Expense Ratio History

CYA expense ratio history

Simplify Tail Risk Strategy ETF

Fund company
Simplify Exchange Traded
Type
ETF

1.64%

In basis points
164 basis points
Yearly cost per $10,000
$164
Prospectus dated
1 November 2023, filed with the SEC; rounded to 0.01%
Last change
Raised from 1.09% on 1 November 2023

Fee over time

CYA expense ratio: 0.75% until 28 Oct 2022, then 1.09%; 1.09% until 1 Nov 2023, then 1.64%; read at 1.64% on 1 Nov 2023.0.00%1.00%2.00%3.00%Aug 2021Jan 2022Jun 2022Nov 2022Apr 2023Sep 20230.75% before1.64% from 1 Nov 2023
CYA expense ratio: 0.75% until 28 Oct 2022, then 1.09%; 1.09% until 1 Nov 2023, then 1.64%; read at 1.64% on 1 Nov 2023.0.00%1.00%2.00%3.00%Aug 2021Jun 2022Apr 20230.75% before1.64% 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 1.64% 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 1.64% Raised from 1.09% to 1.64%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-10-27
9 Mar 2023 1.09% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-03-09 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
7 Mar 2023 1.09% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-03-07 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
28 Oct 2022 1.09% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-10-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Oct 2022 1.09% Raised from 0.75% to 1.09%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-10-27
10 Aug 2021 0.75% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-08-10 (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 1.64% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,956 in fees over 10 years

After fees, $10,000 grows to $13,861.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$168
3 years$521
5 years$898
10 years$1,956

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 5 prospectuses for this share class since 2021. Each one is listed above with a link to the filing.

How we read fees

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