EWD Fees and Costs — iShares MSCI Sweden ETF
Data updated: 2026-07-27
The net expense ratio is 0.51%: a 0.49% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $41K in broker commissions, 0.0121% of average net assets, and portfolio turnover was 20%.
EWD Fees and Expenses
Annual operating expenses and sales charges of EWD. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.51% |
| Fee waiver | — |
| Net expense ratio | 0.51% |
| 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 |
EWD Costs Over Time
On $10,000 invested in EWD, assuming 5% a year before costs, total costs come to $330 over 5 years, cutting the return by 0.55% 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 0.51%) | $54 | $168 | $293 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $55 | $180 | $330 |
| Value after costs | $10,445 | $11,396 | $12,433 |
| Impact on return, per year | 0.55% | 0.55% | 0.55% |
EWD 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): 0.0121%
- Total broker commissions: $41K
- Bought from dealers (principal trades, not a cost): $487.8M
- Portfolio turnover (prospectus): 20%
- Securities on loan, average value: $2.5M
- Net income from securities lending: $7K (0.002% of average net assets)
EWD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $22K | 54.85% |
| Goldman Sachs & Co. LLC | $8K | 20.31% |
| Barclays Capital Inc. | $4K | 10.45% |
| RBC Capital Markets, LLC | $1K | 3.64% |
| SG Americas Securities, LLC | $1K | 3.51% |
| Citigroup Global Markets Inc. | $1K | 3.17% |
| BNP Paribas Securities Corp. | $491 | 1.22% |
| UBS Securities LLC | $448 | 1.12% |
| Morgan Stanley & Co. LLC | $373 | 0.93% |
| BofA Securities, Inc. | $322 | 0.80% |
EWD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNP Paribas Securities Corp. | $119.7M | 24.54% |
| Goldman Sachs & Co. LLC | $106.4M | 21.82% |
| J.P. Morgan Securities LLC | $77.0M | 15.79% |
| UBS Securities LLC | $63.2M | 12.97% |
| BofA Securities, Inc. | $39.4M | 8.08% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $38.6M | 7.92% |
| Morgan Stanley & Co. LLC | $21.2M | 4.35% |
| Virtu Americas LLC | $18.1M | 3.72% |
| Jane Street Capital, LLC | $4.0M | 0.83% |
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.