IWR Fees and Costs — iShares Russell Mid-Cap ETF
Data updated: 2026-08-25
The net expense ratio is 0.18%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1.0M in broker commissions, 0.0023% of average net assets, and portfolio turnover was 11%.
IWR Fees and Expenses
Annual operating expenses and sales charges of IWR. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.18% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.18% |
| Fee waiver | — |
| Net expense ratio | 0.18% |
| 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 |
IWR Costs Over Time
On $10,000 invested in IWR, assuming 5% a year before costs, total costs come to $116 over 5 years, cutting the return by 0.19% 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 0.18%) | $19 | $59 | $104 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $3 | $11 |
| Total costs | $19 | $63 | $116 |
| Value after costs | $10,481 | $11,513 | $12,647 |
| Impact on return, per year | 0.19% | 0.19% | 0.19% |
IWR 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): 0.0023%
- Total broker commissions: $1.0M
- Bought from dealers (principal trades, not a cost): $14.8B
- Portfolio turnover (prospectus): 11%
- Securities on loan, average value: $1.3B
- Net income from securities lending: $8.5M (0.019% of average net assets)
IWR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital, Inc. | $389K | 43.62% |
| BNP Paribas Securities Corp. | $111K | 12.48% |
| BofA Securities, Inc. | $69K | 7.79% |
| UBS Securities LLC | $68K | 7.68% |
| Goldman Sachs & Co. LLC | $60K | 6.69% |
| Wells Fargo Securities, LLC | $55K | 6.21% |
| TD SECURITIES (USA) LLC | $42K | 4.68% |
| J.P. Morgan Securities LLC | $37K | 4.18% |
| Citigroup Global Markets Inc. | $36K | 4.09% |
| Morgan Stanley & Co. LLC | $23K | 2.58% |
IWR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corp. | $11.7B | 79.19% |
| BlackRock Liquidity Funds T-Fund | $3.1B | 20.78% |
| Goldman Sachs & Co. LLC | $1.1M | 0.01% |
| BofA Securities, Inc. | $785K | 0.01% |
| UBS Securities LLC | $529K | 0.00% |
| Jane Street Capital, LLC | $507K | 0.00% |
| Citadel Securities LLC | $492K | 0.00% |
| BNP Paribas Securities Corp. | $274K | 0.00% |
| Virtu Americas LLC | $165K | 0.00% |
| Morgan Stanley & Co. LLC | $103K | 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.