EVLU Fees and Costs — iShares MSCI Emerging Markets Value Factor ETF
Data updated: 2026-07-27
The net expense ratio is 0.35%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $5K in broker commissions, 0.0678% of average net assets, and portfolio turnover was 41%.
EVLU Fees and Expenses
Annual operating expenses and sales charges of EVLU. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.35% |
| Fee waiver | — |
| Net expense ratio | 0.35% |
| 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 |
EVLU Costs Over Time
On $10,000 invested in EVLU, assuming 5% a year before costs, total costs come to $264 over 5 years, cutting the return by 0.44% 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 0.35%) | $37 | $115 | $201 |
| Trading costs (broker commissions) | $7 | $22 | $39 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $44 | $144 | $264 |
| Value after costs | $10,456 | $11,432 | $12,498 |
| Impact on return, per year | 0.44% | 0.44% | 0.44% |
EVLU Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0678%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $3.5M
- Portfolio turnover (prospectus): 41%
- Securities on loan, average value: $290
- Net income from securities lending: $2 (0.000% of average net assets)
EVLU Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $2K | 43.40% |
| J.P. Morgan Securities LLC | $1K | 20.39% |
| Morgan Stanley & Co. LLC | $743 | 14.65% |
| Goldman Sachs & Co. LLC | $433 | 8.55% |
| UBS Securities LLC | $202 | 3.99% |
| Macquarie Capital (USA) Inc. | $190 | 3.75% |
| CLSA Americas, LLC | $98 | 1.94% |
| Barclays Capital Inc. | $72 | 1.42% |
| BNP Paribas Securities Corp. | $51 | 1.01% |
| Jefferies LLC | $46 | 0.91% |
EVLU Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $2.2M | 62.51% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $1.1M | 32.55% |
| J.P. Morgan Securities LLC | $173K | 4.94% |
| HSBC Securities (USA) Inc. | $1 | 0.00% |
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.