IDLV Fees and Costs — Invesco S&P International Developed Low Volatility ETF
Data updated: 2026-09-28
The net expense ratio is 0.25%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $117K in broker commissions, 0.0382% of average net assets, and portfolio turnover was 70%.
IDLV Fees and Expenses
Annual operating expenses and sales charges of IDLV. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
IDLV Costs Over Time
On $10,000 invested in IDLV, assuming 5% a year before costs, total costs come to $183 over 5 years, cutting the return by 0.30% 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 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $5 | $17 |
| Total costs | $30 | $100 | $183 |
| Value after costs | $10,470 | $11,476 | $12,580 |
| Impact on return, per year | 0.30% | 0.30% | 0.30% |
IDLV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0382%
- Total broker commissions: $117K
- Bought from dealers (principal trades, not a cost): $379.6M
- Portfolio turnover (prospectus): 70%
- Securities on loan, average value: $29.2M
- Net income from securities lending: $157K (0.051% of average net assets)
IDLV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $18K | 15.71% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $17K | 14.89% |
| INVESCO CAPITAL MARKETS, INC. | $15K | 12.95% |
| BTIG, LLC | $14K | 12.36% |
| UBS SECURITIES LLC | $13K | 11.49% |
| BARCLAYS CAPITAL INC. | $12K | 10.54% |
| RBC CAPITAL MARKETS, LLC | $10K | 8.26% |
| MACQUARIE CAPITAL (USA) INC. | $7K | 5.92% |
| MORGAN STANLEY & CO. LLC | $6K | 5.54% |
| CITIGROUP GLOBAL MARKETS INC. | $3K | 2.35% |
IDLV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $132.0M | 34.77% |
| BNY MELLON CAPITAL MARKETS, LLC | $108.8M | 28.66% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $67.6M | 17.81% |
| UBS SECURITIES LLC | $66.6M | 17.54% |
| GOLDMAN, SACHS & CO. | $3.2M | 0.86% |
| VIRTU AMERICAS LLC | $1.4M | 0.36% |
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.