ITOT Fees and Costs — iShares Core S&P Total U.S. Stock Market ETF
Data updated: 2026-08-25
The net expense ratio is 0.03%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $669K in broker commissions, 0.0009% of average net assets, and portfolio turnover was 3%.
ITOT Fees and Expenses
Annual operating expenses and sales charges of ITOT. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.03% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.03% |
| Fee waiver | — |
| Net expense ratio | 0.03% |
| 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 |
ITOT Costs Over Time
On $10,000 invested in ITOT, assuming 5% a year before costs, total costs come to $20 over 5 years, cutting the return by 0.03% 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 0.03%) | $3 | $10 | $17 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $1 | $2 |
| Total costs | $3 | $11 | $20 |
| Value after costs | $10,497 | $11,566 | $12,743 |
| Impact on return, per year | 0.03% | 0.03% | 0.03% |
ITOT 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): 0.0009%
- Total broker commissions: $669K
- Bought from dealers (principal trades, not a cost): $17.7B
- Portfolio turnover (prospectus): 3%
- Securities on loan, average value: $951.9M
- Net income from securities lending: $7.7M (0.010% of average net assets)
ITOT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $90K | 16.77% |
| Pershing LLC | $80K | 14.94% |
| Oppenheimer & Co. Inc. | $55K | 10.29% |
| Goldman Sachs & Co. LLC | $53K | 9.93% |
| UBS Securities LLC | $52K | 9.70% |
| J.P. Morgan Securities LLC | $52K | 9.68% |
| BofA Securities, Inc. | $45K | 8.28% |
| Citigroup Global Markets Inc. | $43K | 8.00% |
| BNP Paribas Securities Corp. | $34K | 6.39% |
| Barclays Capital, Inc. | $32K | 6.02% |
ITOT Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corp. | $14.3B | 80.60% |
| BlackRock Liquidity Funds T-Fund | $3.4B | 19.39% |
| Morgan Stanley & Co. LLC | $547K | 0.00% |
| BofA Securities, Inc. | $242K | 0.00% |
| ABN AMRO Clearing Chicago LLC | $231K | 0.00% |
| Goldman Sachs & Co. LLC | $196K | 0.00% |
| Citadel Securities LLC | $194K | 0.00% |
| Jane Street Capital, LLC | $145K | 0.00% |
| RBC Capital Markets, LLC | $113K | 0.00% |
| Virtu Americas LLC | $71K | 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.