iShares Russell 2000 ETF (IWM) NPORT-P iShares Global Consumer Discretionary ETF (Dec 2020 report)

Schedule of Investments (unaudited) December 31, 2020 iShares^® Global Consumer Discretionary ETF (Percentages shown are based on Net Assets)

Security	Shares		Value
Common Stocks
Australia — 1.2%
Aristocrat Leisure Ltd.		46,716	$	1,117,501
Tabcorp Holdings Ltd.		162,275		488,356
Wesfarmers Ltd.		82,538		3,209,999
				4,815,856
Brazil — 0.2%
Magazine Luiza SA		190,729		916,154
Canada — 1.2%
Canadian Tire Corp. Ltd., Class A, NVS		4,171		547,828
Dollarama Inc.		21,213		863,839
Gildan Activewear Inc.		14,579		407,274
Magna International Inc.		19,876		1,405,829
Restaurant Brands International Inc.		22,038		1,346,325
				4,571,095
Chile — 0.1%
Falabella SA		52,542		194,490
China — 3.0%
Meituan, Class B(a)		304,400		11,565,382
Denmark — 0.2%
Pandora A/S		7,351		822,887
France — 7.1%
Accor SA(a)		13,401		485,345
Cie. Generale des Etablissements Michelin SCA		12,956		1,663,700
EssilorLuxottica SA		21,743		3,393,295
Hermes International		2,539		2,732,559
Kering SA		5,424		3,944,756
LVMH Moet Hennessy Louis Vuitton SE		19,504		12,192,178
Peugeot SA(a)(b)		46,664		1,277,232
Renault SA(a)		15,307		669,745
Sodexo SA		6,163		521,970
Valeo SA		17,705		699,280
				27,580,060
Germany — 4.3%
adidas AG(a)		13,442		4,899,549
Bayerische Motoren Werke AG		23,078		2,039,565
Continental AG		7,901		1,172,156
Daimler AG, Registered		60,837		4,301,720
Delivery Hero SE(a)(c)		10,500		1,631,604
Puma SE(a)		6,750		762,137
Volkswagen AG		2,218		461,623
Zalando SE(a)(c)		12,025		1,339,783
				16,608,137
Hong Kong — 0.3%
Galaxy Entertainment Group Ltd.		155,000		1,204,402
Ireland — 0.6%
Flutter Entertainment PLC(a)		10,348		2,113,170
Italy — 0.8%
Ferrari NV		9,358		2,160,039
Moncler SpA(a)		14,575		894,158
				3,054,197
Japan — 13.8%
Aisin Seiki Co. Ltd.		13,200		395,700
Bandai Namco Holdings Inc.		16,300		1,409,209
Bridgestone Corp.		44,700		1,465,105

Security	Shares		Value
Japan (continued)
Denso Corp.		37,700	$	2,239,835
Fast Retailing Co. Ltd.		4,700		4,209,492
Honda Motor Co. Ltd.		125,043		3,485,023
Isuzu Motors Ltd.		46,000		436,631
Koito Manufacturing Co. Ltd.		9,400		639,140
Nissan Motor Co. Ltd.(a)		175,200		950,283
Nitori Holdings Co. Ltd.		6,300		1,319,250
Oriental Land Co. Ltd.		16,500		2,723,231
Pan Pacific International Holdings Corp.		44,100		1,020,009
Panasonic Corp.		169,800		1,957,934
Rakuten Inc.(a)		60,000		577,655
Sekisui House Ltd.		47,300		962,081
Shimano Inc.		6,200		1,446,336
Sony Corp.		91,900		9,154,841
Subaru Corp.		44,788		894,719
Sumitomo Electric Industries Ltd.		57,300		758,395
Suzuki Motor Corp.		35,600		1,648,886
Toyota Industries Corp.		15,200		1,205,753
Toyota Motor Corp.		185,500		14,296,320
Yamaha Motor Co. Ltd.		20,913		426,180
				53,622,008
Netherlands — 1.0%
Just Eat Takeaway.com NV(a)(c)		5,850		661,378
Prosus NV		30,740		3,323,389
				3,984,767
South Korea — 0.6%
Hyundai Mobis Co. Ltd.		4,602		1,082,400
Hyundai Motor Co.(a)		10		1,767
Hyundai Motor Co., GDR(b)		12,849		1,135,510
				2,219,677
Spain — 0.7%
Industria de Diseno Textil SA		81,774		2,605,421
Sweden — 0.7%
Electrolux AB, Series B		18,261		425,476
Evolution Gaming Group AB(c)		11,784		1,197,835
Hennes & Mauritz AB, Class B(a)(b)		55,711		1,166,787
				2,790,098
Switzerland — 1.1%
Cie. Financiere Richemont SA, Class A, Registered		38,311		3,470,722
Swatch Group AG (The), Bearer		2,085		569,633
Swatch Group AG (The), Registered		4,119		217,891
				4,258,246
United Kingdom — 3.9%
Aptiv PLC		19,676		2,563,586
Barratt Developments PLC(a)		74,750		684,602
Berkeley Group Holdings PLC		9,185		595,379
Burberry Group PLC(a)		29,082		711,391
Compass Group PLC		130,166		2,425,190
Entain PLC(a)		42,969		665,778
Fiat Chrysler Automobiles NV(a)		80,870		1,450,585
InterContinental Hotels Group PLC(a)		13,802		884,845
Kingfisher PLC(a)		155,151		573,474
Marks & Spencer Group PLC(a)		139,333		259,599
Next PLC(a)		9,779		947,214
Ocado Group PLC(a)		43,864		1,371,282
Persimmon PLC		23,391		884,729
Taylor Wimpey PLC(a)		268,025		607,452

