IUS Fees and Costs — Invesco RAFI Strategic US ETF
Data updated: 2026-07-28
The net expense ratio is 0.19%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $18K in broker commissions, 0.0029% of average net assets, and portfolio turnover was 11%.
IUS Fees and Expenses
Annual operating expenses and sales charges of IUS. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.19% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.19% |
| Fee waiver | — |
| Net expense ratio | 0.19% |
| 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 |
IUS Costs Over Time
On $10,000 invested in IUS, assuming 5% a year before costs, total costs come to $123 over 5 years, cutting the return by 0.20% 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 0.19%) | $20 | $63 | $110 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $3 | $11 |
| Total costs | $20 | $67 | $123 |
| Value after costs | $10,480 | $11,509 | $12,640 |
| Impact on return, per year | 0.20% | 0.20% | 0.20% |
IUS 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): 0.0029%
- Total broker commissions: $18K
- Bought from dealers (principal trades, not a cost): $371.2M
- Portfolio turnover (prospectus): 11%
- Securities on loan, average value: $24.7M
- Net income from securities lending: $173K (0.028% of average net assets)
IUS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $10K | 55.94% |
| CITIGROUP GLOBAL MARKETS INC. | $2K | 12.94% |
| WELLS FARGO SECURITIES, LLC | $1K | 6.59% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $859 | 4.90% |
| BARCLAYS CAPITAL INC. | $835 | 4.77% |
| INVESCO CAPITAL MARKETS, INC. | $617 | 3.52% |
| ACADEMY SECURITIES, INC. | $547 | 3.12% |
| MIZUHO SECURITIES USA LLC | $531 | 3.03% |
| LOOP CAPITAL MARKETS LLC | $507 | 2.89% |
| JEFFERIES LLC | $402 | 2.29% |
IUS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CITADEL SECURITIES LLC | $130.2M | 35.06% |
| CITIGROUP GLOBAL MARKETS INC. | $93.0M | 25.06% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $84.7M | 22.82% |
| BNY MELLON CAPITAL MARKETS, LLC | $26.7M | 7.18% |
| GOLDMAN, SACHS & CO. | $14.8M | 3.98% |
| JANE STREET CAPITAL, LLC | $11.2M | 3.00% |
| RBC CAPITAL MARKETS, LLC | $10.1M | 2.73% |
| WELLS FARGO SECURITIES, LLC | $596K | 0.16% |
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.