Tidal Trust IV reduced the Defiance AI Hyperscale Leaders ETF’s unitary management fee from 0.75% to 0.35%, effective August 24, 2026. The lower contractual fee changes the stated cost framework for investors, while the prospectus example estimates $38 for a $10,000 Investment held one year.

Key Highlights

  • The Defiance AI Hyperscale Leaders ETF is listed on NYSE Arca under AIHY.
  • The prospectus example estimates costs of $38 for one year and $119 for three years on a $10,000 investment.
  • The adviser’s 0.35% fee is calculated daily and paid monthly based on average daily net assets.

Tidal Trust IV cut the unitary management fee for the Defiance AI Hyperscale Leaders ETF to 0.35% from 0.75%, effective August 24, 2026. The fund, listed on NYSE Arca under AIHY, updated its prospectus and related disclosures to reflect the revised arrangement.

AIHY Prospectus Reflects New Fee Terms

The fee is calculated each day and paid monthly. The adviser handles portfolio trading and arranges transfer agency, custody, administration, accounting and other operating services. The adviser has agreed to cover fund expenses under the unitary arrangement, apart from specified excluded costs.

Prospectus Example Shows $38 One-Year Cost

The revised expense table lists management fees of 0.00%, other expenses of 0.00% and total annual fund operating expenses of 0.00%. Distribution and service fees are listed as none. The example assumes a $10,000 investment, a 5% annual return and that all shares are held or redeemed after the stated periods. Under those assumptions, the estimated cost is $38 after one year and $119 after three years, excluding brokerage commissions on purchases and sales.