IVRA Fees and Costs — Invesco Real Assets ESG ETF
Data updated: 2026-04-01
The net expense ratio is 0.58%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $8K in broker commissions, 0.0641% of average net assets, and portfolio turnover was 132%.
IVRA Fees and Expenses
Annual operating expenses and sales charges of IVRA. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.58% |
| Fee waiver | — |
| Net expense ratio | 0.58% |
| 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 |
IVRA Costs Over Time
On $10,000 invested in IVRA, assuming 5% a year before costs, total costs come to $406 over 5 years, cutting the return by 0.68% 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 0.58%) | $61 | $191 | $332 |
| Trading costs (broker commissions) | $7 | $21 | $37 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $68 | $222 | $406 |
| Value after costs | $10,432 | $11,354 | $12,357 |
| Impact on return, per year | 0.68% | 0.68% | 0.68% |
IVRA Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0641%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $7.2M
- Portfolio turnover (prospectus): 132%
- Securities on loan, average value: $828K
- Net income from securities lending: $4K (0.031% of average net assets)
IVRA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $2K | 30.39% |
| MORGAN STANLEY & CO. LLC | $1K | 17.16% |
| UBS SECURITIES LLC | $1K | 15.66% |
| CITIGROUP GLOBAL MARKETS INC. | $1K | 14.56% |
| GOLDMAN, SACHS & CO. | $565 | 7.30% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $450 | 5.81% |
| BARCLAYS CAPITAL INC. | $357 | 4.61% |
| LIQUIDNET, INC. | $224 | 2.89% |
| CANTOR FITZGERALD & CO. | $126 | 1.63% |
IVRA Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $2.4M | 33.97% |
| BNY MELLON CAPITAL MARKETS, LLC | $2.0M | 28.42% |
| VIRTU AMERICAS LLC | $1.5M | 20.38% |
| JANE STREET CAPITAL, LLC | $1.2M | 17.24% |
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.