<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> 16
   <NAME> Russell 2000 Growth Index Fund

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-2001
<PERIOD-END>                               SEP-30-2000
<INVESTMENTS-AT-COST>                      44,827,647
<INVESTMENTS-AT-VALUE>                     46,173,032
<RECEIVABLES>                                   9,575
<ASSETS-OTHER>                                 35,787
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                             46,218,394
<PAYABLE-FOR-SECURITIES>                       71,892
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                   1,805,786
<TOTAL-LIABILITIES>                         1,877,678
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                   42,896,643
<SHARES-COMMON-STOCK>                         550,000
<SHARES-COMMON-PRIOR>                               0
<ACCUMULATED-NII-CURRENT>                       1,516
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                        97,172
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                    1,345,385
<NET-ASSETS>                               44,340,716
<DIVIDEND-INCOME>                              14,660
<INTEREST-INCOME>                               2,675
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                 12,272
<NET-INVESTMENT-INCOME>                         5,063
<REALIZED-GAINS-CURRENT>                       97,172
<APPREC-INCREASE-CURRENT>                   1,345,385
<NET-CHANGE-FROM-OPS>                       1,447,620
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                       3,547
<DISTRIBUTIONS-OF-GAINS>                            0
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                       550,000
<NUMBER-OF-SHARES-REDEEMED>                         0
<SHARES-REINVESTED>                                 0
<NET-CHANGE-IN-ASSETS>                     44,340,716
<ACCUMULATED-NII-PRIOR>                             0
<ACCUMULATED-GAINS-PRIOR>                           0
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                          12,272
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                12,272
<AVERAGE-NET-ASSETS>                       27,001,618
<PER-SHARE-NAV-BEGIN>                           81.36
<PER-SHARE-NII>                                  0.01
<PER-SHARE-GAIN-APPREC>                         (0.74)
<PER-SHARE-DIVIDEND>                             0.00
<PER-SHARE-DISTRIBUTIONS>                        0.01
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             80.62
<EXPENSE-RATIO>                                  0.25