0001193125-19-314179.txt : 20191216 0001193125-19-314179.hdr.sgml : 20191216 20191213212949 ACCESSION NUMBER: 0001193125-19-314179 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 161 FILED AS OF DATE: 20191216 DATE AS OF CHANGE: 20191213 EFFECTIVENESS DATE: 20191216 FILER: COMPANY DATA: COMPANY CONFORMED NAME: iSHARES TRUST CENTRAL INDEX KEY: 0001100663 IRS NUMBER: 943351276 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 333-92935 FILM NUMBER: 191285746 BUSINESS ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: (415) 670-2000 MAIL ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: ISHARES TRUST DATE OF NAME CHANGE: 19991213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: iSHARES TRUST CENTRAL INDEX KEY: 0001100663 IRS NUMBER: 943351276 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-09729 FILM NUMBER: 191285747 BUSINESS ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: (415) 670-2000 MAIL ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: ISHARES TRUST DATE OF NAME CHANGE: 19991213 0001100663 S000004351 iShares MSCI EAFE ETF C000012081 iShares MSCI EAFE ETF EFA 0001100663 S000004364 iShares China Large-Cap ETF C000012094 iShares China Large-Cap ETF FXI 0001100663 S000004437 iShares MSCI EAFE Growth ETF C000012200 iShares MSCI EAFE Growth ETF EFG 0001100663 S000004438 iShares MSCI EAFE Value ETF C000012201 iShares MSCI EAFE Value ETF EFV 0001100663 S000018145 iShares MSCI Europe Small-Cap ETF C000050168 iShares MSCI Europe Small-Cap ETF IEUS 0001100663 S000019124 iShares MSCI EAFE Small-Cap ETF C000052896 iShares MSCI EAFE Small-Cap ETF SCZ 0001100663 S000019898 iShares MSCI Kokusai ETF C000055846 iShares MSCI Kokusai ETF TOK 0001100663 S000021460 iShares MSCI ACWI ex U.S. ETF C000061363 iShares MSCI ACWI ex U.S. ETF ACWX 0001100663 S000021461 iShares MSCI ACWI ETF C000061364 iShares MSCI ACWI ETF ACWI 0001100663 S000022496 iShares MSCI All Country Asia ex Japan ETF C000065072 iShares MSCI All Country Asia ex Japan ETF AAXJ 0001100663 S000023585 iShares Core Conservative Allocation ETF C000069397 iShares Core Conservative Allocation ETF AOK 0001100663 S000023586 iShares Core Moderate Allocation ETF C000069398 iShares Core Moderate Allocation ETF AOM 0001100663 S000023587 iShares Core Growth Allocation ETF C000069399 iShares Core Growth Allocation ETF AOR 0001100663 S000023588 iShares Core Aggressive Allocation ETF C000069400 iShares Core Aggressive Allocation ETF AOA 0001100663 S000027327 iShares MSCI Europe Financials ETF C000082529 iShares MSCI Europe Financials ETF EUFN 0001100663 S000031837 iShares Edge MSCI Min Vol EAFE ETF C000099140 iShares Edge MSCI Min Vol EAFE ETF EFAV 0001100663 S000031838 iShares Edge MSCI Min Vol USA ETF C000099141 iShares Edge MSCI Min Vol USA ETF USMV 0001100663 S000036830 iShares Morningstar Multi-Asset Income ETF C000112640 iShares Morningstar Multi-Asset Income ETF IYLD 0001100663 S000038930 iShares Core MSCI EAFE ETF C000119715 iShares Core MSCI EAFE ETF IEFA 0001100663 S000038931 iShares Core MSCI Total International Stock ETF C000119716 iShares Core MSCI Total International Stock ETF IXUS 0001100663 S000040204 iShares Edge MSCI USA Size Factor ETF C000124960 iShares Edge MSCI USA Size Factor ETF SIZE 0001100663 S000040205 iShares Edge MSCI USA Value Factor ETF C000124961 iShares Edge MSCI USA Value Factor ETF VLUE 0001100663 S000040316 iShares Edge MSCI USA Momentum Factor ETF C000125223 iShares Edge MSCI USA Momentum Factor ETF MTUM 0001100663 S000041444 iShares Edge MSCI USA Quality Factor ETF C000128677 iShares Edge MSCI USA Quality Factor ETF QUAL 0001100663 S000043040 iShares Currency Hedged MSCI EAFE ETF C000133231 iShares Currency Hedged MSCI EAFE ETF HEFA 0001100663 S000045088 iShares Edge MSCI Min Vol Europe ETF C000140146 iShares Edge MSCI Min Vol Europe ETF EUMV 0001100663 S000045089 iShares Edge MSCI Min Vol Japan ETF C000140236 iShares Edge MSCI Min Vol Japan ETF JPMV 0001100663 S000045102 iShares Core MSCI Europe ETF C000140337 iShares Core MSCI Europe ETF IEUR 0001100663 S000045103 iShares Core MSCI Pacific ETF C000140338 iShares Core MSCI Pacific ETF IPAC 0001100663 S000047435 iShares MSCI China A ETF C000148919 iShares MSCI China A ETF CNYA 0001100663 S000047503 iShares Edge MSCI Intl Momentum Factor ETF C000149147 iShares Edge MSCI Intl Momentum Factor ETF IMTM 0001100663 S000047504 iShares Edge MSCI Intl Quality Factor ETF C000149148 iShares Edge MSCI Intl Quality Factor ETF IQLT 0001100663 S000047644 iShares MSCI ACWI Low Carbon Target ETF C000149539 iShares MSCI ACWI Low Carbon Target ETF CRBN 0001100663 S000048311 iShares Exponential Technologies ETF C000152570 iShares Exponential Technologies ETF XT 0001100663 S000048622 iShares Edge MSCI Multifactor Global ETF C000153270 iShares Edge MSCI Multifactor Global ETF ACWF 0001100663 S000048623 iShares Edge MSCI Multifactor USA ETF C000153271 iShares Edge MSCI Multifactor USA ETF LRGF 0001100663 S000048624 iShares Edge MSCI Multifactor USA Small-Cap ETF C000153272 iShares Edge MSCI Multifactor USA Small-Cap ETF SMLF 0001100663 S000049024 iShares Edge MSCI Multifactor Intl ETF C000154547 iShares Edge MSCI Multifactor Intl ETF INTF 0001100663 S000049025 iShares Edge MSCI Multifactor Intl Small-Cap ETF C000154548 iShares Edge MSCI Multifactor Intl Small-Cap ETF ISCF 0001100663 S000049572 iShares Edge MSCI Intl Size Factor ETF C000156613 iShares Edge MSCI Intl Size Factor ETF ISZE 0001100663 S000049573 iShares Edge MSCI Intl Value Factor ETF C000156614 iShares Edge MSCI Intl Value Factor ETF IVLU 0001100663 S000049792 iShares Currency Hedged MSCI ACWI ex U.S. ETF C000157303 iShares Currency Hedged MSCI ACWI ex U.S. ETF HAWX 0001100663 S000049795 iShares Currency Hedged MSCI EAFE Small-Cap ETF C000157306 iShares Currency Hedged MSCI EAFE Small-Cap ETF HSCZ 0001100663 S000052533 iShares Adaptive Currency Hedged MSCI EAFE ETF C000164987 iShares Adaptive Currency Hedged MSCI EAFE ETF DEFA 0001100663 S000054723 iShares Edge MSCI Min Vol USA Small-Cap ETF C000171896 iShares Edge MSCI Min Vol USA Small-Cap ETF SMMV 0001100663 S000056604 iShares Core MSCI International Developed Markets ETF C000179059 iShares Core MSCI International Developed Markets ETF IDEV 0001100663 S000062201 iShares Robotics and Artificial Intelligence Multisector ETF C000201209 iShares Robotics and Artificial Intelligence Multisector ETF IRBO 0001100663 S000063520 iShares Self-Driving EV and Tech ETF C000205801 iShares Self-Driving EV and Tech ETF IDRV 0001100663 S000065015 iShares Cybersecurity and Tech ETF C000210493 iShares Cybersecurity and Tech ETF IHAK 0001100663 S000065416 iShares Edge MSCI Multifactor USA Mid-Cap ETF C000211556 iShares Edge MSCI Multifactor USA Mid-Cap ETF MIDF 0001100663 S000065599 iShares Genomics Immunology and Healthcare ETF C000212225 iShares Genomics Immunology and Healthcare ETF IDNA 485BPOS 1 d741730d485bpos.htm FORM 485BPOS FORM 485BPOS

As filed with the U.S. Securities and Exchange Commission on December 16, 2019

Securities Act File No. 333-92935

Investment Company Act File No. 811-09729

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM N-1A

REGISTRATION STATEMENT

UNDER

    THE SECURITIES ACT OF 1933   
    Pre-Effective Amendment No.   

    Post-Effective Amendment No. 2,241   
    and/or     
  REGISTRATION STATEMENT   
    UNDER     
    THE INVESTMENT COMPANY ACT OF 1940   
    Amendment No. 2,241   

(Check appropriate box or boxes)

 

 

iShares Trust

(Exact Name of Registrant as Specified in Charter)

 

 

c/o State Street Bank and Trust Company

1 Lincoln Street

Mail Stop SFC0805

Boston, MA 02111

(Address of Principal Executive Office)(Zip Code)

 

 

Registrant’s Telephone Number, including Area Code (415) 670-2000

The Corporation Trust Company

1209 Orange Street

Wilmington, DE 19801

(Name and Address of Agent for Service)

 

 

With Copies to:

 

MARGERY K. NEALE, ESQ.

WILLKIE FARR &

GALLAGHER LLP

787 SEVENTH AVENUE

NEW YORK, NY 10019-6099

 

DEEPA DAMRE, ESQ.

BLACKROCK FUND

ADVISORS

400 HOWARD STREET

SAN FRANCISCO, CA 94105


 

Continuous

(December 16, 2019)

 

 

It is proposed that this filing will become effective:

 

 

immediately upon filing pursuant to paragraph (b)

 

on (date) pursuant to paragraph (b)

 

60 days after filing pursuant to paragraph (a)(1)

 

on (date) pursuant to paragraph (a)(1)

 

75 days after filing pursuant to paragraph (a)(2)

 

on (date) pursuant to paragraph (a)(2) of Rule 485.

If appropriate, check the following box:

 

 

This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

This filing relates solely to the following Funds, each a series of iShares Trust:

iShares Adaptive Currency Hedged MSCI EAFE ETF

iShares China Large-Cap ETF

iShares Core Aggressive Allocation ETF

iShares Core Conservative Allocation ETF

iShares Core Growth Allocation ETF

iShares Core Moderate Allocation ETF

iShares Core MSCI EAFE ETF

iShares Core MSCI Europe ETF

iShares Core MSCI International Developed Markets ETF

iShares Core MSCI Pacific ETF

iShares Core MSCI Total International Stock ETF

iShares Currency Hedged MSCI ACWI ex U.S. ETF

iShares Currency Hedged MSCI EAFE ETF

iShares Currency Hedged MSCI EAFE Small-Cap ETF

iShares Cybersecurity and Tech ETF

iShares Edge MSCI Intl Momentum Factor ETF

iShares Edge MSCI Intl Quality Factor ETF

iShares Edge MSCI Intl Size Factor ETF

iShares Edge MSCI Intl Value Factor ETF

iShares Edge MSCI Min Vol EAFE ETF

iShares Edge MSCI Min Vol Europe ETF

iShares Edge MSCI Min Vol Japan ETF

iShares Edge MSCI Min Vol USA ETF

iShares Edge MSCI Min Vol USA Small-Cap ETF

iShares Edge MSCI Multifactor Global ETF

iShares Edge MSCI Multifactor Intl ETF

iShares Edge MSCI Multifactor Intl Small-Cap ETF

iShares Edge MSCI Multifactor USA ETF

iShares Edge MSCI Multifactor USA Mid-Cap ETF

iShares Edge MSCI Multifactor USA Small-Cap ETF

iShares Edge MSCI USA Momentum Factor ETF

iShares Edge MSCI USA Quality Factor ETF

iShares Edge MSCI USA Size Factor ETF

iShares Edge MSCI USA Value Factor ETF

iShares Exponential Technologies ETF

iShares Genomics Immunology and Healthcare ETF

iShares Morningstar Multi-Asset Income ETF

 

- 2 -


iShares MSCI ACWI ETF

iShares MSCI ACWI ex U.S. ETF

iShares MSCI ACWI Low Carbon Target ETF

iShares MSCI All Country Asia ex Japan ETF

iShares MSCI China A ETF

iShares MSCI EAFE ETF

iShares MSCI EAFE Growth ETF

iShares MSCI EAFE Small-Cap ETF

iShares MSCI EAFE Value ETF

iShares MSCI Europe Financials ETF

iShares MSCI Europe Small-Cap ETF

iShares MSCI Kokusai ETF

iShares Robotics and Artificial Intelligence Multisector ETF

iShares Self-Driving EV and Tech ETF

 

 

 

 

- 3 -


SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all the requirements for the effectiveness of this Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933, as amended, and has duly caused this Post-Effective Amendment No. 2,241 to the Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of San Francisco and the State of California on the 13th day of December, 2019.

iSHARES TRUST

 

By:  

 

  Armando Senra*
  President
  Date: December 13, 2019

Pursuant to the requirements of the Securities Act of 1933, as amended, this Post-Effective Amendment No. 2,241 to the Registration Statement has been signed below by the following persons in the capacities and on the date indicated.

 

 

Salim Ramji*

Trustee

Date: December 13, 2019

 

John E. Martinez*

Trustee

Date: December 13, 2019

 

Cecilia H. Herbert*

Trustee

Date: December 13, 2019

 

John E. Kerrigan*

Trustee

Date: December 13, 2019

 

Robert S. Kapito*

Trustee

Date: December 13, 2019

 

Madhav V. Rajan*

Trustee

Date: December 13, 2019

 

Jane D. Carlin*

Trustee

Date: December 13, 2019

 

- 4 -


 

Drew E. Lawton*
Trustee
Date: December 13, 2019

 

Richard L. Fagnani*

Trustee

Date: December 13, 2019

/s/ Neal J. Andrews

Neal J. Andrews*
Treasurer and Chief Financial Officer
Date: December 13, 2019

/s/ Neal J. Andrews

* By: Neal J. Andrews
Attorney-in-fact
Date: December 13, 2019

 

 

*

Powers of Attorney, each dated September 13, 2019, for Armando Senra, Salim Ramji, Jane D. Carlin, Cecilia H. Herbert, John E. Kerrigan, John E. Martinez, Madhav V. Rajan, Robert S. Kapito, Drew E. Lawton, Richard L. Fagnani and Neal J. Andrews are incorporated herein by reference to Post-Effective Amendment No. 2,179, filed September 16, 2019.

 

- 5 -


EXHIBIT INDEX

 

Index

    No.    

  

Description of Exhibit

EX-101.INS    XBRL Instance Document
EX-101.SCH    XBRL Taxonomy Extension Schema Document
EX-101.CAL    XBRL Taxonomy Extension Calculation Linkbase
EX-101.DEF    XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB    XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE    XBRL Taxonomy Extension Presentation Linkbase

 

