C000251727 Fees and Costs — iShares A.I. Innovation and Tech Active ETF
Data updated: 2026-09-25
The net expense ratio is 0.55% (0.65% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $3.5M in broker commissions, 0.0576% of average net assets, and portfolio turnover was 107%.
C000251727 Fees and Expenses
Annual operating expenses and sales charges of C000251727. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.65% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.55% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000251727 Costs Over Time
On $10,000 invested in C000251727, assuming 5% a year before costs, total costs come to $383 over 5 years, cutting the return by 0.64% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $6 | $19 | $33 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $64 | $210 | $383 |
| Value after costs | $10,436 | $11,367 | $12,380 |
| Impact on return, per year | 0.64% | 0.64% | 0.64% |
C000251727 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0576%
- Total broker commissions: $3.5M
- Bought from dealers (principal trades, not a cost): $13.5B
- Portfolio turnover (prospectus): 107%
- Securities on loan, average value: $160.6M
- Net income from securities lending: $3.9M (0.064% of average net assets)
C000251727 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $628K | 20.55% |
| Citigroup Global Markets Inc. | $603K | 19.72% |
| UBS Securities LLC | $429K | 14.02% |
| Morgan Stanley & Co. LLC | $379K | 12.40% |
| J.P. Morgan Securities LLC | $292K | 9.54% |
| Goldman Sachs & Co. LLC | $185K | 6.04% |
| TD Securities (USA) LLC | $159K | 5.20% |
| Jefferies LLC | $139K | 4.56% |
| Barclays Capital Inc. | $133K | 4.35% |
| CLSA Americas, LLC | $110K | 3.60% |
C000251727 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $4.0B | 30.01% |
| J.P. Morgan Securities LLC | $3.3B | 24.83% |
| BofA Securities, Inc. | $1.8B | 13.64% |
| UBS Securities LLC | $1.7B | 12.34% |
| Virtu Americas LLC | $699.8M | 5.19% |
| Goldman Sachs & Co. LLC | $679.5M | 5.04% |
| Jane Street Capital, LLC | $596.3M | 4.42% |
| Citigroup Global Markets Inc. | $450.4M | 3.34% |
| Macquarie Capital (USA) Inc. | $122.9M | 0.91% |
| BNP Paribas Securities Corp. | $35.9M | 0.27% |
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.