Expense Ratio History

SCLZ expense ratio history

Swan Enhanced Dividend Income ETF

Fund company
Northern Trust
Type
ETF

0.79%

In basis points
79 basis points
Yearly cost per $10,000
$79
Prospectus dated
1 November 2025, filed with the SEC; rounded to 0.01%
Last change
Cut from 0.85% on 1 November 2024

Fee over time

SCLZ expense ratio: 0.85% until 1 Nov 2024, then 0.79%; read at 0.79% on 1 Nov 2025.0.00%0.50%1.00%1.50%Feb 2024Jun 2024Oct 2024Feb 2025Jun 2025Oct 20250.85% before0.79% from 1 Nov 2024
SCLZ expense ratio: 0.85% until 1 Nov 2024, then 0.79%; read at 0.79% on 1 Nov 2025.0.00%0.50%1.00%1.50%Feb 2024Oct 2024Jun 20250.85% before0.79% from 1 Nov 2024
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Every figure we've recorded

DateFeeWhat happened
1 Nov 2025 0.79% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2024 0.79% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-11-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Nov 2024 0.79% Cut from 0.85% to 0.79%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2025-06-06
20 Feb 2024 0.85% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-02-20 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.79% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$981 in fees over 10 years

After fees, $10,000 grows to $15,075.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$81
3 years$253
5 years$440
10 years$981

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 3 prospectuses for this share class since 2024. Each one is listed above with a link to the filing.

How we read fees

More Northern Trust funds

The cheapest of 200. All Northern Trust funds.