USXF Fees and Costs — iShares ESG Advanced MSCI USA ETF
Data updated: 2026-07-27
The net expense ratio is 0.10%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $9K in broker commissions, 0.0007% of average net assets, and portfolio turnover was 9%.
USXF Fees and Expenses
Annual operating expenses and sales charges of USXF. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.10% |
| Fee waiver | — |
| Net expense ratio | 0.10% |
| 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 |
USXF Costs Over Time
On $10,000 invested in USXF, assuming 5% a year before costs, total costs come to $64 over 5 years, cutting the return by 0.11% 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 0.10%) | $10 | $33 | $58 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $2 | $6 |
| Total costs | $11 | $35 | $64 |
| Value after costs | $10,489 | $11,541 | $12,699 |
| Impact on return, per year | 0.11% | 0.11% | 0.11% |
USXF Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0007%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $567.3M
- Portfolio turnover (prospectus): 9%
- Securities on loan, average value: $12.0M
- Net income from securities lending: $26K (0.002% of average net assets)
USXF Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $1K | 16.32% |
| Barclays Capital Inc. | $1K | 14.23% |
| BofA Securities, Inc. | $1K | 12.90% |
| UBS Securities LLC | $885 | 10.93% |
| Wells Fargo Securities, LLC | $808 | 9.98% |
| Morgan Stanley & Co. LLC | $793 | 9.79% |
| J.P. Morgan Securities LLC | $725 | 8.95% |
| Goldman Sachs & Co. LLC | $635 | 7.85% |
| Cowen and Company, LLC | $428 | 5.29% |
| BNP Paribas Securities Corp. | $304 | 3.76% |
USXF Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $128.5M | 22.66% |
| RBC Capital Markets, LLC | $105.6M | 18.61% |
| Virtu Americas LLC | $74.6M | 13.16% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $56.4M | 9.94% |
| Goldman Sachs & Co. LLC | $55.7M | 9.83% |
| Citadel Securities LLC | $49.7M | 8.76% |
| BofA Securities, Inc. | $42.5M | 7.48% |
| Jane Street Capital, LLC | $28.0M | 4.93% |
| J.P. Morgan Securities LLC | $26.2M | 4.63% |
| UBS Securities LLC | $16K | 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.