IHAK Fees and Costs — iShares Cybersecurity and Tech 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 $140K in broker commissions, 0.0162% of average net assets, and portfolio turnover was 25%.
IHAK Fees and Expenses
Annual operating expenses and sales charges of IHAK. 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 | — |
IHAK Costs Over Time
On $10,000 invested in IHAK, assuming 5% a year before costs, total costs come to $307 over 5 years, cutting the return by 0.51% 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) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $51 | $168 | $307 |
| Value after costs | $10,449 | $11,408 | $12,456 |
| Impact on return, per year | 0.51% | 0.51% | 0.51% |
IHAK 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): 0.0162%
- Total broker commissions: $140K
- Bought from dealers (principal trades, not a cost): $277.8M
- Portfolio turnover (prospectus): 25%
IHAK Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $45K | 34.61% |
| Citigroup Global Markets Inc. | $27K | 20.50% |
| RBC Capital Markets, LLC | $16K | 12.55% |
| Wells Fargo Securities, LLC | $11K | 8.20% |
| J.P. Morgan Securities LLC | $7K | 5.29% |
| UBS Securities LLC | $6K | 4.57% |
| Instinet, LLC | $6K | 4.43% |
| BMO Capital Markets Corp. | $5K | 4.05% |
| Goldman Sachs & Co. LLC | $5K | 3.66% |
| Jefferies LLC | $3K | 2.12% |
IHAK Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $129.3M | 46.56% |
| UBS Securities LLC | $61.6M | 22.18% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $41.9M | 15.08% |
| Jane Street Capital, LLC | $22.9M | 8.24% |
| Goldman Sachs & Co. LLC | $15.8M | 5.70% |
| Citigroup Global Markets Inc. | $6.2M | 2.23% |
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.