ISCG Fees and Costs — iShares Morningstar Small-Cap Growth ETF
Data updated: 2026-09-25
The net expense ratio is 0.06%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $76K in broker commissions, 0.0098% of average net assets, and portfolio turnover was 43%.
ISCG Fees and Expenses
Annual operating expenses and sales charges of ISCG. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.06% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.06% |
| Fee waiver | — |
| Net expense ratio | 0.06% |
| 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 |
ISCG Costs Over Time
On $10,000 invested in ISCG, assuming 5% a year before costs, total costs come to $44 over 5 years, cutting the return by 0.07% 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 0.06%) | $6 | $20 | $35 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $1 | $4 |
| Total costs | $7 | $24 | $44 |
| Value after costs | $10,493 | $11,552 | $12,718 |
| Impact on return, per year | 0.07% | 0.07% | 0.07% |
ISCG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0098%
- Total broker commissions: $76K
- Bought from dealers (principal trades, not a cost): $297.1M
- Portfolio turnover (prospectus): 43%
- Securities on loan, average value: $97.6M
- Net income from securities lending: $520K (0.067% of average net assets)
ISCG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $11K | 17.10% |
| RBC Capital Markets, LLC | $9K | 13.85% |
| UBS Securities LLC | $7K | 11.58% |
| Pershing LLC | $7K | 10.31% |
| Goldman Sachs & Co. LLC | $6K | 10.07% |
| BofA Securities, Inc. | $6K | 9.62% |
| BNP Paribas Securities Corp. | $5K | 8.20% |
| Oppenheimer & Co. Inc. | $5K | 7.72% |
| Citigroup Global Markets Inc. | $4K | 6.76% |
| Instinet, LLC | $3K | 4.80% |
ISCG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corp. | $216.1M | 72.71% |
| BlackRock Liquidity Funds T-Fund | $81.1M | 27.29% |
| Citadel Securities LLC | $3K | 0.00% |
| UBS Securities LLC | $2K | 0.00% |
| Morgan Stanley & Co. LLC | $839 | 0.00% |
| BNP Paribas Securities Corp. | $794 | 0.00% |
| BofA Securities, Inc. | $668 | 0.00% |
| J.P. Morgan Securities LLC | $588 | 0.00% |
| Barclays Capital, Inc. | $498 | 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.