MXI Fees and Costs — iShares Global Materials ETF
Data updated: 2026-08-24
The net expense ratio is 0.39%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $13K in broker commissions, 0.0051% of average net assets, and portfolio turnover was 8%.
MXI Fees and Expenses
Annual operating expenses and sales charges of MXI. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.39% |
| Fee waiver | — |
| Net expense ratio | 0.39% |
| 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 |
MXI Costs Over Time
On $10,000 invested in MXI, assuming 5% a year before costs, total costs come to $250 over 5 years, cutting the return by 0.41% 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 0.39%) | $41 | $129 | $224 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $6 | $23 |
| Total costs | $41 | $137 | $250 |
| Value after costs | $10,459 | $11,440 | $12,513 |
| Impact on return, per year | 0.41% | 0.41% | 0.41% |
MXI 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): 0.0051%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): $194.0M
- Portfolio turnover (prospectus): 8%
- Securities on loan, average value: $3.6M
- Net income from securities lending: $4K (0.002% of average net assets)
MXI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $3K | 31.82% |
| Citigroup Global Markets Inc. | $3K | 25.34% |
| UBS Securities LLC | $1K | 10.21% |
| J.P. Morgan Securities LLC | $880 | 8.27% |
| Morgan Stanley & Co. LLC | $753 | 7.07% |
| Barclays Capital Inc. | $503 | 4.72% |
| HSBC Securities (USA) Inc. | $385 | 3.62% |
| Macquarie Capital (USA) Inc. | $354 | 3.33% |
| Jefferies LLC | $305 | 2.87% |
| BNP Paribas Securities Corp. | $292 | 2.75% |
MXI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $106.3M | 54.80% |
| UBS Securities LLC | $37.5M | 19.34% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $34.1M | 17.57% |
| Jane Street Capital, LLC | $16.1M | 8.29% |
| Morgan Stanley & Co. LLC | $2K | 0.00% |
| BofA Securities, Inc. | $158 | 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.