2022 Summary Prospectus |
• | BlackRock Future Innovators ETF | BFTR | NYSE ARCA |
Ticker: BFTR | Stock Exchange: NYSE Arca |
Annual
Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) | ||||||||||
Management
Fees1 |
Distribution
and Service (12b-1) Fees |
Other
Expenses |
Total
Annual Fund Operating Expenses |
Fee
Waiver1 |
Total
Annual Fund Operating Expenses After Fee Waiver1 | |||||
0.80% | None | None | 0.80% | — | 0.80% |
1 | As described in the “Management” section of the Fund's prospectus beginning on page 19, BFA has contractually agreed to waive a portion of its management fees in an amount equal to the aggregate Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other funds advised by BFA or its affiliates through June 30, 2024. The agreement may be terminated upon 90 days' notice by a majority of the non-interested trustees of the Trust or by a vote of a majority of the outstanding voting securities of the Fund. |
1 Year | 3 Years | 5 Years | 10 Years | |||||
$82 | $255 | $444 | $990 |
One Year | Since
Fund Inception | ||
(Inception Date): 9/29/2020 | |||
Return Before Taxes | -6.05% | 18.65% | |
Return after Taxes on Distributions1 | -6.05% | 18.65% | |
Return after Taxes on Distributions and Sale of Fund Shares1 | -3.58% | 14.28% | |
Russell 2500 Growth Index (Index returns do not reflect deductions for fees, expenses or taxes) | 5.04% | 25.25% |
1 | After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. |