Expense Ratio History

SPAK expense ratio history

Defiance Next Gen SPAC Derived ETF

Fund company
ETF Series Solutions
Type
ETF

0.45%

In basis points
45 basis points
Yearly cost per $10,000
$45
Prospectus dated
30 April 2022, filed with the SEC; rounded to 0.01%
Last change
Raised from 0.30% on 29 September 2020

Fee over time

SPAK expense ratio: 0.35% until 10 Nov 2019, then 0.30%; 0.30% until 29 Sep 2020, then 0.45%; read at 0.45% on 30 Apr 2022.0.00%0.20%0.40%0.60%Jul 2018Mar 2019Nov 2019Jul 2020Mar 2021Nov 20210.35% before0.45% from 29 Sep 2020
SPAK expense ratio: 0.35% until 10 Nov 2019, then 0.30%; 0.30% until 29 Sep 2020, then 0.45%; read at 0.45% on 30 Apr 2022.0.00%0.20%0.40%0.60%Jul 2018Nov 2019Mar 20210.35% before0.45% from 29 Sep 2020
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
30 Apr 2022 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Apr 2021 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Sep 2020 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-09-29 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
29 Sep 2020 0.45% Raised from 0.30% to 0.45%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2020-10-01
30 Apr 2020 0.30% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
10 Nov 2019 0.30% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-11-10 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
10 Nov 2019 0.30% Cut from 0.35% to 0.30%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-11-19
27 Jul 2018 0.35% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-07-27 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.45% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$568 in fees over 10 years

After fees, $10,000 grows to $15,587.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$46
3 years$145
5 years$253
10 years$568

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 6 prospectuses for this share class since 2018. Each one is listed above with a link to the filing.

How we read fees

More ETF Series Solutions funds

The cheapest of 100. All ETF Series Solutions funds.