EWQ Fees and Costs — iShares MSCI France ETF
Data updated: 2026-07-27
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $8K in broker commissions, 0.0016% of average net assets, and portfolio turnover was 4%.
EWQ Fees and Expenses
Annual operating expenses and sales charges of EWQ. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| 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 |
EWQ Costs Over Time
On $10,000 invested in EWQ, assuming 5% a year before costs, total costs come to $317 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 | $1 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $173 | $317 |
| Value after costs | $10,447 | $11,403 | $12,446 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
EWQ 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): 0.0016%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $413.6M
- Portfolio turnover (prospectus): 4%
- Securities on loan, average value: $33K
- Net income from securities lending: $7K (0.001% of average net assets)
EWQ Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $2K | 24.31% |
| Wells Fargo Securities, LLC | $1K | 20.09% |
| Morgan Stanley & Co. LLC | $905 | 12.48% |
| Goldman Sachs & Co. LLC | $813 | 11.21% |
| Barclays Capital Inc. | $629 | 8.68% |
| BNP Paribas Securities Corp. | $472 | 6.51% |
| Jefferies LLC | $467 | 6.44% |
| HSBC Securities (USA) Inc. | $274 | 3.78% |
| Nomura Securities International, Inc. | $237 | 3.27% |
| SG Americas Securities, LLC | $234 | 3.23% |
EWQ Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $164.0M | 39.66% |
| Morgan Stanley & Co. LLC | $95.3M | 23.04% |
| BofA Securities, Inc. | $86.3M | 20.86% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $34.7M | 8.39% |
| J.P. Morgan Securities LLC | $16.8M | 4.06% |
| Goldman Sachs & Co. LLC | $16.5M | 3.99% |
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.