 1.10% | 1.10% | 1.10% |
THTA Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.3965%
- Total broker commissions: $148K
- Bought from dealers (principal trades, not a cost): $75.5M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
THTA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| IMC-CHICAGO, LLC | $52K | 34.82% |
| JANE STREET EXECUTION SERVICES, LLC | $44K | 29.62% |
| OLD MISSION MARKETS LLC | $20K | 13.84% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $13K | 8.81% |
| STONEX FINANCIAL INC. | $11K | 7.21% |
| BOFA SECURITIES, INC. | $6K | 4.33% |
| SIGMA BANK AG | $2K | 1.37% |
THTA Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| U.S. BANCORP INVESTMENTS INC. | $31.7M | 42.16% |
| MORGAN STANLEY & CO. LLC | $13.3M | 17.74% |
| JEFFERIES LLC | $8.2M | 10.96% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $7.4M | 9.91% |
| ASL CAPITAL MARKETS INC. | $5.8M | 7.66% |
| PERSHING LLC | $5.6M | 7.48% |
| RBC CAPITAL MARKETS, LLC | $1.4M | 1.81% |
| J.P. MORGAN SECURITIES LLC | $756K | 1.01% |
| BMO CAPITAL MARKETS CORP. | $500K | 0.67% |
| WELLS FARGO SECURITIES, LLC | $462K | 0.61% |
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.