v3.25.1
Annual Fund Operating Expenses - The SPAC and New Issue ETF [Member]
Jun. 06, 2025
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.83%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 1.47%
Acquired Fund Fees and Expenses 0.01% [1]
Expenses (as a percentage of Assets) 2.31%
Fee Waiver or Reimbursement 0.95% [2]
Net Expenses (as a percentage of Assets) 1.36%
Fee Waiver or Reimbursement over Assets, Date of Termination January 31, 2026
[1] Acquired Fund Fees and Expenses, which are estimated for the Fund’s current fiscal year, are the indirect costs of investing in other investment companies. The operating expenses in this fee table will not correlate to the expense ratio in the Fund's financial highlights because the financial statements include only the direct operating expenses incurred by the Fund.
[2] Tuttle Capital Management, LLC (the “Adviser”) has contractually agreed to waive a portion or all of its management fees and/or reimburse Fund expenses (excluding front-end or contingent deferred loads, taxes, leverage interest, borrowing interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, dividend expense on securities sold short, acquired (underlying) fund fees and expenses or extraordinary expenses such as litigation) in order to limit the Total Annual Fund Operating Expenses to 0.95% of average daily net assets of the Fund (the “Expense Cap”). The Expense Cap will remain in effect through at least January 31, 2026 and may be terminated at any time upon 60 days’ written notice by the Trust’s Board of Trustees (the “Board”). The Adviser may request recoupment of previously waived fees and reimbursed expenses from the Fund for three years from the date they were waived or reimbursed, provided that after payment of the recoupment, the Total Annual Fund Operating Expenses do not exceed the lesser of the expense limitation agreement: (i) in effect at the time of the waiver or reimbursement or (ii) in effect at the time of recoupment.