COMT Fees and Costs — iShares GSCI Commodity Dynamic Roll Strategy ETF
Data updated: 2026-09-25
The net expense ratio is 0.48% (0.49% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $452K in broker commissions, 0.0666% of average net assets, and portfolio turnover was 0%.
COMT Fees and Expenses
Annual operating expenses and sales charges of COMT. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.49% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.48% |
| 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 |
COMT Costs Over Time
On $10,000 invested in COMT, assuming 5% a year before costs, total costs come to $345 over 5 years, cutting the return by 0.57% 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 0.48%) | $50 | $158 | $275 |
| Trading costs (broker commissions) | $7 | $22 | $38 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $57 | $189 | $345 |
| Value after costs | $10,443 | $11,387 | $12,418 |
| Impact on return, per year | 0.57% | 0.57% | 0.57% |
COMT Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0666%
- Total broker commissions: $452K
- Bought from dealers (principal trades, not a cost): $5.4B
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
COMT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $232K | 51.26% |
| Goldman Sachs & Co. LLC | $220K | 48.74% |
COMT Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $3.4B | 67.08% |
| J.P. Morgan Securities LLC | $327.6M | 6.52% |
| RBC Capital Markets, LLC | $284.7M | 5.67% |
| Citigroup Global Markets Inc. | $205.8M | 4.10% |
| Barclays Capital Inc. | $198.7M | 3.95% |
| BofA Securities, Inc. | $190.2M | 3.79% |
| BNY Capital Markets, LLC | $135.6M | 2.70% |
| Nomura Securities International, Inc. | $114.5M | 2.28% |
| Goldman Sachs & Co. LLC | $107.7M | 2.14% |
| Wells Fargo Securities, LLC | $89.4M | 1.78% |
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.