SLVP Fees and Costs — iShares MSCI Global Silver and Metals Miners ETF
Data updated: 2026-07-27
The net expense ratio is 0.39%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $218K in broker commissions, 0.0820% of average net assets, and portfolio turnover was 74%.
SLVP Fees and Expenses
Annual operating expenses and sales charges of SLVP. Prospectus, as of August 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 |
SLVP Costs Over Time
On $10,000 invested in SLVP, assuming 5% a year before costs, total costs come to $298 over 5 years, cutting the return by 0.50% 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 | $128 | $224 |
| Trading costs (broker commissions) | $9 | $27 | $47 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $50 | $163 | $298 |
| Value after costs | $10,450 | $11,413 | $12,464 |
| Impact on return, per year | 0.50% | 0.50% | 0.50% |
SLVP 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): 0.0820%
- Total broker commissions: $218K
- Bought from dealers (principal trades, not a cost): $151.4M
- Portfolio turnover (prospectus): 74%
- Securities on loan, average value: $18.4M
- Net income from securities lending: $125K (0.047% of average net assets)
SLVP Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $68K | 34.12% |
| Jefferies LLC | $36K | 18.17% |
| Scotia Capital (USA) Inc. | $30K | 14.99% |
| J.P. Morgan Securities LLC | $18K | 9.05% |
| National Bank of Canada Financial Inc. | $9K | 4.47% |
| BNY Capital Markets, LLC | $9K | 4.47% |
| Goldman Sachs & Co. LLC | $8K | 3.98% |
| Citigroup Global Markets Inc. | $8K | 3.93% |
| Raymond James & Associates, Inc. | $8K | 3.91% |
| TD Securities (USA) LLC | $6K | 2.91% |
SLVP Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $61.2M | 40.43% |
| J.P. Morgan Securities LLC | $45.2M | 29.85% |
| Virtu Americas LLC | $20.3M | 13.41% |
| Goldman Sachs & Co. LLC | $15.7M | 10.37% |
| UBS Securities LLC | $3.2M | 2.14% |
| BNP Paribas Securities Corp. | $2.6M | 1.73% |
| Citigroup Global Markets Inc. | $1.7M | 1.11% |
| Jane Street Capital, LLC | $938K | 0.62% |
| Mizuho Securities USA LLC | $278K | 0.18% |
| BANCO CITI MEXICO S.A. INSTITUCION DE BANCA MULTIPLE, GRUPO FINANCIERO CITI MEXICO | $228K | 0.15% |
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.