<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> 23
   <NAME> Dow Jones U. S. Consumer Cyclical Sector Ind

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-2001
<PERIOD-END>                               OCT-31-2000
<INVESTMENTS-AT-COST>                      15,219,604
<INVESTMENTS-AT-VALUE>                     14,483,136
<RECEIVABLES>                                   7,037
<ASSETS-OTHER>                                      0
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                             14,490,173
<PAYABLE-FOR-SECURITIES>                            0
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                      14,871
<TOTAL-LIABILITIES>                            14,871
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                   15,129,024
<SHARES-COMMON-STOCK>                         250,000
<SHARES-COMMON-PRIOR>                               0
<ACCUMULATED-NII-CURRENT>                       3,070
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                        79,676
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                     (736,468)
<NET-ASSETS>                               14,475,302
<DIVIDEND-INCOME>                              40,934
<INTEREST-INCOME>                                 308
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                 34,250
<NET-INVESTMENT-INCOME>                         6,992
<REALIZED-GAINS-CURRENT>                       79,676
<APPREC-INCREASE-CURRENT>                    (736,468)
<NET-CHANGE-FROM-OPS>                        (649,800)
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                       3,922
<DISTRIBUTIONS-OF-GAINS>                            0
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                       300,000
<NUMBER-OF-SHARES-REDEEMED>                   (50,000)
<SHARES-REINVESTED>                                 0
<NET-CHANGE-IN-ASSETS>                     14,475,302
<ACCUMULATED-NII-PRIOR>                             0
<ACCUMULATED-GAINS-PRIOR>                           0
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                          34,250
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                                34,250
<AVERAGE-NET-ASSETS>                       14,774,821
<PER-SHARE-NAV-BEGIN>                           59.63
<PER-SHARE-NII>                                  0.03
<PER-SHARE-GAIN-APPREC>                         (1.74)
<PER-SHARE-DIVIDEND>                             0.00
<PER-SHARE-DISTRIBUTIONS>                        0.02
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             57.90
<EXPENSE-RATIO>                                  0.60