Expense Ratio History

NANC expense ratio history

Unusual Whales Subversive Democratic Trading ETF

Fund company
Tidal Trust I
Type
ETF

0.72%

In basis points
72 basis points
Yearly cost per $10,000
$72
Prospectus dated
28 January 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 0.74% on 28 January 2026

Fee over time

NANC expense ratio: 0.73% until 28 Jan 2025, then 0.74%; 0.74% until 28 Jan 2026, then 0.72%; read at 0.72% on 28 Jan 2026.0.00%0.25%0.50%0.75%1.00%Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 20260.73% before0.72% from 28 Jan 2026
NANC expense ratio: 0.73% until 28 Jan 2025, then 0.74%; 0.74% until 28 Jan 2026, then 0.72%; read at 0.72% on 28 Jan 2026.0.00%0.25%0.50%0.75%1.00%Dec 2024Jun 2025Dec 20250.73% before0.72% from 28 Jan 2026
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
28 Jan 2026 0.72% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-01-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Jan 2026 0.72% Cut from 0.74% to 0.72%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2026-01-27
28 Jan 2025 0.74% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-01-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Jan 2025 0.74% Raised from 0.73% to 0.74%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-01-24
2 Dec 2024 0.73% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-12-02 (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 0.72% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$897 in fees over 10 years

After fees, $10,000 grows to $15,180.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$74
3 years$231
5 years$402
10 years$897

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

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