C000260347 Fees and Costs — iShares Defense Industrials Active ETF
Data updated: 2026-09-25
The net expense ratio is 0.55%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $313K in broker commissions, 0.0520% of average net assets, and portfolio turnover was 128%.
C000260347 Fees and Expenses
Annual operating expenses and sales charges of C000260347. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| 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 |
C000260347 Costs Over Time
On $10,000 invested in C000260347, assuming 5% a year before costs, total costs come to $380 over 5 years, cutting the return by 0.63% 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) | $5 | $17 | $30 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $208 | $380 |
| Value after costs | $10,437 | $11,368 | $12,383 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
C000260347 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): 0.0520%
- Total broker commissions: $313K
- Bought from dealers (principal trades, not a cost): $3.9B
- Portfolio turnover (prospectus): 128%
- Securities on loan, average value: $13.6M
- Net income from securities lending: $71K (0.012% of average net assets)
C000260347 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $118K | 41.15% |
| HSBC Securities (USA) Inc. | $57K | 19.99% |
| UBS Securities LLC | $30K | 10.64% |
| J.P. Morgan Securities LLC | $21K | 7.50% |
| BTIG, LLC | $13K | 4.41% |
| Morgan Stanley & Co. LLC | $12K | 4.32% |
| Goldman Sachs & Co. LLC | $9K | 3.11% |
| BofA Securities, Inc. | $9K | 3.08% |
| Virtu Americas LLC | $9K | 3.07% |
| BNP Paribas Securities Corp. | $8K | 2.72% |
C000260347 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $2.4B | 61.95% |
| BofA Securities, Inc. | $788.3M | 19.97% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $502.3M | 12.73% |
| Jane Street Capital, LLC | $73.5M | 1.86% |
| UBS Securities LLC | $56.8M | 1.44% |
| Goldman Sachs & Co. LLC | $25.3M | 0.64% |
| Virtu Americas LLC | $23.4M | 0.59% |
| Mizuho Securities USA LLC | $21.6M | 0.55% |
| Citigroup Global Markets Inc. | $9.9M | 0.25% |
| BNP Paribas Securities Corp. | $936K | 0.02% |
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.