C000254669 Fees and Costs — iShares International Country Rotation Active ETF
Data updated: 2026-10-14
The net expense ratio is 0.55% (1.06% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $554K in broker commissions, 0.0247% of average net assets, and portfolio turnover was 52%.
C000254669 Fees and Expenses
Annual operating expenses and sales charges of C000254669. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 1.06% |
| Fee waiver | −0.51% |
| Net expense ratio | 0.55% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
C000254669 Costs Over Time
On $10,000 invested in C000254669, assuming 5% a year before costs, total costs come to $363 over 5 years, cutting the return by 0.60% 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) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $198 | $363 |
| Value after costs | $10,440 | $11,378 | $12,400 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
C000254669 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): 0.0247%
- Total broker commissions: $554K
- Bought from dealers (principal trades, not a cost): $7.8B
- Portfolio turnover (prospectus): 52%
C000254669 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citadel Securities LLC | $223K | 40.31% |
| Jane Street Execution Services, LLC | $145K | 26.14% |
| Morgan Stanley & Co. LLC | $90K | 16.25% |
| Goldman Sachs & Co. LLC | $63K | 11.45% |
| BofA Securities, Inc. | $31K | 5.59% |
| BNP Paribas Securities Corp. | $602 | 0.11% |
| TD Securities (USA) LLC | $347 | 0.06% |
| UBS Securities LLC | $314 | 0.06% |
| J.P. Morgan Securities LLC | $83 | 0.01% |
| Citigroup Global Markets Inc. | $79 | 0.01% |
C000254669 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $7.6B | 97.33% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $208.0M | 2.67% |
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.