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Schedule of Investments (unaudited) (continued) December 31, 2020 iShares^® Global Consumer Discretionary ETF (Percentages shown are based on Net Assets)

Security	Shares		Value
United Kingdom (continued)
Whitbread PLC(a)		14,824	$	628,173
				15,253,279
United States — 57.8%
Advance Auto Parts Inc.		4,889		770,066
Amazon.com Inc.(a)		11,993		39,060,361
AutoZone Inc.(a)		1,689		2,002,208
Best Buy Co. Inc.		16,906		1,687,050
Booking Holdings Inc.(a)		2,985		6,648,401
BorgWarner Inc.		17,973		694,477
CarMax Inc.(a)		12,055		1,138,715
Carnival Corp.		53,765		1,164,550
Chipotle Mexican Grill Inc.(a)		2,030		2,815,021
Darden Restaurants Inc.		9,564		1,139,264
Dollar General Corp.		17,862		3,756,379
Dollar Tree Inc.(a)		17,106		1,848,132
Domino’s Pizza Inc.		2,879		1,103,981
DR Horton Inc.		24,329		1,676,755
eBay Inc.		47,705		2,397,176
Etsy Inc.(a)(b)		9,250		1,645,667
Expedia Group Inc.		9,964		1,319,234
Ford Motor Co.		284,885		2,504,139
Gap Inc. (The)		15,070		304,263
Garmin Ltd.		10,790		1,291,131
General Motors Co.		91,828		3,823,718
Genuine Parts Co.		10,433		1,047,786
Hanesbrands Inc.		25,705		374,779
Hasbro Inc.		9,201		860,662
Hilton Worldwide Holdings Inc.		20,179		2,245,116
Home Depot Inc. (The)		63,085		16,756,638
L Brands Inc.		17,206		639,891
Las Vegas Sands Corp.		23,821		1,419,732
Leggett & Platt Inc.		9,757		432,235
Lennar Corp., Class A		19,973		1,522,542
LKQ Corp.(a)		20,600		725,944
Lowe’s Companies Inc.		53,419		8,574,284
Marriott International Inc./MD, Class A		19,389		2,557,797
McDonald’s Corp.		54,323		11,656,629
MGM Resorts International		29,562		931,499
Mohawk Industries Inc.(a)		4,400		620,180
Newell Brands Inc.		27,809		590,385
Nike Inc., Class B		91,482		12,941,959
Norwegian Cruise Line Holdings Ltd.(a)		23,068		586,619
NVR Inc.(a)		252		1,028,125
O’Reilly Automotive Inc.(a)		5,307		2,401,789
Pool Corp.(b)		2,905		1,082,112
PulteGroup Inc.		19,708		849,809
PVH Corp.		5,253		493,204
Ralph Lauren Corp.		3,464		359,355
Ross Stores Inc.		25,955		3,187,534
Royal Caribbean Cruises Ltd.		13,444		1,004,132
Starbucks Corp.		85,569		9,154,172
Tapestry Inc.		20,405		634,187
Target Corp.		36,509		6,444,934
Tesla Inc.(a)		54,546		38,491,476