- 6 -

EX-101.INS 2 ist-20191122.xml XBRL INSTANCE DOCUMENT 0001100663 2019-11-29 2019-11-29 0001100663 ist:S000052533Member 2019-11-29 2019-11-29 0001100663 ist:S000052533Member ist:C000164987Member 2019-11-29 2019-11-29 0001100663 ist:S000052533Member ist:C000164987Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000052533Member ist:C000164987Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000052533Member ist:MSCIEAFEAdaptiveHedgetoUSDIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000004364Member 2019-11-29 2019-11-29 0001100663 ist:S000004364Member ist:C000012094Member 2019-11-29 2019-11-29 0001100663 ist:S000004364Member ist:C000012094Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000004364Member ist:C000012094Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000004364Member ist:FTSEChinaFiftyIndexnetoftaxtotalreturnIndexreturnsdonotreflectdeductionsforfeesexpensesorincometaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000023585Member 2019-11-29 2019-11-29 0001100663 ist:S000023585Member ist:C000069397Member 2019-11-29 2019-11-29 0001100663 ist:S000023585Member ist:C000069397Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000023585Member ist:C000069397Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000023585Member ist:SPTargetRiskConservativeIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000023586Member 2019-11-29 2019-11-29 0001100663 ist:S000023586Member ist:C000069398Member 2019-11-29 2019-11-29 0001100663 ist:S000023586Member ist:C000069398Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000023586Member ist:C000069398Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000023586Member ist:SPTargetRiskModerateIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000023587Member 2019-11-29 2019-11-29 0001100663 ist:S000023587Member ist:C000069399Member 2019-11-29 2019-11-29 0001100663 ist:S000023587Member ist:C000069399Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000023587Member ist:C000069399Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000023587Member ist:SPTargetRiskGrowthIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000023588Member 2019-11-29 2019-11-29 0001100663 ist:S000023588Member ist:C000069400Member 2019-11-29 2019-11-29 0001100663 ist:S000023588Member ist:C000069400Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000023588Member ist:C000069400Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000023588Member ist:SPTargetRiskAggressiveIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000038930Member 2019-11-29 2019-11-29 0001100663 ist:S000038930Member ist:C000119715Member 2019-11-29 2019-11-29 0001100663 ist:S000038930Member ist:C000119715Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000038930Member ist:C000119715Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000038930Member ist:MSCIEAFEIMIIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000045102Member 2019-11-29 2019-11-29 0001100663 ist:S000045102Member ist:C000140337Member 2019-11-29 2019-11-29 0001100663 ist:S000045102Member ist:C000140337Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000045102Member ist:C000140337Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000045102Member ist:MSCIEuropeIMIIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000056604Member 2019-11-29 2019-11-29 0001100663 ist:S000056604Member ist:C000179059Member 2019-11-29 2019-11-29 0001100663 ist:S000056604Member ist:C000179059Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000056604Member ist:C000179059Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000056604Member ist:MSCIWorldexUSAInvestableMarketIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000045103Member 2019-11-29 2019-11-29 0001100663 ist:S000045103Member ist:C000140338Member 2019-11-29 2019-11-29 0001100663 ist:S000045103Member ist:C000140338Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000045103Member ist:C000140338Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000045103Member ist:MSCIPacificIMIIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000038931Member 2019-11-29 2019-11-29 0001100663 ist:S000038931Member ist:C000119716Member 2019-11-29 2019-11-29 0001100663 ist:S000038931Member ist:C000119716Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000038931Member ist:C000119716Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000038931Member ist:MSCIACWIexUSAIMIIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000049792Member 2019-11-29 2019-11-29 0001100663 ist:S000049792Member ist:C000157303Member 2019-11-29 2019-11-29 0001100663 ist:S000049792Member ist:C000157303Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000049792Member ist:C000157303Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000049792Member ist:MSCIACWIexUSAHundredHedgedtoUSDIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000043040Member 2019-11-29 2019-11-29 0001100663 ist:S000043040Member ist:C000133231Member 2019-11-29 2019-11-29 0001100663 ist:S000043040Member ist:C000133231Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000043040Member ist:C000133231Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000043040Member ist:MSCIEAFEHundredHedgedtoUSDIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000049795Member 2019-11-29 2019-11-29 0001100663 ist:S000049795Member ist:C000157306Member 2019-11-29 2019-11-29 0001100663 ist:S000049795Member ist:C000157306Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000049795Member ist:C000157306Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000049795Member ist:MsciEafeSmallCapHundredHedgedtoUsdIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000065015Member 2019-11-29 2019-11-29 0001100663 ist:S000065015Member ist:C000210493Member 2019-11-29 2019-11-29 0001100663 ist:S000047503Member 2019-11-29 2019-11-29 0001100663 ist:S000047503Member ist:C000149147Member 2019-11-29 2019-11-29 0001100663 ist:S000047503Member ist:C000149147Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000047503Member ist:C000149147Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000047503Member ist:MSCIWorldexUsaMomentumIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000047504Member 2019-11-29 2019-11-29 0001100663 ist:S000047504Member ist:C000149148Member 2019-11-29 2019-11-29 0001100663 ist:S000047504Member ist:C000149148Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000047504Member ist:C000149148Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000047504Member ist:MsciWorldexUsaSectorNeutralQualityIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000049572Member 2019-11-29 2019-11-29 0001100663 ist:S000049572Member ist:C000156613Member 2019-11-29 2019-11-29 0001100663 ist:S000049572Member ist:C000156613Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000049572Member ist:C000156613Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000049572Member ist:MSCIWorldexUSARiskWeightedIndexIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000049572Member ist:MSCIWorldexUSALowSizeIndexIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000049573Member 2019-11-29 2019-11-29 0001100663 ist:S000049573Member ist:C000156614Member 2019-11-29 2019-11-29 0001100663 ist:S000049573Member ist:C000156614Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000049573Member ist:C000156614Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000049573Member ist:MSCIWorldexUSAEnhancedValueIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000031837Member 2019-11-29 2019-11-29 0001100663 ist:S000031837Member ist:C000099140Member 2019-11-29 2019-11-29 0001100663 ist:S000031837Member ist:C000099140Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000031837Member ist:C000099140Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000031837Member ist:MSCIEAFEMinimumVolatilityUSDIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000045088Member 2019-11-29 2019-11-29 0001100663 ist:S000045088Member ist:C000140146Member 2019-11-29 2019-11-29 0001100663 ist:S000045088Member ist:C000140146Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000045088Member ist:C000140146Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000045088Member ist:MSCIEuropeMinimumVolatilityUSDIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000045089Member 2019-11-29 2019-11-29 0001100663 ist:S000045089Member ist:C000140236Member 2019-11-29 2019-11-29 0001100663 ist:S000045089Member ist:C000140236Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000045089Member ist:C000140236Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000045089Member ist:MSCIJapanMinimumVolatilityUSDIndexIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000031838Member 2019-11-29 2019-11-29 0001100663 ist:S000031838Member ist:C000099141Member 2019-11-29 2019-11-29 0001100663 ist:S000031838Member ist:C000099141Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000031838Member ist:C000099141Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000031838Member ist:MSCIUSAMinimumVolatilityUSDIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000054723Member 2019-11-29 2019-11-29 0001100663 ist:S000054723Member ist:C000171896Member 2019-11-29 2019-11-29 0001100663 ist:S000054723Member ist:C000171896Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000054723Member ist:C000171896Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000054723Member ist:MsciUsaSmallCapMinimumVolatilityUsdIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000048622Member 2019-11-29 2019-11-29 0001100663 ist:S000048622Member ist:C000153270Member 2019-11-29 2019-11-29 0001100663 ist:S000048622Member ist:C000153270Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000048622Member ist:C000153270Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000048622Member ist:MsciAcwiDiversifiedMultipleFactorIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000049024Member 2019-11-29 2019-11-29 0001100663 ist:S000049024Member ist:C000154547Member 2019-11-29 2019-11-29 0001100663 ist:S000049024Member ist:C000154547Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000049024Member ist:C000154547Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000049024Member ist:MSCIWorldexUSADiversifiedMultipleFactorIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000049025Member 2019-11-29 2019-11-29 0001100663 ist:S000049025Member ist:C000154548Member 2019-11-29 2019-11-29 0001100663 ist:S000049025Member ist:C000154548Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000049025Member ist:C000154548Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000049025Member ist:MSCIWorldexUSASmallCapDiversifiedMultipleFactorIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000048623Member 2019-11-29 2019-11-29 0001100663 ist:S000048623Member ist:C000153271Member 2019-11-29 2019-11-29 0001100663 ist:S000048623Member ist:C000153271Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000048623Member ist:C000153271Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000048623Member ist:MSCIUSADiversifiedMultipleFactorIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000065416Member 2019-11-29 2019-11-29 0001100663 ist:S000065416Member ist:C000211556Member 2019-11-29 2019-11-29 0001100663 ist:S000048624Member 2019-11-29 2019-11-29 0001100663 ist:S000048624Member ist:C000153272Member 2019-11-29 2019-11-29 0001100663 ist:S000048624Member ist:C000153272Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000048624Member ist:C000153272Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000048624Member ist:MSCIUSASmallCapDiversifiedMultipleFactorIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000040316Member 2019-11-29 2019-11-29 0001100663 ist:S000040316Member ist:C000125223Member 2019-11-29 2019-11-29 0001100663 ist:S000040316Member ist:C000125223Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000040316Member ist:C000125223Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000040316Member ist:MSCIUSAMomentumIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000041444Member 2019-11-29 2019-11-29 0001100663 ist:S000041444Member ist:C000128677Member 2019-11-29 2019-11-29 0001100663 ist:S000041444Member ist:C000128677Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000041444Member ist:C000128677Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000041444Member ist:MSCIUSASectorNeutralQualityIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000040204Member 2019-11-29 2019-11-29 0001100663 ist:S000040204Member ist:C000124960Member 2019-11-29 2019-11-29 0001100663 ist:S000040204Member ist:C000124960Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000040204Member ist:C000124960Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000040204Member ist:MSCIUSARiskWeightedIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000040204Member ist:MSCIUSALowSizeIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000040205Member 2019-11-29 2019-11-29 0001100663 ist:S000040205Member ist:C000124961Member 2019-11-29 2019-11-29 0001100663 ist:S000040205Member ist:C000124961Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000040205Member ist:C000124961Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000040205Member ist:MSCIUSAEnhancedValueIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000048311Member 2019-11-29 2019-11-29 0001100663 ist:S000048311Member ist:C000152570Member 2019-11-29 2019-11-29 0001100663 ist:S000065599Member 2019-11-29 2019-11-29 0001100663 ist:S000065599Member ist:C000212225Member 2019-11-29 2019-11-29 0001100663 ist:S000036830Member 2019-11-29 2019-11-29 0001100663 ist:S000036830Member ist:C000112640Member 2019-11-29 2019-11-29 0001100663 ist:S000036830Member ist:C000112640Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000036830Member ist:C000112640Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000036830Member ist:MorningstarMultiAssetHighIncomeIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000021461Member 2019-11-29 2019-11-29 0001100663 ist:S000021461Member ist:C000061364Member 2019-11-29 2019-11-29 0001100663 ist:S000021461Member ist:C000061364Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000021461Member ist:C000061364Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000021461Member ist:MsciAcwiIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000021460Member 2019-11-29 2019-11-29 0001100663 ist:S000021460Member ist:C000061363Member 2019-11-29 2019-11-29 0001100663 ist:S000021460Member ist:C000061363Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000021460Member ist:C000061363Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000021460Member ist:MsciAcwiexUsaIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000047644Member 2019-11-29 2019-11-29 0001100663 ist:S000047644Member ist:C000149539Member 2019-11-29 2019-11-29 0001100663 ist:S000047644Member ist:C000149539Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000047644Member ist:C000149539Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000047644Member ist:MsciAcwiLowCarbonTargetIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000022496Member 2019-11-29 2019-11-29 0001100663 ist:S000022496Member ist:C000065072Member 2019-11-29 2019-11-29 0001100663 ist:S000022496Member ist:C000065072Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000022496Member ist:C000065072Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000022496Member ist:MSCIACAsiaexJapanIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000047435Member 2019-11-29 2019-11-29 0001100663 ist:S000047435Member ist:C000148919Member 2019-11-29 2019-11-29 0001100663 ist:S000047435Member ist:C000148919Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000047435Member ist:C000148919Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000047435Member ist:MSCIChinaAInclusionIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000004351Member 2019-11-29 2019-11-29 0001100663 ist:S000004351Member ist:C000012081Member 2019-11-29 2019-11-29 0001100663 ist:S000004351Member ist:C000012081Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000004351Member ist:C000012081Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000004351Member ist:MsciEafeeIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000004437Member 2019-11-29 2019-11-29 0001100663 ist:S000004437Member ist:C000012200Member 2019-11-29 2019-11-29 0001100663 ist:S000004437Member ist:C000012200Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000004437Member ist:C000012200Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000004437Member ist:MSCIEAFEGrowthIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000019124Member 2019-11-29 2019-11-29 0001100663 ist:S000019124Member ist:C000052896Member 2019-11-29 2019-11-29 0001100663 ist:S000019124Member ist:C000052896Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000019124Member ist:C000052896Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000019124Member ist:MSCIEAFESmallCapIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000004438Member 2019-11-29 2019-11-29 0001100663 ist:S000004438Member ist:C000012201Member 2019-11-29 2019-11-29 0001100663 ist:S000004438Member ist:C000012201Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000004438Member ist:C000012201Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000004438Member ist:MSCIEAFEValueIndexIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000027327Member 2019-11-29 2019-11-29 0001100663 ist:S000027327Member ist:C000082529Member 2019-11-29 2019-11-29 0001100663 ist:S000027327Member ist:C000082529Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000027327Member ist:C000082529Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000027327Member ist:MSCIEuropeFinancialsIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000018145Member 2019-11-29 2019-11-29 0001100663 ist:S000018145Member ist:C000050168Member 2019-11-29 2019-11-29 0001100663 ist:S000018145Member ist:C000050168Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000018145Member ist:C000050168Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000018145Member ist:MSCIEuropeSmallCapIndexMember 2019-11-29 2019-11-29 0001100663 ist:S000019898Member 2019-11-29 2019-11-29 0001100663 ist:S000019898Member ist:C000055846Member 2019-11-29 2019-11-29 0001100663 ist:S000019898Member ist:C000055846Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000019898Member ist:C000055846Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000019898Member ist:MsciKokusaiIndexIndexreturnsdonotreflectdeductionsforfeesexpensesortaxesMember 2019-11-29 2019-11-29 0001100663 ist:S000062201Member 2019-11-29 2019-11-29 0001100663 ist:S000062201Member ist:C000201209Member 2019-11-29 2019-11-29 0001100663 ist:S000063520Member 2019-11-29 2019-11-29 0001100663 ist:S000063520Member ist:C000205801Member 2019-11-29 2019-11-29 0001100663 ist:S000048311Member ist:C000152570Member rr:AfterTaxesOnDistributionsMember 2019-11-29 2019-11-29 0001100663 ist:S000048311Member ist:C000152570Member rr:AfterTaxesOnDistributionsAndSalesMember 2019-11-29 2019-11-29 0001100663 ist:S000048311Member ist:MorningstarExponentialTechnologiesIndexMember 2019-11-29 2019-11-29 pure iso4217:USD 2019-11-29 485BPOS 2019-07-31 iSHARES TRUST 0001100663 false 2019-11-22 2019-11-29 iSHARES&#174; ADAPTIVE CURRENCY HEDGED MSCI EAFE ETF Ticker: DEFA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: Cboe BZX Investment Objective The iShares Adaptive Currency Hedged MSCI EAFE ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of large- and mid-capitalization equities in Europe, Australasia, and the Far East while dynamically hedging currency risk for a U.S. dollar based investor. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur &#8220;Acquired Fund Fees and Expenses.&#8221; Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees so that the Fund's total annual fund operating expenses after fee waiver is equal to the Acquired Fund Fees and Expenses attributable to the Fund's investment in the iShares MSCI EAFE ETF (&#8220;EFA&#8221; or the &#8220;Underlying Fund&#8221;), after taking into account any fee waivers by EFA, plus 0.03% through November 30, 2020. The contractual waiver may be terminated prior to November 30, 2020 only upon written agreement of the Trust and BFA.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund and the Underlying Fund in which the Fund principally invests, the iShares MSCI EAFE ETF, may pay transaction costs, such as commissions, when they buy and sell securities (or &#8220;turn over&#8221; their portfolios). A higher portfolio turnover rate for the Fund or the Underlying Fund may indicate higher transaction costs and may cause the Fund or the Underlying Fund to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to the Underlying Fund included as part of Acquired Fund Fees and Expenses), affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 8% of the average value of its portfolio. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI EAFE Adaptive Hedge to USD Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;) as an equity benchmark for international stock performance with the foreign currency exposure of the securities included in the Underlying Index dynamically hedged against the U.S. dollar. The Index Provider systematically determines the hedging weights through analysis of four currency risk indicators: carry, momentum, value, and volatility. As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;). The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>The Fund seeks to achieve its investment objective by investing a substantial portion of its assets in the Underlying Fund.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund and the Underlying Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities or other instruments comprising an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and the Underlying Fund may or may not hold all of the securities and other components of the applicable underlying index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the Underlying Fund) and other instruments of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Components of the Underlying Index include equity securities and currency forward contracts (both deliverable and non-deliverable) designed to hedge against non-U.S. currency fluctuations. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>In order to track the &#8220;hedging&#8221; component of the Underlying Index, which attempts to mitigate currency risk, the Fund intends to enter into currency forward contracts designed to offset the Fund&#8217;s holdings in component securities denominated in a non-U.S. dollar currency. A currency forward contract is a contract between two parties to buy or sell a specified amount of a specific currency in the future at an agreed-upon exchange rate. The Fund&#8217;s exposure to currency forward contracts is based on the exposure of the Fund to the component securities and a hedge ratio (&#8220;Hedge Ratio&#8221;), as calculated by MSCI.<br/><br/>The Underlying Index applies a methodology, based on the Hedge Ratio, that sells the total value or a portion of the total value of each non-U.S. dollar currency in which the securities of the Underlying Index are denominated in the form of a one-month currency contract to create a &#8220;hedge&#8221; against fluctuations in the relative value of the currencies in relation to the U.S. dollar. The Hedge Ratio is based on four commonly used indicators for measuring currency risk, which are equally weighted and include: value (relative purchasing power between the foreign currency and the U.S. dollar based on exchange rates over a long-term average), momentum (relative price momentum of the foreign currency compared against the U.S. dollar over the previous six months), carry (differences in short-term interest rates between the foreign currency and the U.S. dollar over a long-term average), and volatility (relative price volatility of the foreign currency based on the currency&#8217;s one-month average against its six-month average). The overall effect, since the four indicators are equally weighted, is that each foreign currency represented by constituent weights in the Underlying Index can be unhedged, 25% hedged, 50% hedged, 75% hedged or fully hedged relative to the U.S. dollar.<br/><br/>The hedge (based on the Hedge Ratio) is reset on a monthly basis by MSCI and will not be adjusted intra-month based on movement in the value of the underlying equity securities and/or currencies, or based on the four indicators. The Underlying Index may therefore be slightly &#8220;over-hedged&#8221; (if equity values decline) or &#8220;under-hedged&#8221; (if the equity values increase) between the month-end rebalances. The Underlying Index is therefore intended to have higher returns than an equivalent unhedged investment when the non-U.S. dollar component currencies are weakening relative to the U.S. dollar. Conversely, the Underlying Index is therefore intended to have lower returns than an equivalent unhedged investment when the non-U.S. dollar component currencies are strengthening relative to the U.S. dollar.<br/><br/>While the use of currency forward contracts, based on the Hedge Ratio, is designed to minimize the impact of the strengthening or weakening of a foreign currency on Fund returns, it does not necessarily eliminate the Fund&#8217;s exposure to the non-U.S. dollar component currencies. The return of the currency forward contracts may not perfectly offset the actual fluctuations in value between the non-U.S. dollar component currencies and the U.S. dollar.<br/><br/>The Fund may use non-deliverable forward (&#8220;NDF&#8221;) contracts to execute its hedging transactions. An NDF is a contract where there is no physical settlement of two currencies at maturity. Rather, based on the movements of the currencies and the contractually agreed-upon exchange rate, a net cash settlement will be made by one party to the other.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities and currency forwards in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Fund), any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's or the Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Assets Under Management (AUM) Risk.</b> From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this Prospectus), a third-party investor, the Fund&#8217;s adviser or an affiliate of the Fund&#8217;s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There<b> </b>can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's or the Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Hedging Risk.</b> When a derivative is used as a hedge against a position that the Fund or the Underlying Fund holds, any loss generated by the derivative generally should be substantially offset by gains on the hedged investment, and vice versa. While hedging can reduce or eliminate losses, it can also reduce or eliminate gains. Hedges are sometimes subject to imperfect matching between the derivative and its reference asset, and there can be no assurance that the calculation methodology for the currency hedging or the Fund&#8217;s hedging transactions, when implemented, will be effective.<br/><br/>In seeking to track the &#8220;hedging&#8221; component of the Underlying Index, the Fund invests in currency forward contracts (which may include both physically-settled forward contracts and NDFs) designed to hedge the currency exposure of non-U.S. dollar denominated securities held in its portfolio (directly or indirectly through its investment in the Underlying Fund). NDFs may be less liquid than deliverable currency forward contracts and require the Fund to post variation margin to the counterparty, which can increase costs for the Fund. A lack of liquidity in NDFs of the hedged currency could result in the Fund being unable to structure its hedging transactions as intended. In addition, BFA may seek to limit the size of the Fund in order to attempt to reduce the likelihood of a situation where the Fund is unable to obtain sufficient liquidity in an underlying currency hedge to implement its investment objective.<br/><br/>Currency forward contracts, including NDFs, do not eliminate movements in the value of non-U.S. currencies and securities but rather allow the Fund to establish a fixed rate of exchange for a future point in time. Exchange rates may be volatile and may change quickly and unpredictably in response to both global economic developments and economic conditions in a geographic region in which the Fund or the Underlying Fund invests. In addition, in order to minimize transaction costs, or for other reasons, the Fund&#8217;s exposure to the non-U.S. dollar component currencies may not be fully hedged to the extent indicated by the Hedge Ratio, as determined by the indicators described in the Fund's principal investment strategies. At certain times, the Fund may use an optimized hedging strategy and will hedge a smaller number of non-U.S. dollar component currencies to reduce hedging costs. In addition, each currency's hedge is reset on a monthly basis and will not be adjusted during the month based on movement in the value of the component securities or currencies. As a result, the Underlying Index may be &#8220;over-hedged&#8221; or &#8220;under-hedged&#8221; between month-end rebalances. Furthermore, while the Fund is designed to hedge against currency fluctuations, it is possible that a degree of currency exposure may remain even at the time a hedging transaction is implemented. As a result, the Fund may not be able to structure its hedging transactions as anticipated or its hedging transactions may not successfully reduce the currency risk included in the Fund&#8217;s portfolio. Because currency forwards are over-the-counter instruments, the Fund is subject to counterparty risk as well as market or liquidity risk with respect to the hedging transactions the Fund enters into. Currency hedging activity exposes the Fund to credit risk due to counterparty exposure. This risk will be higher to the extent that the Fund trades with a single counterparty or small number of counterparties.<br/><br/>The effectiveness of the Fund&#8217;s currency hedging strategy will in general be affected by the volatility of both the Underlying Index and the volatility of the U.S. dollar relative to the currencies to be hedged, measured on an aggregate basis. Increased volatility in either or both of the Underlying Index and the U.S. dollar relative to the currencies to be hedged will generally reduce the effectiveness of the Fund&#8217;s currency hedging strategy as calculated by MSCI. In addition, volatility in one or more of the currencies may offset stability in another currency and reduce the overall effectiveness of the hedges. The effectiveness of the Fund&#8217;s currency hedging strategy may also in general be affected by interest rates. Significant differences between U.S. dollar interest rates and some or all of the applicable foreign currency interest rates may impact the effectiveness of the Fund&#8217;s currency hedging strategy.<br/><br/><b>Currency Risk.</b> Because the Fund's and the Underlying Fund's NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of one or more of the non-U.S. markets in which the Fund or the Underlying Fund invests depreciates against the U.S. dollar and the depreciation of one currency is not offset by appreciation in another currency and/or the Fund's attempt to hedge currency exposure to the depreciating currency or currencies is unsuccessful. Generally, an increase in the value of the U.S. dollar against the non-U.S. dollar component currencies will reduce the value of a security denominated in such currencies, as applicable. In addition, fluctuations in the exchange rates of currencies could affect the economy or particular business operations of companies in a geographic region, including securities in which the Fund or the Underlying Fund invests, causing an adverse impact on the Fund&#8217;s or the Underlying Fund&#8217;s investments in the affected region and the U.S. As a result, investors have the potential for losses regardless of the length of time they intend to hold Fund shares. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund or the Underlying Fund, the Fund's or the Underlying Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or the issuers of securities in which the Fund or the Underlying Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or issuers of securities in which the Fund or the Underlying Fund invests.<br/><br/><b>Derivatives Risk. </b>The Fund will use currency forwards and NDFs to hedge the currency exposure resulting from investments in the foreign currency-denominated securities held by the Fund or the Underlying Fund. The Fund&#8217;s or the Underlying Fund's use of these instruments, like investments in other derivatives, may reduce the Fund&#8217;s or the Underlying Fund's returns, increase volatility and/or result in losses due to credit risk or ineffective hedging strategies. Volatility is defined as the characteristic of a security, a currency, an index or a market, to fluctuate significantly in price within a defined time period. Currency forwards, like other derivatives, are also subject to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. A risk of the Fund&#8217;s or the Underlying Fund's use of derivatives is that the fluctuations in their values may not correlate perfectly with the value of the currency or currencies being hedged as compared to that of the U.S. dollar. The possible lack of a liquid secondary market for derivatives and the resulting inability of the Fund or the Underlying Fund to sell or otherwise close a derivatives position could expose the Fund or the Underlying Fund to losses and could make derivatives more difficult for the Fund or the Underlying Fund to value accurately. The Fund or the Underlying Fund could also suffer losses related to its derivatives positions as a result of unanticipated market movements, which losses are potentially unlimited. BFA&#8217;s use of derivatives is not intended to predict the direction of securities prices, currency exchange rates, interest rates and other economic factors, which could cause the Fund&#8217;s derivatives positions to lose value. Derivatives may give rise to a form of leverage and may expose the Fund or the Underlying Fund to greater risk and increase its costs. Regulatory requirements may make derivatives more costly, may limit the availability of derivatives, and may delay or restrict the exercise of remedies by the Fund upon a counterparty default under derivatives held by the Fund (which could result in losses), remedies or termination rights by the Fund, and may otherwise adversely affect the value and performance of derivatives.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund or the Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or the Underlying Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Investment in Underlying Fund Risk.</b> The Fund expects to invest a substantial portion of its assets in the Underlying Fund, so the Fund&#8217;s investment performance is likely to be directly related to the performance of the Underlying Fund. The Fund&#8217;s NAV will change with changes in the value of the Underlying Fund and other instruments in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Fund, including as a result of the currency hedging activity conducted by the Fund.<br/><br/>As the Fund&#8217;s allocation to the Underlying Fund changes from time to time, or to the extent that the total annual fund operating expenses of the Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities and other instruments to which the Fund and the Underlying Fund have exposure. Changes in the financial condition or credit rating of an issuer of those securities or counterparty on other instruments may cause the value of the securities or instruments to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund and the Underlying Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund and the Underlying Fund face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, losses due to ineffective currency hedges, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S AND THE UNDERLYING FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>Model Risk.</b> Neither the Fund nor BFA can offer assurances that the allocation and hedging model used to calculate the Underlying Index will achieve its intended results.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund or the Underlying Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s or the Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s or the Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s or the Underlying Fund's NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or the Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities&nbsp;&nbsp;or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund and the Underlying Fund are specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and <b>Middle Eastern Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund and the Underlying Fund are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s or the Underlying Fund's service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund and the Underlying Fund are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund and the Underlying Fund invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund and the Underlying Fund are specifically exposed to <b>Asian Economic Risk</b>, <b>European Economic Risk</b> and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s or the Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s or the Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Japan.</b> The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan&#8217;s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund or the Underlying Fund. Japan&#8217;s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.<br/><br/><b>Risk of Investing in the U.K.</b> Investments in U.K. issuers may subject the Fund and the Underlying Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.&#8217;s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the European Union (the &#8220;EU&#8221;) (&#8220;Brexit&#8221;). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.<br/><br/><b>Securities Lending Risk. </b>The Fund and the Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Small Fund Risk. </b>When the Fund&#8217;s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.<br/><br/><b>Structural Risk.</b> The countries in which the Fund or the Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tax Risk.</b> Because the Fund invests in the Underlying Fund, the Fund&#8217;s realized losses on sales of shares of the Underlying Fund may be indefinitely or permanently deferred as &#8220;wash sales.&#8221; Distributions of short-term capital gains by the Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund&#8217;s capital loss carryforwards, if any. Capital loss carryforwards of the Underlying Fund, if any, would not offset net capital gains of the Fund. Each of these effects is caused by the Fund&#8217;s investment in the Underlying Fund and may result in distributions to Fund shareholders being of higher magnitude and less likely to qualify for lower capital gain tax rates than if the Fund were to invest directly in the securities and other instruments comprising the Underlying Index. The Fund invests in derivatives. The federal income tax treatment of a derivative may not be as favorable as a direct investment in an underlying asset. Derivatives may produce taxable income and taxable realized gain. Derivatives may adversely affect the timing, character and amount of income the Fund realizes from its investments. As a result, a larger portion of the Fund&#8217;s distributions may be treated as ordinary income rather than as capital gains. In addition, certain derivatives are subject to mark-to-market or straddle provisions of the Internal Revenue Code of 1986, as amended (the &#8220;Internal Revenue Code&#8221;). If such provisions are applicable, there could be an increase (or decrease) in the amount of taxable dividends paid by the Fund. Income from swaps is generally taxable. In addition, the tax treatment of certain derivatives, such as swaps, is unsettled and may be subject to future legislation, regulation or administrative pronouncements issued by the U.S. Internal Revenue Service (&#8220;IRS&#8221;).<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities (including shares of the Underlying Fund) and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund&#8217;s valuation of a security at the time of calculation of the Fund&#8217;s NAV), transaction and hedging costs incurred and forward rates achieved by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or other distributions, interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index and the cost to the Fund of complying with various new or existing regulatory requirements. These risks may be heightened during times of increased market volatility or other unusual market conditions in the affected securities and/or foreign exchange markets. In addition, tracking error may result because the Fund incurs fees and expenses, while the Underlying Index does not, and because the Fund accepts creations and redemptions during time periods between which it is able to adjust its currency hedges, whereas the Underlying Index does not adjust its hedging during these periods. To the extent that the Fund seeks its investment objective through investments in the Underlying Fund, the Fund may experience increased tracking error as compared to investing directly in the component securities of the Underlying Index. The potential for increased tracking error may result from investments in the Underlying Fund due to, among other things, differences in the composition of the investment portfolio of the Underlying Fund as compared to the index tracked by the Underlying Fund and differences in the timing of the Fund&#8217;s valuation of: (i) the Underlying Fund and the currency forward contracts (each valued as of the close of the New York Stock Exchange (&#8220;NYSE&#8221;), typically 4:00 p.m., Eastern Time), (ii) the valuation of the securities in the Underlying Index (generally valued as of each security&#8217;s local market close) and (iii) the currency forward contracts included in the Underlying Index (generally valued at 4:00 p.m., London time).<br/><br/><b>Valuation Risk.</b> The price the Fund and the Underlying Fund could receive upon the sale of a security or unwind of a financial instrument or other asset may differ from the Fund's or the Underlying Fund's valuation of the security, instrument or other asset and from the value used by the Underlying Index, particularly for securities or other instruments that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other instruments in the Fund's or the Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or the Underlying Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund or the Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or the Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s or the Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Year Ended December 31) The best calendar quarter return during the period shown above was 5.98% in the 1st quarter of 2017; the worst was -11.74% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) November 30, 2020 You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0038 0 0 0.0032 0.007 -0.0035 0.0035 36 188 355 837 0.2101 -0.1066 -0.1066 0.0415 2016-01-05 -0.1175 0.0334 -0.0544 0.0328 -0.1054 0.0455 0.08 The Fund&#8217;s year-to-date return 2019-09-30 0.1496 0.0598 2017-03-31 worst -0.1174 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000016 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000014 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000017 column period compact * ~</div> iSHARES&#174; CHINA LARGE-CAP ETF Ticker: FXI&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares China Large-Cap ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of large-capitalization Chinese equities that trade on the Hong Kong Stock Exchange. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 14% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the FTSE China 50 Index (the &#8220;Underlying Index&#8221;), which is designed to measure the performance of the largest companies in the Chinese equity market that trade on the Stock Exchange of Hong Kong (SEHK) and are available to international investors, as determined by FTSE International Limited (the &#8220;Index Provider&#8221; or &#8220;FTSE&#8221;). The Underlying Index consists of 50 of the largest and most liquid Chinese companies. Securities in the Underlying Index are weighted based on the total market value of their shares, so that securities with higher total market values generally have a higher representation in the Underlying Index. Each security in the Underlying Index is a current constituent of the FTSE All-World Index. Individual constituents are capped such that no individual company represents more than 9% of the Underlying Index and all companies that individually have a weight greater than 4.5% in aggregate represent no more than 38% of the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally invests at least 90% of its assets in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index. The Fund may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by FTSE, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Custody Risk.</b> Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. Chinese financials sector regulation and ownership may be more intrusive than in the U.S. and other developed countries, especially with respect to the regulation of non-Chinese banks and other non-Chinese financial companies. Greater Chinese governmental involvement in the financials sector may pose additional risks for investors. Market conditions in China may be particularly subject to change based on government policy. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in China, which could adversely affect the economy or the business operations of companies in China, causing an adverse impact on the Fund's investments in China.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Nationalization Risk.</b> Investments in China may be subject to loss due to expropriation or nationalization of assets and property or the imposition of restrictions on foreign investments and repatriation of capital.<br/><br/><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments that track the value of Chinese issuers are subject to the risks associated with investing in China, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Privatization Risk.</b> China has privatized, or has begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in a country whose economy is heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk</b>, <b>European Economic Risk </b>and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in China. </b>Investments in Chinese issuers subject the Fund to risks specific to China. Investments in certain Hong Kong-listed securities may also subject the Fund to exposure to Chinese companies. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the last few decades, the Chinese government has undertaken reform of economic and market practices and has expanded the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. China has experienced security concerns, such as terrorism and strained international relations. Additionally, China is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Chinese government or Chinese companies, may impact China&#8217;s economy and Chinese issuers of securities in which the Fund invests. Incidents involving China's or the region's security may cause uncertainty in Chinese markets and may adversely affect the Chinese economy and the Fund's investments. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of additional tariffs or other trade barriers (including as a result of heightened trade tensions between China and the U.S., or in response to actual or alleged Chinese cyber activity) or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.<br/><br/><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in China may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. <b>INDEX ETFS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX ETFS THAT DO NOT TRACK SUCH INDICES.</b><br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Two total return versions of the Underlying Index are calculated by the Index Provider - the gross total return index, which is calculated including dividends with no tax withholding, and the net of tax total return index, which is calculated including dividends but withholds taxes based on the maximum withholding tax rates applicable to dividends received by non-resident investors. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 35.34% in the 2nd quarter of 2009; the worst was -24.86% in the 3rd quarter of 2011.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0074 0 0 0.0074 76 237 411 918 0.5241 0.0213 -0.1771 0.1696 -0.012 0.1203 -0.1191 0.0174 0.3448 -0.1241 -0.1241 0.0341 0.0576 2004-10-05 -0.1273 0.0302 0.0549 -0.0674 0.0286 0.049 -0.1181 0.0417 0.0662 0.14 The Fund&#8217;s year-to-date return 2019-09-30 0.0257 0.3534 2009-06-30 worst -0.2486 2011-09-30 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000023 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000026 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000024 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000027 column period compact * ~</div> iShares Core Conservative Allocation ETF Ticker: AOK&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Core Conservative Allocation ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of a portfolio of underlying equity and fixed income funds intended to represent a conservative target risk allocation strategy. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.&nbsp;&nbsp;The Fund may incur &#8220;Acquired Fund Fees and Expenses.&#8221; Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund and the iShares funds in which the Fund invests (each, an &#8220;Underlying Fund&#8221; and collectively, the &#8220;Underlying Funds&#8221;), may pay transaction costs, such as commissions, when they buy and sell securities (or &#8220;turn over&#8221; their portfolio). A higher portfolio turnover rate for the Fund or Underlying Funds may indicate higher transaction costs primarily in other iShares Underlying and may cause the Fund or Underlying Funds to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to Underlying Funds included as part of Acquired Fund Fees and Expenses), affect the Fund's performance. To the extent an Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. During the most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 3% of the average value of its portfolio. Principal Investment Strategies The Fund is a fund of funds and seeks to achieve its investment objective by investing primarily in Underlying Funds that themselves seek investment results corresponding to their own respective underlying indexes. The Underlying Funds invest primarily in distinct asset classes, such as large- or mid-capitalization U.S. or non-U.S. equity, the aggregate bond market (including allocation to international bonds as well as USD-denominated bonds) or the U.S. Treasury bond market; each such asset class has its own risk profile.