YGLD Fees and Costs — Simplify Gold Strategy ETF
Data updated: 2026-09-11
The net expense ratio is 0.62%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $47K in broker commissions, 0.1038% of average net assets, and portfolio turnover was 0%.
YGLD Fees and Expenses
Annual operating expenses and sales charges of YGLD. Prospectus, as of August 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.62% |
| Fee waiver | — |
| Net expense ratio | 0.62% |
| 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 |
YGLD Costs Over Time
On $10,000 invested in YGLD, assuming 5% a year before costs, total costs come to $455 over 5 years, cutting the return by 0.76% 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 0.62%) | $65 | $204 | $354 |
| Trading costs (broker commissions) | $11 | $34 | $59 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $76 | $250 | $455 |
| Value after costs | $10,424 | $11,327 | $12,308 |
| Impact on return, per year | 0.76% | 0.76% | 0.76% |
YGLD Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.1038%
- Total broker commissions: $47K
- Bought from dealers (principal trades, not a cost): $273.8M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
YGLD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wolverine Execution Services LLC | $18K | 38.72% |
| JANE STREET EXECUTION SERVICES, LLC | $14K | 30.32% |
| IMC FINANCIAL MARKETS | $10K | 21.11% |
| STONEX FINANCIAL INC. | $2K | 4.97% |
| IMC EXECUTION SERVICES | $1K | 2.58% |
| VIRTU AMERICAS LLC | $616 | 1.31% |
| OPTIVER US LLC | $238 | 0.51% |
| OLD MISSION MARKETS LLC | $137 | 0.29% |
| GOLDMAN SACHS & CO. LLC | $85 | 0.18% |
YGLD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $108.0M | 39.45% |
| Wolverine Execution Services, LLC | $58.4M | 21.33% |
| JANE STREET EXECUTION SERVICES, LLC | $25.0M | 9.13% |
| BARCLAYS CAPITAL, INC. | $21.6M | 7.90% |
| BNY MELLON CAPITAL MARKETS, LLC | $18.9M | 6.92% |
| GOLDMAN SACHS & CO. LLC | $14.9M | 5.43% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $12.0M | 4.39% |
| STONEX FINANCIAL INC. | $8.3M | 3.04% |
| The Bank of New York Mellon | $6.6M | 2.40% |
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.