SDG Fees and Costs — iShares MSCI Global Sustainable Development Goals ETF
Data updated: 2026-07-27
The net expense ratio is 0.50%: a 0.49% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $50K in broker commissions, 0.0256% of average net assets, and portfolio turnover was 64%.
SDG Fees and Expenses
Annual operating expenses and sales charges of SDG. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| 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 |
SDG Costs Over Time
On $10,000 invested in SDG, assuming 5% a year before costs, total costs come to $332 over 5 years, cutting the return by 0.55% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $3 | $8 | $15 |
| Lost growth on money paid in costs | $0 | $9 | $30 |
| Total costs | $55 | $182 | $332 |
| Value after costs | $10,445 | $11,395 | $12,431 |
| Impact on return, per year | 0.55% | 0.55% | 0.55% |
SDG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0256%
- Total broker commissions: $50K
- Bought from dealers (principal trades, not a cost): $89.8M
- Portfolio turnover (prospectus): 64%
- Securities on loan, average value: $4.8M
- Net income from securities lending: $48K (0.025% of average net assets)
SDG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $7K | 15.90% |
| CLSA Americas, LLC | $7K | 15.40% |
| J.P. Morgan Securities LLC | $6K | 14.74% |
| Goldman Sachs & Co. LLC | $5K | 10.56% |
| Macquarie Capital (USA) Inc. | $4K | 9.25% |
| HSBC Securities (USA) Inc. | $4K | 8.11% |
| UBS Securities LLC | $3K | 7.54% |
| BofA Securities, Inc. | $3K | 6.97% |
| Barclays Capital Inc. | $3K | 6.22% |
| Citigroup Global Markets Inc. | $2K | 5.31% |
SDG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $58.8M | 65.43% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $31.1M | 34.57% |
| UBS Securities LLC | $1K | 0.00% |
| BofA Securities, Inc. | $106 | 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.