IJJ Fees and Costs — iShares S&P Mid-Cap 400 Value ETF
Data updated: 2026-08-25
The net expense ratio is 0.18%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $438K in broker commissions, 0.0056% of average net assets, and portfolio turnover was 40%.
IJJ Fees and Expenses
Annual operating expenses and sales charges of IJJ. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.18% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.18% |
| Fee waiver | — |
| Net expense ratio | 0.18% |
| 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 |
IJJ Costs Over Time
On $10,000 invested in IJJ, assuming 5% a year before costs, total costs come to $118 over 5 years, cutting the return by 0.19% 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 0.18%) | $19 | $59 | $104 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $3 | $11 |
| Total costs | $19 | $64 | $118 |
| Value after costs | $10,481 | $11,512 | $12,645 |
| Impact on return, per year | 0.19% | 0.19% | 0.19% |
IJJ 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): 0.0056%
- Total broker commissions: $438K
- Bought from dealers (principal trades, not a cost): $3.5B
- Portfolio turnover (prospectus): 40%
- Securities on loan, average value: $240.2M
- Net income from securities lending: $634K (0.008% of average net assets)
IJJ Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $60K | 16.56% |
| Goldman Sachs & Co. LLC | $54K | 14.77% |
| UBS Securities LLC | $53K | 14.63% |
| Morgan Stanley & Co. LLC | $49K | 13.50% |
| BNP Paribas Securities Corp. | $35K | 9.76% |
| Barclays Capital, Inc. | $29K | 7.88% |
| J.P. Morgan Securities LLC | $25K | 6.83% |
| Jefferies LLC | $21K | 5.90% |
| Cantor Fitzgerald & Co. | $20K | 5.48% |
| Oppenheimer & Co. Inc. | $17K | 4.68% |
IJJ Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corp. | $2.6B | 74.23% |
| BlackRock Liquidity Funds T-Fund | $897.6M | 25.77% |
| UBS Securities LLC | $568 | 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.