C000226201 Fees and Costs — BlackRock U.S. Carbon Transition Readiness ETF
Data updated: 2026-10-14
The net expense ratio is 0.15% (0.30% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $29K in broker commissions, 0.0021% of average net assets, and portfolio turnover was 40%.
C000226201 Fees and Expenses
Annual operating expenses and sales charges of C000226201. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.30% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.15% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
C000226201 Costs Over Time
On $10,000 invested in C000226201, assuming 5% a year before costs, total costs come to $97 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 | $97 |
| Value after costs | $10,484 | $11,524 | $12,666 |
| Impact on return, per year | 0.16% | 0.16% | 0.16% |
C000226201 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): 0.0021%
- Total broker commissions: $29K
- Bought from dealers (principal trades, not a cost): $513.6M
- Portfolio turnover (prospectus): 40%
C000226201 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $7K | 24.95% |
| Citigroup Global Markets Inc. | $4K | 14.89% |
| Morgan Stanley & Co. LLC | $4K | 13.88% |
| BofA Securities, Inc. | $3K | 11.93% |
| UBS Securities LLC | $3K | 10.90% |
| J.P. Morgan Securities LLC | $2K | 8.11% |
| BNP Paribas Securities Corp. | $2K | 6.94% |
| Barclays Capital Inc. | $1K | 4.76% |
| Wells Fargo Securities, LLC | $872 | 3.02% |
| RBC Capital Markets, LLC | $179 | 0.62% |
C000226201 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $409.7M | 79.79% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $103.8M | 20.21% |
| Citigroup Global Markets Inc. | $909 | 0.00% |
| Goldman Sachs & Co. LLC | $738 | 0.00% |
| BofA Securities, Inc. | $277 | 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.