IYM Fees and Costs — iShares U.S. Basic Materials ETF
Data updated: 2026-09-23
The net expense ratio is 0.37%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $20K in broker commissions, 0.0026% of average net assets, and portfolio turnover was 18%.
IYM Fees and Expenses
Annual operating expenses and sales charges of IYM. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.37% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.37% |
| Fee waiver | — |
| Net expense ratio | 0.37% |
| 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 |
IYM Costs Over Time
On $10,000 invested in IYM, assuming 5% a year before costs, total costs come to $236 over 5 years, cutting the return by 0.39% 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 0.37%) | $39 | $122 | $213 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $6 | $22 |
| Total costs | $39 | $129 | $236 |
| Value after costs | $10,461 | $11,447 | $12,527 |
| Impact on return, per year | 0.39% | 0.39% | 0.39% |
IYM Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0026%
- Total broker commissions: $20K
- Bought from dealers (principal trades, not a cost): $2.9B
- Portfolio turnover (prospectus): 18%
- Securities on loan, average value: $5.5M
- Net income from securities lending: $21K (0.003% of average net assets)
IYM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $4K | 21.23% |
| Wells Fargo Securities, LLC | $3K | 19.55% |
| UBS Securities LLC | $3K | 15.40% |
| Cowen and Company, LLC | $2K | 10.26% |
| Morgan Stanley & Co. LLC | $2K | 10.07% |
| BNP Paribas Securities Corp. | $1K | 6.15% |
| BofA Securities, Inc. | $850 | 5.04% |
| Barclays Capital Inc. | $799 | 4.74% |
| Goldman Sachs & Co. LLC | $645 | 3.82% |
| Oppenheimer & Co. Inc. | $631 | 3.74% |
IYM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $832.6M | 28.24% |
| Jane Street Capital, LLC | $723.0M | 24.53% |
| Virtu Americas LLC | $416.9M | 14.14% |
| Goldman Sachs & Co. LLC | $349.0M | 11.84% |
| Citadel Securities LLC | $315.3M | 10.70% |
| Citigroup Global Markets Inc. | $157.4M | 5.34% |
| RBC Capital Markets, LLC | $118.7M | 4.03% |
| BNP Paribas Securities Corp. | $34.9M | 1.18% |
| Morgan Stanley & Co. LLC | $46 | 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.