<br/><br/>The S&amp;P Target Risk Conservative Index (the &#8220;Underlying Index&#8221;) is composed of a portfolio of equity and fixed-income Underlying Funds and measures the performance of the S&amp;P Dow Jones Indices LLC (the &#8220;Index Provider&#8221; or &#8220;SPDJI&#8221;) proprietary allocation model that is intended to represent a &#8220;conservative&#8221; target risk allocation strategy as defined by SPDJI. The Underlying Index seeks to emphasize exposure to fixed income, in order to produce a current income stream and avoid excessive volatility of returns. Equities are included in the Underlying Index to seek to protect long-term purchasing power. SPDJI&#8217;s estimation of a conservative target risk allocation may differ from your own.<br/><br/>The Fund is designed for investors seeking current income, capital preservation and avoidance of excessive volatility of returns. As of July 31, 2019, the Underlying Index included a fixed allocation of 30% of its assets in Underlying Funds that invest primarily in equity securities and 70% of its assets in Underlying Funds that invest primarily in bonds. As of July 31, 2019, the Fund invested approximately 29.12% of its assets in Underlying Funds that invest primarily in equity securities, 70.78% of its assets in Underlying Funds that invest primarily in bonds and the remainder of its assets in Underlying Funds that invest primarily in money market instruments.<br/><br/>As of July 31, 2019, the Fund invested in the iShares Core International Aggregate Bond ETF, iShares Core MSCI Emerging Markets ETF, iShares Core MSCI International Developed Markets ETF, iShares Core S&amp;P 500 ETF, iShares Core S&amp;P Mid-Cap ETF, iShares Core S&amp;P Small-Cap ETF, iShares Core Total USD Bond Market ETF and money market funds advised by BFA or its affiliates (&#8220;BlackRock Cash Funds&#8221;). BFA may add, eliminate or replace any or all Underlying Funds at any time. As of July 31, 2019, a significant portion of the Underlying Index is represented by U.S. treasury securities. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and an Underlying Fund may or may not hold all of the securities in the applicable Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is a product of SPDJI which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Funds), any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Affiliated Fund Risk.</b> In managing the Fund, BFA will have the ability to select Underlying Funds and substitute Underlying Funds with other exchange-traded funds (&#8220;ETFs&#8221;) that it believes will achieve the Fund&#8217;s objective. BFA may be subject to potential conflicts of interest in selecting Underlying Funds and substituting Underlying Funds with other ETFs because the fees paid to BFA by some Underlying Funds and other ETFs managed by BFA may be higher than the fees paid by other Underlying Funds. If an Underlying Fund or other ETF holds interests in an affiliated fund in excess of a certain amount, the Fund may be prohibited from purchasing shares of that Underlying Fund or other ETF.<br/><br/><b>Allocation Risk.</b> The Fund&#8217;s ability to achieve its investment objective depends upon the Index Provider's ability to develop a model that accurately assesses the Fund&#8217;s asset class allocation and selects the best mix of Underlying Funds and other ETFs. There is a risk that the Index Provider's evaluations and assumptions regarding asset classes or Underlying Funds, which are utilized as inputs in the model, may be incorrect in view of actual market conditions.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's or an Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b>&nbsp;&nbsp;Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for ETFs, such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Call Risk. </b>During periods of falling interest rates, an issuer of a callable bond held by the Fund or an Underlying Fund may &#8220;call&#8221; or repay the security before its stated maturity, and the Fund or an Underlying Fund may have to reinvest the proceeds in securities with lower yields, which would result in a decline in the Fund's income, or in securities with greater risks or with other less favorable features.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's or an Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Credit Risk.</b> Debt issuers and other counterparties may be unable or unwilling to make timely interest and/or principal payments when due or otherwise honor their obligations. Changes in an issuer&#8217;s credit rating or the market&#8217;s perception of an issuer&#8217;s creditworthiness may also adversely affect the value of the Fund&#8217;s or an Underlying Fund's investment in that issuer. The degree of credit risk depends on an issuer's or counterparty's financial condition and on the terms of an obligation.<br/><br/><b>Currency Risk.</b> Because the Fund's and the Underlying Funds' NAVs are determined in U.S. dollars, the Fund's NAV could decline if a currency of a non-U.S. market in which a Fund or an Underlying Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund or the Underlying Funds, the Funds' or the Underlying Funds' adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Derivatives Risk. </b>The Fund or an Underlying Fund may invest in certain types of derivatives contracts, including futures, options and swaps, which can be more sensitive to changes in interest rates or to sudden fluctuations in market prices than conventional securities, which can result in greater losses to the Fund.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. Certain Underlying Funds invest in common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Extension Risk. </b>During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund&#8217;s income and potentially in the value of the Fund&#8217;s or an Underlying Fund's investments.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund or an Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or an Underlying Fund's investments in the affected region.<br/><br/><b>High Portfolio Turnover Risk.</b> High portfolio turnover (considered by the Fund and the Underlying Funds to mean higher than 100% annually) may result in increased transaction costs to the Fund or an Underlying Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.<br/><br/><b>High Yield Securities Risk. </b>Securities that are rated below investment-grade (commonly referred to as &#8220;junk bonds,&#8221; which may include those bonds rated below &#8220;BBB-&#8221; by Standard &amp; Poor&#8217;s<sup>&#174;</sup> Global Ratings, a subsidiary of S&amp;P Global, Inc. (&#8220;S&amp;P Global Ratings&#8221;) and Fitch Ratings, Inc. (&#8220;Fitch&#8221;) or &#8220;Baa3&#8221; by Moody's Investors Service, Inc. (&#8220;Moody's&#8221;)), or are unrated, may be deemed speculative, may involve greater levels of risk than higher-rated securities of similar maturity and may be more likely to default.<br/><br/><b>Income Risk. </b>The Fund's income may decline if interest rates fall. This decline in income can occur because the Fund or an Underlying Fund may subsequently invest in lower-yielding bonds when bonds in its portfolio mature, are near maturity or are called, bonds in the Underlying Index are substituted, or the Fund or an Underlying Fund otherwise needs to purchase additional bonds.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Interest Rate Risk.</b> An increase in interest rates may cause the value of securities held by the Fund or an Underlying Fund to decline, may lead to heightened volatility in the fixed-income markets and may adversely affect the liquidity of certain fixed-income investments. The historically low interest rate environment, together with recent modest rate increases, heightens the risks associated with rising interest rates.<br/><br/><b>Investment in Underlying Funds Risk.</b> The Fund invests substantially all of its assets in the Underlying Funds, so the Fund&#8217;s investment performance is directly related to the performance of the Underlying Funds. The Fund&#8217;s NAV will change with changes in the value of the Underlying Funds and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Funds.<br/><br/>As the Underlying Funds, or the Fund&#8217;s allocations among the Underlying Funds, change from time to time, or to the extent that the total annual fund operating expenses of any Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund or an Underlying Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund or the Underlying Funds will not fully replicate their respective indexes, they are subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund and the Underlying Funds could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund and the Underlying Funds face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Model Risk.</b> Neither the Fund nor BFA can offer assurances that the Underlying Index's allocation model will achieve its intended results or maximize returns or minimize risk, or be appropriate for every investor seeking a particular risk profile.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund or the Underlying Funds trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s or an Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s or an Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s or an Underlying Fund's NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Issuers Risk. </b>Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or an Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.<br/><br/><b>Operational Risk.</b> The Fund and the Underlying Funds are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Funds and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund and the Underlying Funds are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Prepayment Risk.</b> During periods of falling interest rates, issuers of certain debt obligations may repay principal prior to the security&#8217;s maturity, which may cause the Fund to have to reinvest in securities with lower yields or higher risk of default, resulting in a decline in the Fund&#8217;s income or return potential.<br/><br/><b>Privately-Issued Securities Risk. </b>The Fund or the Underlying Funds may invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the &#8220;1933 Act&#8221;). Privately-issued securities are securities that have not been registered under the 1933 Act and as a result may be subject to legal restrictions on resale. Privately-issued securities are generally not traded on established markets. As a result of the absence of a public trading market, privately issued securities may be deemed to be illiquid investments, may be more difficult to value than publicly traded securities and may be subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.<br/><br/><b>Reinvestment Risk.</b> The Fund or an Underlying Fund may invest a portion of its assets in short-term fixed-income instruments and, as a result, may be adversely affected if interest rates fall because they may have to invest in lower-yielding bonds as bonds mature.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund and certain Underlying Funds invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and <b>U.S. Economic Risk.</b><br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s or an Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s or an Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Russia. </b>Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the &#8220;EU&#8221;), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia&#8217;s economy and Russian issuers of securities in which the Fund invests.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund or the Underlying Funds has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund or an Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Funds may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Funds could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund or an Underlying Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund or an Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tax Risk.</b> Because the Fund is expected to invest in the Underlying Funds, the Fund&#8217;s realized losses on sales of shares of an Underlying Fund may be indefinitely or permanently deferred as &#8220;wash sales.&#8221; Distributions of short-term capital gains by an Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund&#8217;s capital loss carryforwards, if any. Capital loss carryforwards of an Underlying Fund, if any, would not offset net capital gains of the Fund.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of a fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in a fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because a fund incurs fees and expenses, while the Underlying Index does not. The Underlying Funds are also subject to tracking error risk in seeking to track their own performance of the applicable underlying indexes.<br/><br/><b>Treaty/Tax Risk.</b> Certain of the Underlying Funds invest all of their assets that are invested in India in wholly owned subsidiaries located in the Republic of Mauritius (the &#8220;Subsidiaries&#8221;). These Underlying Funds and the Subsidiaries rely on the Double Tax Avoidance Agreement between India and Mauritius (&#8220;DTAA&#8221;) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, an Underlying Fund may continue to invest in a Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.<br/><br/><b>U.S. Treasury Obligations Risk. </b>U.S. Treasury obligations may differ from other securities in their interest rates, maturities, times of issuance and other characteristics and may provide relatively lower returns than those of other securities. Similar to other issuers, changes to the financial condition or credit rating of a government may cause the value of the Fund's or an Underlying Fund's U.S. Treasury obligations to decline.<br/><br/><b>Valuation Risk.</b> The price the Fund or an Underlying Fund could receive upon the sale of a security or other asset may differ from the Fund's or the Underlying Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's or an Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or an Underlying Fund's shares. Authorized Participants who purchase or redeem shares of the Fund or an Underlying Fund on days when the Fund or an Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or an Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s or an Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 6.07% in the 3rd quarter of 2009; the worst was -3.22% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). November 30, 2021 You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0025 0 0 0.0006 0.0031 -0.0006 0.0025 26 87 162 381 0.0935 0.0717 0.0428 0.0652 0.0664 0.0395 -0.0114 0.0514 0.0961 -0.0288 -0.0288 0.0284 0.0479 2008-11-04 -0.0378 0.0199 0.0401 -0.0157 0.0189 0.0352 -0.0273 0.0293 0.0487 0.03 The Fund&#8217;s year-to-date return 2019-09-30 0.1085 best 0.0607 2009-09-30 worst -0.0322 2018-12-31 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000033 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000036 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000034 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000037 column period compact * ~</div> iShares Core Moderate Allocation ETF Ticker: AOM&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Core Moderate Allocation ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of a portfolio of underlying equity and fixed income funds intended to represent a moderate target risk allocation strategy. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.&nbsp;&nbsp;The Fund may incur &#8220;Acquired Fund Fees and Expenses.&#8221; Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund and the iShares funds in which the Fund invests (each, an &#8220;Underlying Fund&#8221; and collectively, the &#8220;Underlying Funds&#8221;), may pay transaction costs, such as commissions, when they buy and sell securities (or &#8220;turn over&#8221; their portfolio). A higher portfolio turnover rate for the Fund or Underlying Funds may indicate higher transaction costs and may cause the Fund or Underlying Funds to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to Underlying Funds included as part of Acquired Fund Fees and Expenses), affect the Fund's performance. To the extent an Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. During the most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 4% of the average value of its portfolio. Principal Investment Strategies The Fund is a fund of funds and seeks to achieve its investment objective by investing primarily in Underlying Funds that themselves seek investment results corresponding to their own respective underlying indexes. The Underlying Funds invest primarily in distinct asset classes, such as large- or mid-capitalization U.S. or non-U.S. equity, the aggregate bond market (including allocation to international bonds as well as USD-denominated bonds) or the U.S. Treasury bond market; each such asset class has its own risk profile.<br/><br/>The S&amp;P Target Risk Moderate Index (the &#8220;Underlying Index&#8221;) is composed of a portfolio of equity and fixed-income Underlying Funds and measures the performance of the S&amp;P Dow Jones Indices LLC (the &#8220;Index Provider&#8221; or &#8220;SPDJI&#8221;) proprietary allocation model that is intended to represent a &#8220;moderate&#8221; target risk allocation strategy as defined by SPDJI. The Underlying Index seeks to provide significant exposure to fixed income, while also providing increased opportunity for capital growth through equities. SPDJI&#8217;s estimation of a moderate target risk allocation may differ from your own.<br/><br/>The Fund is designed for investors seeking current income, some capital preservation and an opportunity for moderate to low capital appreciation. As of July 31, 2019, the Underlying Index included a fixed allocation of 40% of its assets in Underlying Funds that invest primarily in equity securities and 60% of its assets in Underlying Funds that invest primarily in bonds. As of July 31, 2019, the Fund invested approximately 38.97% of its assets in Underlying Funds that invest primarily in equity securities, 60.91% of its assets in Underlying Funds that invest primarily in bonds and the remainder of its assets in Underlying Funds that invest primarily in money market instruments.<br/><br/>As of July 31, 2019, the Fund invested in the iShares Core International Aggregate Bond ETF, iShares Core MSCI Emerging Markets ETF, iShares Core MSCI International Developed Markets ETF, iShares Core S&amp;P 500 ETF, iShares Core S&amp;P Mid-Cap ETF, iShares Core S&amp;P Small-Cap ETF, iShares Core Total USD Bond Market ETF and money market funds advised by BFA or its affiliates (&#8220;BlackRock Cash Funds&#8221;). BFA may add, eliminate or replace any or all Underlying Funds at any time. As of July 31, 2019, a significant portion of the Underlying Index is represented by U.S. treasury securities. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and an Underlying Fund may or may not hold all of the securities in the applicable Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is a product of SPDJI which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Funds), any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Affiliated Fund Risk.</b> In managing the Fund, BFA will have the ability to select Underlying Funds and substitute Underlying Funds with other exchange-traded funds (&#8220;ETFs&#8221;) that it believes will achieve the Fund&#8217;s objective. BFA may be subject to potential conflicts of interest in selecting Underlying Funds and substituting Underlying Funds with other ETFs because the fees paid to BFA by some Underlying Funds and other ETFs managed by BFA may be higher than the fees paid by other Underlying Funds. If an Underlying Fund or other ETF holds interests in an affiliated fund in excess of a certain amount, the Fund may be prohibited from purchasing shares of that Underlying Fund or other ETF.<br/><br/><b>Allocation Risk.</b> The Fund&#8217;s ability to achieve its investment objective depends upon the Index Provider's ability to develop a model that accurately assesses the Fund&#8217;s asset class allocation and selects the best mix of Underlying Funds and other ETFs. There is a risk that the Index Provider's evaluations and assumptions regarding asset classes or Underlying Funds, which are utilized as inputs in the model, may be incorrect in view of actual market conditions.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's or an Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b>&nbsp;&nbsp;Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for ETFs, such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Call Risk. </b>During periods of falling interest rates, an issuer of a callable bond held by the Fund or an Underlying Fund may &#8220;call&#8221; or repay the security before its stated maturity, and the Fund or an Underlying Fund may have to reinvest the proceeds in securities with lower yields, which would result in a decline in the Fund's income, or in securities with greater risks or with other less favorable features.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's or an Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Credit Risk.</b> Debt issuers and other counterparties may be unable or unwilling to make timely interest and/or principal payments when due or otherwise honor their obligations. Changes in an issuer&#8217;s credit rating or the market&#8217;s perception of an issuer&#8217;s creditworthiness may also adversely affect the value of the Fund&#8217;s or an Underlying Fund's investment in that issuer. The degree of credit risk depends on an issuer's or counterparty's financial condition and on the terms of an obligation.<br/><br/><b>Currency Risk.</b> Because the Fund's and the Underlying Funds' NAVs are determined in U.S. dollars, the Fund's NAV could decline if a currency of a non-U.S. market in which a Fund or an Underlying Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund or the Underlying Funds, the Funds' or the Underlying Funds' adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Derivatives Risk. </b>The Fund or an Underlying Fund may invest in certain types of derivatives contracts, including futures, options and swaps, which can be more sensitive to changes in interest rates or to sudden fluctuations in market prices than conventional securities, which can result in greater losses to the Fund.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. Certain Underlying Funds invest in common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Extension Risk. </b>During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund&#8217;s income and potentially in the value of the Fund&#8217;s or an Underlying Fund's investments.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund or an Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or an Underlying Fund's investments in the affected region.<br/><br/><b>High Portfolio Turnover Risk.</b> High portfolio turnover (considered by the Fund and the Underlying Funds to mean higher than 100% annually) may result in increased transaction costs to the Fund or an Underlying Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.<br/><br/><b>High Yield Securities Risk. </b>Securities that are rated below investment-grade (commonly referred to as &#8220;junk bonds,&#8221; which may include those bonds rated below &#8220;BBB-&#8221; by Standard &amp; Poor&#8217;s<sup>&#174;</sup> Global Ratings, a subsidiary of S&amp;P Global, Inc. (&#8220;S&amp;P Global Ratings&#8221;) and Fitch Ratings, Inc. (&#8220;Fitch&#8221;) or &#8220;Baa3&#8221; by Moody's Investors Service, Inc. (&#8220;Moody's&#8221;)), or are unrated, may be deemed speculative, may involve greater levels of risk than higher-rated securities of similar maturity and may be more likely to default.<br/><br/><b>Income Risk. </b>The Fund's income may decline if interest rates fall. This decline in income can occur because the Fund or an Underlying Fund may subsequently invest in lower-yielding bonds when bonds in its portfolio mature, are near maturity or are called, bonds in the Underlying Index are substituted, or the Fund or an Underlying Fund otherwise needs to purchase additional bonds.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Interest Rate Risk.</b> An increase in interest rates may cause the value of securities held by the Fund or an Underlying Fund to decline, may lead to heightened volatility in the fixed-income markets and may adversely affect the liquidity of certain fixed-income investments. The historically low interest rate environment, together with recent modest rate increases, heightens the risks associated with rising interest rates.<br/><br/><b>Investment in Underlying Funds Risk.</b> The Fund invests substantially all of its assets in the Underlying Funds, so the Fund&#8217;s investment performance is directly related to the performance of the Underlying Funds. The Fund&#8217;s NAV will change with changes in the value of the Underlying Funds and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Funds.<br/><br/>As the Underlying Funds, or the Fund&#8217;s allocations among the Underlying Funds, change from time to time, or to the extent that the total annual fund operating expenses of any Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund or an Underlying Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund or the Underlying Funds will not fully replicate their respective indexes, they are subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund and the Underlying Funds could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund and the Underlying Funds face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Model Risk.</b> Neither the Fund nor BFA can offer assurances that the Underlying Index's allocation model will achieve its intended results or maximize returns or minimize risk, or be appropriate for every investor seeking a particular risk profile.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund or the Underlying Funds trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s or an Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s or an Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s or an Underlying Fund's NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Issuers Risk. </b>Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or an Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.<br/><br/><b>Operational Risk.</b> The Fund and the Underlying Funds are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Funds and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund and the Underlying Funds are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Prepayment Risk.</b> During periods of falling interest rates, issuers of certain debt obligations may repay principal prior to the security&#8217;s maturity, which may cause the Fund to have to reinvest in securities with lower yields or higher risk of default, resulting in a decline in the Fund&#8217;s income or return potential.<br/><br/><b>Reinvestment Risk.</b> The Fund or an Underlying Fund may invest a portion of its assets in short-term fixed-income instruments and, as a result, may be adversely affected if interest rates fall because they may have to invest in lower-yielding bonds as bonds mature.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund and certain Underlying Funds invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and <b>U.S. Economic Risk.</b><br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s or an Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s or an Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Russia. </b>Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the &#8220;EU&#8221;), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia&#8217;s economy and Russian issuers of securities in which the Fund invests.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund or the Underlying Funds has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund or an Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Funds may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Funds could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund or an Underlying Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund or an Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tax Risk.</b> Because the Fund is expected to invest in the Underlying Funds, the Fund&#8217;s realized losses on sales of shares of an Underlying Fund may be indefinitely or permanently deferred as &#8220;wash sales.&#8221; Distributions of short-term capital gains by an Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund&#8217;s capital loss carryforwards, if any. Capital loss carryforwards of an Underlying Fund, if any, would not offset net capital gains of the Fund.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of a fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in a fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because a fund incurs fees and expenses, while the Underlying Index does not. The Underlying Funds are also subject to tracking error risk in seeking to track their own performance of the applicable underlying indexes.<br/><br/><b>Treaty/Tax Risk.</b> Certain of the Underlying Funds invest all of their assets that are invested in India in wholly owned subsidiaries located in the Republic of Mauritius (the &#8220;Subsidiaries&#8221;). These Underlying Funds and the Subsidiaries rely on the Double Tax Avoidance Agreement between India and Mauritius (&#8220;DTAA&#8221;) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, an Underlying Fund may continue to invest in a Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.<br/><br/><b>U.S. Treasury Obligations Risk. </b>U.S. Treasury obligations may differ from other securities in their interest rates, maturities, times of issuance and other characteristics and may provide relatively lower returns than those of other securities. Similar to other issuers, changes to the financial condition or credit rating of a government may cause the value of the Fund's or an Underlying Fund's U.S. Treasury obligations to decline.<br/><br/><b>Valuation Risk.</b> The price the Fund or an Underlying Fund could receive upon the sale of a security or other asset may differ from the Fund's or the Underlying Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's or an Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or an Underlying Fund's shares. Authorized Participants who purchase or redeem shares of the Fund or an Underlying Fund on days when the Fund or an Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or an Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s or an Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 8.84% in the 3rd quarter of 2009; the worst was -5.42% in the 1st quarter of 2009.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). November 30, 2021 You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0025 0 0 0.0006 0.0031 -0.0006 0.0025 26 87 162 381 0.1374 0.0808 0.0214 0.085 0.1041 0.0445 -0.0118 0.0568 0.117 -0.0386 -0.0386 0.0321 0.0583 2008-11-04 -0.0465 0.024 0.051 -0.0211 0.0223 0.0444 -0.0372 0.0331 0.0592 0.04 The Fund&#8217;s year-to-date return 2019-09-30 0.1159 best 0.0884 2009-09-30 worst -0.0542 2009-03-31 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000043 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000046 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000044 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000047 column period compact * ~</div> iShares Core Growth Allocation ETF Ticker: AOR&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Core Growth Allocation ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of a portfolio of underlying equity and fixed income funds intended to represent a growth allocation target risk strategy. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.&nbsp;&nbsp;The Fund may incur &#8220;Acquired Fund Fees and Expenses.&#8221; Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund and the iShares funds in which the Fund invests (each, an &#8220;Underlying Fund&#8221; and collectively, the &#8220;Underlying Funds&#8221;), may pay transaction costs, such as commissions, when they buy and sell securities (or &#8220;turn over&#8221; their portfolio). A higher portfolio turnover rate for the Fund or Underlying Funds may indicate higher transaction costs and may cause the Fund or Underlying Funds to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to Underlying Funds included as part of Acquired Fund Fees and Expenses), affect the Fund's performance. To the extent an Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. During the most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 4% of the average value of its portfolio. Principal Investment Strategies The Fund is a fund of funds and seeks to achieve its investment objective by investing primarily in Underlying Funds that themselves seek investment results corresponding to their own respective underlying indexes. The Underlying Funds invest primarily in distinct asset classes, such as large- or mid-capitalization U.S. or non-U.S. equity, the aggregate bond market (including USD-denominated bonds) or the U.S. Treasury bond market; each such asset class has its own risk profile.<br/><br/>The S&amp;P Target Risk Growth Index (the &#8220;Underlying Index&#8221;) is composed of a portfolio of equity and fixed-income Underlying Funds and measures the performance of the S&amp;P Dow Jones Indices LLC (the &#8220;Index Provider&#8221; or &#8220;SPDJI&#8221;) proprietary allocation model that is intended to represent a &#8220;growth&#8221; target risk allocation strategy as defined by SPDJI. The Underlying Index seeks to provide increased exposure to equities, while also using some fixed income exposure to dampen risk. SPDJI&#8217;s estimation of a growth target risk allocation may differ from your own.<br/><br/>The Fund is designed for investors seeking moderate capital appreciation and some opportunity for current income and capital preservation. As of July 31, 2019, the Underlying Index included a fixed allocation of 60% of its assets in Underlying Funds that invest primarily in equity securities and 40% of its assets in Underlying Funds that invest primarily in bonds. As of July 31, 2019, the Fund invested approximately 58.94% of its assets in Underlying Funds that invest primarily in equity securities, 40.93% of its assets in Underlying Funds that invest primarily in bonds and the remainder of its assets in Underlying Funds that invest primarily in money market instruments.<br/><br/>As of July 31, 2019, the Fund invested in the iShares Core International Aggregate Bond ETF, iShares Core MSCI Emerging Markets ETF, iShares Core MSCI International Developed Markets ETF, iShares Core S&amp;P 500 ETF, iShares Core S&amp;P Mid-Cap ETF, iShares Core S&amp;P Small-Cap ETF, iShares Core Total USD Bond Market ETF and money market funds advised by BFA or its affiliates (&#8220;BlackRock Cash Funds&#8221;). BFA may add, eliminate or replace any or all Underlying Funds at any time. As of July 31, 2019, a significant portion of the Underlying Index is represented by companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and an Underlying Fund may or may not hold all of the securities in the applicable Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is a product of SPDJI which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Funds), any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Affiliated Fund Risk.</b> In managing the Fund, BFA will have the ability to select Underlying Funds and substitute Underlying Funds with other exchange-traded funds (&#8220;ETFs&#8221;) that it believes will achieve the Fund&#8217;s objective. BFA may be subject to potential conflicts of interest in selecting Underlying Funds and substituting Underlying Funds with other ETFs because the fees paid to BFA by some Underlying Funds and other ETFs managed by BFA may be higher than the fees paid by other Underlying Funds. If an Underlying Fund or other ETF holds interests in an affiliated fund in excess of a certain amount, the Fund may be prohibited from purchasing shares of that Underlying Fund or other ETF.<br/><br/><b>Allocation Risk.</b> The Fund&#8217;s ability to achieve its investment objective depends upon the Index Provider's ability to develop a model that accurately assesses the Fund&#8217;s asset class allocation and selects the best mix of Underlying Funds and other ETFs. There is a risk that the Index Provider's evaluations and assumptions regarding asset classes or Underlying Funds, which are utilized as inputs in the model, may be incorrect in view of actual market conditions.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's or an Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b>&nbsp;&nbsp;Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for ETFs, such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Call Risk. </b>During periods of falling interest rates, an issuer of a callable bond held by the Fund or an Underlying Fund may &#8220;call&#8221; or repay the security before its stated maturity, and the Fund or an Underlying Fund may have to reinvest the proceeds in securities with lower yields, which would result in a decline in the Fund's income, or in securities with greater risks or with other less favorable features.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's or an Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Credit Risk.</b> Debt issuers and other counterparties may be unable or unwilling to make timely interest and/or principal payments when due or otherwise honor their obligations. Changes in an issuer&#8217;s credit rating or the market&#8217;s perception of an issuer&#8217;s creditworthiness may also adversely affect the value of the Fund&#8217;s or an Underlying Fund's investment in that issuer. The degree of credit risk depends on an issuer's or counterparty's financial condition and on the terms of an obligation.<br/><br/><b>Currency Risk.</b> Because the Fund's and the Underlying Funds' NAVs are determined in U.S. dollars, the Fund's NAV could decline if a currency of a non-U.S. market in which a Fund or an Underlying Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund or the Underlying Funds, the Funds' or the Underlying Funds' adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Derivatives Risk. </b>The Fund or an Underlying Fund may invest in certain types of derivatives contracts, including futures, options and swaps, which can be more sensitive to changes in interest rates or to sudden fluctuations in market prices than conventional securities, which can result in greater losses to the Fund.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. Certain Underlying Funds invest in common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Extension Risk. </b>During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund&#8217;s income and potentially in the value of the Fund&#8217;s or an Underlying Fund's investments.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund or an Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or an Underlying Fund's investments in the affected region.<br/><br/><b>High Portfolio Turnover Risk.</b> High portfolio turnover (considered by the Fund and the Underlying Funds to mean higher than 100% annually) may result in increased transaction costs to the Fund or an Underlying Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.<br/><br/><b>High Yield Securities Risk. </b>Securities that are rated below investment-grade (commonly referred to as &#8220;junk bonds,&#8221; which may include those bonds rated below &#8220;BBB-&#8221; by Standard &amp; Poor&#8217;s<sup>&#174;</sup> Global Ratings, a subsidiary of S&amp;P Global, Inc. (&#8220;S&amp;P Global Ratings&#8221;) and Fitch Ratings, Inc. (&#8220;Fitch&#8221;) or &#8220;Baa3&#8221; by Moody's Investors Service, Inc. (&#8220;Moody's&#8221;)), or are unrated, may be deemed speculative, may involve greater levels of risk than higher-rated securities of similar maturity and may be more likely to default.<br/><br/><b>Income Risk. </b>The Fund's income may decline if interest rates fall. This decline in income can occur because the Fund or an Underlying Fund may subsequently invest in lower-yielding bonds when bonds in its portfolio mature, are near maturity or are called, bonds in the Underlying Index are substituted, or the Fund or an Underlying Fund otherwise needs to purchase additional bonds.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Interest Rate Risk.</b> An increase in interest rates may cause the value of securities held by the Fund or an Underlying Fund to decline, may lead to heightened volatility in the fixed-income markets and may adversely affect the liquidity of certain fixed-income investments. The historically low interest rate environment, together with recent modest rate increases, heightens the risks associated with rising interest rates.<br/><br/><b>Investment in Underlying Funds Risk.</b> The Fund invests substantially all of its assets in the Underlying Funds, so the Fund&#8217;s investment performance is directly related to the performance of the Underlying Funds. The Fund&#8217;s NAV will change with changes in the value of the Underlying Funds and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Funds.<br/><br/>As the Underlying Funds, or the Fund&#8217;s allocations among the Underlying Funds, change from time to time, or to the extent that the total annual fund operating expenses of any Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund or an Underlying Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund or the Underlying Funds will not fully replicate their respective indexes, they are subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund and the Underlying Funds could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund and the Underlying Funds face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Model Risk.</b> Neither the Fund nor BFA can offer assurances that the Underlying Index's allocation model will achieve its intended results or maximize returns or minimize risk, or be appropriate for every investor seeking a particular risk profile.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund or the Underlying Funds trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s or an Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s or an Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s or an Underlying Fund's NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Issuers Risk. </b>Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or an Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>European Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund and the Underlying Funds are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Funds and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund and the Underlying Funds are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Prepayment Risk.</b> During periods of falling interest rates, issuers of certain debt obligations may repay principal prior to the security&#8217;s maturity, which may cause the Fund to have to reinvest in securities with lower yields or higher risk of default, resulting in a decline in the Fund&#8217;s income or return potential.<br/><br/><b>Reinvestment Risk.</b> The Fund or an Underlying Fund may invest a portion of its assets in short-term fixed-income instruments and, as a result, may be adversely affected if interest rates fall because they may have to invest in lower-yielding bonds as bonds mature.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund and certain Underlying Funds invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and <b>U.S. Economic Risk.</b><br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s or an Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s or an Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Russia. </b>Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the &#8220;EU&#8221;), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia&#8217;s economy and Russian issuers of securities in which the Fund invests.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund or the Underlying Funds has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund or an Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Funds may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Funds could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund or an Underlying Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund or an Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tax Risk.</b> Because the Fund is expected to invest in the Underlying Funds, the Fund&#8217;s realized losses on sales of shares of an Underlying Fund may be indefinitely or permanently deferred as &#8220;wash sales.&#8221; Distributions of short-term capital gains by an Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund&#8217;s capital loss carryforwards, if any. Capital loss carryforwards of an Underlying Fund, if any, would not offset net capital gains of the Fund.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of a fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in a fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because a fund incurs fees and expenses, while the Underlying Index does not. The Underlying Funds are also subject to tracking error risk in seeking to track their own performance of the applicable underlying indexes.<br/><br/><b>Treaty/Tax Risk.</b> Certain of the Underlying Funds invest all of their assets that are invested in India in wholly owned subsidiaries located in the Republic of Mauritius (the &#8220;Subsidiaries&#8221;). These Underlying Funds and the Subsidiaries rely on the Double Tax Avoidance Agreement between India and Mauritius (&#8220;DTAA&#8221;) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, an Underlying Fund may continue to invest in a Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.<br/><br/><b>Valuation Risk.</b> The price the Fund or an Underlying Fund could receive upon the sale of a security or other asset may differ from the Fund's or the Underlying Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's or an Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or an Underlying Fund's shares. Authorized Participants who purchase or redeem shares of the Fund or an Underlying Fund on days when the Fund or an Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or an Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s or an Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 11.79% in the 3rd quarter of 2009; the worst was -9.44% in the 3rd quarter of 2011.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows: Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). November 30, 2021 Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0025 0 0 0.0006 0.0031 -0.0006 0.0025 26 87 162 381 0.191 0.1106 0.0116 0.1136 0.1592 0.0622 -0.0108 0.0667 0.1588 -0.0584 -0.0584 0.0411 0.0776 2008-11-04 -0.065 0.0329 0.0705 -0.0319 0.0299 0.0612 -0.0569 0.0421 0.0787 0.04 The Fund&#8217;s year-to-date return 2019-09-30 0.1307 best 0.1179 2009-09-30 worst -0.0944 2011-09-30 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000053 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000056 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000054 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000057 column period compact * ~</div> iShares Core Aggressive Allocation ETF Ticker: AOA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Core Aggressive Allocation ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of a portfolio of underlying equity and fixed income funds intended to represent an aggressive target risk allocation strategy. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.&nbsp;&nbsp;The Fund may incur &#8220;Acquired Fund Fees and Expenses.&#8221; Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund and the iShares funds in which the Fund invests (each, an &#8220;Underlying Fund&#8221; and collectively, the &#8220;Underlying Funds&#8221;), may pay transaction costs, such as commissions, when they buy and sell securities (or &#8220;turn over&#8221; their portfolio). A higher portfolio turnover rate for the Fund or Underlying Funds may indicate higher transaction costs and may cause the Fund or Underlying Funds to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to Underlying Funds included as part of Acquired Fund Fees and Expenses), affect the Fund's performance. To the extent an Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. During the most recent fiscal year, the Fund&#8217;s portfolio turnover rate was 4% of the average value of its portfolio. Principal Investment Strategies The Fund is a fund of funds and seeks to achieve its investment objective by investing primarily in Underlying Funds that themselves seek investment results corresponding to their own respective underlying indexes. The Underlying Funds invest primarily in distinct asset classes, such as large- or mid-capitalization U.S. or non-U.S. equity, the aggregate bond market (including USD-denominated bonds) or the U.S. Treasury bond market; each such asset class has its own risk profile.<br/><br/>The S&amp;P Target Risk Aggressive Index (the &#8220;Underlying Index&#8221;) is composed of a portfolio of equity and fixed-income Underlying Funds and measures the performance of the S&amp;P Dow Jones Indices LLC (the &#8220;Index Provider&#8221; or &#8220;SPDJI&#8221;) proprietary allocation model that is intended to represent an &#8220;aggressive&#8221; target risk allocation strategy as defined by SPDJI. The Underlying Index seeks to emphasize exposure to equities, maximizing opportunities for long-term capital accumulation. The Underlying Index may include small allocations in fixed income to enhance portfolio efficiency. SPDJI&#8217;s estimation of an aggressive target risk allocation may differ from your own.<br/><br/>The Fund is designed for investors seeking long-term capital appreciation. As of July 31, 2019, the Underlying Index included a fixed allocation of 80% of its assets in Underlying Funds that invest primarily in equity securities and 20% of its assets in Underlying Funds that invest primarily in bonds. As of July 31, 2019, the Fund invested approximately 79.25% of its assets in Underlying Funds that invest primarily in equity securities, 20.64% of its assets in Underlying Funds that invest primarily in bonds and the remainder of its assets in Underlying Funds that invest primarily in money market instruments.