Expense Ratio History

SPUS expense ratio history

SP Funds S&P 500 Sharia Industry Exclusions ETF

Fund company
Tidal Trust I
Type
ETF

0.45%

In basis points
45 basis points
Yearly cost per $10,000
$45
Prospectus dated
30 March 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 0.49% on 30 March 2023

Fee over time

SPUS expense ratio: 0.49% until 30 Mar 2023, then 0.45%; read at 0.45% on 30 Mar 2026.0.00%0.20%0.40%0.60%0.80%Dec 2019Jan 2021Feb 2022Mar 2023Apr 2024May 20250.49% before0.45% from 30 Mar 2023
SPUS expense ratio: 0.49% until 30 Mar 2023, then 0.45%; read at 0.45% on 30 Mar 2026.0.00%0.20%0.40%0.60%0.80%Dec 2019Feb 2022Apr 20240.49% before0.45% from 30 Mar 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
30 Mar 2026 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-03-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Mar 2025 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-03-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Mar 2024 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-03-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Mar 2023 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-03-30 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
30 Mar 2023 0.45% Cut from 0.49% to 0.45%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2023-11-30
30 Mar 2022 0.49% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-03-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
16 Dec 2019 0.49% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-12-16 (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 0.45% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$568 in fees over 10 years

After fees, $10,000 grows to $15,587.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$46
3 years$145
5 years$253
10 years$568

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 6 prospectuses for this share class since 2019. Each one is listed above with a link to the filing.

How we read fees

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