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  1. Compare ETFs
  2. 100 Highest Expense Ratio ETFs

100 Highest Expense Ratio ETFs

While “plain vanilla” passively-managed ETFs offer expense ratios under 10 basis points, many ETFs that implement more complex investment strategies (such as leveraged investing or hedge fund strategies) charge higher fees. Below are the 100 ETFs with the highest expense ratios in the industry. Even the ETFs included on this list feature expense ratios below the average for traditional actively-managed mutual funds, which approximates 1.4%. You may also wish to peruse our list of the 100 ETFs with the lowest expense ratios.

This data may include leveraged and inverse ETFs. To exclude leveraged and inverse ETFs from the table below, click here.

Symbol Name Expense Ratio ETF Database Category
PBDC Putnam BDC Income ETF 13.49% Financials Equities
FBDC FT Confluence BDC & Specialty Finance Income ETF 12.44% N/A
ORR Militia Long/Short Equity ETF 10.91% N/A
VPC Virtus Private Credit Strategy ETF 10.60% Small Cap Blend Equities
BIZD VanEck BDC Income ETF 9.69% Financials Equities
LBO WHITEWOLF Publicly Listed Private Equity ETF 6.53% Financials Equities
DWSH AdvisorShares Dorsey Wright Short ETF 6.22% Inverse Equities
KBWD Invesco KBW High Dividend Yield Financial ETF 5.39% Financials Equities
RTAI Rareview Tax Advantaged Income ETF 4.59% National Munis
TXXS 21Shares 2x Long Sui ETF 4.55% N/A
HYIN WisdomTree Private Credit and Alternative Income Fund 4.34% Diversified Portfolio
CEFS Saba Closed End Funds ETF 4.29% Diversified Portfolio
RDFI Rareview Dynamic Fixed Income ETF 4.23% Total Bond Market
FCEF First Trust Income Opportunities ETF 3.69% Diversified Portfolio
HDGE AdvisorShares Ranger Equity Bear ETF 3.62% Inverse Equities
BWET Breakwave Tanker Shipping ETF 3.50% Commodities
BDRY Breakwave Dry Bulk Shipping ETF 3.50% Commodities
TXXD 21Shares 2x Long Dogecoin ETF 3.36% N/A
YYY Amplify CEF High Income ETF 3.23% Diversified Portfolio
CCEF Calamos CEF Income & Arbitrage ETF 3.19% Diversified Portfolio
THYP 21Shares Hyperliquid ETF 3.00% N/A
SPYU MAX S&P 500 4X Leveraged ETN 2.95% Leveraged Equities
PEX ProShares Global Listed Private Equity ETF 2.95% Financials Equities
NLSI NEOS Long/Short Equity Income ETF 2.89% Long-Short
CEFZ RiverNorth Active Income ETF 2.82% Leveraged Multi-Asset
WEAT Teucrium Wheat Fund 2.80% Agricultural Commodities
CANE Teucrium Sugar Fund 2.80% Agricultural Commodities
YYYM Amplify Municipal CEF High Income ETF 2.78% N/A
XXRP Teucrium 2x Long Daily XRP ETF 2.77% N/A
SOYB Teucrium Soybean Fund 2.73% Agricultural Commodities
RSEE Rareview Systematic Equity ETF 2.71% Leveraged Equities
CORN Teucrium Corn Fund 2.71% Agricultural Commodities
PCEF Invesco CEF Income Composite ETF 2.71% Total Bond Market
ETHU 2x Ether ETF 2.67% Leveraged Currency
EHLS Even Herd Long Short ETF 2.62% N/A
NRGU MicroSectors U.S. Big Oil 3 Leveraged ETN 2.60% Leveraged Equities
NRGD MicroSectors U.S. Big Oil -3 Inverse Leveraged ETN 2.60% Inverse Equities
BNKU MicroSectors U.S. Big Banks 3 Leveraged ETN 2.60% Leveraged Equities
BNKD MicroSectors U.S. Big Banks -3 Inverse Leveraged ETN 2.60% Inverse Equities
FNGU MicroSectors FANG+ 3 Leveraged ETNs 2.60% Leveraged Equities
SURI Simplify Propel Opportunities ETF 2.56% N/A
ETHE Grayscale Ethereum Staking ETF 2.50% Currency
