IUSV Fees and Costs — iShares Core S&P U.S. Value ETF
Data updated: 2026-08-27
The net expense ratio is 0.04%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $355K in broker commissions, 0.0016% of average net assets, and portfolio turnover was 31%.
IUSV Fees and Expenses
Annual operating expenses and sales charges of IUSV. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.04% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.04% |
| Fee waiver | — |
| Net expense ratio | 0.04% |
| 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 |
IUSV Costs Over Time
On $10,000 invested in IUSV, assuming 5% a year before costs, total costs come to $27 over 5 years, cutting the return by 0.04% 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 0.04%) | $4 | $13 | $23 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $1 | $2 |
| Total costs | $4 | $14 | $27 |
| Value after costs | $10,496 | $11,562 | $12,736 |
| Impact on return, per year | 0.04% | 0.04% | 0.04% |
IUSV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0016%
- Total broker commissions: $355K
- Bought from dealers (principal trades, not a cost): $1.7B
- Portfolio turnover (prospectus): 31%
- Securities on loan, average value: $83.7M
- Net income from securities lending: $1.1M (0.005% of average net assets)
IUSV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $56K | 19.42% |
| BNP PARIBAS SECURITIES CORP. | $42K | 14.61% |
| BOFA SECURITIES, INC. | $41K | 14.31% |
| MORGAN STANLEY & CO. LLC | $40K | 13.71% |
| CitiGroup Global Markets Inc. | $35K | 12.06% |
| BARCLAYS CAPITAL, INC. | $21K | 7.20% |
| JEFFERIES LLC | $17K | 5.80% |
| GOLDMAN SACHS & CO. LLC | $15K | 5.03% |
| OPPENHEIMER & CO. INC. | $14K | 4.80% |
| BTIG, LLC | $9K | 3.05% |
IUSV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BLACKROCK FUNDS III - BlackRock Cash Funds: Treasury | $1.7B | 100.00% |
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.