C000232558 Fees and Costs — iShares U.S. Thematic Rotation Active ETF
Data updated: 2026-10-14
The net expense ratio is 0.57%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $626K in broker commissions, 0.0092% of average net assets, and portfolio turnover was 45%.
C000232558 Fees and Expenses
Annual operating expenses and sales charges of C000232558. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.57% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.57% |
| Fee waiver | — |
| Net expense ratio | 0.57% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
C000232558 Costs Over Time
On $10,000 invested in C000232558, assuming 5% a year before costs, total costs come to $365 over 5 years, cutting the return by 0.61% 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 0.57%) | $60 | $188 | $327 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $61 | $200 | $365 |
| Value after costs | $10,439 | $11,376 | $12,397 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
C000232558 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): 0.0092%
- Total broker commissions: $626K
- Bought from dealers (principal trades, not a cost): $10.4B
- Portfolio turnover (prospectus): 45%
C000232558 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $83K | 15.45% |
| Citigroup Global Markets Inc. | $82K | 15.20% |
| BofA Securities, Inc. | $75K | 13.93% |
| J.P. Morgan Securities LLC | $71K | 13.14% |
| Morgan Stanley & Co. LLC | $57K | 10.51% |
| BNP Paribas Securities Corp. | $51K | 9.43% |
| Barclays Capital Inc. | $49K | 9.05% |
| UBS Securities LLC | $27K | 5.08% |
| Stuart Frankel & Co., Incorporated | $24K | 4.39% |
| Jefferies LLC | $21K | 3.82% |
C000232558 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $9.8B | 93.74% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $572.4M | 5.49% |
| Goldman Sachs & Co. LLC | $75.1M | 0.72% |
| Morgan Stanley & Co. LLC | $4.5M | 0.04% |
| BofA Securities, Inc. | $284 | 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.