IVE Fees and Costs — iShares S&P 500 Value ETF
Data updated: 2026-08-27
The net expense ratio is 0.18%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $626K in broker commissions, 0.0015% of average net assets, and portfolio turnover was 32%.
IVE Fees and Expenses
Annual operating expenses and sales charges of IVE. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.18% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.18% |
| Fee waiver | — |
| Net expense ratio | 0.18% |
| 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 |
IVE Costs Over Time
On $10,000 invested in IVE, assuming 5% a year before costs, total costs come to $115 over 5 years, cutting the return by 0.19% 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 0.18%) | $19 | $59 | $104 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $3 | $10 |
| Total costs | $19 | $63 | $115 |
| Value after costs | $10,481 | $11,513 | $12,647 |
| Impact on return, per year | 0.19% | 0.19% | 0.19% |
IVE 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): 0.0015%
- Total broker commissions: $626K
- Bought from dealers (principal trades, not a cost): $3.1B
- Portfolio turnover (prospectus): 32%
- Securities on loan, average value: $155.4M
- Net income from securities lending: $1.9M (0.004% of average net assets)
IVE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $90K | 17.31% |
| MORGAN STANLEY & CO. LLC | $77K | 14.79% |
| BOFA SECURITIES, INC. | $72K | 13.91% |
| CitiGroup Global Markets Inc. | $69K | 13.29% |
| BNP PARIBAS SECURITIES CORP. | $63K | 12.18% |
| BARCLAYS CAPITAL, INC. | $42K | 8.04% |
| JEFFERIES LLC | $38K | 7.33% |
| J.P. Morgan Securities LLC | $24K | 4.57% |
| GOLDMAN SACHS & CO. LLC | $23K | 4.33% |
| OPPENHEIMER & CO. INC. | $22K | 4.25% |
IVE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BLACKROCK FUNDS III - BlackRock Cash Funds: Treasury | $3.1B | 100.00% |
| MORGAN STANLEY & CO. LLC | $258 | 0.00% |
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.