<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from iShares Trust
financial statements at September 30, 2000
and is qualified in its entirety by reference
to such financial statements.


   <NUMBER> 6
   <NAME> S&P 500 Index Fund

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-2001
<PERIOD-END>                               SEP-30-2000
<INVESTMENTS-AT-COST>                   1,719,187,951
<INVESTMENTS-AT-VALUE>                  1,694,373,928
<RECEIVABLES>                               1,518,450
<ASSETS-OTHER>                                      0
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                          1,695,892,378
<PAYABLE-FOR-SECURITIES>                            0
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                  27,469,154
<TOTAL-LIABILITIES>                        27,469,154
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                1,689,263,902
<SHARES-COMMON-STOCK>                      11,600,000
<SHARES-COMMON-PRIOR>                               0
<ACCUMULATED-NII-CURRENT>                     472,767
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                     3,500,578
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                  (24,814,023)
<NET-ASSETS>                            1,668,423,224
<DIVIDEND-INCOME>                           4,644,284
<INTEREST-INCOME>                              19,166
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                381,695
<NET-INVESTMENT-INCOME>                     4,281,755
<REALIZED-GAINS-CURRENT>                    3,500,578
<APPREC-INCREASE-CURRENT>                 (24,814,023)
<NET-CHANGE-FROM-OPS>                     (17,031,690)
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                   3,808,988
<DISTRIBUTIONS-OF-GAINS>                            0
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                    12,750,000
<NUMBER-OF-SHARES-REDEEMED>                (1,150,000)
<SHARES-REINVESTED>                                 0
<NET-CHANGE-IN-ASSETS>                  1,668,423,224
<ACCUMULATED-NII-PRIOR>                             0
<ACCUMULATED-GAINS-PRIOR>                           0
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                         381,695
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                               381,695
<AVERAGE-NET-ASSETS>                    1,080,402,828
<PER-SHARE-NAV-BEGIN>                          145.24
<PER-SHARE-NII>                                  0.44
<PER-SHARE-GAIN-APPREC>                         (1.45)
<PER-SHARE-DIVIDEND>                             0.00
<PER-SHARE-DISTRIBUTIONS>                        0.40
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                            143.83
<EXPENSE-RATIO>                                  0.09