<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from iShares Trust
financial statements at October 31, 2000
and is qualified in its entirety by reference
to such financial statements.


   <NUMBER> 21
   <NAME> Dow Jones U.S. Basic Materials Sector Index

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-2001
<PERIOD-END>                               OCT-31-2000
<INVESTMENTS-AT-COST>                       8,956,707
<INVESTMENTS-AT-VALUE>                      8,609,502
<RECEIVABLES>                                   4,006
<ASSETS-OTHER>                                      0
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                              8,613,508
<PAYABLE-FOR-SECURITIES>                            0
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                       8,186
<TOTAL-LIABILITIES>                             8,186
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                    9,208,270
<SHARES-COMMON-STOCK>                         250,000
<SHARES-COMMON-PRIOR>                               0
<ACCUMULATED-NII-CURRENT>                        (403)
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                      (255,340)
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                     (347,205)
<NET-ASSETS>                                8,605,322
<DIVIDEND-INCOME>                              69,889
<INTEREST-INCOME>                                 363
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                 19,436
<NET-INVESTMENT-INCOME>                        50,816
<REALIZED-GAINS-CURRENT>                     (255,340)
<APPREC-INCREASE-CURRENT>                    (347,205)
<NET-CHANGE-FROM-OPS>                        (551,729)
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                      51,219
<DISTRIBUTIONS-OF-GAINS>                            0
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                       350,000
<NUMBER-OF-SHARES-REDEEMED>                  (100,000)
<SHARES-REINVESTED>                                 0
<NET-CHANGE-IN-ASSETS>                      8,605,322
<ACCUMULATED-NII-PRIOR>                             0
<ACCUMULATED-GAINS-PRIOR>                           0
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                          19,436
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                19,436
<AVERAGE-NET-ASSETS>                        8,386,917
<PER-SHARE-NAV-BEGIN>                           36.04
<PER-SHARE-NII>                                  0.20
<PER-SHARE-GAIN-APPREC>                         (1.62)
<PER-SHARE-DIVIDEND>                             0.00
<PER-SHARE-DISTRIBUTIONS>                        0.20
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             34.42
<EXPENSE-RATIO>                                  0.60