AOR Fees and Costs — iShares Core 60/40 Balanced Allocation ETF
Data updated: 2026-10-13
The net expense ratio is 0.15% (0.20% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $51K in broker commissions, 0.0016% of average net assets, and portfolio turnover was 5%.
AOR Fees and Expenses
Annual operating expenses and sales charges of AOR. 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 | 0.20% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.15% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
AOR Costs Over Time
On $10,000 invested in AOR, 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 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $2 | $9 |
| Total costs | $16 | $53 | $96 |
| Value after costs | $10,484 | $11,524 | $12,666 |
| Impact on return, per year | 0.16% | 0.16% | 0.16% |
AOR 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): 0.0016%
- Total broker commissions: $51K
- Bought from dealers (principal trades, not a cost): $1.6B
- Portfolio turnover (prospectus): 5%
AOR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $18K | 35.04% |
| Citadel Securities LLC | $11K | 22.51% |
| J.P. Morgan Securities LLC | $10K | 19.11% |
| Jane Street Capital, LLC | $4K | 8.65% |
| Citigroup Global Markets Inc. | $4K | 6.93% |
| BofA Securities, Inc. | $2K | 3.15% |
| Cowen and Company, LLC | $1K | 2.16% |
| UBS Securities LLC | $511 | 1.00% |
| Jefferies LLC | $384 | 0.75% |
| Morgan Stanley & Co. LLC | $352 | 0.69% |
AOR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $480.6M | 31.00% |
| Jane Street Capital, LLC | $406.4M | 26.21% |
| Citigroup Global Markets Inc. | $211.4M | 13.63% |
| BofA Securities, Inc. | $182.8M | 11.79% |
| Goldman Sachs & Co. LLC | $149.8M | 9.66% |
| Citadel Securities LLC | $112.6M | 7.26% |
| Barclays Capital Inc. | $6.8M | 0.44% |
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.