iShares MSCI USA Equal Weighted ETF

Frequently Asked Questions About EUSA

What does EUSA invest in?

EUSA provides a different approach to US large- and midcap firms. The fund includes the same stocks as its parent index, the MSCI USA Index, but applies equal weighting at each quarterly rebalance, effectively removing the influence of each constituents current price and preventing overweighting to larger firms. The quarterly rebalance starts in February. Prior to Sep. 1, 2015, the fund tracked MSCI USA Index, a market-cap-weighted index of the same constituents.

What is the expense ratio of EUSA?

iShares MSCI USA Equal Weighted ETF (EUSA) charges an expense ratio of 0.09%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EUSA?

iShares MSCI USA Equal Weighted ETF (EUSA) manages $1.80B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is EUSA actively managed or an index fund?

EUSA is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (EUSA's is 0.09%) because there's no security selection cost.

When was EUSA launched?

iShares MSCI USA Equal Weighted ETF (EUSA) launched in May 2010 and is managed by IShares.

How has EUSA performed?

EUSA's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.