Expense Ratio History

CIZ expense ratio history

VictoryShares Developed Enhanced Volatility Wtd ETF

Fund company
Victory
Type
ETF

0.97%

In basis points
97 basis points
Yearly cost per $10,000
$97
Prospectus dated
1 November 2023, filed with the SEC; rounded to 0.01%
Last change
Raised from 0.83% on 1 November 2023

Fee over time

CIZ expense ratio: 0.71% until 28 Oct 2015, then 1.41%; 1.41% until 1 Nov 2016, then 1.39%; 1.39% until 1 Nov 2017, then 0.88%; 0.88% until 1 Nov 2018, then 0.58%; 0.58% until 1 Nov 2019, then 0.56%; 0.56% until 1 Nov 2020, then 0.66%; 0.66% until 1 Nov 2021, then 0.88%; 0.88% until 1 Nov 2022, then 0.83%; 0.83% until 1 Nov 2023, then 0.97%; read at 0.97% on 1 Nov 2023.0.00%0.50%1.00%1.50%2.00%Jun 2014Feb 2016Oct 2017Jun 2019Feb 2021Oct 20220.71% before0.97% from 1 Nov 2023
CIZ expense ratio: 0.71% until 28 Oct 2015, then 1.41%; 1.41% until 1 Nov 2016, then 1.39%; 1.39% until 1 Nov 2017, then 0.88%; 0.88% until 1 Nov 2018, then 0.58%; 0.58% until 1 Nov 2019, then 0.56%; 0.56% until 1 Nov 2020, then 0.66%; 0.66% until 1 Nov 2021, then 0.88%; 0.88% until 1 Nov 2022, then 0.83%; 0.83% until 1 Nov 2023, then 0.97%; read at 0.97% on 1 Nov 2023.0.00%0.50%1.00%1.50%2.00%Jun 2014Sep 2017Dec 20200.71% before0.97% from 1 Nov 2023
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 2023 0.97% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2023 0.97% Raised from 0.83% to 0.97%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-10-26
1 Nov 2022 0.83% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2022 0.83% Cut from 0.88% to 0.83%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-10-28
1 Nov 2021 0.88% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2021 0.88% Raised from 0.66% to 0.88%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-10-26
1 Nov 2020 0.66% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2020 0.66% Raised from 0.56% to 0.66%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-10-28
1 Nov 2019 0.56% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2019 0.56% Cut from 0.58% to 0.56%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-11-12
1 Nov 2018 0.58% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2018 0.58% Cut from 0.88% to 0.58%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-11-08
1 Nov 2017 0.88% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2017 0.88% Cut from 1.39% to 0.88%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-11-08
1 Nov 2016 1.39% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2016 1.39% Cut from 1.41% to 1.39%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-11-17
28 Oct 2015 1.41% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-10-28 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
28 Oct 2015 1.41% Raised from 0.71% to 1.41%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2016-01-11
30 Jun 2014 0.71% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-06-30 (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 0.97% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,194 in fees over 10 years

After fees, $10,000 grows to $14,811.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$99
3 years$310
5 years$539
10 years$1,194

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 10 prospectuses for this share class since 2014. Each one is listed above with a link to the filing.

How we read fees

More Victory funds

The cheapest of 129. All Victory funds.