WOOD Fees and Costs — iShares Global Timber & Forestry ETF
Data updated: 2026-08-24
The net expense ratio is 0.40%: a 0.39% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $123K in broker commissions, 0.0513% of average net assets, and portfolio turnover was 80%.
WOOD Fees and Expenses
Annual operating expenses and sales charges of WOOD. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.40% |
| Fee waiver | — |
| Net expense ratio | 0.40% |
| 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 |
WOOD Costs Over Time
On $10,000 invested in WOOD, assuming 5% a year before costs, total costs come to $285 over 5 years, cutting the return by 0.47% 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 0.40%) | $42 | $132 | $230 |
| Trading costs (broker commissions) | $5 | $17 | $29 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $156 | $285 |
| Value after costs | $10,453 | $11,420 | $12,477 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
WOOD 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): 0.0513%
- Total broker commissions: $123K
- Bought from dealers (principal trades, not a cost): $186.5M
- Portfolio turnover (prospectus): 80%
- Securities on loan, average value: $978K
- Net income from securities lending: $30K (0.013% of average net assets)
WOOD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTG Pactual US Capital, LLC | $29K | 25.54% |
| UBS Securities LLC | $20K | 17.86% |
| Morgan Stanley & Co. LLC | $15K | 13.42% |
| J.P. Morgan Securities LLC | $12K | 10.55% |
| RBC Capital Markets, LLC | $11K | 10.15% |
| Jefferies LLC | $9K | 8.10% |
| Barclays Capital Inc. | $4K | 3.97% |
| Macquarie Capital (USA) Inc. | $4K | 3.57% |
| Goldman Sachs & Co. LLC | $4K | 3.44% |
| BofA Securities, Inc. | $4K | 3.39% |
WOOD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $85.3M | 45.73% |
| UBS Securities LLC | $54.9M | 29.47% |
| J.P. Morgan Securities LLC | $28.2M | 15.10% |
| BofA Securities, Inc. | $18.1M | 9.71% |
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.