EWJV Fees and Costs — iShares MSCI Japan Value ETF
Data updated: 2026-07-27
The net expense ratio is 0.15%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $33K in broker commissions, 0.0104% of average net assets, and portfolio turnover was 36%.
EWJV Fees and Expenses
Annual operating expenses and sales charges of EWJV. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.15% |
| Fee waiver | — |
| Net expense ratio | 0.15% |
| 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 |
EWJV Costs Over Time
On $10,000 invested in EWJV, assuming 5% a year before costs, total costs come to $102 over 5 years, cutting the return by 0.17% 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 0.15%) | $16 | $50 | $87 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $3 | $9 |
| Total costs | $17 | $56 | $102 |
| Value after costs | $10,483 | $11,521 | $12,661 |
| Impact on return, per year | 0.17% | 0.17% | 0.17% |
EWJV 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): 0.0104%
- Total broker commissions: $33K
- Bought from dealers (principal trades, not a cost): $291.9M
- Portfolio turnover (prospectus): 36%
- Securities on loan, average value: $149K
- Net income from securities lending: $2K (0.001% of average net assets)
EWJV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $6K | 19.58% |
| Goldman Sachs & Co. LLC | $6K | 17.96% |
| Citigroup Global Markets Inc. | $5K | 16.29% |
| Jefferies LLC | $3K | 10.63% |
| BofA Securities, Inc. | $3K | 10.19% |
| Nomura Securities International, Inc. | $3K | 8.62% |
| CLSA Americas, LLC | $2K | 5.81% |
| Morgan Stanley & Co. LLC | $2K | 5.03% |
| UBS Securities LLC | $945 | 3.04% |
| BNP Paribas Securities Corp. | $891 | 2.86% |
EWJV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $135.8M | 46.54% |
| UBS Securities LLC | $70.8M | 24.26% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $46.5M | 15.94% |
| Goldman Sachs & Co. LLC | $28.6M | 9.81% |
| Daiwa Capital Markets America Inc. | $10.1M | 3.45% |
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.