VEGI Fees and Costs — iShares MSCI Agriculture Producers ETF
Data updated: 2026-07-27
The net expense ratio is 0.39%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $10K in broker commissions, 0.0102% of average net assets, and portfolio turnover was 19%.
VEGI Fees and Expenses
Annual operating expenses and sales charges of VEGI. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.39% |
| Fee waiver | — |
| Net expense ratio | 0.39% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
VEGI Costs Over Time
On $10,000 invested in VEGI, assuming 5% a year before costs, total costs come to $253 over 5 years, cutting the return by 0.42% 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 0.39%) | $41 | $129 | $224 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $42 | $138 | $253 |
| Value after costs | $10,458 | $11,438 | $12,509 |
| Impact on return, per year | 0.42% | 0.42% | 0.42% |
VEGI 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): 0.0102%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): $69.9M
- Portfolio turnover (prospectus): 19%
- Securities on loan, average value: $2.9M
- Net income from securities lending: $10K (0.010% of average net assets)
VEGI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $5K | 52.98% |
| Morgan Stanley & Co. LLC | $1K | 14.36% |
| BofA Securities, Inc. | $845 | 8.81% |
| UBS Securities LLC | $763 | 7.95% |
| HSBC Securities (USA) Inc. | $709 | 7.38% |
| Goldman Sachs & Co. LLC | $244 | 2.54% |
| CLSA Americas, LLC | $162 | 1.69% |
| Citigroup Global Markets Inc. | $145 | 1.51% |
| BMO Capital Markets Corp. | $136 | 1.41% |
| Barclays Capital Inc. | $131 | 1.36% |
VEGI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $32.6M | 46.69% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $24.6M | 35.15% |
| UBS Securities LLC | $6.3M | 9.05% |
| BofA Securities, Inc. | $4.8M | 6.84% |
| Goldman Sachs & Co. LLC | $1.5M | 2.10% |
| Citigroup Global Markets Inc. | $82K | 0.12% |
| Macquarie Capital (USA) Inc. | $35K | 0.05% |
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.