Expense Ratio History

CPI expense ratio history

IQ Real Return ETF

Fund company
NEW York Life Investments
Type
ETF

0.35%

In basis points
35 basis points
Yearly cost per $10,000
$35
Prospectus dated
31 August 2023, filed with the SEC; rounded to 0.01%
Last change
Raised from 0.33% on 31 August 2023

Fee over time

CPI expense ratio: 0.66% until 28 Aug 2012, then 0.71%; 0.71% until 28 Aug 2013, then 0.68%; 0.68% until 28 Aug 2014, then 0.62%; 0.62% until 29 Aug 2016, then 0.75%; 0.75% until 29 Aug 2017, then 0.66%; 0.66% until 29 Aug 2018, then 0.72%; 0.72% until 28 Aug 2020, then 0.70%; 0.70% until 31 Aug 2021, then 0.66%; 0.66% until 1 Mar 2022, then 0.35%; 0.35% until 31 Aug 2022, then 0.33%; 0.33% until 31 Aug 2023, then 0.35%; read at 0.35% on 31 Aug 2023.0.00%0.25%0.50%0.75%1.00%Aug 2011Sep 2013Oct 2015Nov 2017Dec 2019Jan 20220.66% before0.35% from 31 Aug 2023
CPI expense ratio: 0.66% until 28 Aug 2012, then 0.71%; 0.71% until 28 Aug 2013, then 0.68%; 0.68% until 28 Aug 2014, then 0.62%; 0.62% until 29 Aug 2016, then 0.75%; 0.75% until 29 Aug 2017, then 0.66%; 0.66% until 29 Aug 2018, then 0.72%; 0.72% until 28 Aug 2020, then 0.70%; 0.70% until 31 Aug 2021, then 0.66%; 0.66% until 1 Mar 2022, then 0.35%; 0.35% until 31 Aug 2022, then 0.33%; 0.33% until 31 Aug 2023, then 0.35%; read at 0.35% on 31 Aug 2023.0.00%0.25%0.50%0.75%1.00%Aug 2011Sep 2015Oct 20190.66% before0.35% from 31 Aug 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
31 Aug 2023 0.35% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-08-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Aug 2023 0.35% Raised from 0.33% to 0.35%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-08-28
31 Aug 2022 0.33% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-08-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Aug 2022 0.33% Cut from 0.35% to 0.33%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-08-29
1 Mar 2022 0.35% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2022 0.35% Cut from 0.66% to 0.35%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-02-28
31 Aug 2021 0.66% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-08-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Aug 2021 0.66% Cut from 0.70% to 0.66%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-08-30
28 Aug 2020 0.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-08-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Aug 2020 0.70% Cut from 0.72% to 0.70%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-09-10
29 Aug 2019 0.72% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2018 0.72% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-08-29 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
29 Aug 2018 0.72% Raised from 0.66% to 0.72%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2018-12-14
29 Aug 2017 0.66% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2017 0.66% Cut from 0.75% to 0.66%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-09-11
29 Aug 2016 0.75% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2016 0.75% Raised from 0.62% to 0.75%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-09-14
28 Aug 2015 0.62% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-08-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Aug 2014 0.62% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-08-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Aug 2014 0.62% Cut from 0.68% to 0.62%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2014-09-18
28 Aug 2013 0.68% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-08-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Aug 2013 0.68% Cut from 0.71% to 0.68%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2013-09-16
28 Aug 2012 0.71% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-08-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Aug 2012 0.71% Raised from 0.66% to 0.71%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2012-09-12
29 Aug 2011 0.66% In the prospectusTotal annual fund operating expenses in the prospectus dated 2011-08-29 (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 0.35% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$444 in fees over 10 years

After fees, $10,000 grows to $15,741.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$36
3 years$113
5 years$197
10 years$444

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 14 prospectuses for this share class since 2011. Each one is listed above with a link to the filing.

How we read fees

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