<br/><br/>As of July 31, 2019, the Fund invested in the iShares Core International Aggregate Bond ETF, iShares Core MSCI Emerging Markets ETF, iShares Core MSCI International Developed Markets ETF, iShares Core S&amp;P 500 ETF, iShares Core S&amp;P Mid-Cap ETF, iShares Core S&amp;P Small-Cap ETF, iShares Core Total USD Bond Market ETF and money market funds advised by BFA or its affiliates (&#8220;BlackRock Cash Funds&#8221;). BFA may add, eliminate or replace any or all Underlying Funds at any time. As of July 31, 2019, a significant portion of the Underlying Index is represented by companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and an Underlying Fund may or may not hold all of the securities in the applicable Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is a product of SPDJI which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Funds), any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Affiliated Fund Risk.</b> In managing the Fund, BFA will have the ability to select Underlying Funds and substitute Underlying Funds with other exchange-traded funds (&#8220;ETFs&#8221;) that it believes will achieve the Fund&#8217;s objective. BFA may be subject to potential conflicts of interest in selecting Underlying Funds and substituting Underlying Funds with other ETFs because the fees paid to BFA by some Underlying Funds and other ETFs managed by BFA may be higher than the fees paid by other Underlying Funds. If an Underlying Fund or other ETF holds interests in an affiliated fund in excess of a certain amount, the Fund may be prohibited from purchasing shares of that Underlying Fund or other ETF.<br/><br/><b>Allocation Risk.</b> The Fund&#8217;s ability to achieve its investment objective depends upon the Index Provider's ability to develop a model that accurately assesses the Fund&#8217;s asset class allocation and selects the best mix of Underlying Funds and other ETFs. There is a risk that the Index Provider's evaluations and assumptions regarding asset classes or Underlying Funds, which are utilized as inputs in the model, may be incorrect in view of actual market conditions.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's or an Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b>&nbsp;&nbsp;Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for ETFs, such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Call Risk. </b>During periods of falling interest rates, an issuer of a callable bond held by the Fund or an Underlying Fund may &#8220;call&#8221; or repay the security before its stated maturity, and the Fund or an Underlying Fund may have to reinvest the proceeds in securities with lower yields, which would result in a decline in the Fund's income, or in securities with greater risks or with other less favorable features.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's or an Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Credit Risk.</b> Debt issuers and other counterparties may be unable or unwilling to make timely interest and/or principal payments when due or otherwise honor their obligations. Changes in an issuer&#8217;s credit rating or the market&#8217;s perception of an issuer&#8217;s creditworthiness may also adversely affect the value of the Fund&#8217;s or an Underlying Fund's investment in that issuer. The degree of credit risk depends on an issuer's or counterparty's financial condition and on the terms of an obligation.<br/><br/><b>Currency Risk.</b> Because the Fund's and the Underlying Funds' NAVs are determined in U.S. dollars, the Fund's NAV could decline if a currency of a non-U.S. market in which a Fund or an Underlying Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund or the Underlying Funds, the Funds' or the Underlying Funds' adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Derivatives Risk. </b>The Fund or an Underlying Fund may invest in certain types of derivatives contracts, including futures, options and swaps, which can be more sensitive to changes in interest rates or to sudden fluctuations in market prices than conventional securities, which can result in greater losses to the Fund.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. Certain Underlying Funds invest in common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Extension Risk. </b>During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund&#8217;s income and potentially in the value of the Fund&#8217;s or an Underlying Fund's investments.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund or an Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or an Underlying Fund's investments in the affected region.<br/><br/><b>High Portfolio Turnover Risk.</b> High portfolio turnover (considered by the Fund and the Underlying Funds to mean higher than 100% annually) may result in increased transaction costs to the Fund or an Underlying Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.<br/><br/><b>High Yield Securities Risk. </b>Securities that are rated below investment-grade (commonly referred to as &#8220;junk bonds,&#8221; which may include those bonds rated below &#8220;BBB-&#8221; by Standard &amp; Poor&#8217;s<sup>&#174;</sup> Global Ratings, a subsidiary of S&amp;P Global, Inc. (&#8220;S&amp;P Global Ratings&#8221;) and Fitch Ratings, Inc. (&#8220;Fitch&#8221;) or &#8220;Baa3&#8221; by Moody's Investors Service, Inc. (&#8220;Moody's&#8221;)), or are unrated, may be deemed speculative, may involve greater levels of risk than higher-rated securities of similar maturity and may be more likely to default.<br/><br/><b>Income Risk. </b>The Fund's income may decline if interest rates fall. This decline in income can occur because the Fund or an Underlying Fund may subsequently invest in lower-yielding bonds when bonds in its portfolio mature, are near maturity or are called, bonds in the Underlying Index are substituted, or the Fund or an Underlying Fund otherwise needs to purchase additional bonds.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Interest Rate Risk.</b> An increase in interest rates may cause the value of securities held by the Fund or an Underlying Fund to decline, may lead to heightened volatility in the fixed-income markets and may adversely affect the liquidity of certain fixed-income investments. The historically low interest rate environment, together with recent modest rate increases, heightens the risks associated with rising interest rates.<br/><br/><b>Investment in Underlying Funds Risk.</b> The Fund invests substantially all of its assets in the Underlying Funds, so the Fund&#8217;s investment performance is directly related to the performance of the Underlying Funds. The Fund&#8217;s NAV will change with changes in the value of the Underlying Funds and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Funds.<br/><br/>As the Underlying Funds, or the Fund&#8217;s allocations among the Underlying Funds, change from time to time, or to the extent that the total annual fund operating expenses of any Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund or an Underlying Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund or the Underlying Funds will not fully replicate their respective indexes, they are subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund and the Underlying Funds could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund and the Underlying Funds face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Model Risk.</b> Neither the Fund nor BFA can offer assurances that the Underlying Index's allocation model will achieve its intended results or maximize returns or minimize risk, or be appropriate for every investor seeking a particular risk profile.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund or the Underlying Funds trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s or an Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s or an Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s or an Underlying Fund's NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Issuers Risk. </b>Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or an Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>European Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund and the Underlying Funds are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Funds and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund and the Underlying Funds are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Prepayment Risk.</b> During periods of falling interest rates, issuers of certain debt obligations may repay principal prior to the security&#8217;s maturity, which may cause the Fund to have to reinvest in securities with lower yields or higher risk of default, resulting in a decline in the Fund&#8217;s income or return potential.<br/><br/><b>Privately-Issued Securities Risk. </b>The Fund or the Underlying Funds may invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the &#8220;1933 Act&#8221;). Privately-issued securities are securities that have not been registered under the 1933 Act and as a result may be subject to legal restrictions on resale. Privately-issued securities are generally not traded on established markets. As a result of the absence of a public trading market, privately issued securities may be deemed to be illiquid investments, may be more difficult to value than publicly traded securities and may be subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.<br/><br/><b>Reinvestment Risk.</b> The Fund or an Underlying Fund may invest a portion of its assets in short-term fixed-income instruments and, as a result, may be adversely affected if interest rates fall because they may have to invest in lower-yielding bonds as bonds mature.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund and certain Underlying Funds invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and <b>U.S. Economic Risk.</b><br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s or an Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s or an Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Russia. </b>Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the &#8220;EU&#8221;), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia&#8217;s economy and Russian issuers of securities in which the Fund invests.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund or the Underlying Funds has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund or an Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Funds may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Funds could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund or an Underlying Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund or an Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tax Risk.</b> Because the Fund is expected to invest in the Underlying Funds, the Fund&#8217;s realized losses on sales of shares of an Underlying Fund may be indefinitely or permanently deferred as &#8220;wash sales.&#8221; Distributions of short-term capital gains by an Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund&#8217;s capital loss carryforwards, if any. Capital loss carryforwards of an Underlying Fund, if any, would not offset net capital gains of the Fund.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of a fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in a fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because a fund incurs fees and expenses, while the Underlying Index does not. The Underlying Funds are also subject to tracking error risk in seeking to track their own performance of the applicable underlying indexes.<br/><br/><b>Treaty/Tax Risk.</b> Certain of the Underlying Funds invest all of their assets that are invested in India in wholly owned subsidiaries located in the Republic of Mauritius (the &#8220;Subsidiaries&#8221;). These Underlying Funds and the Subsidiaries rely on the Double Tax Avoidance Agreement between India and Mauritius (&#8220;DTAA&#8221;) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, an Underlying Fund may continue to invest in a Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.<br/><br/><b>Valuation Risk.</b> The price the Fund or an Underlying Fund could receive upon the sale of a security or other asset may differ from the Fund's or the Underlying Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's or an Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or an Underlying Fund's shares. Authorized Participants who purchase or redeem shares of the Fund or an Underlying Fund on days when the Fund or an Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or an Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s or an Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 16.68% in the 2nd quarter of 2009; the worst was -15.39% in the 3rd quarter of 2011.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows: November 30, 2021 Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0025 0 0 0.0006 0.0031 -0.0006 0.0025 26 87 162 381 0.2638 0.1695 -0.018 0.1514 0.224 0.0601 -0.0099 0.0763 0.2004 -0.0776 -0.0776 0.0458 0.0985 2008-11-04 -0.0829 0.038 0.092 -0.0425 0.0344 0.0801 -0.0765 0.0469 0.0997 0.04 The Fund&#8217;s year-to-date return 2019-09-30 0.1454 best 0.1668 2009-06-30 worst -0.1539 2011-09-30 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000063 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000066 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000064 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000067 column period compact * ~</div> iSHARES&#174; CORE MSCI EAFE ETF Ticker: IEFA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: Cboe BZX Investment Objective The iShares Core MSCI EAFE ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of large-, mid- and small-capitalization developed market equities, excluding the U.S. and Canada. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 3% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI EAFE IMI Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;) as an equity benchmark for international stock performance. The Underlying Index is designed to measure large-, mid- and small-capitalization equity market performance and includes stocks from Europe, Australasia and the Far East and, as of July 31, 2019, consisted of securities from the following 21 developed market countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and industrials industries or sectors. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes. <br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Industrials Sector Risk.</b> Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and <b>Middle Eastern Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk</b> and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Japan.</b> The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan&#8217;s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan&#8217;s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. The Fund that seeks to track an index that contains a large number of securities may experience a higher level of tracking error than a more narrow index.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 12.04% in the 3rd quarter of 2013; the worst was -13.03% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: The expense information in the table has been restated to reflect current fees. Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0007 0 0 0.0007 7 23 40 90 0.2373 -0.0482 0.0053 0.0137 0.2642 -0.142 -0.142 0.0102 0.0484 2012-10-18 -0.1472 0.0044 0.0426 -0.0776 0.0089 0.0388 -0.144 0.0086 0.0468 0.03 The Fund&#8217;s year-to-date return 2019-09-30 0.1294 0.1204 2013-09-30 worst -0.1303 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000073 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000076 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000074 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000077 column period compact * ~</div> iSHARES&#174; CORE MSCI EUROPE ETF Ticker: IEUR&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Core MSCI Europe ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of large-, mid- and small-capitalization European equities. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 4% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI Europe IMI (the &#8220;Underlying Index&#8221;), a free float-adjusted market capitalization-weighted index which consists of securities from the following 15 developed market countries or regions: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;). The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>European Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk</b> and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Europe.</b> The Fund is more exposed to the economic and political risks of Europe and of the European countries in which it invests than funds whose investments are more geographically diversified. Adverse economic and political events in Europe may cause the Fund&#8217;s investments to decline in value. The economies and markets of European countries are often closely connected and interdependent, and events in one country in Europe can have an adverse impact on other European countries. The Fund makes investments in securities of issuers that are domiciled in, or have significant operations in, member states of the European Union (the &#8220;EU&#8221;) that are subject to economic and monetary controls that can adversely affect the Fund&#8217;s investments. The European financial markets have experienced volatility and adverse trends in recent years and these events have adversely affected the exchange rate of the euro and may continue to significantly affect other European countries.<br/><br/><b>Risk of Investing in the U.K.</b> Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.&#8217;s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the EU (&#8220;Brexit&#8221;). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 7.84% in the 2nd quarter of 2017; the worst was -13.36% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: The expense information in the table has been restated to reflect current fees. Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0009 0 0 0.0009 9 29 51 115 -0.0114 -0.0041 0.2685 -0.1524 -0.1524 -0.015 2014-06-10 -0.1572 -0.0197 -0.0825 -0.0095 -0.1553 -0.0172 0.04 The Fund&#8217;s year-to-date return 2019-09-30 0.1388 0.0784 2017-06-30 worst -0.1336 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000083 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000086 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000084 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000087 column period compact * ~</div> iSHARES&#174; CORE MSCI INTERNATIONAL DEVELOPED MARKETS ETF Ticker: IDEV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE ARCA Investment Objective The iShares Core MSCI International Developed Markets ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of large-, mid- and small-capitalization developed market equities, excluding the United States. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 5% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI World ex USA Investable Market Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;) as an equity benchmark for international stock performance in non-U.S. developed markets. The Underlying Index is free float adjusted, market cap weighted, and is designed to measure large-, mid- and small-capitalization equity market performance and includes stocks from North America, Europe, Australasia and the Far East and, as of July 31, 2019, consisted of securities from the following 23 developed market countries or regions: Australia, Austria, Belgium, Brazil, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and industrials industries or sectors. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Industrials Sector Risk.</b> Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk </b>and<b> European Economic Risk.</b><br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>U.S. Economic Risk.</b><br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Japan.</b> The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan&#8217;s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan&#8217;s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Year Ended December 31) The best calendar quarter return during the periods shown above was 1.09% in the 3rd quarter of 2018; the worst was -13.10% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0005 0 0 0.0005 5 16 28 64 -0.1432 -0.1432 0.0024 2017-03-21 -0.1478 -0.0024 -0.0787 0.0036 -0.1468 -0.0008 0.05 The Fund&#8217;s year-to-date return 2019-09-30 0.1384 0.0109 2018-09-30 worst -0.131 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000093 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000096 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000094 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000097 column period compact * ~</div> iSHARES&#174; CORE MSCI PACIFIC ETF Ticker: IPAC&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Core MSCI Pacific ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of large-, mid- and small-capitalization Pacific region equities. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 5% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI Pacific IMI (the &#8220;Underlying Index&#8221;), a free float-adjusted market capitalization-weighted index which consists of securities from the following five countries or regions: Australia, Hong Kong, Japan, New Zealand and Singapore. The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and industrials industries or sectors. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund. <br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the<b> </b>Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Commodity Risk.</b> The Fund&#8217;s investments in certain companies, especially resource extraction and production companies, are sensitive to fluctuations in certain commodity markets, and changes in those markets may cause the Fund&#8217;s portfolio to lose value.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Industrials Sector Risk.</b> Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.<br/><br/><b>Interdependence Risk.</b> Many of the Pacific region economies are intertwined, and it is not uncommon for many of the countries to be in recession at the same time.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Lack of Natural Resources Risk.</b> Certain economies to which the Fund may be exposed have few natural resources. Any fluctuation or shortage in the commodity markets could have a negative impact on those economies.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed<b> </b>foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk </b>and <b>Australasian Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions<b> </b>whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk</b>, <b>Australasian Economic Risk</b>, <b>European Economic Risk</b>, <b>Interdependence Risk</b> and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Japan.</b> The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan&#8217;s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is<b> </b>subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan&#8217;s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio<b> </b>transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 8.85% in the 4th quarter of 2015; the worst was -12.71% in the 3rd quarter of 2015.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: The expense information in the table has been restated to reflect current fees. Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0009 0 0 0.0009 9 29 51 115 0.0336 0.0455 0.2583 -0.1238 -0.1238 0.0309 2014-06-10 -0.1291 0.0243 -0.0685 0.0234 -0.1271 0.0304 0.05 The Fund&#8217;s year-to-date return 2019-09-30 0.115 0.0885 2015-12-31 worst -0.1271 2015-09-30 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000103 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000106 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000104 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000107 column period compact * ~</div> iSHARES&#174; CORE MSCI TOTAL INTERNATIONAL STOCK ETF Ticker: IXUS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NASDAQ Investment Objective The iShares Core MSCI Total International Stock ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of large-, mid- and small-capitalization non-U.S. equities. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur &#8220;Acquired Fund Fees and Expenses.&#8221; Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon the written agreement of the Trust and BFA.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 6% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI ACWI ex USA IMI (the &#8220;Underlying Index&#8221;), which is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries, excluding the U.S. As of July 31, 2019, the Underlying Index consisted of securities from companies in the following countries or regions: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czechia, Denmark, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, New Zealand, Norway, Pakistan, Peru, the Philippines, Poland, Portugal, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Arab Emirates and the United Kingdom (the &#8220;U.K.&#8221;) (together, the &#8220;ACWI ex US IMI countries&#8221;). As of July 31, 2019, the Underlying Index was comprised of 6,403 securities. The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund will invest all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the &#8220;Subsidiary&#8221;). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term &#8220;Fund,&#8221; as used in this Prospectus, means the Fund and/or the Subsidiary, as applicable.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss,<b> </b>including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Custody Risk.</b> Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index<b> </b>Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an<b> </b>adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's<b> </b>investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to<b> </b>respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk </b>and <b>European Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.<br/><br/><b>Risk of Investing in India.</b> Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and<b> </b>the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.<br/><br/><b>Risk of Investing in Russia. </b>Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the &#8220;EU&#8221;), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia&#8217;s economy and Russian issuers of securities in which the Fund invests.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees<b> </b>and expenses, while the Underlying Index does not. The Fund that seeks to track an index that contains a large number of securities may experience a higher level of tracking error than a more narrow index.<br/><br/><b>Treaty/Tax Risk.</b> The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (&#8220;DTAA&#8221;) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, the Fund may continue to invest in the Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 10.35% in the 3rd quarter of 2013; the worst was -11.88% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). November 30, 2021 You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: The expense information in the table has been restated to reflect current fees. Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0009 0 0 0 0.0009 0 0.0009 9 29 51 115 0.1585 -0.0396 -0.0462 0.0466 0.2808 -0.1455 -0.1455 0.0096 0.037 2012-10-18 -0.1501 0.0042 0.0316 -0.0806 0.0083 0.0296 -0.1476 0.0085 0.0358 0.06 The Fund&#8217;s year-to-date return 2019-09-30 0.1159 0.1035 2013-09-30 worst -0.1188 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000113 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000116 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000114 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000117 column period compact * ~</div> iSHARES&#174; CURRENCY HEDGED MSCI ACWI ex U.S. ETF Ticker: HAWX&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Currency Hedged MSCI ACWI ex U.S. ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of large- and mid-capitalization developed and emerging equities, excluding the U.S., while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur &#8220;Acquired Fund Fees and Expenses.&#8221; Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees so that the Fund&#8217;s total annual fund operating expenses after fee waiver is equal to the Acquired Fund Fees and Expenses attributable to the Fund&#8217;s investment in the iShares MSCI ACWI ex U.S. ETF (&#8220;ACWX&#8221; or the &#8220;Underlying Fund&#8221;), after taking into account any fee waivers by ACWX, plus 0.03% through November 30, 2020. The contractual waiver may be terminated prior to November 30, 2020 only upon written agreement of the Trust and BFA.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund and the Underlying Fund in which the Fund principally invests, the iShares MSCI ACWI ex U.S. ETF, may pay transaction costs, such as commissions, when they buy and sell securities (or &#8220;turn over&#8221; their portfolios). A higher portfolio turnover rate for the Fund or the Underlying Fund may indicate higher transaction costs and may cause the Fund or the Underlying Fund to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to the Underlying Fund included as part of Acquired Fund Fees and Expenses), affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 7% of the average value of its portfolio. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI ACWI ex USA 100% Hedged to USD Index (the &#8220;Underlying Index&#8221;), an equity benchmark for developed and emerging markets equity stock market performance, excluding the U.S., which attempts to mitigate exposure to the currency risk inherent in certain securities included in the Underlying Index by hedging to the U.S. dollar. The Underlying Index consisted of securities of companies in 48 countries or regions as of July 31, 2019. The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>The Fund seeks to achieve its investment objective by investing a substantial portion of its assets in the Underlying Fund.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund and the Underlying Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities or other instruments comprising an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and the Underlying Fund may or may not hold all of the securities and other components of the applicable underlying index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the Underlying Fund) and other instruments of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Components of the Underlying Index include equity securities and currency forward contracts (both deliverable and nondeliverable) designed to hedge non-U.S. currency fluctuations against the U.S. dollar. The notional exposure to currency forward contracts (both deliverable and nondeliverable) generally will be a short position that hedges the currency risk of the equity portfolio. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The index is 100% hedged to the U.S. dollar by selling each foreign non-U.S. dollar currency forward at the one-month Forward weight in order to create a &#8220;hedge&#8221; against fluctuations in the relative value of the non-U.S. dollar component currencies in relation to the U.S. dollar. A currency forward contract is an over-the-counter (&#8220;OTC&#8221;) contract between two parties to buy or sell a specified amount of a specific currency in the future at an agreed-upon exchange rate. The hedge is reset monthly by MSCI and is not adjusted intra-month based on movement in the value of the component equity securities and/or currencies. The Underlying Index may therefore be slightly &#8220;over-hedged&#8221; (if equity values decline) or &#8220;under-hedged&#8221; (if the equity values increase) between the month-end rebalances. The Underlying Index is designed to have higher returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are weakening relative to the U.S. dollar and appreciation in some of the non- U.S. dollar component currencies does not exceed the aggregate depreciation of the others. Conversely, the Underlying Index is designed to have lower returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are rising relative to the U.S. dollar.<br/><br/>In order to track the &#8220;hedging&#8221; component of the Underlying Index, the Fund intends to enter into currency forward contracts as described above. While this approach is designed to minimize the impact of currency fluctuations on Fund returns, it does not necessarily eliminate the Fund&#8217;s exposure to the non-U.S. dollar component currencies. The return of the currency forward contracts may not perfectly offset the actual fluctuations in value between the non-U.S. dollar component currencies and the U.S. dollar.<br/><br/>The Fund may also use non-deliverable forward (&#8220;NDF&#8221;) contracts to execute its hedging transactions. An NDF is a contract where there is no physical settlement of two currencies at maturity. Rather, based on the movement of the currencies and the contractually agreed-upon exchange rate, a net cash settlement will be made by one party to the other in U.S. dollars.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities and currency forwards in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Fund), any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's or the Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's or the Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Hedging Risk.</b> When a derivative is used as a hedge against a position that the Fund or the Underlying Fund holds, any loss generated by the derivative generally should be substantially offset by gains on the hedged investment, and vice versa. While hedging can reduce or eliminate losses, it can also reduce or eliminate gains. Hedges are sometimes subject to imperfect matching between the derivative and its reference asset, and there can be no assurance that the Fund&#8217;s hedging transactions will be effective. In seeking to track the &#8220;hedging&#8221; component of the Underlying Index, the Fund invests in currency forward contracts (which may include both physically-settled forward contracts and NDFs) designed to hedge the currency exposure of non-U.S. dollar denominated securities held in its portfolio (directly or indirectly through its investment in the Underlying Fund). NDFs may be less liquid than deliverable currency forward contracts and require the Fund to post variation margin to the counterparty, which can increase costs for the Fund. A lack of liquidity in NDFs of the hedged currency could result in the Fund being unable to structure its hedging transactions as intended. In addition, BFA may seek to limit the size of the Fund in order to attempt to reduce the likelihood of a situation where the Fund is unable to obtain sufficient liquidity in an underlying currency hedge to implement its investment objective.<br/><br/>Currency forward contracts, including NDFs, do not eliminate movements in the value of non-U.S. currencies and securities but rather allow the Fund to establish a fixed rate of exchange for a future point in time. Exchange rates may be volatile and may change quickly and unpredictably in response to both global economic developments and economic conditions in a geographic region in which the Fund or the Underlying Fund invests. In addition, in order to minimize transaction costs, or for other reasons, the Fund&#8217;s exposure to the non-U.S. dollar component currencies may not be fully hedged at all times. At certain times, the Fund may use an optimized hedging strategy and will hedge a smaller number of non-U.S. dollar component currencies to reduce hedging costs. In addition, because the Fund&#8217;s currency hedge is reset on a monthly basis, currency risk can develop or increase intra-month. Furthermore, while the Fund is designed to hedge against currency fluctuations, it is possible that a degree of currency exposure may remain even at the time a hedging transaction is implemented. As a result, the Fund may not be able to structure its hedging transactions as anticipated or its hedging transactions may not successfully reduce the currency risk included in the Fund&#8217;s portfolio. Because currency forwards are over-the-counter instruments, the Fund is subject to counterparty risk as well as market or liquidity risk with respect to the hedging transactions the Fund enters into. Currency hedging activity exposes the Fund to credit risk due to counterparty exposure. This risk will be higher to the extent that the Fund trades with a single counterparty or small number of counterparties.<br/><br/>The effectiveness of the Fund&#8217;s currency hedging strategy will in general be affected by the volatility of both the Underlying Index and the volatility of the U.S. dollar relative to the currencies to be hedged, measured on an aggregate basis. Increased volatility in either or both of the Underlying Index and the U.S. dollar relative to the currencies to be hedged will generally reduce the effectiveness of the Fund&#8217;s currency hedging strategy. In addition, volatility in one or more of the currencies may offset stability in another currency and reduce the overall effectiveness of the hedges. The effectiveness of the Fund&#8217;s currency hedging strategy may also in general be affected by interest rates. Significant differences between U.S. dollar interest rates and some or all of the applicable foreign currency interest rates may impact the effectiveness of the Fund&#8217;s currency hedging strategy.<br/><br/><b>Currency Risk.</b> Because the Fund's and the Underlying Fund's NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of one or more of the non-U.S. markets in which the Fund or the Underlying Fund invests depreciates against the U.S. dollar and the depreciation of one currency is not offset by appreciation in another currency and/or the Fund's attempt to hedge currency exposure to the depreciating currency or currencies is unsuccessful. Generally, an increase in the value of the U.S. dollar against the non-U.S. dollar component currencies will reduce the value of a security denominated in such currencies, as applicable. In addition, fluctuations in the exchange rates of currencies could affect the economy or particular business operations of companies in a geographic region, including securities in which the Fund or the Underlying Fund invests, causing an adverse impact on the Fund&#8217;s or the Underlying Fund&#8217;s investments in the affected region and the U.S. As a result, investors have the potential for losses regardless of the length of time they intend to hold Fund shares. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Custody Risk.</b> Less developed securities markets are more likely than more developed securities markets to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund or the Underlying Fund, the Fund's or the Underlying Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or the issuers of securities in which the Fund or the Underlying Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or issuers of securities in which the Fund or the Underlying Fund invests.<br/><br/><b>Derivatives Risk. </b>The Fund will use currency forwards and NDFs to hedge the currency exposure resulting from investments in the foreign currency-denominated securities held by the Fund or the Underlying Fund. The Fund&#8217;s or the Underlying Fund's use of these instruments, like investments in other derivatives, may reduce the Fund&#8217;s or the Underlying Fund's returns, increase volatility and/or result in losses due to credit risk or ineffective hedging strategies. Volatility is defined as the characteristic of a security, a currency, an index or a market, to fluctuate significantly in price within a defined time period. Currency forwards, like other derivatives, are also subject to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. A risk of the Fund&#8217;s or the Underlying Fund's use of derivatives is that the fluctuations in their values may not correlate perfectly with the value of the currency or currencies being hedged as compared to that of the U.S. dollar. The possible lack of a liquid secondary market for derivatives and the resulting inability of the Fund or the Underlying Fund to sell or otherwise close a derivatives position could expose the Fund or the Underlying Fund to losses and could make derivatives more difficult for the Fund or the Underlying Fund to value accurately. The Fund or the Underlying Fund could also suffer losses related to its derivatives positions as a result of unanticipated market movements, which losses are potentially unlimited. BFA&#8217;s use of derivatives is not intended to predict the direction of securities prices, currency exchange rates, interest rates and other economic factors, which could cause the Fund&#8217;s derivatives positions to lose value. Derivatives may give rise to a form of leverage and may expose the Fund or the Underlying Fund to greater risk and increase its costs. Regulatory requirements may make derivatives more costly, may limit the availability of derivatives, and may delay or restrict the exercise of remedies by the Fund upon a counterparty default under derivatives held by the Fund (which could result in losses), remedies or termination rights by the Fund, and may otherwise adversely affect the value and performance of derivatives.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund or the Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or the Underlying Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Investment in Underlying Fund Risk.</b> The Fund expects to invest a substantial portion of its assets in the Underlying Fund, so the Fund&#8217;s investment performance is likely to be directly related to the performance of the Underlying Fund. The Fund&#8217;s NAV will change with changes in the value of the Underlying Fund and other instruments in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Fund, including as a result of the currency hedging activity conducted by the Fund.<br/><br/>As the Fund&#8217;s allocation to the Underlying Fund changes from time to time, or to the extent that the total annual fund operating expenses of the Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities and other instruments to which the Fund and the Underlying Fund have exposure. Changes in the financial condition or credit rating of an issuer of those securities or counterparty on other instruments may cause the value of the securities or instruments to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund and the Underlying Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund and the Underlying Fund face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, losses due to ineffective currency hedges, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S AND THE UNDERLYING FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund or the Underlying Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s or the Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s or the Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s or the Underlying Fund's NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or the Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund and the Underlying Fund are specifically exposed to <b>Asian Economic Risk </b>and <b>European Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund and the Underlying Fund are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s or the Underlying Fund's service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund and the Underlying Fund are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Privatization Risk.</b> Some countries in which the Fund or the Underlying Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund and the Underlying Fund invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund and the Underlying Fund are specifically exposed to <b>Asian Economic Risk, European Economic Risk</b> and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s and the Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s or the Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Emerging Markets.</b> The Fund's or the Underlying Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.<br/><br/><b>Risk of Investing in Japan.</b> The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan&#8217;s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund or the Underlying Fund. Japan&#8217;s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.<br/><br/><b>Risk of Investing in Russia. </b>Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the &#8220;EU&#8221;), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia&#8217;s economy and Russian issuers of securities in which the Fund invests.<br/><br/><b>Securities Lending Risk. </b>The Fund and the Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Security Risk.</b> Some countries and regions in which the Fund or the Underlying Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's or the Underlying Fund's investments.<br/><br/><b>Structural Risk.</b> The countries in which the Fund or the Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tax Risk.</b> Because the Fund invests in the Underlying Fund, the Fund&#8217;s realized losses on sales of shares of the Underlying Fund may be indefinitely or permanently deferred as &#8220;wash sales.&#8221; Distributions of short-term capital gains by the Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund&#8217;s capital loss carryforwards, if any. Capital loss carryforwards of the Underlying Fund, if any, would not offset net capital gains of the Fund. Each of these effects is caused by the Fund&#8217;s investment in the Underlying Fund and may result in distributions to Fund shareholders being of higher magnitude and less likely to qualify for lower capital gain tax rates than if the Fund were to invest directly in the securities and other instruments comprising the Underlying Index. The Fund invests in derivatives. The federal income tax treatment of a derivative may not be as favorable as a direct investment in an underlying asset. Derivatives may produce taxable income and taxable realized gain. Derivatives may adversely affect the timing, character and amount of income the Fund realizes from its investments. As a result, a larger portion of the Fund&#8217;s distributions may be treated as ordinary income rather than as capital gains. In addition, certain derivatives are subject to mark-to-market or straddle provisions of the Internal Revenue Code of 1986, as amended (the &#8220;Internal Revenue Code&#8221;). If such provisions are applicable, there could be an increase (or decrease) in the amount of taxable dividends paid by the Fund. Income from swaps is generally taxable. In addition, the tax treatment of certain derivatives, such as swaps, is unsettled and may be subject to future legislation, regulation or administrative pronouncements issued by the U.S. Internal Revenue Service (&#8220;IRS&#8221;).<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities (including shares of the Underlying Fund) and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund&#8217;s valuation of a security at the time of calculation of the Fund&#8217;s NAV), transaction and hedging costs incurred and forward rates achieved by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or other distributions, interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index and the cost to the Fund of complying with various new or existing regulatory requirements. These risks may be heightened during times of increased market volatility or other unusual market conditions in the affected securities and/or foreign exchange markets. In addition, tracking error may result because the Fund incurs fees and expenses, while the Underlying Index does not, and because the Fund accepts creations and redemptions during time periods between which it is able to adjust its currency hedges, whereas the Underlying Index does not adjust its hedging during these periods. To the extent that the Fund seeks its investment objective through investments in the Underlying Fund, the Fund may experience increased tracking error as compared to investing directly in the component securities of the Underlying Index. The potential for increased tracking error may result from investments in the Underlying Fund due to, among other things, differences in the composition of the investment portfolio of the Underlying Fund as compared to the index tracked by the Underlying Fund and differences in the timing of the Fund&#8217;s valuation of: (i) the Underlying Fund and the currency forward contracts (each valued as of the close of the New York Stock Exchange (&#8220;NYSE&#8221;), typically 4:00 p.m., Eastern Time), (ii) the valuation of the securities in the Underlying Index (generally valued as of each security&#8217;s local market close) and (iii) the currency forward contracts included in the Underlying Index (generally valued at 4:00 p.m., London time).<br/><br/><b>Valuation Risk.</b> The price the Fund and the Underlying Fund could receive upon the sale of a security or unwind of a financial instrument or other asset may differ from the Fund's or the Underlying Fund's valuation of the security, instrument or other asset and from the value used by the Underlying Index, particularly for securities or other instruments that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other instruments in the Fund's or the Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or the Underlying Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund or the Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or the Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s or the Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 5.85% in the 3rd quarter of 2016; the worst was -10.22% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). November 30, 2020 You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0038 0 0 0.0032 0.007 -0.0035 0.0035 36 188 355 837 0.0732 0.1867 -0.0918 -0.0918 0.0251 2015-06-29 -0.0956 0.0176 -0.0491 0.0193 -0.0926 0.0252 0.07 The Fund&#8217;s year-to-date return 2019-09-30 0.1552 0.0585 2016-09-30 worst -0.1022 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000123 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000126 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000124 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000127 column period compact * ~</div> iSHARES&#174; CURRENCY HEDGED MSCI EAFE ETF Ticker: HEFA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: Cboe BZX Investment Objective The iShares Currency Hedged MSCI EAFE ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of large- and mid-capitalization equities in Europe, Australasia, and the Far East while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur &#8220;Acquired Fund Fees and Expenses.&#8221; Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees so that the Fund&#8217;s total annual fund operating expenses after fee waiver is equal to the Acquired Fund Fees and Expenses attributable to the Fund&#8217;s investment in the iShares MSCI EAFE ETF (&#8220;EFA&#8221; or the &#8220;Underlying Fund&#8221;) after taking into account any fee waivers by EFA, plus 0.03% through November 30, 2020. The contractual waiver may be terminated prior to November 30, 2020 only upon written agreement of the Trust and BFA.