IVV Fees and Costs — iShares Core S&P 500 ETF
Data updated: 2026-08-25
The net expense ratio is 0.03%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1.8M in broker commissions, 0.0003% of average net assets, and portfolio turnover was 3%.
IVV Fees and Expenses
Annual operating expenses and sales charges of IVV. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.03% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.03% |
| Fee waiver | — |
| Net expense ratio | 0.03% |
| 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 |
IVV Costs Over Time
On $10,000 invested in IVV, assuming 5% a year before costs, total costs come to $19 over 5 years, cutting the return by 0.03% 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 0.03%) | $3 | $10 | $17 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $0 | $2 |
| Total costs | $3 | $11 | $19 |
| Value after costs | $10,497 | $11,566 | $12,743 |
| Impact on return, per year | 0.03% | 0.03% | 0.03% |
IVV 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): 0.0003%
- Total broker commissions: $1.8M
- Bought from dealers (principal trades, not a cost): $835.0B
- Portfolio turnover (prospectus): 3%
- Securities on loan, average value: $2.4B
- Net income from securities lending: $16.5M (0.002% of average net assets)
IVV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $278K | 18.62% |
| J.P. Morgan Securities LLC | $245K | 16.44% |
| Citigroup Global Markets Inc. | $144K | 9.64% |
| Goldman Sachs & Co. LLC | $142K | 9.50% |
| BNP Paribas Securities Corp. | $140K | 9.42% |
| Morgan Stanley & Co. LLC | $131K | 8.77% |
| Oppenheimer & Co. Inc. | $130K | 8.71% |
| Barclays Capital, Inc. | $128K | 8.60% |
| BofA Securities, Inc. | $85K | 5.70% |
| Pershing LLC | $69K | 4.60% |
IVV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corp. | $805.8B | 96.50% |
| BlackRock Liquidity Funds T-Fund | $29.1B | 3.49% |
| BofA Securities, Inc. | $12.5M | 0.00% |
| Goldman Sachs & Co. LLC | $10.2M | 0.00% |
| J.P. Morgan Securities LLC | $8.8M | 0.00% |
| RBC Capital Markets, LLC | $8.4M | 0.00% |
| Barclays Capital, Inc. | $6.9M | 0.00% |
| BNP Paribas Securities Corp. | $5.5M | 0.00% |
| Wells Fargo Securities, LLC | $1.9M | 0.00% |
| Morgan Stanley & Co. LLC | $1.8M | 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.