1 iShares ETFs cost 1/3 less than the average actively managed mutual fund. Morningstar, as of 12/31/15. Comparison is between the average Prospectus Net Expense Ratio for the iShares ETFs (0.37%) and the oldest share class of active open-end mutual funds (1.08%) with 10-year track records that were available in the U.S. between 1/1/2006 and 12/31/2015. Analysis excludes municipal bond and money market funds.
2 Source: BlackRock. Research was conducted online by Market Strategies International. 531 ETF investors with at least $100K in investable assets, and 260 financial advisors with $50M+ in assets under management, were polled between May 23 and May 31, 2014.