IDAT Fees and Costs — iShares Future Cloud 5G and Tech ETF
Data updated: 2025-10-14
The net expense ratio is 0.47%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $439 in broker commissions, 0.0056% of average net assets, and portfolio turnover was 37%.
IDAT Fees and Expenses
Annual operating expenses and sales charges of IDAT. Prospectus, as of November 30, 2024.
| 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 |
IDAT Costs Over Time
On $10,000 invested in IDAT, assuming 5% a year before costs, total costs come to $301 over 5 years, cutting the return by 0.50% 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) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $50 | $164 | $301 |
| Value after costs | $10,450 | $11,412 | $12,462 |
| Impact on return, per year | 0.50% | 0.50% | 0.50% |
IDAT Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0056%
- Total broker commissions: $439
- Bought from dealers (principal trades, not a cost): $874K
- Portfolio turnover (prospectus): 37%
- Securities on loan, average value: $295K
- Net income from securities lending: $712 (0.009% of average net assets)
IDAT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $102 | 25.03% |
| HSBC Securities (USA) Inc. | $90 | 22.11% |
| Citigroup Global Markets Inc. | $50 | 12.39% |
| Morgan Stanley & Co. LLC | $40 | 9.80% |
| J.P. Morgan Securities LLC | $34 | 8.40% |
| Barclays Capital Inc. | $27 | 6.70% |
| BNY Capital Markets, LLC | $23 | 5.71% |
| RBC Capital Markets, LLC | $20 | 4.84% |
| Nomura Securities International, Inc. | $11 | 2.80% |
| BNP Paribas Securities Corp. | $9 | 2.22% |
IDAT Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $870K | 99.54% |
| UBS Securities LLC | $2K | 0.28% |
| BNP Paribas Securities Corp. | $559 | 0.06% |
| Morgan Stanley & Co. LLC | $539 | 0.06% |
| Citigroup Global Markets Inc. | $251 | 0.03% |
| BofA Securities, Inc. | $144 | 0.02% |
| J.P. Morgan Securities LLC | $94 | 0.01% |
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.