Trade Cost Estimator
The fee table says 0.03%; the fill says otherwise. For a real order size, this instrument reads the tape — how much of the day’s volume you are, what the spread likely takes, and when the right move is a phone call, not a market order.
Volume & price are primary data · spread is a liquidity-band model, stated as an estimate
$15Mtypical dollars traded per day
6.7%your order vs the daily tape
~8bpspread band · ≈$400 on this order
work the orderthe desk’s read
IXJ · $1,000,000 orderThis order IS the market for stretches of the day. Work it in slices, or use the fund's liquidity provider.
ISHARES GLOBAL HEALTHCARE ETF · LAST $107.36 · AVG VOLUME 138K SHARES · ETF LIQUIDITY IS DEEPER THAN THE SCREEN — AUTHORIZED PARTICIPANTS CAN CREATE SHARES AGAINST THE UNDERLYING BOOK, WHICH IS WHY THE ISSUER’S CAPITAL-MARKETS DESK EXISTS