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund and the Underlying Fund in which the Fund principally invests, the iShares MSCI EAFE ETF, may pay transaction costs, such as commissions, when they buy and sell securities (or &#8220;turn over&#8221; their portfolios). A higher portfolio turnover rate for the Fund or the Underlying Fund may indicate higher transaction costs and may cause the Fund or the Underlying Fund to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to the Underlying Fund included as part of Acquired Fund Fees and Expenses), affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 7% of the average value of its portfolio. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI EAFE<sup>&#174;</sup> 100% Hedged to USD Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;) as an equity benchmark for international stock performance, which attempts to mitigate exposure to the currency risk inherent in certain securities included in the Underlying Index by hedging to the U.S. dollar. The Underlying Index includes stocks from Europe, Australasia and the Far East and, as of July 31, 2019, consisted of securities from the following 21 developed market countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;). The Underlying Index may include large- or mid- capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>The Fund seeks to achieve its investment objective by investing a substantial portion of its assets in the Underlying Fund.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund and the Underlying Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities or other instruments comprising an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and the Underlying Fund may or may not hold all of the securities and other components of the applicable underlying index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the Underlying Fund) and other instruments of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Components of the Underlying Index include equity securities and currency forward contracts (both deliverable and nondeliverable) designed to hedge non-U.S. currency fluctuations against the U.S. dollar. The notional exposure to currency forward contracts (both deliverable and nondeliverable) generally will be a short position that hedges the currency risk of the equity portfolio. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The index is 100% hedged to the U.S. dollar by selling each foreign non-U.S. dollar currency forward at the one-month Forward weight in order to create a &#8220;hedge&#8221; against fluctuations in the relative value of the non-U.S. dollar component currencies in relation to the U.S. dollar. A currency forward contract is an over-the-counter (&#8220;OTC&#8221;) contract between two parties to buy or sell a specified amount of a specific currency in the future at an agreed-upon exchange rate. The hedge is reset monthly by MSCI and is not adjusted intra-month based on movement in the value of the component equity securities and/or currencies. The Underlying Index may therefore be slightly &#8220;over-hedged&#8221; (if equity values decline) or &#8220;under-hedged&#8221; (if the equity values increase) between the month-end rebalances. The Underlying Index is designed to have higher returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are weakening relative to the U.S. dollar and appreciation in some of the non- U.S. dollar component currencies does not exceed the aggregate depreciation of the others. Conversely, the Underlying Index is designed to have lower returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are rising relative to the U.S. dollar.<br/><br/>In order to track the &#8220;hedging&#8221; component of the Underlying Index, the Fund intends to enter into currency forward contracts as described above. While this approach is designed to minimize the impact of currency fluctuations on Fund returns, it does not necessarily eliminate the Fund&#8217;s exposure to the non-U.S. dollar component currencies. The return of the currency forward contracts may not perfectly offset the actual fluctuations in value between the non-U.S. dollar component currencies and the U.S. dollar.<br/><br/>The Fund may also use non-deliverable forward (&#8220;NDF&#8221;) contracts to execute its hedging transactions. An NDF is a contract where there is no physical settlement of two currencies at maturity. Rather, based on the movement of the currencies and the contractually agreed-upon exchange rate, a net cash settlement will be made by one party to the other in U.S. dollars.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities and currency forwards in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total<b> </b>assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Fund), any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's or the Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's or the Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Hedging Risk.</b> When a derivative is used as a hedge against a position that the Fund or the Underlying Fund holds, any loss generated by the derivative generally should be substantially offset by gains on the hedged investment, and vice versa. While hedging can reduce or eliminate losses, it can also reduce or eliminate gains. Hedges are sometimes subject to imperfect matching between the derivative and its reference asset, and there can be no assurance that the Fund&#8217;s hedging transactions will be effective. <br/><br/>In seeking to track the &#8220;hedging&#8221; component of the Underlying Index, the Fund invests in currency forward contracts (which may include both physically-settled forward contracts and NDFs) designed to hedge the currency exposure of non-U.S. dollar denominated securities held in its portfolio (directly or indirectly through its investment in the Underlying Fund). NDFs may be less liquid than deliverable currency forward contracts and require the Fund to post variation margin to the counterparty, which can increase costs for the Fund. A lack of liquidity in NDFs of the hedged currency could result in the Fund being unable to structure its hedging transactions as intended. In addition, BFA may seek to limit the size of the Fund in order to attempt to reduce the likelihood of a situation where the Fund is unable to obtain sufficient liquidity in an underlying currency hedge to implement its investment objective.<br/><br/>Currency forward contracts, including NDFs, do not eliminate movements in the value of non-U.S. currencies and securities but rather allow the Fund to establish a fixed rate of exchange for a future point in time. Exchange rates may be volatile and may change quickly and unpredictably in response to both global economic developments and economic conditions in a geographic region in which the Fund or the Underlying Fund invests. In addition, in order to minimize transaction costs, or for other reasons, the Fund&#8217;s exposure to the non-U.S. dollar component currencies may not be fully hedged at all times. At certain times, the Fund may use an optimized hedging strategy and will hedge a smaller number of non-U.S. dollar component currencies to reduce hedging costs. In addition, because the Fund&#8217;s currency hedge is reset on a monthly basis, currency risk can develop or increase intra-month. Furthermore, while the Fund is designed to hedge against currency fluctuations, it is possible that a degree of currency exposure may remain even at the time a hedging transaction is implemented. As a result, the Fund may not be able to structure its hedging transactions as anticipated or its hedging transactions may not successfully reduce the currency risk included in the Fund&#8217;s portfolio. Because currency forwards are over-the-counter instruments, the Fund is subject to counterparty risk as well as market or liquidity risk with respect to the hedging transactions the Fund enters into. Currency hedging activity exposes the Fund to credit risk due to counterparty exposure. This risk will be higher to the extent that the Fund trades with a single counterparty or small number of counterparties.<br/><br/>The effectiveness of the Fund&#8217;s currency hedging strategy will in general be affected by the volatility of both the Underlying Index and the volatility of the U.S. dollar relative to the currencies to be hedged, measured on an aggregate basis. Increased volatility in either or both of the Underlying Index and the U.S. dollar relative to the currencies to be hedged will generally reduce the effectiveness of the Fund&#8217;s currency hedging strategy. In addition, volatility in one or more of the currencies may offset stability in another currency and reduce the overall effectiveness of the hedges. The effectiveness of the Fund&#8217;s currency hedging strategy may also in general be affected by interest rates. Significant differences between U.S. dollar interest rates and some or all of the applicable foreign currency interest rates may impact the effectiveness of the Fund&#8217;s currency hedging strategy.<br/><br/><b>Currency Risk.</b> Because the Fund's and the Underlying Fund's NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of one or more of the non-U.S. markets in which the Fund or the Underlying Fund invests depreciates against the U.S. dollar and the depreciation of one currency is not offset by appreciation in another currency and/or the Fund's attempt to hedge currency exposure to the depreciating currency or currencies is unsuccessful. Generally, an increase in the value of the U.S. dollar against the non-U.S. dollar component currencies will reduce the value of a security denominated in such currencies, as applicable. In addition, fluctuations in the exchange rates of currencies could affect the economy or particular business operations of companies in a geographic region, including securities in which the Fund or the Underlying Fund invests, causing an adverse impact on the Fund&#8217;s or the Underlying Fund&#8217;s investments in the affected region and the U.S. As a result, investors have the potential for losses regardless of the length of time they intend to hold Fund shares. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund or the Underlying Fund, the Fund's or the Underlying Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or the issuers of securities in which the Fund or the Underlying Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or issuers of securities in which the Fund or the Underlying Fund invests.<br/><br/><b>Derivatives Risk. </b>The Fund will use currency forwards and NDFs to hedge the currency exposure resulting from investments in the foreign currency-denominated securities held by the Fund or the Underlying Fund. The Fund&#8217;s or the Underlying Fund's use of these instruments, like investments in other derivatives, may reduce the Fund&#8217;s or the Underlying Fund's returns, increase volatility and/or result in losses due to credit risk or ineffective hedging strategies. Volatility is defined as the characteristic of a security, a currency, an index or a market, to fluctuate significantly in price within a defined time period. Currency forwards, like other derivatives, are also subject to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. A risk of the Fund&#8217;s or the Underlying Fund's use of derivatives is that the fluctuations in their values may not correlate perfectly with the value of the currency or currencies being hedged as compared to that of the U.S. dollar. The possible lack of a liquid secondary market for derivatives and the resulting inability of the Fund or the Underlying Fund to sell or otherwise close a derivatives position could expose the Fund or the Underlying Fund to losses and could make derivatives more difficult for the Fund or the Underlying Fund to value accurately. The Fund or the Underlying Fund could also suffer losses related to its derivatives positions as a result of unanticipated market movements, which losses are potentially unlimited. BFA&#8217;s use of derivatives is not intended to predict the direction of securities prices, currency exchange rates, interest rates and other economic factors, which could cause the Fund&#8217;s derivatives positions to lose value. Derivatives may give rise to a form of leverage and may expose the Fund or the Underlying Fund to greater risk and increase its costs. Regulatory requirements may make derivatives more costly, may limit the availability of derivatives, and may delay or restrict the exercise of remedies by the Fund upon a counterparty default under derivatives held by the Fund (which could result in losses), remedies or termination rights by the Fund, and may otherwise adversely affect the value and performance of derivatives.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund or the Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or the Underlying Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Investment in Underlying Fund Risk.</b> The Fund expects to invest a substantial portion of its assets in the Underlying Fund, so the Fund&#8217;s investment performance is likely to be directly related to the performance of the Underlying Fund. The Fund&#8217;s NAV will change with changes in the value of the Underlying Fund and other instruments in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Fund, including as a result of the currency hedging activity conducted by the Fund.<br/><br/>As the Fund&#8217;s allocation to the Underlying Fund changes from time to time, or to the extent that the total annual fund operating expenses of the Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities and other instruments to which the Fund and the Underlying Fund have exposure. Changes in the financial condition or credit rating of an issuer of those securities or counterparty on other instruments may cause the value of the securities or instruments to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund and the Underlying Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund and the Underlying Fund face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, losses due to ineffective currency hedges, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S AND THE UNDERLYING FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund or the Underlying Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s or the Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s or the Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s or the Underlying Fund's NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or the Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund and the Underlying Fund are specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and <b>Middle Eastern Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund and the Underlying Fund are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s or the Underlying Fund's service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund and the Underlying Fund are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund and the Underlying Fund invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund and the Underlying Fund are specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and<b> U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s or the Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s or the Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Japan.</b> The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan&#8217;s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund or the Underlying Fund. Japan&#8217;s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.<br/><br/><b>Risk of Investing in the U.K.</b> Investments in U.K. issuers may subject the Fund and the Underlying Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.&#8217;s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the European Union (the &#8220;EU&#8221;) (&#8220;Brexit&#8221;). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.<br/><br/><b>Securities Lending Risk. </b>The Fund and the Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund or the Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tax Risk.</b> Because the Fund invests in the Underlying Fund, the Fund&#8217;s realized losses on sales of shares of the Underlying Fund may be indefinitely or permanently deferred as &#8220;wash sales.&#8221; Distributions of short-term capital gains by the Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund&#8217;s capital loss carryforwards, if any. Capital loss carryforwards of the Underlying Fund, if any, would not offset net capital gains of the Fund. Each of these effects is caused by the Fund&#8217;s investment in the Underlying Fund and may result in distributions to Fund shareholders being of higher magnitude and less likely to qualify for lower capital gain tax rates than if the Fund were to invest directly in the securities and other instruments comprising the Underlying Index. The Fund invests in derivatives. The federal income tax treatment of a derivative may not be as favorable as a direct investment in an underlying asset. Derivatives may produce taxable income and taxable realized gain. Derivatives may adversely affect the timing, character and amount of income the Fund realizes from its investments. As a result, a larger portion of the Fund&#8217;s distributions may be treated as ordinary income rather than as capital gains. In addition, certain derivatives are subject to mark-to-market or straddle provisions of the Internal Revenue Code of 1986, as amended (the &#8220;Internal Revenue Code&#8221;). If such provisions are applicable, there could be an increase (or decrease) in the amount of taxable dividends paid by the Fund. Income from swaps is generally taxable. In addition, the tax treatment of certain derivatives, such as swaps, is unsettled and may be subject to future legislation, regulation or administrative pronouncements issued by the U.S. Internal Revenue Service (&#8220;IRS&#8221;).<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities (including shares of the Underlying Fund) and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund&#8217;s valuation of a security at the time of calculation of the Fund&#8217;s NAV), transaction and hedging costs incurred and forward rates achieved by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or other distributions, interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index and the cost to the Fund of complying with various new or existing regulatory requirements. These risks may be heightened during times of increased market volatility or other unusual market conditions in the affected securities and/or foreign exchange markets. In addition, tracking error may result because the Fund incurs fees and expenses, while the Underlying Index does not, and because the Fund accepts creations and redemptions during time periods between which it is able to adjust its currency hedges, whereas the Underlying Index does not adjust its hedging during these periods. To the extent that the Fund seeks its investment objective through investments in the Underlying Fund, the Fund may experience increased tracking error as compared to investing directly in the component securities of the Underlying Index. The potential for increased tracking error may result from investments in the Underlying Fund due to, among other things, differences in the composition of the investment portfolio of the Underlying Fund as compared to the index tracked by the Underlying Fund and differences in the timing of the Fund&#8217;s valuation of: (i) the Underlying Fund and the currency forward contracts (each valued as of the close of the New York Stock Exchange (&#8220;NYSE&#8221;), typically 4:00 p.m., Eastern Time), (ii) the valuation of the securities in the Underlying Index (generally valued as of each security&#8217;s local market close) and (iii) the currency forward contracts included in the Underlying Index (generally valued at 4:00 p.m., London time).<br/><br/><b>Valuation Risk.</b> The price the Fund and the Underlying Fund could receive upon the sale of a security or unwind of a financial instrument or other asset may differ from the Fund's or the Underlying Fund's valuation of the security, instrument or other asset and from the value used by the Underlying Index, particularly for securities or other instruments that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other instruments in the Fund's or the Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or the Underlying Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund or the Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or the Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s or the Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 11.04% in the 1st quarter of 2015; the worst was -11.80% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). November 30, 2020 You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0038 0 0 0.0032 0.007 -0.0035 0.0035 36 188 355 837 0.0444 0.0657 0.1669 -0.0924 -0.0924 0.0528 2014-01-31 -0.1011 0.0451 -0.0471 0.0417 -0.0896 0.0543 0.07 The Fund&#8217;s year-to-date return 2019-09-30 0.1845 0.1104 2015-03-31 worst -0.118 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000133 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000136 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000134 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000137 column period compact * ~</div> iSHARES&#174; CURRENCY HEDGED MSCI EAFE SMALL-CAP ETF Ticker: HSCZ&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Currency Hedged MSCI EAFE Small-Cap ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of small capitalization developed market equities, excluding the U.S. and Canada, while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur &#8220;Acquired Fund Fees and Expenses.&#8221; Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees so that the Fund&#8217;s total annual fund operating expenses after fee waiver is equal to the Acquired Fund Fees and Expenses attributable to the Fund&#8217;s investment in the iShares MSCI EAFE Small-Cap ETF (&#8220;SCZ&#8221; or the &#8220;Underlying Fund&#8221;), after taking into account any fee waivers by SCZ, plus 0.03% through November 30, 2020. The contractual waiver may be terminated prior to November 30, 2020 only upon written agreement of the Trust and BFA.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund and the Underlying Fund in which the Fund principally invests, the iShares MSCI EAFE Small-Cap ETF, may pay transaction costs, such as commissions, when they buy and sell securities (or &#8220;turn over&#8221; their portfolios). A higher portfolio turnover rate for the Fund or the Underlying Fund may indicate higher transaction costs and may cause the Fund or the Underlying Fund to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to the Underlying Fund included as part of Acquired Fund Fees and Expenses), affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 10% of the average value of its portfolio. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI EAFE Small Cap 100% Hedged to USD Index (the &#8220;Underlying Index&#8221;), an equity benchmark which represents the performance of international small-cap stocks, which attempts to mitigate exposure to the currency risk inherent in certain securities included in the Underlying Index by hedging to the U.S. dollar. As of July 31, 2019, the Underlying Index consisted of securities from the following 21 developed market countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;). Under MSCI&#8217;s Global Investable Market Index Methodology, the small-cap universe consists of securities of those companies not included in the large-cap or mid-cap segments of a particular market, which together comprise approximately 85% of each market&#8217;s free float-adjusted market capitalization. The small-cap segment covers the 85%-99% range of each market&#8217;s free float-adjusted market capitalization. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the industrials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>The Fund seeks to achieve its investment objective by investing a substantial portion of its assets in the Underlying Fund.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund and the Underlying Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities or other instruments comprising an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and the Underlying Fund may or may not hold all of the securities and other components of the applicable underlying index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the Underlying Fund) and other instruments of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Components of the Underlying Index include equity securities and currency forward contracts (both deliverable and nondeliverable) designed to hedge non-U.S. currency fluctuations against the U.S. dollar. The notional exposure to currency forward contracts (both deliverable and nondeliverable) generally will be a short position that hedges the currency risk of the equity portfolio. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The index is 100% hedged to the U.S. dollar by selling each foreign non-U.S. dollar currency forward at the one-month Forward weight in order to create a &#8220;hedge&#8221; against fluctuations in the relative value of the non-U.S. dollar component currencies in relation to the U.S. dollar. A currency forward contract is an over-the-counter (&#8220;OTC&#8221;) contract between two parties to buy or sell a specified amount of a specific currency in the future at an agreed-upon exchange rate. The hedge is reset monthly by MSCI and is not adjusted intra-month based on movement in the value of the component equity securities and/or currencies. The Underlying Index may therefore be slightly &#8220;over-hedged&#8221; (if equity values decline) or &#8220;under-hedged&#8221; (if the equity values increase) between the month-end rebalances. The Underlying Index is designed to have higher returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are weakening relative to the U.S. dollar and appreciation in some of the non- U.S. dollar component currencies does not exceed the aggregate depreciation of the others. Conversely, the Underlying Index is designed to have lower returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are rising relative to the U.S. dollar.<br/><br/>In order to track the &#8220;hedging&#8221; component of the Underlying Index, the Fund intends to enter into currency forward contracts as described above. While this approach is designed to minimize the impact of currency fluctuations on Fund returns, it does not necessarily eliminate the Fund&#8217;s exposure to the non-U.S. dollar component currencies. The return of the currency forward contracts may not perfectly offset the actual fluctuations in value between the non-U.S. dollar component currencies and the U.S. dollar.<br/><br/>The Fund may also use non-deliverable forward (&#8220;NDF&#8221;) contracts to execute its hedging transactions. An NDF is a contract where there is no physical settlement of two currencies at maturity. Rather, based on the movement of the currencies and the contractually agreed-upon exchange rate, a net cash settlement will be made by one party to the other in U.S. dollars.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities and currency forwards in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Fund), any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's or the Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Assets Under Management (AUM) Risk.</b> From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this Prospectus), a third-party investor, the Fund&#8217;s adviser or an affiliate of the Fund&#8217;s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There<b> </b>can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's or the Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Hedging Risk.</b> When a derivative is used as a hedge against a position that the Fund or the Underlying Fund holds, any loss generated by the derivative generally should be substantially offset by gains on the hedged investment, and vice versa. While hedging can reduce or eliminate losses, it can also reduce or eliminate gains. Hedges are sometimes subject to imperfect matching between the derivative and its reference asset, and there can be no assurance that the Fund&#8217;s hedging transactions will be effective.<br/><br/>In seeking to track the &#8220;hedging&#8221; component of the Underlying Index, the Fund invests in currency forward contracts (which may include both physically-settled forward contracts and NDFs) designed to hedge the currency exposure of non-U.S. dollar denominated securities held in its portfolio (directly or indirectly through its investment in the Underlying Fund). NDFs may be less liquid than deliverable currency forward contracts and require the Fund to post variation margin to the counterparty, which can increase costs for the Fund. A lack of liquidity in NDFs of the hedged currency could result in the Fund being unable to structure its hedging transactions as intended. In addition, BFA may seek to limit the size of the Fund in order to attempt to reduce the likelihood of a situation where the Fund is unable to obtain sufficient liquidity in an underlying currency hedge to implement its investment objective.<br/><br/>Currency forward contracts, including NDFs, do not eliminate movements in the value of non-U.S. currencies and securities but rather allow the Fund to establish a fixed rate of exchange for a future point in time. Exchange rates may be volatile and may change quickly and unpredictably in response to both global economic developments and economic conditions in a geographic region in which the Fund or the Underlying Fund invests. In addition, in order to minimize transaction costs, or for other reasons, the Fund&#8217;s exposure to the non-U.S. dollar component currencies may not be fully hedged at all times. At certain times, the Fund may use an optimized hedging strategy and will hedge a smaller number of non-U.S. dollar component currencies to reduce hedging costs. In addition, because the Fund&#8217;s currency hedge is reset on a monthly basis, currency risk can develop or increase intra-month. Furthermore, while the Fund is designed to hedge against currency fluctuations, it is possible that a degree of currency exposure may remain even at the time a hedging transaction is implemented. As a result, the Fund may not be able to structure its hedging transactions as anticipated or its hedging transactions may not successfully reduce the currency risk included in the Fund&#8217;s portfolio. Because currency forwards are over-the-counter instruments, the Fund is subject to counterparty risk as well as market or liquidity risk with respect to the hedging transactions the Fund enters into. Currency hedging activity exposes the Fund to credit risk due to counterparty exposure. This risk will be higher to the extent that the Fund trades with a single counterparty or small number of counterparties.<br/><br/>The effectiveness of the Fund&#8217;s currency hedging strategy will in general be affected by the volatility of both the Underlying Index and the volatility of the U.S. dollar relative to the currencies to be hedged, measured on an aggregate basis. Increased volatility in either or both of the Underlying Index and the U.S. dollar relative to the currencies to be hedged will generally reduce the effectiveness of the Fund&#8217;s currency hedging strategy. In addition, volatility in one or more of the currencies may offset stability in another currency and reduce the overall effectiveness of the hedges. The effectiveness of the Fund&#8217;s currency hedging strategy may also in general be affected by interest rates. Significant differences between U.S. dollar interest rates and some or all of the applicable foreign currency interest rates may impact the effectiveness of the Fund&#8217;s currency hedging strategy.<br/><br/><b>Currency Risk.</b> Because the Fund's and the Underlying Fund's NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of one or more of the non-U.S. markets in which the Fund or the Underlying Fund invests depreciates against the U.S. dollar and the depreciation of one currency is not offset by appreciation in another currency and/or the Fund's attempt to hedge currency exposure to the depreciating currency or currencies is unsuccessful. Generally, an increase in the value of the U.S. dollar against the non-U.S. dollar component currencies will reduce the value of a security denominated in such currencies, as applicable. In addition, fluctuations in the exchange rates of currencies could affect the economy or particular business operations of companies in a geographic region, including securities in which the Fund or the Underlying Fund invests, causing an adverse impact on the Fund&#8217;s or the Underlying Fund&#8217;s investments in the affected region and the U.S. As a result, investors have the potential for losses regardless of the length of time they intend to hold Fund shares. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund or the Underlying Fund, the Fund's or the Underlying Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or the issuers of securities in which the Fund or the Underlying Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or issuers of securities in which the Fund or the Underlying Fund invests.<br/><br/><b>Derivatives Risk. </b>The Fund will use currency forwards and NDFs to hedge the currency exposure resulting from investments in the foreign currency-denominated securities held by the Fund or the Underlying Fund. The Fund&#8217;s or the Underlying Fund's use of these instruments, like investments in other derivatives, may reduce the Fund&#8217;s or the Underlying Fund's returns, increase volatility and/or result in losses due to credit risk or ineffective hedging strategies. Volatility is defined as the characteristic of a security, a currency, an index or a market, to fluctuate significantly in price within a defined time period. Currency forwards, like other derivatives, are also subject to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. A risk of the Fund&#8217;s or the Underlying Fund's use of derivatives is that the fluctuations in their values may not correlate perfectly with the value of the currency or currencies being hedged as compared to that of the U.S. dollar. The possible lack of a liquid secondary market for derivatives and the resulting inability of the Fund or the Underlying Fund to sell or otherwise close a derivatives position could expose the Fund or the Underlying Fund to losses and could make derivatives more difficult for the Fund or the Underlying Fund to value accurately. The Fund or the Underlying Fund could also suffer losses related to its derivatives positions as a result of unanticipated market movements, which losses are potentially unlimited. BFA&#8217;s use of derivatives is not intended to predict the direction of securities prices, currency exchange rates, interest rates and other economic factors, which could cause the Fund&#8217;s derivatives positions to lose value. Derivatives may give rise to a form of leverage and may expose the Fund or the Underlying Fund to greater risk and increase its costs. Regulatory requirements may make derivatives more costly, may limit the availability of derivatives, and may delay or restrict the exercise of remedies by the Fund upon a counterparty default under derivatives held by the Fund (which could result in losses), remedies or termination rights by the Fund, and may otherwise adversely affect the value and performance of derivatives.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund or the Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or the Underlying Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Industrials Sector Risk.</b> Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.<br/><br/><b>Investment in Underlying Fund Risk.</b> The Fund expects to invest a substantial portion of its assets in the Underlying Fund, so the Fund&#8217;s investment performance is likely to be directly related to the performance of the Underlying Fund. The Fund&#8217;s NAV will change with changes in the value of the Underlying Fund and other instruments in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Fund, including as a result of the currency hedging activity conducted by the Fund.<br/><br/>As the Fund&#8217;s allocation to the Underlying Fund changes from time to time, or to the extent that the total annual fund operating expenses of the Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities and other instruments to which the Fund and the Underlying Fund have exposure. Changes in the financial condition or credit rating of an issuer of those securities or counterparty on other instruments may cause the value of the securities or instruments to decline.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund and the Underlying Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund and the Underlying Fund face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, losses due to ineffective currency hedges, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S AND THE UNDERLYING FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund or the Underlying Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s or the Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s or the Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s or the Underlying Fund's NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or the Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund and the Underlying Fund are specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and<b> Middle Eastern Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund and the Underlying Fund are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s or the Underlying Fund's service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund and the Underlying Fund are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund and the Underlying Fund invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund and the Underlying Fund are specifically exposed to <b>Asian Economic Risk, European Economic Risk</b> and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s or the Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s or the Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Japan.</b> The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan&#8217;s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund or the Underlying Fund. Japan&#8217;s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.<br/><br/><b>Risk of Investing in the U.K.</b> Investments in U.K. issuers may subject the Fund and the Underlying Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.&#8217;s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the European Union (the &#8220;EU&#8221;) (&#8220;Brexit&#8221;). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.<br/><br/><b>Securities Lending Risk. </b>The Fund and the Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Small-Capitalization Companies Risk.</b> Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.<br/><br/><b>Small Fund Risk. </b>When the Fund&#8217;s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.<br/><br/><b>Structural Risk.</b> The countries in which the Fund or the Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tax Risk.</b> Because the Fund invests in the Underlying Fund, the Fund&#8217;s realized losses on sales of shares of the Underlying Fund may be indefinitely or permanently deferred as &#8220;wash sales.&#8221; Distributions of short-term capital gains by the Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund&#8217;s capital loss carryforwards, if any. Capital loss carryforwards of the Underlying Fund, if any, would not offset net capital gains of the Fund. Each of these effects is caused by the Fund&#8217;s investment in the Underlying Fund and may result in distributions to Fund shareholders being of higher magnitude and less likely to qualify for lower capital gain tax rates than if the Fund were to invest directly in the securities and other instruments comprising the Underlying Index. The Fund invests in derivatives. The federal income tax treatment of a derivative may not be as favorable as a direct investment in an underlying asset. Derivatives may produce taxable income and taxable realized gain. Derivatives may adversely affect the timing, character and amount of income the Fund realizes from its investments. As a result, a larger portion of the Fund&#8217;s distributions may be treated as ordinary income rather than as capital gains. In addition, certain derivatives are subject to mark-to-market or straddle provisions of the Internal Revenue Code of 1986, as amended (the &#8220;Internal Revenue Code&#8221;). If such provisions are applicable, there could be an increase (or decrease) in the amount of taxable dividends paid by the Fund. Income from swaps is generally taxable. In addition, the tax treatment of certain derivatives, such as swaps, is unsettled and may be subject to future legislation, regulation or administrative pronouncements issued by the U.S. Internal Revenue Service (&#8220;IRS&#8221;).<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities (including shares of the Underlying Fund) and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund&#8217;s valuation of a security at the time of calculation of the Fund&#8217;s NAV), transaction and hedging costs incurred and forward rates achieved by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or other distributions, interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index and the cost to the Fund of complying with various new or existing regulatory requirements. These risks may be heightened during times of increased market volatility or other unusual market conditions in the affected securities and/or foreign exchange markets. In addition, tracking error may result because the Fund incurs fees and expenses, while the Underlying Index does not, and because the Fund accepts creations and redemptions during time periods between which it is able to adjust its currency hedges, whereas the Underlying Index does not adjust its hedging during these periods. To the extent that the Fund seeks its investment objective through investments in the Underlying Fund, the Fund may experience increased tracking error as compared to investing directly in the component securities of the Underlying Index. The potential for increased tracking error may result from investments in the Underlying Fund due to, among other things, differences in the composition of the investment portfolio of the Underlying Fund as compared to the index tracked by the Underlying Fund and differences in the timing of the Fund&#8217;s valuation of: (i) the Underlying Fund and the currency forward contracts (each valued as of the close of the New York Stock Exchange (&#8220;NYSE&#8221;), typically 4:00 p.m., Eastern Time), (ii) the valuation of the securities in the Underlying Index (generally valued as of each security&#8217;s local market close) and (iii) the currency forward contracts included in the Underlying Index (generally valued at 4:00 p.m., London time).<br/><br/><b>Valuation Risk.</b> The price the Fund and the Underlying Fund could receive upon the sale of a security or unwind of a financial instrument or other asset may differ from the Fund's or the Underlying Fund's valuation of the security, instrument or other asset and from the value used by the Underlying Index, particularly for securities or other instruments that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other instruments in the Fund's or the Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or the Underlying Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund or the Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or the Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s or the Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 8.17% in the 3rd quarter of 2016; the worst was -15.23% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). November 30, 2020 You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0043 0 0 0.004 0.0083 -0.004 0.0043 44 224 421 988 0.0751 0.2433 -0.1355 -0.1355 0.0477 2015-06-29 -0.149 0.0374 -0.0734 0.0354 -0.1355 0.048 0.1 The Fund&#8217;s year-to-date return 2019-09-30 0.1716 best 0.0817 2016-09-30 worst -0.1523 2018-12-31 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000143 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000146 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000144 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000147 column period compact * ~</div> iSHARES&#174; CYBERSECURITY AND TECH ETF Ticker: IHAK&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Cybersecurity and Tech ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of developed and emerging market companies that are involved in cyber security and technology, including cyber security hardware, software, products, and services. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. From inception, June 11, 2019, to the most recent fiscal year end, the Fund's portfolio turnover rate was 8% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the NYSE<sup>&#174;</sup> FactSet<sup>&#174;</sup> Global Cyber Security Index<sup>TM</sup> (the &#8220;Underlying Index&#8221;), which measures the performance of equity securities issued by companies involved in cyber security and technology, including cyber security hardware, software, products, and services (as determined by ICE Data Indices, LLC (the &#8220;Index Provider&#8221; or &#8220;IDI&#8221;)). The Underlying Index is composed of equity securities of companies primarily listed in one of 43 developed or emerging market countries that are the most involved in, or exposed to, (as determined by the Index Provider) a cyber hardware or cyber software and services FactSet<sup>&#174;</sup> Revere Business Industry Classification systems (&#8220;RBICS&#8221;) sub-industry. As of July 31, 2019, there are 39 companies included in the Underlying Index. 9 of these companies are located in foreign countries, 7 of which are located in non-U.S. developed markets and 2 of which are located in emerging markets.<br/><br/>The Index Provider first conducts fundamental research to establish a universe of RBICS sectors that participate in providing cyber hardware or cyber software and services, and that universe is further refined to include only the most relevant RBICS sub-sectors (as determined by the Index Provider) related to cyber hardware or cyber software activities (e.g., customer premises network security equipment producers, network security software providers, and aerospace and defense IT service providers). In constructing the Underlying Index, the Index Provider maps a universe of the most liquid and publicly-traded companies based on their primary lines of business. The Index Provider uses revenues as the key factor in determining a company&#8217;s primary line of business, by mapping a company to the sub-industry from which it derives 50% or more of its revenues. The companies within these sub-sectors are then ranked based on the data and information in their public filings and disclosures (e.g., regulatory filings, earning transcripts, etc.) to arrive at a group of the most relevant RBICS sub-industries (as determined by RBICS) related to cyber hardware or cyber software activities, and the Underlying Index includes the companies that derive 50% or more of their revenue from a RBICS sub-industry with exposure to the cyber hardware or cyber software and services theme, as determined by the Index Provider.<br/><br/>The Index Provider&#8217;s methodology does not require that at least one company from each of the sub-industries be included in the Underlying Index. In addition, companies included in the Underlying Index may also operate business lines that generate revenue in other industries. To be included in the Underlying Index, companies must also have a float-adjusted market capitalization of $300 million or greater, but existing constituents could remain in the Underlying Index if the company's float-adjusted market capitalization is equal to or greater than $225 million. In addition, companies must have a three month average daily trading value (&#8220;ADTV&#8221;) of $2 million or greater, but existing constituents could remain in the Underlying Index if the company&#8217;s three-month ADTV is equal to or greater than $1.5 million.<br/><br/>The Underlying Index is reconstituted annually, rebalanced semi-annually and weighted by float-adjusted market capitalization with individual constituents capped at 4% of the index. The Underlying Index may include large-, mid- or small-capitalization companies.<br/><br/>As of July 31, 2019 a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by IDI or its affiliates which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Assets Under Management (AUM) Risk.</b> From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)), a third-party investor, the Fund&#8217;s adviser or an affiliate of the Fund&#8217;s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There<b> </b>can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Risk of Breach.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Risk of Investing in Cyber Security Companies.</b> Cyber security companies are companies that provide products and services intended to protect the integrity of data and network operations for private and public networks, computers and mobile devices. Like other types of technology and industrials companies, cybersecurity companies are generally subject to the risks of rapidly changing technologies, short product life cycles, fierce competition, aggressive pricing and reduced profit margins, loss of patent, copyright and trademark protections, cyclical market patterns, evolving industry standards and frequent new product introductions. These companies may also be smaller and less experienced companies, with limited product lines, markets, qualified personnel or financial resources. Such companies may not be exclusively or substantially exposed to companies that provide products or services intended to protect the integrity of data and network operations, but may be exposed to the market and business risks of other companies, industries or sectors, and the Fund may be adversely affected by negative developments impacting those other companies, industries and sectors.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Small Fund Risk. </b>When the Fund&#8217;s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.<br/><br/><b>Technology Sector Risk.</b> Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.<br/><br/><b>Thematic Investing Risk.</b> The Fund relies on the Index Provider for the identification of securities for inclusion in the Underlying Index that reflect themes and sub-themes and its performance may suffer if such securities are not correctly identified or if a theme or sub-theme develops in an unexpected manner. Performance may also suffer if the stocks included in the Underlying Index do not benefit from the development of such themes or sub-themes. Performance may also be impacted by the inclusion of non-theme-relevant exposures in the Underlying Index. There is no guarantee that the Underlying Index will reflect the theme and sub-theme exposures intended.