REET Fees and Costs — iShares Global REIT ETF
Data updated: 2026-09-23
The net expense ratio is 0.14%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $183K in broker commissions, 0.0044% of average net assets, and portfolio turnover was 5%.
REET Fees and Expenses
Annual operating expenses and sales charges of REET. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.14% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.14% |
| Fee waiver | — |
| Net expense ratio | 0.14% |
| 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 |
REET Costs Over Time
On $10,000 invested in REET, assuming 5% a year before costs, total costs come to $92 over 5 years, cutting the return by 0.15% 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 0.14%) | $15 | $46 | $81 |
| Trading costs (broker commissions) | $0 | $1 | $3 |
| Lost growth on money paid in costs | $0 | $2 | $8 |
| Total costs | $15 | $50 | $92 |
| Value after costs | $10,485 | $11,526 | $12,671 |
| Impact on return, per year | 0.15% | 0.15% | 0.15% |
REET 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): 0.0044%
- Total broker commissions: $183K
- Bought from dealers (principal trades, not a cost): $2.3B
- Portfolio turnover (prospectus): 5%
- Securities on loan, average value: $17.6M
- Net income from securities lending: $124K (0.003% of average net assets)
REET Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| HSBC Securities (USA) Inc. | $25K | 17.58% |
| UBS Securities LLC | $21K | 14.50% |
| BofA Securities, Inc. | $20K | 14.40% |
| J.P. Morgan Securities LLC | $15K | 10.80% |
| Morgan Stanley & Co. LLC | $12K | 8.59% |
| Barclays Capital Inc. | $12K | 8.32% |
| Jefferies LLC | $10K | 7.16% |
| Goldman Sachs & Co. LLC | $10K | 6.94% |
| Citigroup Global Markets Inc. | $8K | 5.93% |
| BNP Paribas Securities Corp. | $8K | 5.78% |
REET Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $803.7M | 35.17% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $622.8M | 27.26% |
| UBS Securities LLC | $564.7M | 24.71% |
| J.P. Morgan Securities LLC | $127.0M | 5.56% |
| Jane Street Capital, LLC | $72.0M | 3.15% |
| Goldman Sachs & Co. LLC | $69.9M | 3.06% |
| Citigroup Global Markets Inc. | $24.8M | 1.09% |
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.