ITDD Fees and Costs — iShares LifePath Target Date 2040 ETF
Data updated: 2026-10-13
The net expense ratio is 0.11%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2K in broker commissions, 0.0027% of average net assets, and portfolio turnover was 17%.
ITDD Fees and Expenses
Annual operating expenses and sales charges of ITDD. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.11% |
| Fee waiver | — |
| Net expense ratio | 0.11% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
ITDD Costs Over Time
On $10,000 invested in ITDD, assuming 5% a year before costs, total costs come to $72 over 5 years, cutting the return by 0.12% 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 0.11%) | $12 | $36 | $64 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $2 | $7 |
| Total costs | $12 | $39 | $72 |
| Value after costs | $10,488 | $11,537 | $12,691 |
| Impact on return, per year | 0.12% | 0.12% | 0.12% |
ITDD 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): 0.0027%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $62.2M
- Portfolio turnover (prospectus): 17%
ITDD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Capital, LLC | $597 | 31.33% |
| Jefferies LLC | $403 | 21.13% |
| Citigroup Global Markets Inc. | $280 | 14.66% |
| Citadel Securities LLC | $201 | 10.53% |
| J.P. Morgan Securities LLC | $185 | 9.70% |
| BofA Securities, Inc. | $130 | 6.84% |
| Morgan Stanley & Co. LLC | $40 | 2.11% |
| Goldman Sachs & Co. LLC | $26 | 1.34% |
| Susquehanna Securities | $25 | 1.32% |
| UBS Securities LLC | $20 | 1.03% |
ITDD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jane Street Capital, LLC | $28.2M | 45.37% |
| Citadel Securities LLC | $21.6M | 34.73% |
| BofA Securities, Inc. | $7.9M | 12.75% |
| Citigroup Global Markets Inc. | $4.4M | 7.15% |
| Goldman Sachs & Co. LLC | $357 | 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.