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. <b>BFA EXPECTS THAT THE FUND MAY EXPERIENCE HIGHER TRACKING ERROR THAN IS TYPICAL FOR SIMILAR INDEX EXCHANGE-TRADED FUNDS (&#8220;ETFs&#8221;).</b><br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information. You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information. 0.0047 0 0 0.0047 48 151 0.08 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000153 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000154 column period compact * ~</div> iSHARES&#174; EDGE MSCI INTL MOMENTUM FACTOR ETF Ticker: IMTM&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Edge MSCI Intl Momentum Factor ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index that measures the performance of international developed large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 105% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI World ex USA Momentum Index (the &#8220;Underlying Index&#8221;), which consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI World ex USA Index (the &#8220;Parent Index&#8221;), as determined by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;). The Parent Index includes equity securities in the top 85% of equity market capitalization in developed market countries, as defined by the Index Provider, excluding the U.S. The Underlying Index is designed to reflect the performance of an equity momentum strategy that emphasizes stocks with high price momentum, while maintaining reasonably high trading liquidity, investment capacity and moderate index turnover. A risk-adjusted price momentum, defined by MSCI as the excess return over the risk-free rate divided by the annualized standard deviation of weekly returns over the past three years, is calculated for each security in the Parent Index over 6- and 12-month time periods. The 6- and 12-month risk-adjusted price momentum calculations are then standardized at +/- 3 standard deviations and translated into an average momentum score. The weight of each Underlying Index constituent is determined by multiplying the security&#8217;s momentum score by its market capitalization-weight in the Parent Index. Additionally, each individual issuer is capped at 5%. MSCI uses an algorithm to determine the number of components in the Underlying Index based on the number of constituents in the Parent Index. The number of components is evaluated semi-annually.<br/><br/>As of July 31, 2019, the Underlying Index consisted of securities from 299 companies in the following 22 countries or regions: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;). The Underlying Index includes large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the consumer staples industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Consumer Staples Sector Risk.</b> The consumer staples sector may be affected by, among other things, marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>High Portfolio Turnover Risk.</b> High portfolio turnover (considered by the Fund to mean higher than 100% annually) may result in increased transaction costs to the Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>Momentum Securities Risk.</b> Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>European Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>European Economic Risk </b>and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 7.46% in the 3rd quarter of 2017; the worst was -15.16% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.003 0 0 0.003 31 97 169 381 0.006 0.255 -0.1397 -0.1397 0.0223 2015-01-13 -0.1425 0.0185 -0.0775 0.0185 -0.1374 0.0255 1.05 The Fund&#8217;s year-to-date return 2019-09-30 0.1599 best 0.0746 2017-09-30 worst -0.1516 2018-12-31 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000163 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000166 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000164 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000167 column period compact * ~</div> iSHARES&#174; EDGE MSCI INTL QUALITY FACTOR ETF Ticker: IQLT&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Edge MSCI Intl Quality Factor ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index that measures the performance of international developed large- and mid-capitalization stocks exhibiting relatively higher quality characteristics as identified through three fundamental variables: return on equity, earnings variability and debt-to-equity. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 29% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI World ex USA Sector Neutral Quality Index (the &#8220;Underlying Index&#8221;), which is based on a traditional market capitalization-weighted parent index, the MSCI World ex USA Index (the &#8220;Parent Index&#8221;). The Parent Index includes equity securities in the top 85% of equity market capitalization in developed market countries, as defined by the Index Provider, excluding the U.S. The Underlying Index seeks to measure the performance of securities in the Parent Index that exhibit higher quality characteristics relative to their peers within the corresponding Global Industry Classification Standard (GICS<sup>&#174;</sup>) sector. To construct the Underlying Index, MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;) determines the &#8220;quality score&#8221; of each security in the Parent Index based on three fundamental variables: high return on equity, stable year-over-year earnings growth and low financial leverage. The Underlying Index is weighted based on a component's quality score multiplied by its weight in the Parent Index. Weights in the Underlying Index are next normalized so that sectors in the Underlying Index represent the same weight as in the Parent Index. Additionally, each individual issuer capped at 5%. The Underlying Index is rebalanced semi-annually.<br/><br/>As of July 31, 2019, the Underlying Index consisted of securities from 300 companies in the following 22 countries or regions: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;). The Underlying Index includes large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk </b>and <b>European Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Quality Stocks Risk.</b> Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock&#8217;s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk</b>, <b>European Economic Risk </b>and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in the U.K.</b> Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.&#8217;s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the European Union (the &#8220;EU&#8221;) (&#8220;Brexit&#8221;). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 7.01% in the 1st quarter of 2017; the worst was -11.88% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.003 0 0 0.003 31 97 169 381 0.006 0.2409 -0.1087 -0.1087 0.028 2015-01-13 -0.1124 0.0232 -0.0585 0.0231 -0.1097 0.0303 0.29 The Fund&#8217;s year-to-date return 2019-09-30 0.1681 best 0.0701 2017-03-31 worst -0.1188 2018-12-31 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000173 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000176 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000174 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000177 column period compact * ~</div> iSHARES&#174; EDGE MSCI INTL SIZE FACTOR ETF Ticker: ISZE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Edge MSCI Intl Size Factor ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of international developed large- and mid-capitalization stocks with relatively smaller average market capitalization. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. <br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 26% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI World ex USA Low Size Index (the &#8220;Underlying Index&#8221;), which is based on a traditional market capitalization-weighted parent index, the MSCI World ex USA Index (the &#8220;Parent Index&#8221;). The Parent Index includes international large- and mid-capitalization stocks, as defined by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;). The Underlying Index is constructed by applying a mathematical formula at each rebalancing that reweights the components of its market capitalization-weighted Parent Index, such that the representation of smaller capitalization companies is increased relative to larger capitalization companies. In addition, at each rebalancing, the Index Provider calculates a &#8220;constraint factor&#8221; for each component. The constraint factor is the ratio of the component&#8217;s weight in the Underlying Index to that component&#8217;s weight in the Parent Index. The constraint factor is held constant between each rebalancing, except in the case of corporate events (as defined by the Index Provider). Changes in the relative weight of an individual component in the Parent Index due to market appreciation/depreciation result in that component increasing/decreasing in weight in the Underlying Index to hold the constraint factor for that component constant between each rebalancing. The Underlying Index is rebalanced semi-annually. As of July 31, 2019, there are 1,012 component securities in the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and industrials industries or sectors. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index), and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Assets Under Management (AUM) Risk.</b> From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)), a third-party investor, the Fund&#8217;s adviser or an affiliate of the Fund&#8217;s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There<b> </b>can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Industrials Sector Risk.</b> Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Low Size Risk.</b> The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (&#8220;low size companies&#8221;) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk </b>and <b>European Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk and U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Japan.</b> The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan&#8217;s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan&#8217;s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Small Fund Risk. </b>When the Fund&#8217;s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s<b> </b>portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 7.24% in the 1st quarter of 2017; the worst was -12.02% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. On December 3, 2018, the Fund&#8217;s Underlying Index changed from the MSCI World ex USA Risk Weighted Index to the MSCI World ex USA Low Size Index, consistent with the change in the Fund's principal investment strategies to track the investment results of the MSCI World ex USA Low Size Index. 0.003 0 0 0.003 31 97 169 381 0.0453 0.2401 -0.1284 -0.1284 0.0164 2015-06-16 -0.1326 0.0106 -0.0699 0.014 -0.1226 0.0194 0.26 The Fund&#8217;s year-to-date return 2019-09-30 0.1153 0.0724 2017-03-31 worst -0.1202 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000183 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000186 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000184 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000187 column period compact * ~</div> iSHARES&#174; EDGE MSCI INTL VALUE FACTOR ETF Ticker: IVLU&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Edge MSCI Intl Value Factor ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of international developed large- and mid-capitalization stocks with value characteristics and relatively lower valuations. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. <br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 20% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI World ex USA Enhanced Value Index (the &#8220;Underlying Index&#8221;), which is based on a traditional market capitalization-weighted parent index, the MSCI World ex USA Index (the &#8220;Parent Index&#8221;). The Parent Index includes equity securities in the top 85% of equity market capitalization in developed market countries, as defined by the Index Provider, excluding the U.S. The Underlying Index is designed to represent the performance of securities that exhibit higher value style characteristics relative to their peers within the corresponding Global Industry Classification Standard (GICS<sup>&#174;</sup>) sector. The value style characteristics for index construction are defined by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;) using three accounting variables based on publicly reported financial data: price-to-book value, price-to-forward earnings and enterprise value-to-cash flow from operations. The Index Provider calculates a &#8220;value score&#8221; based on these three variables. MSCI assigns weights by multiplying a component's value score by its market capitalization. Weights in the Underlying Index are next normalized so that sectors in the Underlying Index represent the same weight as in the Parent Index. MSCI uses an algorithm to determine the number of components in the Underlying Index based on the number of constituents in the Parent Index. The number of components is evaluated semi-annually.<br/><br/>As of July 31, 2019, the Underlying Index consisted of securities from 350 companies in the following 20 countries or regions: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, Norway, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;). The Underlying Index includes large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes. <br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer. <br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV. <br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk</b> and <b>European Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk</b>, <b>European Economic Risk </b>and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities. <br/><br/><b>Risk of Investing in Japan.</b> The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan&#8217;s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan&#8217;s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences&nbsp;&nbsp;(including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.<br/><br/><b>Value Securities Risk.</b> Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in creating an index that emphasizes undervalued securities. Value securities have generally performed better than non-value securities during periods of economic recovery (although there is no assurance that they will continue to do so). Value securities may go in and out of favor over time. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) Average Annual Total Returns (for the periods ended December 31, 2018) The best calendar quarter return during the periods shown above was 8.61% in the 3rd quarter of 2016; the worst was -12.64% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.003 0 0 0.003 31 97 169 381 0.0312 0.231 -0.1472 -0.1472 -0.0064 2015-06-16 -0.1508 -0.0112 -0.0813 -0.0035 -0.1471 -0.0062 0.2 The Fund&#8217;s year-to-date return 2019-09-30 0.0608 0.0861 2016-09-30 worst -0.1264 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000193 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000196 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000194 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000197 column period compact * ~</div> iSHARES&#174; EDGE MSCI MIN VOL EAFE ETF Ticker: EFAV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: Cboe BZX Investment Objective The iShares Edge MSCI Min Vol EAFE ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of developed market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed equity markets, excluding the U.S. and Canada. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fee in order to limit the Fund&#8217;s total annual fund operating expenses after fee waiver to 0.20% through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA. <br/><br/> You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 22% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI EAFE Minimum Volatility (USD) Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;) to measure the performance of international equity securities that in the aggregate have lower volatility relative to the MSCI EAFE Index (the &#8220;Parent Index&#8221;), which is a capitalization-weighted index. In constructing the Underlying Index, MSCI uses a rules-based methodology to select securities from the Parent Index and to determine the weightings of such securities in the Underlying Index. Under the rules-based methodology, securities and weightings of the Underlying Index are established based on pre-established parameters and discretionary factors are not relied on.<br/><br/>Generally, the rules-based methodology includes specified requirements for security eligibility, maximum and minimum weightings by security and, in some cases, by sector and country, established rules relating to handling of special dividends and other distributions and treatment of corporate events. In order to determine weightings by security within the Underlying Index, MSCI seeks to construct a portfolio of lowest absolute volatility, as measured by MSCI, using its multi-factor risk model. The portfolio is then further refined by an optimization tool that aims to determine the lowest absolute volatility based on the projected &#8220;riskiness&#8221; of securities in the Parent Index while applying constraints based on established minimum and maximum weightings of index constituents and sectors as well as factor constraints (for example, liquidity and financial leverage) as measured by MSCI.<br/><br/>The Underlying Index includes stocks from Europe, Australasia, the Middle East and the Far East and, as of July 31, 2019, consisted of securities from the following 19 developed market countries or regions: Australia, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;). The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the consumer staples and financials industries or sectors. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Consumer Staples Sector Risk.</b> The consumer staples sector may be affected by, among other things, marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and <b>Middle Eastern Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk</b>, <b>European Economic Risk</b> and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Japan.</b> The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan&#8217;s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan&#8217;s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.<br/><br/><b>Volatility Risk.</b> Although the Underlying Index was created by the Index Provider to seek lower volatility than the Parent Index and the Fund's name reflects the name of the Underlying Index as provided by the Index Provider, there is no guarantee that the Index Provider will be successful in creating an index that minimizes volatility, and there is a risk that the Fund may experience more than minimum volatility. Securities in the Fund's portfolio may be subject to price volatility, and the prices may not be any less volatile than the market as a whole, and could be more volatile. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 10.22% in the 1st quarter of 2013; the worst was -7.51% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) November 30, 2021 You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0032 0 0 0.0032 -0.0012 0.002 20 78 155 381 0.1151 0.1652 0.0461 0.0784 -0.0186 0.2157 -0.058 -0.058 0.0486 0.0715 2011-10-18 -0.0647 0.0412 0.0646 -0.0286 0.0376 0.0566 -0.0569 0.0493 0.0724 0.22 The Fund&#8217;s year-to-date return 2019-09-30 0.1191 0.1022 2013-03-31 worst -0.0751 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000203 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000206 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000204 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000207 column period compact * ~</div> iSHARES&#174; EDGE MSCI MIN VOL EUROPE ETF Ticker: EUMV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Edge MSCI Min Vol Europe ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of European developed market equities that, in the aggregate, have lower volatility characteristics relative to the broader European developed equity markets. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. <br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 23% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI Europe Minimum Volatility (USD) Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;) to measure the performance of European developed market equity securities that, in the aggregate, have lower volatility characteristics relative to the large- and mid-cap European developed equity market. In constructing the Underlying Index, MSCI uses a rules-based methodology to select securities from the MSCI Europe Index (the &#8220;Parent Index&#8221;), which is a capitalization-weighted index, and to determine the weightings of such securities in the Underlying Index. Under the rules-based methodology, securities and weightings of the Underlying Index are established based on pre-established parameters and discretionary factors are not relied on.<br/><br/>Generally, the rules-based methodology includes specified requirements for security eligibility, maximum and minimum weightings by security and, in some cases, by sector and country, established rules relating to handling of special dividends and other distributions and treatment of corporate events. In order to determine weightings by security within the Underlying Index, MSCI seeks to construct a portfolio of lowest absolute volatility, as measured by MSCI, using its multi-factor risk model. The portfolio is then further refined by an optimization tool that aims to determine the lowest absolute volatility based on the projected &#8220;riskiness&#8221; of securities in the Parent Index while applying constraints based on established minimum and maximum weightings of index constituents and sectors as well as factor constraints (for example, liquidity and financial leverage) as measured by MSCI.<br/><br/>As of July 31, 2019, the Underlying Index consisted of securities from the following 14 developed market countries or regions: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Spain, Sweden, Switzerland, and the United Kingdom (the &#8220;U.K.&#8221;). The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the consumer staples and financials industries or sectors. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Consumer Staples Sector Risk.</b> The consumer staples sector may be affected by, among other things, marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business<b> </b>operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>European Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Europe.</b> The Fund is more exposed to the economic and political risks of Europe and of the European countries in which it invests than funds whose investments are more geographically diversified. Adverse economic and political events in Europe may cause the Fund&#8217;s investments to decline in value. The economies and markets of European countries are often closely connected and interdependent, and events in one country in Europe can have an adverse impact on other European countries. The Fund makes investments in securities of issuers that are domiciled in, or have significant operations in, member states of the European Union (the &#8220;EU&#8221;) that are subject to economic and monetary controls that can adversely affect the Fund&#8217;s investments. The European financial markets have experienced volatility and adverse trends in recent years and these events have adversely affected the exchange rate of the euro and may continue to significantly affect other European countries.<br/><br/><b>Risk of Investing in Switzerland.</b> Investments in Swiss issuers may subject the Fund to legal, regulatory, political, currency, security, and economic risks specific to Switzerland. International trade is a large component of the Swiss economy and Switzerland depends upon exports to generate economic growth. The Swiss economy relies on certain key trading partners in order to sustain continued economic growth. Switzerland's economic growth generally mirrors slowdowns and growth spurts experienced in other countries, including the U.S. and certain Western European countries.<br/><br/><b>Risk of Investing in the U.K.</b> Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.&#8217;s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the EU (&#8220;Brexit&#8221;). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Small Fund Risk. </b>When the Fund&#8217;s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.<br/><br/><b>Volatility Risk.</b> Although the Underlying Index was created by the Index Provider to seek lower volatility than the Parent Index and the Fund's name reflects the name of the Underlying Index as provided by the Index Provider, there is no guarantee that the Index Provider will be successful in creating an index that minimizes volatility, and there is a risk that the Fund may experience more than minimum volatility. Securities in the Fund's portfolio may be subject to price volatility, and the prices may not be any less volatile than the market as a whole, and could be more volatile. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 8.69% in the 2nd quarter of 2017; the worst was -8.95% in the 4th quarter of 2018 . <br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0025 0 0 0.0025 26 80 141 318 0.0426 -0.0678 0.2283 -0.0784 -0.0784 0.0071 2014-06-03 -0.082 0.0023 -0.0392 0.0072 -0.0792 0.0076 0.23 The Fund&#8217;s year-to-date return 2019-09-30 0.1464 0.0869 2017-06-30 worst -0.0895 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000213 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000216 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000214 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000217 column period compact * ~</div> iSHARES&#174; EDGE MSCI MIN VOL JAPAN ETF Ticker: JPMV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Edge MSCI Min Vol Japan ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of Japanese equities that, in the aggregate, have lower volatility characteristics relative to the broader Japanese equity markets. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. <br/><br/> You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 23% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI Japan Minimum Volatility (USD) Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;) to measure the performance of Japanese equity securities that, in the aggregate, have lower volatility characteristics relative to the large- and mid-cap Japanese equity market. In constructing the Underlying Index, MSCI uses a rules-based methodology to select securities from the MSCI Japan Index (the &#8220;Parent Index&#8221;), which is a capitalization-weighted index, and to determine the weightings of such securities in the Underlying Index. Under the rules-based methodology, securities and weightings of the Underlying Index are established based on pre-established parameters and discretionary factors are not relied on.<br/><br/>Generally, the rules-based methodology includes specified requirements for security eligibility, maximum and minimum weightings by security and, in some cases, by sector and country, established rules relating to handling of special dividends and other distributions and treatment of corporate events. In order to determine weightings by security within the Underlying Index, MSCI seeks to construct a portfolio of lowest absolute volatility, as measured by MSCI, using its multi-factor risk model. The portfolio is then further refined by an optimization tool that aims to determine the lowest absolute volatility based on the projected &#8220;riskiness&#8221; of securities in the Parent Index while applying constraints based on established minimum and maximum weightings of index constituents and sectors as well as factor constraints (for example, liquidity and financial leverage) as measured by MSCI.<br/><br/>The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the consumer discretionary and industrials industries or sectors. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies. <br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Assets Under Management (AUM) Risk.</b> From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)), a third-party investor, the Fund&#8217;s adviser or an affiliate of the Fund&#8217;s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There<b> </b>can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Consumer Discretionary Sector Risk.</b> The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Geographic Risk.</b> Japan is located in a part of the world that has historically been prone to natural disasters such as droughts, earthquakes, floods, hurricanes, tornadoes, tsunamis or volcanic eruptions, and is economically sensitive to environmental events. Any such event may adversely impact Japan's economy or business operations of companies in Japan, causing an adverse impact on the value of the Fund.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Industrials Sector Risk.</b> Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Lack of Natural Resources Risk.</b> The Fund invests in Japan, which has few natural resources. Any fluctuation or shortage in the commodity markets could have a negative impact on Japanese securities.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of Japanese securities or Japanese markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in a country whose economy is heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk </b>and <b>U.S. Economic Risk.</b><br/><br/><b>Risk of Investing in Japan.</b> The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan&#8217;s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan&#8217;s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Small Fund Risk. </b>When the Fund&#8217;s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.<br/><br/><b>Volatility Risk.</b> Although the Underlying Index was created by the Index Provider to seek lower volatility than the Parent Index and the Fund's name reflects the name of the Underlying Index as provided by the Index Provider, there is no guarantee that the Index Provider will be successful in creating an index that minimizes volatility, and there is a risk that the Fund may experience more than minimum volatility. Securities in the Fund's portfolio may be subject to price volatility, and the prices may not be any less volatile than the market as a whole, and could be more volatile. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 13.04% in the 1st quarter of 2015; the worst was -7.79% in the 4th quarter of 2018. <br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.003 0 0 0.003 31 97 169 381 0.1639 0.0263 0.2014 -0.0559 -0.0559 0.0666 2014-06-03 -0.0587 0.0627 -0.0306 0.0523 -0.0544 0.0685 0.23 The Fund&#8217;s year-to-date return 2019-09-30 0.0828 0.1304 2015-03-31 worst -0.0779 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000223 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000226 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000224 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000227 column period compact * ~</div> iSHARES&#174; EDGE MSCI MIN VOL USA ETF Ticker: USMV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: Cboe BZX Investment Objective The iShares Edge MSCI Min Vol USA ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. <br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 21% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI USA Minimum Volatility (USD) Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;) to measure the performance of large and mid-capitalization equity securities listed on stock exchanges in the U.S. that, in the aggregate, have lower volatility relative to the large- and mid-cap U.S. equity market. In constructing the Underlying Index, MSCI uses a rules-based methodology to select securities from the MSCI USA Index (the &#8220;Parent Index&#8221;), which is a capitalization-weighted index, and to determine the weightings of such securities in the Underlying Index. Under the rules-based methodology, securities and weightings of the Underlying Index are established based on pre-established parameters and discretionary factors are not relied on.<br/><br/>Generally, the rules-based methodology includes specified requirements for security eligibility, maximum and minimum weightings by security and, in some cases, by sector and country, established rules relating to handling of special dividends and other distributions and treatment of corporate events. In order to determine weightings by security within the Underlying Index, MSCI seeks to construct a portfolio of the lowest absolute volatility, as measured by MSCI, using its multi-factor risk model. The portfolio is then further refined by an optimization tool that aims to determine the lowest absolute volatility based on the projected &#8220;riskiness&#8221; of securities in the Parent Index while applying constraints based on established minimum and maximum weightings of index constituents and sectors as well as factor constraints (for example, liquidity and financial leverage) as measured by MSCI.<br/><br/>The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Technology Sector Risk.</b> Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Volatility Risk.</b> Although the Underlying Index was created by the Index Provider to seek lower volatility than the Parent Index and the Fund's name reflects the name of the Underlying Index as provided by the Index Provider, there is no guarantee that the Index Provider will be successful in creating an index that minimizes volatility, and there is a risk that the Fund may experience more than minimum volatility. Securities in the Fund's portfolio may be subject to price volatility, and the prices may not be any less volatile than the market as a whole, and could be more volatile. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 13.39% in the 1st quarter of 2013; the worst was -7.56% in the 4th quarter of 2018. <br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0015 0 0 0.0015 15 48 85 192 0.1104 0.2511 0.1634 0.055 0.105 0.1897 0.0136 0.0136 0.1034 0.1291 2011-10-18 0.0083 0.0976 0.1234 0.0114 0.081 0.1045 0.0155 0.1052 0.131 0.21 The Fund&#8217;s year-to-date return 2019-09-30 0.24 0.1339 2013-03-31 worst -0.0756 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000233 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000236 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000234 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000237 column period compact * ~</div> iSHARES&#174; EDGE MSCI MIN VOL USA SMALL-CAP ETF Ticker: SMMV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: Cboe BZX Investment Objective The iShares Edge MSCI Min Vol USA Small-Cap ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of small-capitalization U.S. equities that, in the aggregate, have lower volatility characteristics relative to the small-capitalization U.S. equity market. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 48% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI USA Small Cap Minimum Volatility (USD) Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;) to measure the performance of small-capitalization U.S. equities that in the aggregate have lower volatility characteristics relative to the small-capitalization U.S. equity market. In constructing the Underlying Index, MSCI uses a rules-based methodology to select securities from the MSCI USA Small Cap Index (the &#8220;Parent Index&#8221;), which is a capitalization-weighted index that represents approximately 14% of the free-float adjusted market capitalization in the U.S., and to determine the weightings of such securities in the Underlying Index. Under the rules-based methodology, securities and weightings of the Underlying Index are established based on pre-established parameters and discretionary factors are not relied on.<br/><br/>Generally, the rules-based methodology includes specified requirements for security eligibility, maximum and minimum weightings by security and, in some cases, by sector and country, established rules relating to handling of special dividends and other distributions and treatment of corporate events. In order to determine weightings by security within the Underlying Index, MSCI seeks to construct a portfolio of the lowest absolute volatility, as measured by MSCI, using its multi-factor risk model. The portfolio is then further refined by an optimization tool that aims to determine the lowest absolute volatility based on the projected &#8220;riskiness&#8221; of securities in the Parent Index while applying constraints based on established minimum and maximum weightings of index constituents and sectors as well as factor constraints (for example, liquidity and financial leverage) as measured by MSCI.<br/><br/>As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and real estate industries or sectors. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Assets Under Management (AUM) Risk.</b> From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)), a third-party investor, the Fund&#8217;s adviser or an affiliate of the Fund&#8217;s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There<b> </b>can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Real Estate Investment Risk.</b> The Fund may invest in companies that invest in real estate (&#8220;Real Estate Companies&#8221;), such as real estate investment trusts (&#8220;REITs&#8221;) or real estate holding and operating companies, which expose investors in the Fund to the risks of owning real estate directly, as well as to risks that relate specifically to the way in which Real Estate Companies are organized and operated. Real estate is highly sensitive to general and local economic conditions and developments, and characterized by intense competition and periodic overbuilding. Many Real Estate Companies, including REITs, utilize leverage (and some may be highly leveraged), which increases investment risk and the risk normally associated with debt financing, and could potentially magnify the Fund&#8217;s losses. Rising interest rates could result in higher costs of capital for Real Estate Companies, which could negatively affect a Real Estate Company's ability to meet its payment obligations or its financing activity and could decrease the market prices for REITs and for properties held by such REITs.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Small-Capitalization Companies Risk.</b> Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Volatility Risk.</b> Although the Underlying Index was created by the Index Provider to seek lower volatility than the Parent Index and the Fund's name reflects the name of the Underlying Index as provided by the Index Provider, there is no guarantee that the Index Provider will be successful in creating an index that minimizes volatility, and there is a risk that the Fund may experience more than minimum volatility. Securities in the Fund's portfolio may be subject to price volatility, and the prices may not be any less volatile than the market as a whole, and could be more volatile. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 7.64% in the 2nd quarter of 2018; the worst was -10.76% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.002 0 0 0.002 20 64 113 255 0.1395 0.0148 0.0148 0.0832 2016-09-07 0.0095 0.0771 0.0104 0.0625 0.0174 0.0857 0.48 The Fund&#8217;s year-to-date return 2019-09-30 0.1931 best 0.0764 2018-06-30 worst -0.1076 2018-12-31 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000243 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000246 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000244 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000247 column period compact * ~</div> iSHARES&#174; EDGE MSCI MULTIFACTOR GLOBAL ETF Ticker: ACWF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Edge MSCI Multifactor Global ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of large- and mid-capitalization developed and emerging market stocks that have favorable exposure to target style factors subject to constraints. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur &#8220;Acquired Fund Fees and Expenses.&#8221; Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. until November 30, 2025. The contractual waiver may be terminated prior to November 30, 2025 only upon the written agreement of the Trust and BFA.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 43% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI ACWI Diversified Multiple-Factor Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;). The Underlying Index is designed to contain equity securities from the MSCI ACWI Index (the &#8220;Parent Index&#8221;) that have high exposure to four investment style factors &#8211; value, quality, momentum and low size &#8211; while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors.<br/><br/>MSCI, in selecting equity securities from the Parent Index, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors &#8211; value, quality, momentum and low size &#8211; is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest &amp; taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward share price to earnings estimates)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the same country over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.<br/><br/>The Underlying Index consisted of securities from approximately 578 companies from 37 countries or regions as of July 31, 2019. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and technology industries or sectors. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Assets Under Management (AUM) Risk.</b> From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this Prospectus), a third-party investor, the Fund&#8217;s adviser or an affiliate of the Fund&#8217;s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There<b> </b>can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Low Size Risk.</b> The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (&#8220;low size companies&#8221;) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>Model Risk.</b> Neither the Fund nor BFA can offer assurances that the Index Provider&#8217;s model will result in the Fund meeting its investment objective. The Fund may underperform other funds that do not similarly invest.<br/><br/><b>Momentum Securities Risk.</b> Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Quality Stocks Risk.</b> Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock&#8217;s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Russia. </b>Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the &#8220;EU&#8221;), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia&#8217;s economy and Russian issuers of securities in which the Fund invests.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Technology Sector Risk.</b> Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.<br/><br/><b>Value Strategy Risk.</b> Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 7.70% in the 1st quarter of 2017; the worst was -14.35% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: November 30, 2025 Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0035 0 0 0 0.0035 0 0.0035 36 113 197 443 0.0513 0.2963 -0.1279 -0.1279 0.0262 2015-04-28 -0.1319 0.0222 -0.0727 0.0206 -0.1263 0.0285 0.43 The Fund&#8217;s year-to-date return 2019-09-30 0.1307 best 0.077 2017-03-31 worst -0.1435 2018-12-31 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000253 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000256 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000254 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000257 column period compact * ~</div> iSHARES&#174; EDGE MSCI MULTIFACTOR INTL ETF Ticker: INTF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Edge MSCI Multifactor Intl ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of global developed market large- and mid-capitalization stocks, excluding the U.S., that have favorable exposure to target style factors subject to constraints. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 44% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI World ex USA Diversified Multiple-Factor Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;). The Underlying Index is designed to select equity securities from the MSCI World ex USA Index (the &#8220;Parent Index&#8221;) that have high exposure to four investment style factors &#8211; value, quality, momentum and low size &#8211; while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors.<br/><br/>MSCI, in selecting equity securities from the Parent Index, which is comprised of large- and mid-capitalization stocks, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors &#8211; value, quality, momentum and low size &#8211; is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest &amp; taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward share price to earnings estimates)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the same country over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.<br/><br/>As of July 31, 2019, the Underlying Index consisted of securities from approximately 207 companies from the following countries or regions: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Israel, Italy, Japan, the Netherlands, New Zealand, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;). The Underlying Index may include large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Low Size Risk.</b> The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (&#8220;low size companies&#8221;) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>Model Risk.</b> Neither the Fund nor BFA can offer assurances that the Index Provider&#8217;s model will result in the Fund meeting its investment objective. The Fund may underperform other funds that do not similarly invest.<br/><br/><b>Momentum Securities Risk.</b> Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk</b> and <b>European Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Quality Stocks Risk.</b> Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock&#8217;s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk </b>and <b>European Economic Risk.</b><br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.<br/><br/><b>Value Strategy Risk.</b> Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 7.49% in the 3rd quarter of 2016; the worst was -14.50% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.003 0 0 0.003 31 97 169 381 -0.0021 0.2815 -0.1567 -0.1567 0.0096 2015-04-28 -0.1604 0.0046 -0.0878 0.008 -0.1558 0.0107 0.44 The Fund&#8217;s year-to-date return 2019-09-30 0.0964 0.0749 2016-09-30 worst -0.145 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000263 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000266 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000264 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000267 column period compact * ~</div> iSHARES&#174; EDGE MSCI MULTIFACTOR INTL SMALL-CAP ETF Ticker: ISCF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Edge MSCI Multifactor Intl Small-Cap ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of global developed market small-capitalization stocks, excluding the U.S., that have favorable exposure to target style factors subject to constraints. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 45% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI World ex USA Small Cap Diversified Multiple-Factor Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;). The Underlying Index is designed to select equity securities from the MSCI World ex USA Small Cap Index (the &#8220;Parent Index&#8221;) that have high exposure to four investment style factors &#8211; value, quality, momentum and low size &#8211; while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors. Small capitalization companies, as calculated by MSCI, represent the bottom 14% of the free float-adjusted market capitalization of each developed market country included in the Parent Index, as determined by MSCI.<br/><br/>MSCI, in selecting equity securities from the Parent Index, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors &#8211; value, quality, momentum and low size &#8211; is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest &amp; taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward share price to earnings estimates)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the same country over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.<br/><br/>As of July 31, 2019, the Underlying Index consisted of securities from approximately 726 companies from the following countries or regions: Australia, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the industrials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Assets Under Management (AUM) Risk.</b> From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)), a third-party investor, the Fund&#8217;s adviser or an affiliate of the Fund&#8217;s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There<b> </b>can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Industrials Sector Risk.</b> Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Low Size Risk.</b> The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (&#8220;low size companies&#8221;) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Model Risk.</b> Neither the Fund nor BFA can offer assurances that the Index Provider&#8217;s model will result in the Fund meeting its investment objective. The Fund may underperform other funds that do not similarly invest.<br/><br/><b>Momentum Securities Risk.</b> Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk</b> and <b>European Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Quality Stocks Risk.</b> Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock&#8217;s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk</b>, <b>European Economic Risk</b> and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Japan.</b> The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan&#8217;s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan&#8217;s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Small-Capitalization Companies Risk.</b> Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.<br/><br/><b>Value Strategy Risk.