TXXS Fees and Costs — 21Shares 2x Long Sui ETF
Data updated: 2026-08-26
The net expense ratio is 4.55%: a 1.89% management fee plus 2.66% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $5K in broker commissions, 0.5593% of average net assets, and portfolio turnover was 0%.
TXXS Fees and Expenses
Annual operating expenses and sales charges of TXXS. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.89% |
| 12b-1 fee | 0.00% |
| Other expenses | 2.66% |
| Gross expense ratio | 4.55% |
| Fee waiver | — |
| Net expense ratio | 4.55% |
| 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 | No |
TXXS Costs Over Time
On $10,000 invested in TXXS, assuming 5% a year before costs, total costs come to $2,944 over 5 years, cutting the return by 5.36% 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 4.55%) | $478 | $1,428 | $2,371 |
| Trading costs (broker commissions) | $59 | $176 | $291 |
| Lost growth on money paid in costs | $0 | $82 | $281 |
| Total costs | $536 | $1,685 | $2,944 |
| Value after costs | $9,964 | $9,891 | $9,819 |
| Impact on return, per year | 5.36% | 5.36% | 5.36% |
TXXS Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.5593%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $15.0M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
TXXS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ADM SECURITIES, INC | $4K | 80.59% |
| STONEX FINANCIAL INC. | $620 | 13.31% |
| WEDBUSH SECURITIES INC. | $284 | 6.10% |
TXXS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MAREX CAPITAL MARKETS INC. | $15.0M | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.