WILD Fees and Costs — VistaShares Animal Spirits Daily 2X Strategy ETF
Data updated: 2026-01-15
The net expense ratio is 1.29%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $10K in broker commissions, 0.4929% of average net assets.
WILD Fees and Expenses
Annual operating expenses and sales charges of WILD. Prospectus, as of May 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.29% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 1.29% |
| Fee waiver | — |
| Net expense ratio | 1.29% |
| 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 |
WILD Costs Over Time
On $10,000 invested in WILD, assuming 5% a year before costs, total costs come to $1,098 over 5 years, cutting the return by 1.87% 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 1.29%) | $135 | $419 | $721 |
| Trading costs (broker commissions) | $52 | $160 | $275 |
| Lost growth on money paid in costs | $0 | $29 | $101 |
| Total costs | $187 | $608 | $1,098 |
| Value after costs | $10,313 | $10,968 | $11,665 |
| Impact on return, per year | 1.87% | 1.87% | 1.87% |
WILD Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.4929%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): $563K
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
WILD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MAREX CAPITAL MARKETS INC. | $10K | 100.00% |
WILD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO CAPITAL MARKETS CORP. | $289K | 51.33% |
| GOLDMAN SACHS & CO. LLC | $249K | 44.24% |
| PERSHING LLC | $25K | 4.43% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.