Security	Shares		Value
United States (continued)
Tiffany & Co.		7,819	$	1,027,808
TJX Companies Inc. (The)		87,532		5,977,560
Tractor Supply Co.		8,556		1,202,802
Ulta Beauty Inc.(a)		4,119		1,182,812
Under Armour Inc., Class A(a)		12,716		218,334
Under Armour Inc., Class C, NVS(a)		14,188		211,117
VF Corp.		23,314		1,991,249
Whirlpool Corp.		4,513		814,551
Wynn Resorts Ltd.		7,118		803,124
Yum! Brands Inc.		21,991		2,387,343
				224,222,894
Total Common Stocks — 98.6% (Cost: $317,444,220)				382,402,220
Preferred Stocks
Germany — 0.9%
Bayerische Motoren Werke AG, Preference Shares, NVS		4,145		279,953
Porsche Automobil Holding SE, Preference Shares, NVS		11,280		778,413
Volkswagen AG, Preference Shares, NVS		13,453		2,508,897
				3,567,263
South Korea — 0.3%
Hyundai Motor Co., Preference Shares, GDR(b)(d)		26,919		1,100,987
Total Preferred Stocks — 1.2% (Cost: $4,926,941)				4,668,250
Short-Term Investments
Money Market Funds — 0.9%
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.18%(e)(f)(g)		3,379,824		3,381,852
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%(e)(f)		160,000		160,000
				3,541,852
Total Short-Term Investments — 0.9% (Cost: $3,540,980)				3,541,852
Total Investments in Securities — 100.7% (Cost: $325,912,141)				390,612,322
Other Assets, Less Liabilities — (0.7)%				(2,726,512	)
Net Assets — 100.0%			$	387,885,810

^(a)  Non-income producing security.

^(b)  All or a portion of this security is on loan.

^(c)  Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

^(d)  This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

^(e)  Affiliate of the Fund.

^(f)  Annualized 7-day yield as of period-end.

^(g)  All or a portion of this security was purchased with cash collateral received from loaned securities.

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Schedule of Investments (unaudited) (continued) December 31, 2020 iShares^® Global Consumer Discretionary ETF

Affiliates

Investments in issuers considered to be affiliate(s) of the Fund during the period ended December 31, 2020 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliated Issuer	Value at 03/31/20		Purchases at Cost			Proceeds from Sales			Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Value at 12/31/20		Shares Held at 12/31/20		Income			Capital Gain Distributions from Underlying Funds
BlackRock Cash Funds: Institutional, SL Agency Shares	$	2,983,243	$	396,908	(a)	$	—		$	1,719	$	(18	)	$	3,381,852		3,379,824	$	20,791	(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		210,000		—			(50,000	)(a)		—		—			160,000		160,000		287			—
									$	1,719	$	(18	)	$	3,541,852			$	21,078		$	—

^(a)  Represents net amount purchased (sold).

^(b)  All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities.

Futures Contracts

Description	Number of Contracts		Expiration Date		Notional Amount (000)		Value/ Unrealized Appreciation (Depreciation)
Long Contracts
Euro STOXX 50 Index		6		03/19/21	$	261	$	4,236
S&P Consumer Discretionary Select Sector E-Mini Index		3		03/19/21		487		7,303
							$	11,539

Fair Value Measurements

Various inputs are used in determining the fair value of financial instruments. For description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to a recently published shareholder report. Shareholder reports are available on the Fund’s website at iShares.com and on the U.S. Securities and Exchange Commission website at sec.gov.

The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of December 31, 2020. The breakdown of the Fund’s investments into major categories is disclosed in the Schedule of Investments above.

	Level 1		Level 2		Level 3		Total
Investments
Assets
Common Stocks	$	381,266,710	$	1,135,510	$	—	$	382,402,220
Preferred Stocks		4,668,250		—		—		4,668,250
Money Market Funds		3,541,852		—		—		3,541,852
	$	389,476,812	$	1,135,510	$	—	$	390,612,322
Derivative financial instruments(a)
Assets
Futures Contracts	$	11,539	$	—	$	—	$	11,539

^(a) Shown at the unrealized appreciation (depreciation) on the contracts.

Portfolio Abbreviations - Equity
GDR	Global Depositary Receipt
NVS	Non-Voting Shares

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