EWY Fees and Costs — iShares MSCI South Korea ETF
Data updated: 2026-07-27
The net expense ratio is 0.59%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1.4M in broker commissions, 0.0354% of average net assets, and portfolio turnover was 49%.
EWY Fees and Expenses
Annual operating expenses and sales charges of EWY. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.59% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.59% |
| Fee waiver | — |
| Net expense ratio | 0.59% |
| 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 |
EWY Costs Over Time
On $10,000 invested in EWY, assuming 5% a year before costs, total costs come to $394 over 5 years, cutting the return by 0.66% 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 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $4 | $12 | $20 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $66 | $216 | $394 |
| Value after costs | $10,434 | $11,360 | $12,369 |
| Impact on return, per year | 0.66% | 0.66% | 0.66% |
EWY 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): 0.0354%
- Total broker commissions: $1.4M
- Bought from dealers (principal trades, not a cost): $281.0M
- Portfolio turnover (prospectus): 49%
- Securities on loan, average value: $188.0M
- Net income from securities lending: $6.3M (0.156% of average net assets)
EWY Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $738K | 51.96% |
| J.P. Morgan Securities LLC | $274K | 19.31% |
| Macquarie Capital (USA) Inc. | $109K | 7.70% |
| Citigroup Global Markets Inc. | $93K | 6.58% |
| Goldman Sachs & Co. LLC | $92K | 6.46% |
| CLSA Americas, LLC | $53K | 3.73% |
| HSBC Securities (USA) Inc. | $28K | 1.97% |
| UBS Securities LLC | $18K | 1.29% |
| Morgan Stanley & Co. LLC | $7K | 0.52% |
| Mirae Asset Securities (USA) Inc. | $7K | 0.48% |
EWY Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $281.0M | 100.00% |
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.