</b> Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 9.34% in the 3rd quarter of 2017; the worst was -16.42% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.004 0 0 0.004 41 128 224 505 0.0001 0.3624 -0.1818 -0.1818 0.0327 2015-04-28 -0.1847 0.0277 -0.1037 0.0257 -0.1828 0.0349 0.45 The Fund&#8217;s year-to-date return 2019-09-30 0.1199 0.0934 2017-09-30 worst -0.1642 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000273 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000276 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000274 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000277 column period compact * ~</div> iSHARES&#174; EDGE MSCI MULTIFACTOR USA ETF Ticker: LRGF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Edge MSCI Multifactor USA ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks that have favorable exposure to target style factors subject to constraints. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 45% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI USA Diversified Multiple-Factor Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;). The Underlying Index is designed to select equity securities from the MSCI USA Index (the &#8220;Parent Index&#8221;) that have high exposure to four investment style factors &#8211; value, quality, momentum and low size &#8211; while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors.<br/><br/>MSCI, in selecting equity securities from the Parent Index, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors &#8211; value, quality, momentum and low size &#8211; is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest &amp; taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward earnings estimates to share price)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the same country over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.<br/><br/>As of July 31, 2019, the Underlying Index consisted of securities from approximately 161 companies from the U.S. The Underlying Index may include large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Low Size Risk.</b> The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (&#8220;low size companies&#8221;) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>Model Risk.</b> Neither the Fund nor BFA can offer assurances that the Index Provider&#8217;s model will result in the Fund meeting its investment objective. The Fund may underperform other funds that do not similarly invest.<br/><br/><b>Momentum Securities Risk.</b> Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Quality Stocks Risk.</b> Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock&#8217;s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Technology Sector Risk.</b> Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Value Strategy Risk. </b>Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 6.69% in the 4th quarter of 2017; the worst was -15.65% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.002 0 0 0.002 20 64 113 255 0.134 0.2126 -0.0979 -0.0979 0.049 2015-04-28 -0.1044 0.044 -0.0529 0.0377 -0.0967 0.0513 0.45 The Fund&#8217;s year-to-date return 2019-09-30 0.1631 0.0669 2017-12-31 worst -0.1565 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000283 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000286 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000284 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000287 column period compact * ~</div> iSHARES&#174; EDGE MSCI MULTIFACTOR USA MID-CAP ETF Ticker: MIDF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Edge MSCI Multifactor USA Mid-Cap ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of U.S. mid-capitalization stocks that have favorable exposure to target style factors subject to constraints. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. From inception, June 4, 2019, to the most recent fiscal year end, the Fund's portfolio turnover rate was 1% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI USA Mid Cap Diversified Multiple-Factor Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;). Mid-capitalization companies, as calculated by the Index Provider, represent the companies between 70%-85% of the available free float-adjusted market capitalization for the U.S. The Underlying Index is designed to select equity securities from the MSCI USA Mid Cap Index (the &#8220;Parent Index&#8221;) that have high exposure to four investment style factors &#8211; value, quality, momentum and low size &#8211; while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors relative to the Parent Index. For example, on each rebalance date, the sector weights of the Underlying Index will not deviate more than +/-5% from the sector weights of the Parent Index.<br/><br/>MSCI, in selecting equity securities from the Parent Index, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors &#8211; value, quality, momentum and low size &#8211; is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest &amp; taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward earnings estimates to share price)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the U.S. over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.<br/><br/>As of July 31, 2019, the Underlying Index consisted of securities from approximately 90 companies from the U.S. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time. The Underlying Index is rebalanced semi-annually coinciding with the Index Provider's semi-annual index review.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Assets Under Management (AUM) Risk.</b> From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)), a third-party investor, the Fund&#8217;s adviser or an affiliate of the Fund&#8217;s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There<b> </b>can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Low Size Risk.</b> The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (&#8220;low size companies&#8221;) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>Model Risk.</b> Neither the Fund nor BFA can offer assurances that the Index Provider&#8217;s model will result in the Fund meeting its investment objective. The Fund may underperform other funds that do not similarly invest.<br/><br/><b>Momentum Securities Risk.</b> Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.<br/><br/><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Quality Stocks Risk.</b> Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock&#8217;s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Small Fund Risk. </b>When the Fund&#8217;s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.<br/><br/><b>Technology Sector Risk.</b> Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. <b>BFA EXPECTS THAT THE FUND MAY EXPERIENCE HIGHER TRACKING ERROR THAN IS TYPICAL FOR SIMILAR INDEX EXCHANGE-TRADED FUNDS (&#8220;ETFs&#8221;).</b><br/><br/><b>Value Strategy Risk.</b> Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer. Performance Information As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information. You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information. 0.0025 0 0 0.0025 26 80 0.01 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000293 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000294 column period compact * ~</div> iSHARES&#174; EDGE MSCI MULTIFACTOR USA SMALL-CAP ETF Ticker: SMLF&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Edge MSCI Multifactor USA Small-Cap ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of U.S. small-capitalization stocks that have favorable exposure to target style factors subject to constraints. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 45% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI USA Small Cap Diversified Multiple-Factor Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;). The Underlying Index is designed to select equity securities from the MSCI USA Small Cap Index (the &#8220;Parent Index&#8221;) that have high exposure to four investment style factors &#8211; value, quality, momentum and low size &#8211; while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors. Small capitalization companies, as calculated by MSCI, represent the bottom 14% of the free floated-adjusted market capitalization in the U.S. securities market, as determined by MSCI.<br/><br/>MSCI, in selecting equity securities from the Parent Index, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors &#8211; value, quality, momentum and low size &#8211; is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest &amp; taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward earnings estimates to share price)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the same country over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.<br/><br/>As of July 31, 2019, the Underlying Index consisted of securities from approximately 488 companies from the U.S. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the healthcare and technology industries or sectors. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information<b> </b>will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Healthcare Sector Risk.</b> The profitability of companies in the healthcare sector may be affected by government regulations and government healthcare programs, increases or decreases in the cost of medical products and services, an increased emphasis on outpatient services, and product liability claims, among other factors. Many healthcare companies are heavily dependent on patent protection, and the expiration of a company&#8217;s patent may adversely affect that company&#8217;s profitability. Healthcare companies are subject to competitive forces that may result in price discounting, and may be thinly capitalized and susceptible to product obsolescence.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund<b> </b>has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Low Size Risk.</b> The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (&#8220;low size companies&#8221;) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Model Risk.</b> Neither the Fund nor BFA can offer assurances that the Index Provider&#8217;s model will result in the Fund meeting its investment objective. The<b> </b>Fund may underperform other funds that do not similarly invest.<br/><br/><b>Momentum Securities Risk.</b> Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Quality Stocks Risk.</b> Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock&#8217;s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as<b> </b>when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Small-Capitalization Companies Risk.</b> Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.<br/><br/><b>Technology Sector Risk.</b> Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the<b> </b>divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Value Strategy Risk.</b> Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 11.96% in the 4th quarter of 2016; the worst was -17.52% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.003 0 0 0.003 31 97 169 381 0.225 0.1206 -0.0817 -0.0817 0.0581 2015-04-28 -0.084 0.0555 -0.0465 0.0449 -0.0801 0.0616 0.45 The Fund&#8217;s year-to-date return 2019-09-30 0.1256 0.1196 2016-12-31 worst -0.1752 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000303 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000306 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000304 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000307 column period compact * ~</div> iSHARES&#174; EDGE MSCI USA MOMENTUM FACTOR ETF Ticker: MTUM&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: Cboe BZX Investment Objective The iShares Edge MSCI USA Momentum Factor ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks exhibiting relatively higher price momentum. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 138% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI USA Momentum Index (the &#8220;Underlying Index&#8221;), which consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index (the &#8220;Parent Index&#8221;), as determined by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;). The Parent Index includes U.S. large- and mid-capitalization stocks, as defined by MSCI. The Underlying Index is designed to measure the performance of an equity momentum strategy by emphasizing stocks with high price momentum, while maintaining reasonably high trading liquidity, investment capacity and moderate index turnover, each as determined by the Index Provider.<br/><br/>A risk-adjusted price momentum, defined by MSCI as the excess return over the risk-free rate divided by the annualized standard deviation of weekly returns over the past 3-years, is calculated for each security in the Parent Index over 6- and 12-month time periods. The 6- and 12-month risk-adjusted price momentum calculations are then standardized at plus- or minus-3 standard deviations and translated into an average momentum score. The weight of each Underlying Index constituent is determined by multiplying the security&#8217;s momentum score by its market capitalization-weight in the Parent Index. Additionally, each individual issuer is capped at 5%. MSCI uses an algorithm to determine the number of components in the Underlying Index based on the number of constituents in the Parent Index. The number of components is evaluated semi-annually. As of July 31, 2019, there were 124 securities in the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of<b> </b>those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>High Portfolio Turnover Risk.</b> High portfolio turnover (considered by the Fund to mean higher than 100% annually) may result in increased transaction costs to the Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of<b> </b>correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over<b> </b>longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Momentum Securities Risk.</b> Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Technology Sector Risk.</b> Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 9.42% in the 1st quarter of 2017; the worst was -15.61% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0015 0 0 0.0015 15 48 85 192 0.1448 0.0912 0.0489 0.376 -0.0177 -0.0177 0.1211 0.1369 2013-04-16 -0.0204 0.1179 0.1335 -0.0082 0.0963 0.1102 -0.0161 0.1231 0.139 1.38 The Fund&#8217;s year-to-date return 2019-09-30 0.2053 0.0942 2017-03-31 worst -0.1561 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000313 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000316 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000314 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000317 column period compact * ~</div> iSHARES&#174; EDGE MSCI USA QUALITY FACTOR ETF Ticker: QUAL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: Cboe BZX Investment Objective The iShares Edge MSCI USA Quality Factor ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 41% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI USA Sector Neutral Quality Index<b> </b>(the &#8220;Underlying Index&#8221;), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index (the &#8220;Parent Index&#8221;). The Parent Index includes U.S. large- and mid-capitalization stocks, as defined by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;). The Underlying Index seeks to measure the performance of securities in the Parent Index that exhibit higher quality characteristics relative to their peers within the corresponding Global Industry Classification Standard (GICS<sup>&#174;</sup>) sector. To construct the Underlying Index, the Index Provider determines the quality score of each security in the Parent Index based on three fundamental variables: high return on equity, low earnings variability and low leverage. The Underlying Index is weighted based on a component's quality score multiplied by its weight in the parent index. Weights in the Underlying Index are next normalized so that sectors in the Underlying Index represent the same weight as in the Parent Index. Additionally, each individual issuer capped at 5%. As of July 31, 2019, there were 125 securities in the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more<b> </b>likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index<b> </b>Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be<b> </b>less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be<b> </b>inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Quality Stocks Risk.</b> Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock&#8217;s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Technology Sector Risk.</b> Technology companies, including information technology companies, may have limited product lines, markets, financial<b> </b>resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the<b> </b>Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 8.75% in the 3rd quarter of 2018; the worst was -14.71% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0015 0 0 0.0015 15 48 85 192 0.1162 0.0556 0.0918 0.2226 -0.0577 -0.0577 0.0819 0.1002 2013-07-16 -0.0618 0.0773 0.0956 -0.0308 0.0641 0.0794 -0.0564 0.0835 0.102 0.41 The Fund&#8217;s year-to-date return 2019-09-30 0.2208 0.0875 2018-09-30 worst -0.1471 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000323 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000326 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000324 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000327 column period compact * ~</div> iSHARES&#174; EDGE MSCI USA SIZE FACTOR ETF Ticker: SIZE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Edge MSCI USA Size Factor ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with relatively smaller average market capitalization. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 30% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI USA Low Size Index (the &#8220;Underlying Index&#8221;), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index (the &#8220;Parent Index&#8221;). The Parent Index includes U.S. large- and mid-capitalization stocks, as defined by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;). The Underlying Index is constructed by applying a mathematical formula at each rebalancing that reweights the components of its market capitalization-weighted Parent Index, such that the representation of smaller capitalization companies is increased relative to larger capitalization companies. In addition, at each rebalancing, the Index Provider calculates a &#8220;constraint factor&#8221; for each component. The constraint factor is the ratio of the component&#8217;s weight in the Underlying Index to that component&#8217;s weight in the Parent Index. The constraint factor is held constant between each rebalancing, except in the case of corporate events (as defined by the Index Provider). Changes in the relative weight of an individual component in the Parent Index due to market appreciation/depreciation result in that component increasing/decreasing in weight in the Underlying Index to hold the constraint factor for that component constant between each rebalancing. The Underlying Index is rebalanced semi-annually in May and November. As of July 31, 2019, there are 639 component securities in the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with<b> </b>respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans<b> </b>and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund<b> </b>has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Low Size Risk.</b> The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (&#8220;low size companies&#8221;) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active<b> </b>market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities<b> </b>lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Technology Sector Risk.</b> Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the<b> </b>divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 7.39% in the 4th quarter of 2014; the worst was -12.49% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. On December 3, 2018, the Fund&#8217;s Underlying Index changed from the MSCI USA Risk Weighted Index to the MSCI USA Low Size Index. 0.0015 0 0 0.0015 15 48 85 192 0.1578 0.0037 0.1332 0.1888 -0.0651 -0.0651 0.0792 0.0962 2013-04-16 -0.0704 0.0739 0.0908 -0.0349 0.0617 0.0759 -0.0519 0.0834 0.1002 0.3 The Fund&#8217;s year-to-date return 2019-09-30 0.1992 0.0739 2014-12-31 worst -0.1249 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000333 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000336 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000334 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000337 column period compact * ~</div> iSHARES&#174; EDGE MSCI USA VALUE FACTOR ETF Ticker: VLUE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: Cboe BZX Investment Objective The iShares Edge MSCI USA Value Factor ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 35% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI USA Enhanced Value Index (the &#8220;Underlying Index&#8221;), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index (the &#8220;Parent Index&#8221;). The Parent Index includes U.S. large- and mid- capitalization stocks, as defined by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;). The Underlying Index is designed to measure the performance of securities in the Parent Index that exhibit higher value characteristics relative to their peers within the corresponding Global Industry Classification Standard (GICS<sup>&#174;</sup>) sector. To construct the Underlying Index, the Index Provider calculates a &#8220;value score&#8221; for each security in the Parent Index using three variables: price-to-book value, price-to-forward earnings and enterprise value-to-cash flow from operations. MSCI uses an algorithm to determine the number of components in the Underlying Index based on the number of constituents in the Parent Index. The number of components is evaluated semi-annually. MSCI assigns weights by multiplying a component's value score by its market capitalization. Weights in the Underlying Index are next normalized so that sectors in the Underlying Index represent the same weight as in the Parent Index. As of July 31, 2019, there were 150 securities in the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and<b> </b>instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Technology Sector Risk.</b> Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.<br/><br/><b>Value Securities Risk.</b> Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in creating an index that emphasizes undervalued securities. Value securities have generally performed better than non-value securities during periods of economic recovery (although there is no assurance that they will continue to do so). Value securities may go in and out of favor over time. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 8.62% in the 4th quarter of 2017; the worst was -16.92% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0015 0 0 0.0015 15 48 85 192 0.1229 -0.0354 0.1568 0.2197 -0.1118 -0.1118 0.063 0.0897 2013-04-16 -0.1169 0.0574 0.0841 -0.0618 0.049 0.0709 -0.1106 0.0646 0.0915 0.35 The Fund&#8217;s year-to-date return 2019-09-30 0.157 0.0862 2017-12-31 worst -0.1692 2018-12-31 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000343 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000346 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000344 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000347 column period compact * ~</div> iSHARES&#174; EXPONENTIAL TECHNOLOGIES ETF Ticker: XT&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NASDAQ Investment Objective The iShares Exponential Technologies ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of stocks of developed and emerging market companies that create or use exponential technologies. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 21% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the Morningstar<sup>&#174;</sup> Exponential Technologies Index<sup>SM</sup> (the &#8220;Underlying Index&#8221;), which measures the performance of equity securities issued by companies that the Equity Research team of Morningstar, Inc. (the &#8220;Index Provider&#8221; or &#8220;Morningstar&#8221;) has determined are involved with the creation of groundbreaking technologies and/or that are users that apply such technologies within their businesses. Exponential technologies displace older technologies, create new markets and have the potential to effect significant economic impacts.<br/><br/>The Underlying Index is a subset of the Morningstar US Market Index and the Morningstar Global Markets ex-US Index family (the &#8220;Parent Indexes&#8221;). The eligible universe of securities in the Underlying Index must be in the Morningstar Global Equity Index family and covered by Morningstar&#8217;s Equity Research analysts. The Morningstar analysts perform fundamental research in order to score companies within the eligible universe along a three point scale based on exponential technology themes that Morningstar believes have the potential to have significant economic benefits to producers and users. As of July 31, 2019, Morningstar has identified nine exponential technology themes: big data and analytics, nanotechnology, medicine and neuroscience, networks and computer systems, energy and environmental systems, robotics, 3-D printing, bioinformatics, and financial services innovation. The themes are reviewed on an annual basis and may change over time. As a general matter, these themes focus on issuers that are either developing resources for others or are advanced in their own applications in the following areas: processing and capturing customer or other business-related data, and analyzing and leveraging that data to grow the business; engineering and technology applications focused on manipulation of matter on an atomic, molecular or supramolecular level; research in respect to developing medical areas, including the study of the nervous system; computer networks and systems; energy and environmental systems; robotics; three dimensional printing; leveraging new methods and software tools for understanding biological data; and innovative financial services.<br/><br/>Morningstar&#8217;s sector strategists, directors and selection committee review the scores assigned by the Morningstar analysts and may calibrate or revise the scores to ensure consistency in scoring across analysts, sectors, geographies and themes. Morningstar eliminates companies with average three-month trailing daily trading volume less than $2 million and/or float market capitalization of $300 million or less. It then ranks the remaining potential constituents in an order emphasizing exposure to the exponential technology themes, giving preference to current index constituents and also preferring smaller market capitalization companies over larger ones. Up to five leading companies within each theme are automatically included in the Underlying Index, with additional companies added until the Underlying Index has 200 constituents. The Underlying Index is equal weighted and is reconstituted and rebalanced annually.<br/><br/>The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the healthcare and technology industries or sectors. The components of the Underlying Index are likely to change over time. As of July 31, 2019, the Underlying Index consisted of securities from the following 23 countries or regions: Australia, Belgium, Brazil, Canada, Chile, China, Denmark, Finland, France, Germany, India, Italy, Japan, the Netherlands, Norway, Singapore, South Korea, Spain, Sweden, Switzerland, Taiwan, the United Kingdom (the &#8220;U.K.&#8221;) and the U.S.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by Morningstar which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Exponential Technologies Risk.</b> Technologies perceived to displace older technologies or create new markets may not in fact do so. Companies that initially develop a novel technology may not be able to capitalize on the technology. Companies that develop exponential technologies may face political or legal attacks from competitors, industry groups or local and national governments. These companies may also be exposed to risks applicable to sectors other than the exponential technology theme for which they are chosen, and the securities issued by these companies may underperform the securities of other companies that are primarily focused on a particular theme. The Fund may invest in a company that does not currently derive any revenue from exponential technologies, and there is no assurance that a company will derive any revenue from exponential technologies in the future. An exponential technology may constitute a small portion of a company&#8217;s overall business. As a result, the success of an exponential technology may not affect the value of the equity securities issued by the company.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Healthcare Sector Risk.</b> The profitability of companies in the healthcare sector may be affected by government regulations and government healthcare programs, increases or decreases in the cost of medical products and services, an increased emphasis on outpatient services, and product liability claims, among other factors. Many healthcare companies are heavily dependent on patent protection, and the expiration of a company&#8217;s patent may adversely affect that company&#8217;s profitability. Healthcare companies are subject to competitive forces that may result in price discounting, and may be thinly capitalized and susceptible to product obsolescence.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to<b> European Economic Risk.</b><br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Technology Sector Risk.</b> Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.<br/><br/><b>Thematic Investing Risk.</b> The Fund relies on the Index Provider for the identification of securities for inclusion in the Underlying Index that reflect themes and sub-themes and its performance may suffer if such securities are not correctly identified or if a theme or sub-theme develops in an unexpected manner. Performance may also suffer if the stocks included in the Underlying Index do not benefit from the development of such themes or sub-themes. Performance may also be impacted by the inclusion of non-theme-relevant exposures in the Underlying Index. There is no guarantee that the Underlying Index will reflect the theme and sub-theme exposures intended.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: 0.0047 0 0 0.0047 48 151 263 591 0.21 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000353 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000354 column period compact * ~</div> iSHARES&#174; GENOMICS IMMUNOLOGY AND HEALTHCARE ETF Ticker: IDNA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Genomics Immunology and Healthcare ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of developed and emerging market companies that could benefit from the long-term growth and innovation in genomics, immunology and bioengineering. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. From inception, June 11, 2019, to the most recent fiscal year end, the Fund's portfolio turnover rate was 19% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the NYSE<sup>&#174;</sup> FactSet<sup>&#174;</sup> Global Genomics and Immuno Biopharma Index<sup>TM</sup><b> </b>(the &#8220;Underlying Index&#8221;), which measures the performance of equity securities issued by companies in the biopharmaceutical and healthcare equipment and services industries that could benefit from the long-term growth and innovation in genomics, immunology and bioengineering, as determined by ICE Data Indices, LLC or its affiliates (the &#8220;Index Provider&#8221; or &#8220;IDI&#8221;). The Underlying Index is composed of equity securities primarily listed in one of 43 developed and emerging market countries. Companies must have equal to or greater than 50% of their revenue from one or more selected Level 6 industries, as defined by the FactSet Revere Business Industry Classification System (&#8220;RBICS&#8221;), which includes biopharmaceutical industries, healthcare equipment industries, and healthcare services industries. Companies selected from these industries are assigned a Genomics and Immuno Biopharma Composite Relationship Keyword score (a &#8220;Score&#8221;). To compute a Score for a company, the Index Provider searches the FactSet Supply Chain Relationships database for keywords related to genomics and immunology products and technologies. A Score is provided to each company identified in the database search based on the number of relationships a company has to genomics and immunology products. The top 50 companies with the highest Scores are selected for inclusion in the Underlying Index.The Underlying Index will be reviewed and reconstituted annually in December each year. Constituent weights of the Underlying Index are determined according to float-adjusted market capitalization and are rebalanced semi-annually. Individual constituents are capped at 4% of the Underlying Index. The aggregate weight of component securities classified in the RBICS Level 6 industry Diversified Biopharmaceuticals is capped at 25%, with excess weight redistributed proportionately among remaining constituents. The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019 a significant portion of the Underlying Index is represented by securities of companies in the healthcare industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund. During the first year of its operations, the Fund may not be able to purchase or gain exposure to certain of the component securities in the Underlying Index or may hold fewer of or have less exposure to such securities than contemplated by the Underlying Index. As a result, BFA expects that the Fund may experience higher tracking error than is typical for similar index ETFs.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by IDI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Assets Under Management (AUM) Risk.</b> From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)), a third-party investor, the Fund&#8217;s adviser or an affiliate of the Fund&#8217;s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There<b> </b>can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Biopharmaceuticals Industry Risk.</b> Companies in the biopharmaceuticals industry may be highly volatile and affected by industry competition, dependency on a limited number of products, obsolescence of products, government approvals and regulations, loss or impairment of intellectual property rights and litigation regarding product liability.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Healthcare Sector Risk.</b> The profitability of companies in the healthcare sector may be affected by government regulations and government healthcare programs, increases or decreases in the cost of medical products and services, an increased emphasis on outpatient services, and product liability claims, among other factors. Many healthcare companies are heavily dependent on patent protection, and the expiration of a company&#8217;s patent may adversely affect that company&#8217;s profitability. Healthcare companies are subject to competitive forces that may result in price discounting, and may be thinly capitalized and susceptible to product obsolescence.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk </b>and <b>North American Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Small-Capitalization Companies Risk.</b> Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.<br/><br/><b>Small Fund Risk. </b>When the Fund&#8217;s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.<br/><br/><b>Thematic Investing Risk.</b> The Fund relies on the Index Provider for the identification of securities for inclusion in the Underlying Index that reflect themes and sub-themes and its performance may suffer if such securities are not correctly identified or if a theme or sub-theme develops in an unexpected manner. Performance may also suffer if the stocks included in the Underlying Index do not benefit from the development of such themes or sub-themes. Performance may also be impacted by the inclusion of non-theme-relevant exposures in the Underlying Index. There is no guarantee that the Underlying Index will reflect the theme and sub-theme exposures intended.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. <b>BFA EXPECTS THAT THE FUND MAY EXPERIENCE HIGHER TRACKING ERROR THAN IS TYPICAL FOR SIMILAR INDEX ETFs, ESPECIALLY BEFORE THE FUND REACHES SUFFICIENT SCALE AND FURTHER BROADENS ITS HOLDINGS.</b><br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information. You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information. 0.0047 0 0 0.0047 48 151 0.19 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000363 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000364 column period compact * ~</div> iSHARES&#174; MORNINGSTAR MULTI-ASSET INCOME ETF Ticker: IYLD&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: Cboe BZX Investment Objective The iShares Morningstar Multi-Asset Income ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of underlying equity, fixed income and other income funds that collectively seek to deliver high current income while providing an opportunity for capital appreciation. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.&nbsp;&nbsp;The Fund may incur &#8220;Acquired Fund Fees and Expenses.&#8221; Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fee in order to limit the Fund&#8217;s total annual fund operating expenses after fee waiver to 0.60% through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund and the underlying funds in which the Fund invests (each, an &#8220;Underlying Fund&#8221; and collectively, the &#8220;Underlying Funds&#8221;), may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate for the Fund or Underlying Funds may indicate higher transaction costs and may cause the Fund or the Underlying Funds to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to Underlying Funds included as part of Acquired Fund Fees and Expenses), affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 50% of the average value of its portfolio. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. Principal Investment Strategies The Fund is a fund-of-funds and seeks to achieve its investment objective by investing primarily in the securities of the Underlying Funds that themselves seek investment results corresponding to their own underlying indexes. The Fund invests in a combination of Underlying Funds and may also invest in other exchange-traded funds (&#8220;ETFs&#8221;) (including other iShares funds), U.S. government securities, short-term paper, futures contracts, options on futures contracts, options, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (&#8220;BlackRock Cash Funds&#8221;).<br/><br/>The Morningstar<sup>&#174;</sup> Multi-Asset High Income Index<sup>SM</sup> (the &#8220;Underlying Index&#8221;) is broadly diversified and seeks to deliver high current income while maintaining long-term capital appreciation.&nbsp;&nbsp;The goal of the Underlying Index is to represent an allocation strategy to distinct asset classes of 20% equities, 60% fixed-income and 20% in an &#8220;alternative income sources&#8221; asset class, which consists of Underlying Funds that the index provider, Morningstar, Inc. (&#8220;Morningstar&#8221; or the &#8220;Index Provider&#8221;), considers to exhibit both equity and fixed-income-like characteristics. Each asset class has its own risk profile. The Underlying Index is rebalanced and reconstituted quarterly. The Underlying Index is comprised of Underlying Funds within these asset classes that have demonstrated relatively high income on a consistent basis and meet liquidity characteristics as determined by Morningstar's proprietary index methodology.<br/><br/>The 20% equity allocation consists of Underlying Funds that invest primarily in U.S. and non-U.S. equities. The 60% fixed-income allocation consists of Underlying Funds that invest primarily in U.S. and non-U.S. fixed-income securities. The 20% alternative income source allocation generally consists of Underlying Funds that invest primarily in real estate investment trusts (&#8220;REITs&#8221;) and preferred stocks. When the combined allocation percentages equal less than 100%, the Fund may invest the remainder of its assets in BlackRock Cash Funds. Investments in Underlying Funds that have significant non-U.S. currency exposure will not exceed 25% of the weight of the Underlying Index.<br/><br/>As of July 31, 2019, the Underlying Index included the following Underlying Funds within the equity asset class: iShares Core High Dividend ETF, iShares Select Dividend ETF and iShares International Select Dividend ETF; the following Underlying Funds within the fixed-income asset class: iShares iBoxx $ High Yield Corporate Bond ETF, iShares Intermediate-Term Corporate Bond ETF, iShares J.P. Morgan EM Local Currency Bond ETF, iShares J.P. Morgan USD Emerging Markets Bond ETF and iShares Long-Term Corporate Bond ETF; and the following Underlying Funds within the alternatives asset class: iShares Mortgage Real Estate ETF and iShares Preferred and Income Securities ETF. The Underlying Index may add, eliminate or replace Underlying Funds at any time. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and an Underlying Fund may or may not hold all of the securities in the applicable Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by Morningstar which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Funds), any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Affiliated Fund Risk.</b> In managing the Fund, BFA will have the ability to select Underlying Funds and substitute other ETFs which it believes will achieve the Fund&#8217;s objective. BFA may be subject to potential conflicts of interest in selecting Underlying Funds and substituting other ETFs because the fees paid to BFA by some Underlying Funds and other ETFs managed by BFA may be higher than the fees paid by other Underlying Funds. If an Underlying Fund or other ETF holds interests in an affiliated fund in excess of a certain amount, the Fund may be prohibited from purchasing shares of that Underlying Fund or other ETF.<br/><br/><b>Allocation Risk.</b> The Fund&#8217;s ability to achieve its investment objective depends upon BFA's ability to develop a model that accurately assesses the Fund&#8217;s asset class allocation and selects the best mix of Underlying Funds and other ETFs. There is a risk that BFA's evaluations and assumptions regarding asset classes or Underlying Funds, which are utilized as inputs in the model, may be incorrect in view of actual market conditions.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's or an Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b>&nbsp;&nbsp;Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for ETFs, such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s calculation methodology or sources of information will provide an accurate assessment of included issuers.<br/><br/><b>Call Risk. </b>During periods of falling interest rates, an issuer of a callable bond held by the Fund or an Underlying Fund may &#8220;call&#8221; or repay the security before its stated maturity, and the Fund or an Underlying Fund may have to reinvest the proceeds in securities with lower yields, which would result in a decline in the Fund's income, or in securities with greater risks or with other less favorable features.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's or an Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Credit Risk.</b> Debt issuers and other counterparties may be unable or unwilling to make timely interest and/or principal payments when due or otherwise honor their obligations. Changes in an issuer&#8217;s credit rating or the market&#8217;s perception of an issuer&#8217;s creditworthiness may also adversely affect the value of the Fund&#8217;s or an Underlying Fund's investment in that issuer. The degree of credit risk depends on an issuer's or counterparty's financial condition and on the terms of an obligation.<br/><br/><b>Currency Risk.</b> Because the Fund's and the Underlying Funds' NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which an Underlying Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Custody Risk.</b> Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund or the Underlying Funds, the Funds' or the Underlying Funds' adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Dividend-Paying Stock Risk.</b> The Fund&#8217;s and an Underlying Fund's emphasis on dividend-paying stocks involves the risk that such stocks may fall out of favor with investors and underperform the broader market. Also, there is no guarantee that issuers of the stocks held by the Fund or an Underlying Fund will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time.<br/><br/><b>Dividend Risk.</b> There is no guarantee that issuers of the stocks held by the Fund or an Underlying Fund will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which an Underlying Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact an Underlying Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund or an Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or an Underlying Fund's investments in the affected region.<br/><br/><b>High Yield Securities Risk. </b>Securities that are rated below investment-grade (commonly referred to as &#8220;junk bonds,&#8221; which may include those bonds rated below &#8220;BBB-&#8221; by S&amp;P Global Ratings, a subsidiary of S&amp;P Global, Inc. (&#8220;S&amp;P Global Ratings&#8221;) and Fitch Ratings, Inc. (&#8220;Fitch&#8221;) or &#8220;Baa3&#8221; by Moody's Investors Service, Inc. (&#8220;Moody's&#8221;)), or are unrated, may be deemed speculative, may involve greater levels of risk than higher-rated securities of similar maturity and may be more likely to default.<br/><br/><b>Income Risk. </b>The Fund's income may decline if interest rates fall. This decline in income can occur because the Fund or an Underlying Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, are near maturity or are called, bonds in the Underlying Index are substituted, or the Fund or an Underlying Fund otherwise needs to purchase additional bonds.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Interest Rate Risk.</b> An increase in interest rates may cause the value of securities held by the Fund or an Underlying Fund to decline, may lead to heightened volatility in the fixed-income markets and may adversely affect the liquidity of certain fixed-income investments. The historically low interest rate environment, together with recent modest rate increases, heightens the risks associated with rising interest rates.<br/><br/><b>Investment in Underlying Funds Risk.</b> The Fund expects to invest substantially all of its assets in the Underlying Funds, so the Fund&#8217;s investment performance is directly related to the performance of the Underlying Funds. The Fund&#8217;s NAV will change with changes in the value of the Underlying Funds and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Funds.<br/><br/>As the Underlying Funds, or the Fund&#8217;s allocations among the Underlying Funds, change from time to time, or to the extent that the total annual fund operating expenses of any Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund and the Underlying Funds have exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund and the Underlying Funds could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund and the Underlying Funds face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S OR THE UNDERLYING FUNDS' SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>Model Risk.</b> Neither the Fund nor BFA can offer assurances that the Underlying Index's allocation model will achieve its intended results or maximize returns or minimize risk, or be appropriate for every investor seeking a particular risk profile.<br/><br/><b>Mortgage REITs Risk. </b>Mortgage REITs are exposed to risks specific to the real estate market, including, among others, credit risk, interest rate risk and leverage risk.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund or the Underlying Funds trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s or an Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s or an Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s or an Underlying Fund's NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Issuers Risk. </b>Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund and the Underlying Funds may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.<br/><br/><b>Operational Risk.</b> The Fund and the Underlying Funds are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Funds and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund and the Underlying Funds are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Privately-Issued Securities Risk. </b>The Fund or the Underlying Funds may invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the &#8220;1933 Act&#8221;). Privately-issued securities are securities that have not been registered under the 1933 Act and as a result may be subject to legal restrictions on resale. Privately-issued securities are generally not traded on established markets. As a result of the absence of a public trading market, privately issued securities may be deemed to be illiquid investments, may be more difficult to value than publicly traded securities and may be subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.<br/><br/><b>Privatization Risk.</b> Some countries in which the Fund or an Underlying Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br/><br/><b>Reinvestment Risk.</b> The Fund or an Underlying Fund may invest a portion of its assets in short-term fixed-income instruments and, as a result, may be adversely affected if interest rates fall because they may have to invest in lower-yielding bonds as bonds mature.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund or an Underlying Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments.<br/><br/><b>Risk of Investing in Emerging Markets.</b> Investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.<br/><br/><b>Risk of Investing in Russia. </b>Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the &#8220;EU&#8221;), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia&#8217;s economy and Russian issuers of securities in which an Underlying Fund invests.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund or the Underlying Funds have exposure.<br/><br/><b>Savings Associations Risk. </b>Savings associations are affected by extensive regulations, interest rates, loan losses, decreased availability of money or asset valuation and market conditions. The historically low interest rate environment has created certain risks to savings associations as they continue to re-evaluate their business models and risk appetites to generate returns.<br/><br/><b>Securities Lending Risk. </b>The Fund or an Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Funds may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Funds could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Small-Capitalization Companies Risk.</b> Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.<br/><br/><b>Sovereign and Quasi-Sovereign Obligations Risk. </b>An Underlying Fund may invest in securities issued by or guaranteed by non-U.S. sovereign governments, which may be unable or unwilling to repay principal or interest when due. In times of economic uncertainty, the prices of these securities may be more volatile than those of corporate debt obligations or of other government debt obligations.