IWV Fees and Costs — iShares Russell 3000 ETF
Data updated: 2026-08-27
The net expense ratio is 0.20%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $99K in broker commissions, 0.0006% of average net assets, and portfolio turnover was 3%.
IWV Fees and Expenses
Annual operating expenses and sales charges of IWV. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.20% |
| Fee waiver | — |
| Net expense ratio | 0.20% |
| 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 |
IWV Costs Over Time
On $10,000 invested in IWV, assuming 5% a year before costs, total costs come to $127 over 5 years, cutting the return by 0.21% 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 0.20%) | $21 | $66 | $116 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $21 | $70 | $127 |
| Value after costs | $10,479 | $11,507 | $12,635 |
| Impact on return, per year | 0.21% | 0.21% | 0.21% |
IWV 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): 0.0006%
- Total broker commissions: $99K
- Bought from dealers (principal trades, not a cost): $697.7M
- Portfolio turnover (prospectus): 3%
- Securities on loan, average value: $324.7M
- Net income from securities lending: $1.2M (0.007% of average net assets)
IWV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $12K | 16.84% |
| BNP PARIBAS SECURITIES CORP. | $10K | 13.77% |
| BOFA SECURITIES, INC. | $9K | 13.16% |
| UBS SECURITIES LLC | $7K | 10.16% |
| MORGAN STANLEY & CO. LLC | $6K | 8.86% |
| J.P. Morgan Securities LLC | $6K | 8.64% |
| BARCLAYS CAPITAL, INC. | $6K | 8.62% |
| CitiGroup Global Markets Inc. | $5K | 7.23% |
| INSTINET LLC | $5K | 7.19% |
| PIPER SANDLER & CO. | $4K | 5.52% |
IWV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BLACKROCK FUNDS III - BlackRock Cash Funds: Treasury | $697.7M | 100.00% |
| UBS SECURITIES LLC | $2K | 0.00% |
| BARCLAYS CAPITAL, INC. | $1K | 0.00% |
| BNP PARIBAS SECURITIES CORP. | $446 | 0.00% |
| VIRTU AMERICAS LLC | $436 | 0.00% |
| CitiGroup Global Markets Inc. | $86 | 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.