v3.25.4
Annual Fund Operating Expenses
Feb. 04, 2026
Nicholas Gold Income ETF [Member]  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.99% [1]
Distribution and Service (12b-1) Fees 0.00% [1]
Other Expenses (as a percentage of Assets): 0.02% [1],[2]
Acquired Fund Fees and Expenses 0.06% [1],[2],[3]
Expenses (as a percentage of Assets) 1.07% [1]
Nicholas Silver Income ETF [Member]  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.99% [4]
Distribution and Service (12b-1) Fees 0.00% [4]
Other Expenses (as a percentage of Assets): 0.02% [4],[5]
Acquired Fund Fees and Expenses 0.15% [4],[5],[6]
Expenses (as a percentage of Assets) 1.16% [4]
Nicholas Nuclear Income ETF [Member]  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.99% [7]
Distribution and Service (12b-1) Fees 0.00% [7]
Other Expenses (as a percentage of Assets): 0.02% [7],[8]
Acquired Fund Fees and Expenses 0.06% [7],[8],[9]
Expenses (as a percentage of Assets) 1.07% [7]
Nicholas Defense and Rare Earth Income ETF [Member]  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.99% [10]
Distribution and Service (12b-1) Fees 0.00% [10]
Other Expenses (as a percentage of Assets): 0.02% [10],[11]
Acquired Fund Fees and Expenses 0.10% [10],[11],[12]
Expenses (as a percentage of Assets) 1.11% [10]
[1] The Fund’s investment adviser, Tidal Investments LLC (the “Adviser”), a Tidal Financial Group company, will pay, or require a sub-adviser to pay, all of the Fund’s expenses, except for the following: advisory and sub-advisory fees, interest charges on any borrowings made for investment purposes, dividends and other expenses on securities sold short, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, accrued deferred tax liability, distribution fees and expenses paid by the Fund under any distribution plan adopted pursuant to Rule 12b-1 under the Investment Company Act of 1940, as amended (the “1940 Act”), litigation expenses, and other non-routine or extraordinary expenses.
[2] Based on estimated amounts for the current fiscal year.
[3] Acquired Fund Fees and Expenses are the indirect costs of investing in other investment companies.
[4] The Fund’s investment adviser, Tidal Investments LLC (the “Adviser”), a Tidal Financial Group company, will pay, or require a sub-adviser to pay, all of the Fund’s expenses, except for the following: advisory and sub-advisory fees, interest charges on any borrowings made for investment purposes, dividends and other expenses on securities sold short, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, accrued deferred tax liability, distribution fees and expenses paid by the Fund under any distribution plan adopted pursuant to Rule 12b-1 under the Investment Company Act of 1940, as amended (the “1940 Act”), litigation expenses, and other non-routine or extraordinary expenses.
[5] Based on estimated amounts for the current fiscal year.
[6] Acquired Fund Fees and Expenses are the indirect costs of investing in other investment companies.
[7] The Fund’s investment adviser, Tidal Investments LLC (the “Adviser”), a Tidal Financial Group company, will pay, or require a sub-adviser to pay, all of the Fund’s expenses, except for the following: advisory and sub-advisory fees, interest charges on any borrowings made for investment purposes, dividends and other expenses on securities sold short, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, accrued deferred tax liability, distribution fees and expenses paid by the Fund under any distribution plan adopted pursuant to Rule 12b-1 under the Investment Company Act of 1940, as amended (the “1940 Act”), litigation expenses, and other non-routine or extraordinary expenses.
[8] Based on estimated amounts for the current fiscal year.
[9] Acquired Fund Fees and Expenses are the indirect costs of investing in other investment companies.
[10] The Fund’s investment adviser, Tidal Investments LLC (the “Adviser”), a Tidal Financial Group company, will pay, or require a sub-adviser to pay, all of the Fund’s expenses, except for the following: advisory and sub-advisory fees, interest charges on any borrowings made for investment purposes, dividends and other expenses on securities sold short, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, accrued deferred tax liability, distribution fees and expenses paid by the Fund under any distribution plan adopted pursuant to Rule 12b-1 under the Investment Company Act of 1940, as amended (the “1940 Act”), litigation expenses, and other non-routine or extraordinary expenses.
[11] Based on estimated amounts for the current fiscal year.
[12] Acquired Fund Fees and Expenses are the indirect costs of investing in other investment companies.