Expense Ratio History

NDXKX expense ratio history

Nasdaq-100 Index Fund, K Shares

Fund company
Shelton
Type
Index mutual fund

0.89%

In basis points
89 basis points
Yearly cost per $10,000
$89
Prospectus dated
1 January 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 0.91% on 1 January 2025

Fee over time

NDXKX expense ratio: 1.40% until 1 Jan 2013, then 1.38%; 1.38% until 1 Jan 2014, then 1.33%; 1.33% until 1 Jan 2015, then 1.23%; 1.23% until 1 Jan 2016, then 1.25%; 1.25% until 1 Jan 2017, then 1.24%; 1.24% until 1 Jan 2018, then 1.23%; 1.23% until 1 Jan 2020, then 1.24%; 1.24% until 1 Jan 2021, then 1.20%; 1.20% until 1 Jan 2022, then 0.88%; 0.88% until 1 Jan 2023, then 1.02%; 1.02% until 1 Jan 2024, then 0.91%; 0.91% until 1 Jan 2025, then 0.89%; read at 0.89% on 1 Jan 2026.0.00%0.50%1.00%1.50%2.00%Jan 2012Jun 2014Nov 2016Apr 2019Sep 2021Feb 20241.40% before0.89% from 1 Jan 2025
NDXKX expense ratio: 1.40% until 1 Jan 2013, then 1.38%; 1.38% until 1 Jan 2014, then 1.33%; 1.33% until 1 Jan 2015, then 1.23%; 1.23% until 1 Jan 2016, then 1.25%; 1.25% until 1 Jan 2017, then 1.24%; 1.24% until 1 Jan 2018, then 1.23%; 1.23% until 1 Jan 2020, then 1.24%; 1.24% until 1 Jan 2021, then 1.20%; 1.20% until 1 Jan 2022, then 0.88%; 0.88% until 1 Jan 2023, then 1.02%; 1.02% until 1 Jan 2024, then 0.91%; 0.91% until 1 Jan 2025, then 0.89%; read at 0.89% on 1 Jan 2026.0.00%0.50%1.00%1.50%2.00%Jan 2012Oct 2016Jul 20211.40% before0.89% from 1 Jan 2025
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.

Share classes

The same fund is sold as 3 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
NDXKX (this page) K Shares 0.89% 0.77% 1 Jan 2026
NASDX Investor Shares 0.64% 0.52% 1 Jan 2026
NQQQX Institutional Shares 0.39% 0.27% 1 Jan 2026

Every figure we've recorded

DateFeeWhat happened
1 Jan 2026 0.89% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-01-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Jan 2025 0.89% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-01-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Jan 2025 0.89% Cut from 0.91% to 0.89%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2025-01-03
1 Jan 2024 0.91% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-01-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Jan 2024 0.91% Cut from 1.02% to 0.91%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2024-01-30
1 Jan 2023 1.02% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2023 1.02% Raised from 0.88% to 1.02%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-12-29
4 Mar 2022 0.88% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-03-04 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2022 0.88% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-01-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Jan 2022 0.88% Cut from 1.20% to 0.88%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2022-12-22
1 Jan 2021 1.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-01-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Jan 2021 1.20% Cut from 1.24% to 1.20%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2021-01-05
1 Jan 2020 1.24% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2020 1.24% Raised from 1.23% to 1.24%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-01-21
1 Jan 2019 1.23% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2018 1.23% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2018 1.23% Cut from 1.24% to 1.23%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-01-12
1 Jan 2017 1.24% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-01-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Jan 2017 1.24% Cut from 1.25% to 1.24%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2017-09-25
1 Jan 2016 1.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2016 1.25% Raised from 1.23% to 1.25%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-01-19
1 Jan 2015 1.23% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2015 1.23% Cut from 1.33% to 1.23%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2015-02-04
1 Jan 2014 1.33% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2014 1.33% Cut from 1.38% to 1.33%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2014-01-07
1 Jan 2013 1.38% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2013 1.38% Cut from 1.40% to 1.38%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2013-01-15
1 Jan 2012 1.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-01-01 (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 0.89% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,100 in fees over 10 years

After fees, $10,000 grows to $14,928.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$91
3 years$285
5 years$495
10 years$1,100

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 16 prospectuses for this share class since 2012. Each one is listed above with a link to the filing.

How we read fees

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