C000248199 Fees and Costs — iShares U.S. Industry Rotation Active ETF
Data updated: 2026-10-14
The net expense ratio is 0.42%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $3K in broker commissions, 0.0094% of average net assets, and portfolio turnover was 227%.
C000248199 Fees and Expenses
Annual operating expenses and sales charges of C000248199. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.42% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.42% |
| Fee waiver | — |
| Net expense ratio | 0.42% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
C000248199 Costs Over Time
On $10,000 invested in C000248199, assuming 5% a year before costs, total costs come to $272 over 5 years, cutting the return by 0.45% 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 0.42%) | $44 | $138 | $241 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $7 | $25 |
| Total costs | $45 | $148 | $272 |
| Value after costs | $10,455 | $11,428 | $12,491 |
| Impact on return, per year | 0.45% | 0.45% | 0.45% |
C000248199 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: $3K
- Bought from dealers (principal trades, not a cost): $22.0M
- Portfolio turnover (prospectus): 227%
C000248199 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $784 | 27.01% |
| RBC Capital Markets, LLC | $557 | 19.21% |
| Barclays Capital Inc. | $419 | 14.44% |
| BNP Paribas Securities Corp. | $240 | 8.27% |
| Citigroup Global Markets Inc. | $236 | 8.15% |
| UBS Securities LLC | $184 | 6.36% |
| Goldman Sachs & Co. LLC | $166 | 5.72% |
| Morgan Stanley & Co. LLC | $147 | 5.06% |
| J.P. Morgan Securities LLC | $132 | 4.55% |
| TD Securities (USA) LLC | $36 | 1.22% |
C000248199 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $19.8M | 89.96% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $2.0M | 9.04% |
| Goldman Sachs & Co. LLC | $197K | 0.90% |
| Morgan Stanley & Co. LLC | $9K | 0.04% |
| BofA Securities, Inc. | $7K | 0.03% |
| Citigroup Global Markets Inc. | $6K | 0.03% |
| J.P. Morgan Securities LLC | $2K | 0.01% |
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.