IEUS Fees and Costs — iShares MSCI Europe Small-Cap ETF
Data updated: 2026-10-13
The net expense ratio is 0.41%: a 0.40% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $14K in broker commissions, 0.0084% of average net assets, and portfolio turnover was 18%.
IEUS Fees and Expenses
Annual operating expenses and sales charges of IEUS. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.41% |
| Fee waiver | — |
| Net expense ratio | 0.41% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
IEUS Costs Over Time
On $10,000 invested in IEUS, assuming 5% a year before costs, total costs come to $265 over 5 years, cutting the return by 0.44% 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 0.41%) | $43 | $135 | $236 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $44 | $145 | $265 |
| Value after costs | $10,456 | $11,432 | $12,498 |
| Impact on return, per year | 0.44% | 0.44% | 0.44% |
IEUS 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): 0.0084%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): $113.8M
- Portfolio turnover (prospectus): 18%
IEUS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $3K | 23.69% |
| Morgan Stanley & Co. LLC | $2K | 15.05% |
| Jefferies LLC | $2K | 14.85% |
| BNP Paribas Securities Corp. | $1K | 10.65% |
| Goldman Sachs & Co. LLC | $1K | 9.97% |
| Citigroup Global Markets Inc. | $1K | 9.49% |
| Bofa Securities, Inc. | $909 | 7.53% |
| Barclays Capital Inc. | $431 | 3.57% |
| Winterflood Securities Limited | $363 | 3.01% |
| J.P. Morgan Securities LLC | $263 | 2.18% |
IEUS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $52.1M | 45.76% |
| Citigroup Global Markets Inc. | $23.3M | 20.44% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $18.4M | 16.15% |
| J.P. Morgan Securities LLC | $16.8M | 14.77% |
| Goldman Sachs & Co. LLC | $3.3M | 2.88% |
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.