<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> 27
   <NAME> Dow Jones U. S. Financial Sector Index Fund

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-2001
<PERIOD-END>                               OCT-31-2000
<INVESTMENTS-AT-COST>                     110,773,157
<INVESTMENTS-AT-VALUE>                    128,160,414
<RECEIVABLES>                                 176,075
<ASSETS-OTHER>                                      0
<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                            128,336,489
<PAYABLE-FOR-SECURITIES>                            0
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                   1,027,970
<TOTAL-LIABILITIES>                         1,027,970
<SENIOR-EQUITY>                                     0
<PAID-IN-CAPITAL-COMMON>                  109,574,111
<SHARES-COMMON-STOCK>                       1,500,000
<SHARES-COMMON-PRIOR>                               0
<ACCUMULATED-NII-CURRENT>                      39,192
<OVERDISTRIBUTION-NII>                              0
<ACCUMULATED-NET-GAINS>                       307,959
<OVERDISTRIBUTION-GAINS>                            0
<ACCUM-APPREC-OR-DEPREC>                   17,387,257
<NET-ASSETS>                              127,308,519
<DIVIDEND-INCOME>                             899,287
<INTEREST-INCOME>                               3,542
<OTHER-INCOME>                                      0
<EXPENSES-NET>                                268,348
<NET-INVESTMENT-INCOME>                       634,481
<REALIZED-GAINS-CURRENT>                      307,959
<APPREC-INCREASE-CURRENT>                  17,387,257
<NET-CHANGE-FROM-OPS>                      18,329,697
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                     595,289
<DISTRIBUTIONS-OF-GAINS>                            0
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                     1,550,000
<NUMBER-OF-SHARES-REDEEMED>                   (50,000)
<SHARES-REINVESTED>                                 0
<NET-CHANGE-IN-ASSETS>                    127,308,519
<ACCUMULATED-NII-PRIOR>                             0
<ACCUMULATED-GAINS-PRIOR>                           0
<OVERDISTRIB-NII-PRIOR>                             0
<OVERDIST-NET-GAINS-PRIOR>                          0
<GROSS-ADVISORY-FEES>                         268,348
<INTEREST-EXPENSE>                                  0
<GROSS-EXPENSE>                               268,348
<AVERAGE-NET-ASSETS>                      100,931,463
<PER-SHARE-NAV-BEGIN>                           71.80
<PER-SHARE-NII>                                  0.47
<PER-SHARE-GAIN-APPREC>                         13.04
<PER-SHARE-DIVIDEND>                             0.00
<PER-SHARE-DISTRIBUTIONS>                        0.44
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             84.87
<EXPENSE-RATIO>                                  0.60