Tidal Trust IV’s VegaShares Space & AI ETF carries a 0.75% total annual Operating Expense ratio, with no other expenses estimated for the current fiscal year. Investors using the fund’s $10,000 cost illustration would pay $77 after one year and $240 after three years under its stated assumptions.

Key Highlights

  • Eligible Space and AI Ecosystem Companies can qualify through revenue, spending or market-provider criteria.
  • The fund expects elevated SpaceX exposure following the company’s IPO around June 12, 2026.
  • Creation Units are issued and redeemed at NAV only through Authorized Participants.

Tidal Trust IV’s VegaShares Space & AI ETF charges a 0.75% management fee and reports 0.75% in total annual operating expenses. The actively managed fund seeks Capital appreciation while targeting companies connected to space and artificial-intelligence activities.

Space and AI Strategy Sets Eligibility Tests

The fund can invest directly or indirectly in businesses involved in space infrastructure, AI systems and related services. Eligible companies may derive more than 50% of Revenue or Net Income from those activities, devote more than 50% of Assets or spending to them, generate at least $500 million in annual revenue from them, or rank among the ten largest providers in a relevant category. SpaceX became publicly traded when its shares began trading on Nasdaq at or around June 12, 2026. Tidal Trust IV intends to hold SpaceX securities at levels meaningfully above the general allocation ranges, with that elevated exposure potentially continuing after the IPO.

Fund Costs and Trading Structure

Other expenses are estimated at 0.00%, while distribution and service fees are listed as none. For a $10,000 investment, the expense illustration shows costs of $77 after one year and $240 after three years, assuming a 5% annual return and unchanged operating expenses. Shares trade on the Secondary Market at market prices rather than NAV, meaning they can sell at a premium or discount. Creation Units are issued and redeemed at NAV only for Authorized Participants, generally broker-dealers, through securities or designated U.S. cash.