C000226202 Fees and Costs — BlackRock World ex U.S. Carbon Transition Readiness ETF
Data updated: 2026-10-14
The net expense ratio is 0.22%: a 0.35% management fee plus 0.02% other expenses, less a 0.15% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $23K in broker commissions, 0.0094% of average net assets, and portfolio turnover was 39%.
C000226202 Fees and Expenses
Annual operating expenses and sales charges of C000226202. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.37% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.22% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
C000226202 Costs Over Time
On $10,000 invested in C000226202, assuming 5% a year before costs, total costs come to $146 over 5 years, cutting the return by 0.24% 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 0.22%) | $23 | $73 | $127 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $4 | $13 |
| Total costs | $24 | $79 | $146 |
| Value after costs | $10,476 | $11,497 | $12,617 |
| Impact on return, per year | 0.24% | 0.24% | 0.24% |
C000226202 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): 0.0094%
- Total broker commissions: $23K
- Bought from dealers (principal trades, not a cost): $120.2M
- Portfolio turnover (prospectus): 39%
C000226202 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $4K | 21.40% |
| BNP Paribas Securities Corp. | $2K | 12.47% |
| TD Securities (USA) LLC | $2K | 10.26% |
| Goldman Sachs & Co. LLC | $2K | 10.11% |
| Citigroup Global Markets Inc. | $2K | 9.82% |
| J.P. Morgan Securities LLC | $2K | 8.78% |
| BofA Securities, Inc. | $1K | 7.88% |
| Morgan Stanley & Co. LLC | $1K | 7.76% |
| UBS Securities LLC | $1K | 5.89% |
| Barclays Capital Inc. | $1K | 5.63% |
C000226202 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $43.8M | 36.50% |
| UBS Securities LLC | $32.1M | 26.80% |
| J.P. Morgan Securities LLC | $23.3M | 19.43% |
| Goldman Sachs & Co. LLC | $20.7M | 17.27% |
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.