IWP Fees and Costs — iShares Russell Mid-Cap Growth ETF
Data updated: 2026-08-25
The net expense ratio is 0.23%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $731K in broker commissions, 0.0038% of average net assets, and portfolio turnover was 24%.
IWP Fees and Expenses
Annual operating expenses and sales charges of IWP. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.23% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.23% |
| Fee waiver | — |
| Net expense ratio | 0.23% |
| 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 |
IWP Costs Over Time
On $10,000 invested in IWP, assuming 5% a year before costs, total costs come to $149 over 5 years, cutting the return by 0.25% 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 0.23%) | $24 | $76 | $133 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $4 | $14 |
| Total costs | $25 | $81 | $149 |
| Value after costs | $10,475 | $11,495 | $12,614 |
| Impact on return, per year | 0.25% | 0.25% | 0.25% |
IWP 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): 0.0038%
- Total broker commissions: $731K
- Bought from dealers (principal trades, not a cost): $13.0B
- Portfolio turnover (prospectus): 24%
- Securities on loan, average value: $852.8M
- Net income from securities lending: $3.0M (0.015% of average net assets)
IWP Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital, Inc. | $377K | 53.73% |
| BNP Paribas Securities Corp. | $91K | 13.03% |
| Morgan Stanley & Co. LLC | $59K | 8.45% |
| Wells Fargo Securities, LLC | $51K | 7.25% |
| TD SECURITIES (USA) LLC | $29K | 4.17% |
| UBS Securities LLC | $27K | 3.82% |
| BofA Securities, Inc. | $22K | 3.08% |
| Citigroup Global Markets Inc. | $18K | 2.57% |
| RBC Capital Markets, LLC | $17K | 2.40% |
| Goldman Sachs & Co. LLC | $11K | 1.51% |
IWP Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corp. | $12.2B | 93.87% |
| BlackRock Liquidity Funds T-Fund | $795.4M | 6.13% |
| J.P. Morgan Securities LLC | $47 | 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.