ITB Fees and Costs — iShares U.S. Home Construction ETF
Data updated: 2026-08-24
The net expense ratio is 0.38%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $32K in broker commissions, 0.0012% of average net assets, and portfolio turnover was 13%.
ITB Fees and Expenses
Annual operating expenses and sales charges of ITB. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.38% |
| Fee waiver | — |
| Net expense ratio | 0.38% |
| 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 |
ITB Costs Over Time
On $10,000 invested in ITB, assuming 5% a year before costs, total costs come to $241 over 5 years, cutting the return by 0.40% 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 0.38%) | $40 | $125 | $219 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $6 | $22 |
| Total costs | $40 | $132 | $241 |
| Value after costs | $10,460 | $11,444 | $12,521 |
| Impact on return, per year | 0.40% | 0.40% | 0.40% |
ITB 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): 0.0012%
- Total broker commissions: $32K
- Bought from dealers (principal trades, not a cost): $11.2B
- Portfolio turnover (prospectus): 13%
- Securities on loan, average value: $60.5M
- Net income from securities lending: $468K (0.018% of average net assets)
ITB Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $6K | 19.77% |
| Cantor Fitzgerald & Co. | $5K | 19.07% |
| Barclays Capital Inc. | $4K | 14.72% |
| BNP Paribas Securities Corp. | $4K | 13.02% |
| UBS Securities LLC | $4K | 12.57% |
| BofA Securities, Inc. | $2K | 6.95% |
| Morgan Stanley & Co. LLC | $1K | 3.96% |
| Oppenheimer & Co. Inc. | $1K | 3.76% |
| Jefferies LLC | $937 | 3.33% |
| RBC Capital Markets, LLC | $800 | 2.84% |
ITB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $2.6B | 22.91% |
| Jane Street Capital, LLC | $1.5B | 13.71% |
| Morgan Stanley & Co. LLC | $1.5B | 13.12% |
| Citigroup Global Markets Inc. | $990.7M | 8.81% |
| Goldman Sachs & Co. LLC | $969.5M | 8.62% |
| BNP Paribas Securities Corp. | $968.5M | 8.62% |
| Virtu Americas LLC | $865.7M | 7.70% |
| ABN Amro Securities (USA) LLC | $815.4M | 7.25% |
| RBC Capital Markets, LLC | $592.0M | 5.27% |
| Citadel Securities LLC | $447.2M | 3.98% |
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.