IBLC Fees and Costs — iShares Blockchain and Tech ETF
Data updated: 2026-08-24
The net expense ratio is 0.47%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $40K in broker commissions, 0.0625% of average net assets, and portfolio turnover was 51%.
IBLC Fees and Expenses
Annual operating expenses and sales charges of IBLC. Prospectus, as of March 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 | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
IBLC Costs Over Time
On $10,000 invested in IBLC, assuming 5% a year before costs, total costs come to $336 over 5 years, cutting the return by 0.56% 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) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $56 | $184 | $336 |
| Value after costs | $10,444 | $11,392 | $12,427 |
| Impact on return, per year | 0.56% | 0.56% | 0.56% |
IBLC Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0625%
- Total broker commissions: $40K
- Bought from dealers (principal trades, not a cost): $92.9M
- Portfolio turnover (prospectus): 51%
- Securities on loan, average value: $21.4M
- Net income from securities lending: $216K (0.341% of average net assets)
IBLC Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $12K | 35.54% |
| BofA Securities, Inc. | $3K | 10.26% |
| UBS Securities LLC | $3K | 10.14% |
| RBC Capital Markets, LLC | $3K | 9.13% |
| Stern Brothers & Co. | $3K | 8.87% |
| Citadel Securities LLC | $2K | 7.23% |
| BNY Capital Markets, LLC | $2K | 6.56% |
| J.P. Morgan Securities LLC | $1K | 4.17% |
| Oppenheimer & Co. Inc. | $1K | 4.13% |
| Barclays Capital Inc. | $1K | 3.98% |
IBLC Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jane Street Capital, LLC | $34.5M | 37.10% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $22.4M | 24.11% |
| Virtu Americas LLC | $18.5M | 19.94% |
| Goldman Sachs & Co. LLC | $9.2M | 9.86% |
| J.P. Morgan Securities LLC | $8.3M | 8.97% |
| BNP Paribas Securities Corp. | $15K | 0.02% |
| Citigroup Global Markets Inc. | $139 | 0.00% |
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.