TIP Fees and Costs — iShares TIPS Bond ETF
Data updated: 2026-09-25
The net expense ratio is 0.18%. There are no sales loads or redemption fees. Portfolio turnover was 19%.
TIP Fees and Expenses
Annual operating expenses and sales charges of TIP. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.18% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.18% |
| Fee waiver | — |
| Net expense ratio | 0.18% |
| 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 |
TIP Costs Over Time
On $10,000 invested in TIP, assuming 5% a year before costs, total costs come to $114 over 5 years, cutting the return by 0.19% 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 0.18%) | $19 | $59 | $104 |
| Lost growth on money paid in costs | $0 | $3 | $10 |
| Total costs | $19 | $62 | $114 |
| Value after costs | $10,481 | $11,514 | $12,648 |
| Impact on return, per year | 0.19% | 0.19% | 0.19% |
TIP Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $25.2B
- Portfolio turnover (prospectus): 19%
- Securities on loan, average value: $5.1M
- Net income from securities lending: $26K (0.000% of average net assets)
TIP Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $6.7B | 28.08% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $5.5B | 22.86% |
| Morgan Stanley & Co. LLC | $3.1B | 12.90% |
| Goldman Sachs & Co. LLC | $2.7B | 11.15% |
| Barclays Capital, Inc. | $1.4B | 6.01% |
| BMO Capital Markets Corp. | $1.2B | 5.05% |
| BlackRock Liquidity Funds T-Fund | $1.0B | 4.31% |
| Deutsche Bank Securities Inc. | $952.5M | 3.96% |
| National Securities Clearing Corp. | $697.8M | 2.90% |
| Citigroup Global Markets Inc. | $665.0M | 2.77% |
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.