<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> 14
   <NAME> Russell 3000 Index Fund

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-2001
<PERIOD-END>                               SEP-30-2000
<INVESTMENTS-AT-COST>                      65,071,010
<INVESTMENTS-AT-VALUE>                     64,871,126
<RECEIVABLES>                                  41,649
<ASSETS-OTHER>                                      0
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                             64,912,775
<PAYABLE-FOR-SECURITIES>                        1,192
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                     922,263
<TOTAL-LIABILITIES>                           923,455
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                   64,138,008
<SHARES-COMMON-STOCK>                         800,000
<SHARES-COMMON-PRIOR>                               0
<ACCUMULATED-NII-CURRENT>                      17,908
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                        33,288
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                     (199,884)
<NET-ASSETS>                               63,989,320
<DIVIDEND-INCOME>                             102,748
<INTEREST-INCOME>                                 680
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                 17,097
<NET-INVESTMENT-INCOME>                        86,331
<REALIZED-GAINS-CURRENT>                       33,288
<APPREC-INCREASE-CURRENT>                    (199,884)
<NET-CHANGE-FROM-OPS>                         (80,265)
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                      68,423
<DISTRIBUTIONS-OF-GAINS>                            0
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                       800,000
<NUMBER-OF-SHARES-REDEEMED>                         0
<SHARES-REINVESTED>                                 0
<NET-CHANGE-IN-ASSETS>                     63,989,320
<ACCUMULATED-NII-PRIOR>                             0
<ACCUMULATED-GAINS-PRIOR>                           0
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                          17,097
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                17,097
<AVERAGE-NET-ASSETS>                       24,306,449
<PER-SHARE-NAV-BEGIN>                           76.23
<PER-SHARE-NII>                                  0.23
<PER-SHARE-GAIN-APPREC>                          3.74
<PER-SHARE-DIVIDEND>                             0.00
<PER-SHARE-DISTRIBUTIONS>                        0.21
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             79.99
<EXPENSE-RATIO>                                  0.20