IEUR Fees and Costs — iShares Core MSCI Europe ETF
Data updated: 2026-10-13
The net expense ratio is 0.10%: a 0.09% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $142K in broker commissions, 0.0019% of average net assets, and portfolio turnover was 4%.
IEUR Fees and Expenses
Annual operating expenses and sales charges of IEUR. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.09% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.10% |
| Fee waiver | — |
| Net expense ratio | 0.10% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
IEUR Costs Over Time
On $10,000 invested in IEUR, assuming 5% a year before costs, total costs come to $65 over 5 years, cutting the return by 0.11% 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 0.10%) | $10 | $33 | $58 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $2 | $6 |
| Total costs | $11 | $35 | $65 |
| Value after costs | $10,489 | $11,541 | $12,698 |
| Impact on return, per year | 0.11% | 0.11% | 0.11% |
IEUR Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0019%
- Total broker commissions: $142K
- Bought from dealers (principal trades, not a cost): $3.1B
- Portfolio turnover (prospectus): 4%
IEUR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $24K | 18.49% |
| BNP Paribas Securities Corp. | $22K | 16.79% |
| UBS Securities LLC | $22K | 16.55% |
| Goldman Sachs & Co. LLC | $15K | 11.58% |
| BofA Securities, Inc. | $13K | 9.98% |
| Jefferies LLC | $13K | 9.91% |
| Citigroup Global Markets Inc. | $7K | 5.62% |
| Barclays Capital Inc. | $7K | 5.04% |
| J.P. Morgan Securities LLC | $5K | 3.73% |
| Bernstein Autonomous LLP | $3K | 2.30% |
IEUR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $1.0B | 32.78% |
| Citigroup Global Markets Inc. | $684.4M | 21.88% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $622.2M | 19.89% |
| J.P. Morgan Securities LLC | $274.3M | 8.77% |
| Goldman Sachs & Co. LLC | $264.4M | 8.45% |
| UBS Securities LLC | $257.6M | 8.23% |
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.