C000211556 Fees and Costs — iShares MSCI USA Mid-Cap Multifactor ETF
Data updated: 2022-10-12
The net expense ratio is 0.25%. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $594 in broker commissions, 0.0081% of average net assets, and portfolio turnover was 49%.
C000211556 Fees and Expenses
Annual operating expenses and sales charges of C000211556. Prospectus, as of November 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000211556 Costs Over Time
On $10,000 invested in C000211556, assuming 5% a year before costs, total costs come to $164 over 5 years, cutting the return by 0.27% 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 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $27 | $89 | $164 |
| Value after costs | $10,473 | $11,487 | $12,599 |
| Impact on return, per year | 0.27% | 0.27% | 0.27% |
C000211556 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0081%
- Total broker commissions: $594
- Bought from dealers (principal trades, not a cost): $12.2M
- Portfolio turnover (prospectus): 49%
- Securities on loan, average value: $78K
- Net income from securities lending: $136 (0.002% of average net assets)
C000211556 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $86 | 15.71% |
| BofA Securities, Inc. | $77 | 14.10% |
| Morgan Stanley & Co. LLC | $65 | 11.92% |
| Goldman Sachs & Co. LLC | $61 | 11.09% |
| Credit Suisse Securities (USA) LLC | $55 | 10.07% |
| Barclays Capital Inc. | $52 | 9.49% |
| BNP Paribas Securities Corp. | $50 | 9.22% |
| Wells Fargo Securities, LLC | $47 | 8.52% |
| UBS Securities LLC | $32 | 5.76% |
| J.P. Morgan Securities LLC | $23 | 4.13% |
C000211556 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $11.6M | 95.70% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $510K | 4.22% |
| Goldman Sachs & Co. LLC | $5K | 0.04% |
| Citigroup Global Markets Inc. | $3K | 0.03% |
| UBS Securities LLC | $552 | 0.00% |
| BNP Paribas Securities Corp. | $233 | 0.00% |
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.