IWX Fees and Costs — iShares Russell Top 200 Value 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 $32K in broker commissions, 0.0010% of average net assets, and portfolio turnover was 18%.
IWX Fees and Expenses
Annual operating expenses and sales charges of IWX. 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 |
IWX Costs Over Time
On $10,000 invested in IWX, assuming 5% a year before costs, total costs come to $128 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 | $1 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $21 | $70 | $128 |
| Value after costs | $10,479 | $11,507 | $12,635 |
| Impact on return, per year | 0.21% | 0.21% | 0.21% |
IWX 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): 0.0010%
- Total broker commissions: $32K
- Bought from dealers (principal trades, not a cost): $212.0M
- Portfolio turnover (prospectus): 18%
- Securities on loan, average value: $3.7M
- Net income from securities lending: $10K (0.000% of average net assets)
IWX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO SECURITIES, LLC | $7K | 25.11% |
| UBS SECURITIES LLC | $5K | 19.18% |
| BNP PARIBAS SECURITIES CORP. | $4K | 14.19% |
| CITADEL SECURITIES LLC | $2K | 8.56% |
| RBC CAPITAL MARKETS, LLC | $2K | 7.05% |
| BARCLAYS CAPITAL, INC. | $2K | 6.84% |
| BOFA SECURITIES, INC. | $2K | 5.73% |
| J.P. Morgan Securities LLC | $1K | 4.91% |
| TD SECURITIES (USA) LLC | $1K | 4.38% |
| OPPENHEIMER & CO. INC. | $1K | 4.06% |
IWX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BLACKROCK FUNDS III - BlackRock Cash Funds: Treasury | $212.0M | 100.00% |
| UBS SECURITIES LLC | $3K | 0.00% |
| BNP PARIBAS SECURITIES CORP. | $1K | 0.00% |
| BARCLAYS CAPITAL, INC. | $826 | 0.00% |
| J.P. Morgan Securities LLC | $518 | 0.00% |
| BOFA SECURITIES, INC. | $429 | 0.00% |
| CITIGROUP GLOBAL MARKETS INC | $273 | 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.