AOA Fees and Costs — iShares Core 80/20 Aggressive Allocation ETF
Data updated: 2026-10-13
The net expense ratio is 0.15% (0.19% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $34K in broker commissions, 0.0012% of average net assets, and portfolio turnover was 5%.
AOA Fees and Expenses
Annual operating expenses and sales charges of AOA. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.19% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.15% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
AOA Costs Over Time
On $10,000 invested in AOA, assuming 5% a year before costs, total costs come to $96 over 5 years, cutting the return by 0.16% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.15%) | $16 | $50 | $87 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $2 | $9 |
| Total costs | $16 | $52 | $96 |
| Value after costs | $10,484 | $11,524 | $12,667 |
| Impact on return, per year | 0.16% | 0.16% | 0.16% |
AOA Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0012%
- Total broker commissions: $34K
- Bought from dealers (principal trades, not a cost): $576.3M
- Portfolio turnover (prospectus): 5%
AOA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $11K | 32.14% |
| Citadel Securities LLC | $10K | 30.41% |
| J.P. Morgan Securities LLC | $6K | 18.83% |
| Jane Street Capital, LLC | $3K | 7.86% |
| Citigroup Global Markets Inc. | $2K | 4.65% |
| Cowen and Company, LLC | $516 | 1.55% |
| BofA Securities, Inc. | $484 | 1.45% |
| UBS Securities LLC | $406 | 1.22% |
| RBC Capital Markets, LLC | $393 | 1.18% |
| Jefferies LLC | $233 | 0.70% |
AOA Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $161.5M | 28.01% |
| Jane Street Capital, LLC | $152.7M | 26.50% |
| Goldman Sachs & Co. LLC | $111.7M | 19.38% |
| BofA Securities, Inc. | $77.2M | 13.39% |
| Virtu Americas LLC | $41.7M | 7.24% |
| Citadel Securities LLC | $18.2M | 3.15% |
| TD Securities (USA) LLC | $13.4M | 2.33% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.