EWN Fees and Costs — iShares MSCI Netherlands ETF
Data updated: 2026-07-27
The net expense ratio is 0.50%: a 0.49% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $11K in broker commissions, 0.0044% of average net assets, and portfolio turnover was 12%.
EWN Fees and Expenses
Annual operating expenses and sales charges of EWN. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| 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 |
EWN Costs Over Time
On $10,000 invested in EWN, assuming 5% a year before costs, total costs come to $319 over 5 years, cutting the return by 0.53% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $0 | $1 | $3 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $174 | $319 |
| Value after costs | $10,447 | $11,402 | $12,444 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
EWN 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): 0.0044%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): $340.4M
- Portfolio turnover (prospectus): 12%
- Securities on loan, average value: $2.5M
- Net income from securities lending: $88K (0.034% of average net assets)
EWN Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $4K | 34.22% |
| Jefferies LLC | $2K | 15.34% |
| Citigroup Global Markets Inc. | $1K | 12.06% |
| Morgan Stanley & Co. LLC | $1K | 11.02% |
| RBC Capital Markets, LLC | $946 | 8.66% |
| Wells Fargo Securities, LLC | $732 | 6.69% |
| BofA Securities, Inc. | $394 | 3.60% |
| Nomura Securities International, Inc. | $342 | 3.13% |
| Barclays Capital Inc. | $293 | 2.68% |
| UBS Securities LLC | $283 | 2.59% |
EWN Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $112.6M | 33.07% |
| J.P. Morgan Securities LLC | $86.0M | 25.26% |
| Virtu Americas LLC | $51.4M | 15.11% |
| BofA Securities, Inc. | $45.2M | 13.26% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $25.3M | 7.42% |
| UBS Securities LLC | $13.7M | 4.02% |
| Citigroup Global Markets Inc. | $5.3M | 1.55% |
| Jane Street Capital, LLC | $1.0M | 0.30% |
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.