BITW Bitwise 10 Crypto Index ETF 2.50% Technology Equities
ICAP Infrastructure Capital Equity Income ETF 2.47% N/A
BITX 2x Bitcoin Strategy ETF 2.38% Leveraged Currency
SPCK SPAC and New Issue ETF 2.32% N/A
LSEQ Harbor Long-Short Equity ETF 2.28% N/A
EMPB Efficient Market Portfolio Plus ETF Trust Units 2.21% N/A
SNK GraniteShares 2x Short SpaceX Daily ETF 2.20% N/A
UVIX 2x Long VIX Futures ETF 2.19% Leveraged Volatility
NDOW Anydrus Advantage ETF 2.15% Diversified Portfolio
SLON ProShares Ultra Solana ETF 2.14% N/A
PFFA Virtus InfraCap U.S. Preferred Stock ETF 2.11% Preferred Stock/Convertible Bonds
NMBL NovaTide Flexible Allocation ETF 1.99% N/A
HBTC Fortuna Hedged Bitcoin ETF 1.97% N/A
XMPT VanEck CEF Muni Income ETF 1.97% Total Bond Market
TFPN Blueprint Chesapeake Multi-Asset Trend ETF 1.96% N/A
MKTN Federated Hermes MDT Market Neutral ETF 1.94% Hedge Fund
MVRL ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN 1.90% Leveraged Real Estate
MLPR ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN 1.90% Leveraged Equities
CEFD ETRACS Monthly Pay 1.5x Leveraged Closed-End Fund Index ETN 1.90% Leveraged Multi-Asset
BDCX ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN 1.90% Leveraged Equities
TXXH 21Shares 2x Long HYPE ETF 1.89% N/A
XBNB Teucrium xETFs 2x Long Daily BNB ETF 1.89% N/A
FXED Sound Enhanced Fixed Income ETF 1.89% Total Bond Market
CBLS Clough Hedged Equity ETF 1.89% Long-Short
SUIL Volatility Shares 2x Sui ETF 1.85% N/A
AVAZ 2x Avalanche ETF 1.85% N/A
STLU Volatility Shares 2x Stellar ETF 1.85% N/A
CRDX Volatility Shares 2x Cardano ETF 1.85% N/A
CHNU Volatility Shares 2x Chainlink ETF 1.85% N/A
SOLT 2x Solana ETF 1.85% Leveraged Currency
RULE Adaptive Core ETF 1.84% Diversified Portfolio
XOVR ERShares Private-Public Crossover ETF 1.81% High Yield Bonds
THRV Prospera Income ETF 1.80% N/A
PSP Invesco Global Listed Private Equity ETF 1.80% Global Equities
QTAC Q3 All-Season Tactical Advantage ETF 1.78% N/A
GHTA Goose Hollow Tactical Allocation ETF 1.77% Hedge Fund
QPX AdvisorShares Q Dynamic Growth ETF 1.74% Diversified Portfolio
RDTY YieldMax R2000 0DTE Covered Strategy ETF 1.73% N/A
MVPL Miller Value Partners Leverage ETF 1.72% N/A
AMZA InfraCap MLP ETF 1.72% MLPs
PLYY GraniteShares YieldBOOST PLTR ETF 1.70% N/A
HF DGA Core Plus Absolute Return ETF 1.70% N/A
IWFL ETRACS 2x Leveraged US Growth Factor TR ETN 1.70% Leveraged Equities
NELS Nelson Select ETF 1.69% N/A
MARB First Trust Merger Arbitrage ETF 1.69% Long-Short
UXRP ProShares Ultra XRP ETF 1.67% N/A
HDLB ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B 1.65% Leveraged Equities
SMHB ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B 1.65% Leveraged Equities
PFFL ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN 1.65% Leveraged Multi-Asset
AMUB ETRACS Alerian MLP Index ETN Class B 1.65% MLPs
MLPB ETRACS Alerian MLP Infrastructure Index ETN Series B 1.65% MLPs
WBIF WBI BullBear Value 3000 ETF 1.65% Global Equities
FFLS Future Fund Long/Short ETF 1.60% N/A
SNAV Mohr Sector Nav ETF 1.59% Large Cap Blend Equities
WBIG WBI BullBear Yield 3000 ETF 1.59% Global Equities
ILS Brookmont Catastrophic Bond ETF 1.58% High Yield Bonds
TTOP 21Shares FTSE Crypto 10 Index ETF 1.57% N/A
MAMB Monarch Ambassador Income Index ETF 1.56% Diversified Portfolio

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