EZU Fees and Costs — iShares MSCI Eurozone 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 $131K in broker commissions, 0.0017% of average net assets, and portfolio turnover was 4%.
EZU Fees and Expenses
Annual operating expenses and sales charges of EZU. 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 |
EZU Costs Over Time
On $10,000 invested in EZU, 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% |
EZU 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): 0.0017%
- Total broker commissions: $131K
- Bought from dealers (principal trades, not a cost): $5.0B
- Portfolio turnover (prospectus): 4%
- Securities on loan, average value: $13.7M
- Net income from securities lending: $87K (0.001% of average net assets)
EZU Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $20K | 16.45% |
| Morgan Stanley & Co. LLC | $17K | 13.65% |
| Goldman Sachs & Co. LLC | $16K | 13.28% |
| Jefferies LLC | $15K | 12.31% |
| Citigroup Global Markets Inc. | $15K | 12.28% |
| BNP Paribas Securities Corp. | $14K | 11.51% |
| Barclays Capital Inc. | $13K | 10.64% |
| RBC Capital Markets, LLC | $5K | 3.68% |
| SG Americas Securities, LLC | $4K | 3.21% |
| BofA Securities, Inc. | $4K | 2.99% |
EZU Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $3.4B | 66.79% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $551.1M | 10.94% |
| UBS Securities LLC | $481.0M | 9.55% |
| Goldman Sachs & Co. LLC | $330.4M | 6.56% |
| J.P. Morgan Securities LLC | $249.1M | 4.95% |
| Citigroup Global Markets Inc. | $59.3M | 1.18% |
| Jane Street Capital, LLC | $1.3M | 0.03% |
| Barclays Capital Inc. | $133K | 0.00% |
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.