ETEC Fees and Costs — iShares Breakthrough Environmental Solutions ETF
Data updated: 2026-10-13
The net expense ratio is 0.47%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1K in broker commissions, 0.0296% of average net assets, and portfolio turnover was 61%.
ETEC Fees and Expenses
Annual operating expenses and sales charges of ETEC. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.47% |
| Fee waiver | — |
| Net expense ratio | 0.47% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
ETEC Costs Over Time
On $10,000 invested in ETEC, assuming 5% a year before costs, total costs come to $316 over 5 years, cutting the return by 0.52% 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 0.47%) | $49 | $155 | $270 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $52 | $173 | $316 |
| Value after costs | $10,448 | $11,404 | $12,447 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
ETEC 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): 0.0296%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $412K
- Portfolio turnover (prospectus): 61%
ETEC Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CLSA Americas, LLC | $299 | 26.51% |
| Morgan Stanley & Co. LLC | $212 | 18.75% |
| J.P. Morgan Securities LLC | $126 | 11.20% |
| BofA Securities, Inc. | $109 | 9.65% |
| Goldman Sachs & Co. LLC | $101 | 8.94% |
| BNP Paribas Securities Corp. | $85 | 7.52% |
| Citigroup Global Markets Inc. | $55 | 4.85% |
| UBS Securities LLC | $50 | 4.47% |
| Barclays Capital Inc. | $47 | 4.18% |
| Macquarie Capital (USA) Inc. | $44 | 3.91% |
ETEC Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $412K | 99.90% |
| Goldman Sachs & Co. LLC | $394 | 0.10% |
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.