<br/><br/><b>Structural Risk.</b> The countries in which the Underlying Funds invest may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tax Risk.</b> Because the Fund is expected to invest in the Underlying Funds, the Fund&#8217;s realized losses on sales of shares of an Underlying Fund may be indefinitely or permanently deferred as &#8220;wash sales.&#8221; Distributions of short-term capital gains by an Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund&#8217;s capital loss carryforwards, if any. Capital loss carryforwards of an Underlying Fund, if any, would not offset net capital gains of the Fund.<br/><br/><b>Tracking Error Risk.</b> The Fund and the Underlying Funds may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund and an underlying fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund and an underlying fund incurs fees and expenses, while the Underlying Index does not. The underlying funds are also subject to tracking error risk in seeking to track their own performance of the applicable underlying indexes.<br/><br/><b>U.S. Government Issuers Risk.</b> Obligations of U.S. government agencies and authorities are supported by varying degrees of credit, but generally are not backed by the full faith and credit of the U.S. government. Similar to other issuers, changes to the financial condition or credit rating of the U.S. government or U.S. government agencies and authorities may cause the value of the Fund's investments to decline.<br/><br/><b>Valuation Risk.</b> The price the Fund or an Underlying Fund could receive upon the sale of a security or other asset may differ from the Fund's or the Underlying Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's or an Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or an Underlying Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s or an Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 5.56% in the 1st quarter of 2014; the worst was -5.23% in the 2nd quarter of 2013.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). November 30, 2021 You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0025 0 0 0.0037 0.0062 -0.0002 0.006 61 194 342 770 0.0057 0.1015 -0.0477 0.0979 0.1087 -0.0475 -0.0475 0.0399 0.0432 2012-04-03 -0.0665 0.0204 0.0232 -0.0257 0.0234 0.0257 -0.0478 0.0396 0.0431 0.5 The Fund&#8217;s year-to-date return 2019-09-30 0.109 best 0.0556 2014-03-31 worst -0.0523 2013-06-30 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000373 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000376 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000374 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000377 column period compact * ~</div> iSHARES&#174; MSCI ACWI ETF Ticker: ACWI&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NASDAQ Investment Objective The iShares MSCI ACWI ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of large- and mid-capitalization developed and emerging market equities. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur &#8220;Acquired Fund Fees and Expenses.&#8221; Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 11% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI ACWI (the &#8220;Underlying Index&#8221;), which is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries. The Underlying Index may include large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and technology industries or sectors. The components of the Underlying Index are likely to change over time. As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czechia, Denmark, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, New Zealand, Norway, Pakistan, Peru, the Philippines, Poland, Portugal, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Arab Emirates, the United Kingdom (the &#8220;U.K.&#8221;) and the U.S. (together, the &#8220;ACWI countries&#8221;).<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk and U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Russia. </b>Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the &#8220;EU&#8221;), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia&#8217;s economy and Russian issuers of securities in which the Fund invests.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Technology Sector Risk.</b> Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 22.85% in the 2nd quarter of 2009; the worst was -17.70% in the 3rd quarter of 2011.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). November 30, 2021 You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0032 0 0 0.0001 0.0033 -0.0001 0.0032 33 104 183 416 0.3524 0.1232 -0.076 0.1599 0.2291 0.0464 -0.0239 0.0822 0.2435 -0.0915 -0.0915 0.0454 0.0959 2008-03-26 -0.096 0.0402 0.0919 -0.0506 0.0352 0.0796 -0.0942 0.0426 0.0946 0.11 The Fund&#8217;s year-to-date return 2019-09-30 0.1631 best 0.2285 2009-06-30 worst -0.177 2011-09-30 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000383 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000386 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000384 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000387 column period compact * ~</div> iSHARES&#174; MSCI ACWI ex U.S. ETF Ticker: ACWX&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NASDAQ Investment Objective The iShares MSCI ACWI ex U.S. ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of large- and mid-capitalization non-U.S. equities. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur &#8220;Acquired Fund Fees and Expenses.&#8221; Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 15% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI ACWI ex USA Index (the &#8220;Underlying Index&#8221;), which is a free float-adjusted market capitalization-weighted index designed to measure the combined equity market performance of developed and emerging markets countries, excluding the U.S. The Underlying Index may include large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time. As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czechia, Denmark, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, New Zealand, Norway, Pakistan, Peru, the Philippines, Poland, Portugal, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Arab Emirates and the United Kingdom (the &#8220;U.K.&#8221;) (together, the &#8220;ACWI ex U.S. countries&#8221;).<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Custody Risk.</b> Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk </b>and <b>European Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.<br/><br/><b>Risk of Investing in Russia. </b>Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the &#8220;EU&#8221;), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia&#8217;s economy and Russian issuers of securities in which the Fund invests.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 27.56% in the 2nd quarter of 2009; the worst was -20.23% in the 3rd quarter of 2011.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). November 30, 2021 You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0032 0 0 0.0002 0.0034 -0.0002 0.0032 33 105 187 427 0.4085 0.0963 -0.1401 0.1629 0.1521 -0.0396 -0.0572 0.0432 0.2704 -0.1409 -0.1409 0.0061 0.0625 2008-03-26 -0.1444 0.0014 0.0587 -0.0779 0.0062 0.0527 -0.142 0.0068 0.0657 0.15 The Fund&#8217;s year-to-date return 2019-09-30 0.1144 best 0.2756 2009-06-30 worst -0.2023 2011-09-30 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000393 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000396 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000394 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000397 column period compact * ~</div> iSHARES&#174; MSCI ACWI LOW CARBON TARGET ETF Ticker: CRBN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE ARCA Investment Objective The iShares MSCI ACWI Low Carbon Target ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of large and mid-capitalization developed and emerging market equities with a lower carbon exposure than that of the broad market. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 14% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI ACWI Low Carbon Target Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;). The Underlying Index is designed to address two dimensions of carbon exposure &#8211; carbon emissions and potential carbon emissions from fossil fuel reserves. By overweighting companies with low carbon emissions relative to sales and those with low potential carbon emissions from fossil fuel reserves relative to market capitalization, the Underlying Index aims to reflect a lower carbon exposure than that of the broad market. Carbon emissions and potential carbon emissions from fossil fuel reserves are measured based on an issuer&#8217;s reported data from annual reports, corporate social responsibility reports, the Carbon Disclosure Project, oil and gas industry bodies, and other relevant third-party sources. If an issuer does not report carbon emissions or potential carbon emissions from fossil fuel reserves, the data are estimated by MSCI using a proprietary model.<br/><br/>The Underlying Index is designed to achieve a target level of tracking relative to the MSCI ACWI Index (the &#8220;Parent Index&#8221;) while minimizing carbon exposure. The Underlying Index is a subset of the Parent Index that measures the combined equity market performance of developed and emerging market countries. The Parent Index serves as the universe of eligible securities for the Underlying Index. Securities included in the Parent Index are first assigned a &#8220;carbon exposure&#8221; measured in terms of the issuer&#8217;s greenhouse gas emissions (relative to the issuer&#8217;s annual sales, as measured by the most recent calendar year sales or closest fiscal year sales) and potential carbon emissions from fossil fuel reserves held by the issuer (per dollar of such issuer&#8217;s market capitalization, as measured during the semi-annual index review). The Underlying Index is then constructed using a process that aims to achieve replicability and investability, subject to the following objective and constraints: (i) minimize carbon exposure subject to a tracking error constraint of 30 basis points relative to the Parent Index; (ii) the maximum weight of an Underlying Index constituent may not be greater than 20 times its weight in the Parent Index; (iii) country weights in the Underlying Index may not deviate more than 2% from the country weights in the Parent Index; and (iv) sector weights in the Underlying Index may not deviate more than 2% from the sector weights in the Parent Index, with the exception of the energy sector, where there is no weight constraint applied. The Underlying Index may still include significant exposure to large companies that have proportionately greater carbon exposure relative to smaller companies with lower carbon exposure due to the Underlying Index&#8217;s constraints on deviating from the market capitalization of Parent Index constituents.<br/><br/>The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and technology industries or sectors. The components of the Underlying Index are likely to change over time. As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czechia, Denmark, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, New Zealand, Norway, Peru, the Philippines, Poland, Portugal, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Arab Emirates, the United Kingdom (the &#8220;U.K.&#8221;) and the U.S. (together, the &#8220;ACWI countries&#8221;). The lower carbon exposure sought by the Underlying Index may have no impact on (or no correlation with) the investment performance of the Fund.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Calculation Methodology Risk. </b>The Underlying Index relies on various sources of information to assess the carbon exposure of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index&#8217;s carbon exposure calculation methodology or sources of information will provide an accurate assessment of an issuer&#8217;s actual and potential carbon emissions.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Low Carbon Exposure Investment Strategy Risk.</b> The Fund&#8217;s strategy of investing in securities of companies with low carbon exposure limits the type and number of investment opportunities available to the Fund and, as a result, the Fund may underperform other funds that do not seek to minimize carbon exposure. The Fund&#8217;s low carbon exposure investment strategy may result in the Fund investing in securities or industry sectors that underperform the market.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk</b> and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Russia. </b>Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund&#8217;s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the &#8220;EU&#8221;), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia&#8217;s economy and Russian issuers of securities in which the Fund invests.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Technology Sector Risk.</b> Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 7.32% in the 1st quarter of 2017; the worst was -12.64% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.002 0 0 0.002 20 64 113 255 -0.0134 0.0764 0.2371 -0.0939 -0.0939 0.0412 2014-12-08 -0.0989 0.0358 -0.0516 0.0315 -0.0978 0.0377 0.14 The Fund&#8217;s year-to-date return 2019-09-30 0.172 best 0.0732 2017-03-31 worst -0.1264 2018-12-31 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000403 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000406 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000404 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000407 column period compact * ~</div> iSHARES&#174; MSCI ALL COUNTRY ASIA ex JAPAN ETF Ticker: AAXJ&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NASDAQ Investment Objective The iShares MSCI All Country Asia ex Japan ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of Asian equities, excluding Japan. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur &#8220;Acquired Fund Fees and Expenses.&#8221; Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 17% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI AC Asia ex Japan Index (the &#8220;Underlying Index&#8221;), which, as of July 31, 2019, is a free float-adjusted market capitalization index designed to measure equity market performance of securities from the following 11 developed and emerging market countries or regions: China, Hong Kong, India, Indonesia, Malaysia, Pakistan, the Philippines, Singapore, South Korea, Taiwan and Thailand. The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and technology industries or sectors. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund invests all of its assets that are invested in India through a wholly-owned subsidiary located in the Republic of Mauritius (the &#8220;Subsidiary&#8221;). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term &#8220;Fund,&#8221; as used in this Prospectus, means the Fund and/or the Subsidiary, as applicable.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Custody Risk.</b> Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Lack of Natural Resources Risk.</b> Certain economies to which the Fund may be exposed have few natural resources. Any fluctuation or shortage in the commodity markets could have a negative impact on those economies.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Security Risk, Asian Structural Risk </b>and <b>Risk of Investing in Asia</b><br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Privatization Risk.</b> Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Risk of Investing in Asia </b>and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Asia.</b> Investments in securities of issuers in certain Asian countries involve risks that are specific to Asia, including certain legal, regulatory, political and economic risks. Certain Asian countries have experienced expropriation and/or nationalization of assets, confiscatory taxation, political instability, armed conflict and social instability as a result of religious, ethnic, socio-economic and/or political unrest. In particular, escalated tensions involving North Korea and any outbreak of hostilities involving North Korea, or even the threat of an outbreak of hostilities, could have a severe adverse effect on Asian economies. Some economies in this region are dependent on a range of commodities, and are strongly affected by international commodity prices and particularly vulnerable to price changes for these products. The market for securities in this region may also be directly influenced by the flow of international capital, and by the economic and market conditions of neighboring countries. Many Asian economies have experienced rapid growth and industrialization, and there is no assurance that this growth rate will be maintained. Some Asian economies are highly dependent on trade, institution of tariffs or other trade barriers and economic conditions in other countries can impact these economies.<br/><br/><b>Risk of Investing in China. </b>Investments in Chinese securities, including certain Hong Kong-listed securities, subject the Fund to risks specific to China. Investments in certain Hong Kong-listed securities may also subject the Fund to exposure to Chinese companies. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the last few decades, the Chinese government has undertaken reform of economic and market practices and has expanded the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. China has experienced security concerns, such as terrorism and strained international relations. Additionally, China is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Chinese government or Chinese companies, may impact China&#8217;s economy and Chinese issuers of securities in which the Fund invests. Incidents involving China's or the region's security may cause uncertainty in Chinese markets and may adversely affect the Chinese economy and the Fund's investments. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of additional tariffs or other trade barriers (including as a result of heightened trade tensions between China and the U.S., or in response to actual or alleged Chinese cyber activity) or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.<br/><br/><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.<br/><br/><b>Risk of Investing in India.</b> Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Security Risk.</b> Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Technology Sector Risk.</b> Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Treaty/Tax Risk.</b> The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (&#8220;DTAA&#8221;) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, the Fund may continue to invest in the Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 33.18% in the 2nd quarter of 2009; the worst was -21.10% in the 3rd quarter of 2011.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the &#8220;Prospectus&#8221;). November 30, 2021 You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0068 0 0 0 0.0068 0 0.0068 69 218 379 847 0.7091 0.1552 -0.2001 0.2139 0.0248 0.0393 -0.0985 0.0483 0.4052 -0.1481 -0.1481 0.0329 0.0873 2008-08-13 -0.1513 0.0283 0.0836 -0.0838 0.0254 0.0722 -0.1437 0.0402 0.1009 0.17 The Fund&#8217;s year-to-date return 2019-09-30 0.0522 0.3318 2009-06-30 worst -0.211 2011-09-30 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000413 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000416 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000414 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000417 column period compact * ~</div> iSHARES&#174; MSCI CHINA A ETF Ticker: CNYA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: Cboe BZX Investment Objective The iShares MSCI China A ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of domestic Chinese equities that trade on the Shanghai or Shenzhen Stock Exchange. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 44% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI China A Inclusion Index (the &#8220;Underlying Index&#8221;), which is designed to measure the equity market performance in the People&#8217;s Republic of China (&#8220;China&#8221; or the &#8220;PRC&#8221;), as represented by &#8220;A-shares&#8221; (as defined below) that are accessible through the Shanghai-Hong Kong Stock Connect program (&#8220;Shanghai Connect&#8221;) or the Shenzhen-Hong Kong Stock Connect program (&#8220;Shenzhen Connect,&#8221; and together with Shanghai Connect, &#8220;Stock Connect&#8221;). &#8220;A-shares&#8221; are equity securities of companies based in China that trade on the Shanghai Stock Exchange (&#8220;SSE&#8221;) and the Shenzhen Stock Exchange (&#8220;SZSE&#8221;).<br/><br/>The Underlying Index is designed to track the inclusion of A-shares in the MSCI Emerging Markets Index over time and is constructed by MSCI, Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;) by applying eligibility criteria for the MSCI Global Investable Market Indexes (&#8220;GIMI&#8221;), and then excluding mid- and small-capitalization A-shares (as determined by MSCI), A-shares suspended for trading for more than 50 days in the past 12 months and A-shares that are not accessible through Stock Connect. The Underlying Index is weighted by each issuer&#8217;s free float-adjusted market capitalization available to foreign investors and includes only large-capitalization companies, as determined by MSCI. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>The Fund intends to invest in A-shares included in the Underlying Index primarily through Stock Connect. Stock Connect is a securities trading and clearing program with an aim to achieve mutual stock market access between the PRC and Hong Kong. Stock Connect was developed by Hong Kong Exchanges and Clearing Limited, the SSE (in the case of Shanghai Connect) or the SZSE (in the case of Shenzhen Connect), and China Securities Depository and Clearing Corporation Limited (&#8220;CSDCC&#8221;). Under Stock Connect, the Fund&#8217;s trading of eligible A-shares listed on the SSE or the SZSE, as applicable, would be effectuated through its Hong Kong brokers. Trading through Stock Connect is subject to a daily quota (the &#8220;Daily Quota&#8221;), which limits the maximum net purchases under Stock Connect each day, and as such, buy orders for A-shares would be rejected once the Daily Quota is exceeded (although the Fund will be permitted to sell A-shares regardless of the Daily Quota balance). The Daily Quota is not specific to the Fund. From time to time, other stock exchanges in China may participate in Stock Connect, and A-shares listed and traded on such other stock exchanges and accessible through Stock Connect may be added to the Underlying Index, as determined by MSCI.<br/><br/>Foreign investment in A-shares is also permitted through regulations in the PRC known as the Renminbi Qualified Foreign Institutional Investor (&#8220;RQFII&#8221;) system. Under certain circumstances, including when the Fund&#8217;s ability to invest in A-shares through Stock Connect is restricted as a result of the Daily Quota or otherwise, the Fund may invest directly in A-shares under the RQFII system.<br/><br/>While the Fund seeks to invest in A-shares, the Fund occasionally may invest in other assets consistent with its investment strategies if it is not possible to acquire A-shares.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>A-Share Market Suspension Risk.</b> The A-shares market can have a higher propensity for trading suspensions than many other global equity markets. Trading suspensions in certain stocks could lead to greater market execution risk, valuation risks, liquidity risks and costs for the Fund, and the creation and redemption of Creation Units (as defined below) may also be disrupted.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Assets Under Management (AUM) Risk.</b> From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)), a third-party investor, the Fund&#8217;s adviser or an affiliate of the Fund&#8217;s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There<b> </b>can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Cash Transactions Risk. </b>The Fund expects to effect all of its creations and redemptions for cash, rather than in-kind securities. As a result, the Fund may have to sell portfolio securities at inopportune times in order to obtain the cash needed to meet redemption orders. This may cause the Fund to sell a security and recognize a capital gain or loss that might not have been incurred if it had made a redemption in-kind. The use of cash creations and redemptions may also cause the Fund&#8217;s shares to trade in the market at wider bid-ask spreads or greater premiums or discounts to the Fund&#8217;s NAV.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk</b>. The Fund&#8217;s assets will be invested primarily in domestic Chinese equities and the income received by the Fund will be primarily in renminbi (&#8220;RMB&#8221;). Because the Fund&#8217;s NAV is determined on the basis of the U.S. dollar, investors may lose money if the RMB depreciates against the U.S. dollar, even if the local currency values of the Fund&#8217;s holdings in Chinese securities increase. Furthermore, the Fund may incur costs in connection with conversions between U.S. dollars and RMB, as well as in connection with conversions between the two separate types of RMB, the onshore RMB (&#8220;CNY&#8221;) and the offshore RMB (&#8220;CNH&#8221;). The Fund does not intend to hedge its currency exposure.<br/><br/>While transactions with Authorized Participants will be in U.S. dollars, the Fund&#8217;s transactions in A-shares through Stock Connect not in connection with creation or redemption activity generally will be in CNH. To the extent the Fund transacts in A-shares under the RQFII regime, such transactions will be in CNY. CNY and CNH are traded in separate markets that operate independently, may trade at different rates and may not move in the same direction. The Underlying Index uses CNH to value its component securities, and the CNH exchange rate will be used for purposes of determining the Fund&#8217;s NAV. To the extent that the Fund invests in A-shares under the RQFII regime, or income received by the Fund is in CNY, and the CNY exchange rate differs from the CNH exchange rate, the Fund&#8217;s NAV and its ability to track the Underlying Index may be adversely impacted.<br/><br/>In addition, there is no assurance that there will always be sufficient amounts of RMB available for the Fund to remain fully invested in Chinese equities. The Chinese government heavily regulates the domestic exchange of foreign currencies and RMB exchange rates in China, which may adversely affect the operations and financial results of the Fund&#8217;s investments in China.<br/><br/><b>Custody Risk.</b> Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. Chinese financials sector regulation and ownership may be more intrusive than in the U.S. and other developed countries, especially with respect to the regulation of non-Chinese banks and other non-Chinese financial companies. Greater Chinese governmental involvement in the financials sector may pose additional risks for investors. Market conditions in China may be particularly subject to change based on government policy. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in the region in which the Fund invests, which could affect the economy or particular business operations of companies in the region, causing an adverse impact on the Fund&#8217;s investments.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Timing Risk.</b> The Fund is subject to the risk that an Authorized Participant may create or redeem shares of the Fund at a net asset value that does not take into account events subsequent to the local China market close and therefore may not appropriately reflect the intrinsic value of the Fund&#8217;s assets.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Nationalization Risk.</b> Investments in China may be subject to loss due to expropriation or nationalization of assets and property or the imposition of restrictions on foreign investments and repatriation of capital.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in Chinese issuers are subject to the risks associated with investing in China, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of Chinese securities or Chinese markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Privatization Risk.</b> China has privatized, or has begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in a country whose economy is heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk</b> and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in China. </b>Investments in Chinese securities subject the Fund to risks specific to China. Investments in certain Hong Kong-listed securities may also subject the Fund to exposure to Chinese companies. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the last few decades, the Chinese government has undertaken reform of economic and market practices and has expanded the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. China has experienced security concerns, such as terrorism and strained international relations. Additionally, China is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Chinese government or Chinese companies, may impact China&#8217;s economy and Chinese issuers of securities in which the Fund invests. Incidents involving China's or the region's security may cause uncertainty in Chinese markets and may adversely affect the Chinese economy and the Fund's investments. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of additional tariffs or other trade barriers (including as a result of heightened trade tensions between China and the U.S., or in response to actual or alleged Chinese cyber activity) or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.<br/><br/><b>Risk of Investing in Emerging Markets.</b> The Fund's investments in China may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.<br/><br/><b>Risk of Investing through Stock Connect.</b> Investing in A-shares through Stock Connect is subject to trading, clearance, settlement and other procedures, which could pose risks to the Fund. Trading through Stock Connect is subject to the Daily Quota, which may restrict the Fund&#8217;s ability to invest in A-shares through Stock Connect on a timely basis and could affect the Fund&#8217;s ability to effectively pursue its investment strategy. Stock Connect will only operate on days when both the Chinese and Hong Kong markets are open for trading and when banking services are available in both markets on the corresponding settlement days. Therefore, an investment in A-shares through Stock Connect may subject the Fund to the risk of price fluctuations on days when the Chinese markets are open, but Stock Connect is not trading.<br/><br/><b>Structural Risk.</b> The country in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tax Risk. </b>A 10% PRC withholding tax is applicable to the payment of dividends and interest to foreign investors by PRC-listed companies. Withholding tax, as a technical matter, is legally applicable to capital gains realized by foreign investors on the disposal of A-shares under the PRC Corporate Income Tax (&#8220;CIT&#8221;); however, before the release of Caishui (&#8220;Circular&#8221;) 79 by the PRC tax authorities, the PRC tax authorities had not in practice been reported to have sought to collect such withholding tax on capital gains realized by foreign investors on the disposal of A-shares. Under Circular 79, which was released by the PRC tax authorities on November 14, 2014, capital gains realized on or after November 17, 2014 by Qualified Foreign Institutional Investors (&#8220;QFIIs&#8221;) and RQFIIs from the disposal of A-shares, including PRC &#8220;land-rich&#8221; companies (i.e., companies that have derived more than 50% of their value from immovable property located in the PRC at any time in the three years prior to the disposal) are temporarily exempt from Chinese taxation. A second notice was issued the same day providing that the capital gain from disposal of A-shares by foreign investor enterprises through Stock Connect will be temporarily exempt from Chinese taxation. The duration of the exemption is not stated in these notices and it is subject to termination by the PRC tax authorities with or without notice. If the exemption is withdrawn or modified, there is a risk that the PRC tax authorities may seek to collect tax on capital gains realized on the Fund&#8217;s investments in A-shares or other Chinese investments. If the temporary exemption is withdrawn, the Fund would be subject to PRC taxation in respect of gains on A-shares and the resultant tax liability would adversely affect the Fund&#8217;s NAV.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. <b>INDEX ETFS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX ETFS THAT DO NOT TRACK SUCH INDICES.</b><br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the period shown above was 7.96% in the 3rd quarter of 2017; the worst was -12.97% in the 2nd quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0065 0 0 0.0065 66 208 362 810 0.2915 -0.2627 -0.2627 -0.0017 2016-06-13 -0.2684 -0.0062 -0.1499 0.0003 -0.285 -0.0272 0.44 The Fund&#8217;s year-to-date return 2019-09-30 0.2281 0.0796 2017-09-30 worst -0.1297 2018-06-30 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000423 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000426 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000424 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000427 column period compact * ~</div> iSHARES&#174; MSCI EAFE ETF Ticker: EFA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares MSCI EAFE ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of large- and mid-capitalization developed market equities, excluding the U.S. and Canada. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 4% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI EAFE Index (the &#8220;Underlying Index&#8221;), which has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;) to measure the equity market performance of developed markets outside of the U.S. and Canada. The Underlying Index includes stocks from Europe, Australasia and the Far East and, as of July 31, 2019, consisted of securities from the following 21 developed market countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;). The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally invests at least 90% of its assets in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index. The Fund may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and <b>Middle Eastern Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Japan.</b> The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan&#8217;s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan&#8217;s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 25.45% in the 2nd quarter of 2009; the worst was -18.98% in the 3rd quarter of 2011.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0032 0 0 0.0032 33 103 180 406 0.314 0.0753 -0.1218 0.1722 0.2262 -0.0504 -0.009 0.0096 0.2494 -0.1383 -0.1383 0.0045 0.062 2001-08-14 -0.1428 -0.0009 0.0576 -0.075 0.0052 0.0523 -0.1379 0.0053 0.0632 0.04 The Fund&#8217;s year-to-date return 2019-09-30 0.128 best 0.2545 2009-06-30 worst -0.1898 2011-09-30 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000433 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000436 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000434 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000437 column period compact * ~</div> iSHARES&#174; MSCI EAFE GROWTH ETF Ticker: EFG&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: Cboe BZX Investment Objective The iShares MSCI EAFE Growth ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of developed market equities, excluding the U.S. and Canada, that exhibit growth characteristics. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 22% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI EAFE Growth Index (the &#8220;Underlying Index&#8221;), which is a subset of the MSCI EAFE Index. The MSCI EAFE Index has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;) to measure the equity market performance of developed markets outside of the U.S. and Canada.<br/><br/>Constituents of the Underlying Index include securities of companies located in Europe, Australasia and the Far East. The Underlying Index generally represents approximately 50% of the free float-adjusted market capitalization of the MSCI EAFE Index and consists of those securities classified by MSCI as most representing the growth style. Securities classified in this style generally tend to have higher growth characteristics (i.e., higher long-term forward earnings-per-share (&#8220;EPS&#8221;) growth rate, short-term forward EPS growth rate, current internal growth rate and long-term historical EPS growth trend and long-term historical sales per share growth trend). MSCI uses a specialized framework to attribute both value and growth style characteristics to each security within the MSCI EAFE Index. Each security is evaluated based on certain value factors and growth factors, which are then used to calculate a value score and a growth score. Based upon these two scores, MSCI determines the extent to which each security is assigned to the value or growth style. It is possible for a single security to have representation in both the value and growth style indexes; however, no more than 100% of a security&#8217;s float-adjusted market capitalization will be included within the combined style framework. The Underlying Index may include large- or mid-capitalization companies.<br/><br/>As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the consumer staples, healthcare and industrials industries or sectors. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally invests at least 90% of its assets in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index. The Fund may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Consumer Staples Sector Risk.</b> The consumer staples sector may be affected by, among other things, marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Growth Securities Risk.</b> The Fund invests in growth securities, which may be more volatile than other types of investments, may perform differently than the market as a whole and may underperform when compared to securities with different investment parameters. Under certain market conditions, growth securities have performed better during the later stages of economic recovery (although there is no guarantee that they will continue to do so). Therefore, growth securities may go in and out of favor over time.<br/><br/><b>Healthcare Sector Risk.</b> The profitability of companies in the healthcare sector may be affected by government regulations and government healthcare programs, increases or decreases in the cost of medical products and services, an increased emphasis on outpatient services, and product liability claims, among other factors. Many healthcare companies are heavily dependent on patent protection, and the expiration of a company&#8217;s patent may adversely affect that company&#8217;s profitability. Healthcare companies are subject to competitive forces that may result in price discounting, and may be thinly capitalized and susceptible to product obsolescence.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Industrials Sector Risk.</b> Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and <b>Middle Eastern Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk</b>, <b>European Economic Risk</b> and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Japan.</b> The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan&#8217;s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan&#8217;s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 21.30% in the 2nd quarter of 2009; the worst was -18.98% in the 3rd quarter of 2011.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.004 0 0 0.004 41 128 224 505 0.2917 0.1192 -0.1228 0.1654 0.2215 -0.0465 0.0374 -0.0334 0.285 -0.1302 -0.1302 0.0134 0.0679 2005-08-01 -0.1327 0.0103 0.0652 -0.0728 0.0117 0.0568 -0.1283 0.0162 0.0707 0.22 The Fund&#8217;s year-to-date return 2019-09-30 0.178 0.213 2009-06-30 worst -0.1898 2011-09-30 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000443 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000446 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000444 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000447 column period compact * ~</div> iSHARES&#174; MSCI EAFE SMALL-CAP ETF Ticker: SCZ&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NASDAQ Investment Objective The iShares MSCI EAFE Small-Cap ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of small-capitalization developed market equities, excluding the U.S. and Canada. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 10% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI EAFE Small Cap Index (the &#8220;Underlying Index&#8221;), which represents the small-capitalization segment of the MSCI EAFE IMI Index. The MSCI EAFE IMI Index is an equity index developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;) that captures large-, mid- and small-capitalization representation across developed markets outside of the U.S. and Canada. Constituents of the Underlying Index include securities from Europe, Australasia and the Far East. Under MSCI&#8217;s Global Investable Market Index (IMI) methodology, the small-capitalization universe consists of securities of those companies not included in the large-capitalization or mid-capitalization segments of a particular market, which together comprise approximately 85% of each market&#8217;s free float-adjusted market capitalization.<br/><br/>As of July 31, 2019, the Underlying Index consisted of securities from the following 21 developed market countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;). The small-cap segment covers the 85%-99% range of each market&#8217;s free float-adjusted market capitalization. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the industrials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Industrials Sector Risk.</b> Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and <b>Middle Eastern Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Japan.</b> The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan&#8217;s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan&#8217;s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Small-Capitalization Companies Risk.</b> Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 34.30% in the 2nd quarter of 2009; the worst was -18.10% in the 3rd quarter of 2011.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.004 0 0 0.004 41 128 224 505 0.4638 0.2235 -0.1491 0.1985 0.2922 -0.0502 0.0916 0.0242 0.3251 -0.178 -0.178 0.0296 0.1056 2007-12-10 -0.1821 0.0238 0.0995 -0.1005 0.023 0.0873 -0.1789 0.0306 0.1051 0.1 The Fund&#8217;s year-to-date return 2019-09-30 0.1211 0.343 2009-06-30 worst -0.181 2011-09-30 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000453 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000456 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000454 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000457 column period compact * ~</div> iSHARES&#174; MSCI EAFE VALUE ETF Ticker: EFV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: Cboe BZX Investment Objective The iShares MSCI EAFE Value ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of developed market equities, excluding the U.S. and Canada, that exhibit value characteristics. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. <br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 21% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI EAFE Value Index (the &#8220;Underlying Index&#8221;), which is a subset of the MSCI EAFE Index. The MSCI EAFE Index has been developed by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;) to measure the equity market performance of developed markets outside of the U.S. and Canada.<br/><br/>Constituents of the Underlying Index include securities from Europe, Australasia and the Far East. The Underlying Index targets approximately 50% coverage of the free float-adjusted market capitalization of the MSCI EAFE Index and consists of those securities classified by MSCI as most representing the value style of investing. Securities classified in this style generally tend to have higher value characteristics (i.e., higher book value to price, 12-month forward earnings to price and dividend yield). MSCI uses a specialized framework to attribute both value and growth style characteristics to each security within the MSCI EAFE Index. Each security is evaluated based on certain value factors and growth factors, which are then used to calculate a value score and growth score. Based upon these two scores, MSCI determines the extent to which each security is assigned to the value or growth style. It is possible for a single security to have representation in both the value and growth style indexes; however, no more than 100% of a security&#8217;s float-adjusted market capitalization will be included within the combined style framework. The Underlying Index may include large- or mid-capitalization companies.<br/><br/>As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally invests at least 90% of its assets in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index. The Fund may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Dividend Risk.</b> There is no guarantee that issuers of the stocks held by the Fund will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer. <br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV. <br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and <b>Middle Eastern Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>Asian Economic Risk, European Economic Risk </b>and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Japan.</b> The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan&#8217;s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan&#8217;s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.<br/><br/><b>Risk of Investing in the U.K.</b> Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.&#8217;s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the European Union (the &#8220;EU&#8221;) (&#8220;Brexit&#8221;). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. <br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.<br/><br/><b>Value Securities Risk.</b> Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. Value securities have generally performed better than non-value securities during periods of economic recovery (although there is no assurance that they will continue to do so). Value securities may go in and out of favor over time. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 29.73% in the 2nd quarter of 2009; the worst was -19.02% in the 3rd quarter of 2011. <br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0039 0 0 0.0039 40 125 219 493 0.338 0.0318 -0.1224 0.1752 0.2261 -0.0565 -0.0589 0.0487 0.2122 -0.1488 -0.1488 -0.008 0.0531 2005-08-01 -0.1548 -0.0149 0.0475 -0.079 -0.0038 0.0456 -0.1478 -0.0061 0.055 0.21 The Fund&#8217;s year-to-date return 2019-09-30 0.0766 0.2973 2009-06-30 worst -0.1902 2011-09-30 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000463 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000466 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000464 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000467 column period compact * ~</div> iSHARES&#174; MSCI EUROPE FINANCIALS ETF Ticker: EUFN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NASDAQ Investment Objective The iShares MSCI Europe Financials ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of developed market European equities in the financials sector. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 5% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI Europe Financials Index (the &#8220;Underlying Index&#8221;), which is a free float-adjusted market capitalization-weighted index designed to measure the combined equity market performance of the financials sector of developed market countries in Europe, as defined by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;). The Underlying Index may include large- or mid-capitalization companies.<br/><br/>As of July 31, 2019, the Underlying Index consisted of securities from the following countries: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;) (together, the &#8220;Europe financials sector countries&#8221;). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industries or sectors. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Dividend Risk.</b> There is no guarantee that issuers of the stocks held by the Fund will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>European Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>European Economic Risk </b>and <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Europe.</b> The Fund is more exposed to the economic and political risks of Europe and of the European countries in which it invests than funds whose investments are more geographically diversified. Adverse economic and political events in Europe may cause the Fund&#8217;s investments to decline in value. The economies and markets of European countries are often closely connected and interdependent, and events in one country in Europe can have an adverse impact on other European countries. The Fund makes investments in securities of issuers that are domiciled in, or have significant operations in, member states of the European Union (the &#8220;EU&#8221;) that are subject to economic and monetary controls that can adversely affect the Fund&#8217;s investments. The European financial markets have experienced volatility and adverse trends in recent years and these events have adversely affected the exchange rate of the euro and may continue to significantly affect other European countries.<br/><br/><b>Risk of Investing in the U.K.</b> Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.&#8217;s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the EU (&#8220;Brexit&#8221;). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 18.07% in the 1st quarter of 2012; the worst was -30.66% in the 3rd quarter of 2011.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0048 0 0 0.0048 49 154 269 604 -0.2649 0.3315 0.3048 -0.0787 -0.0501 -0.0312 0.2716 -0.2318 -0.2318 -0.037 -0.0042 2010-01-20 -0.2388 -0.0433 -0.0091 -0.1252 -0.0244 -0.0002 -0.2313 -0.0351 -0.0024 0.05 The Fund&#8217;s year-to-date return 2019-09-30 0.0774 0.1807 2012-03-31 worst -0.3066 2011-09-30 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000473 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000476 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000474 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000477 column period compact * ~</div> iSHARES&#174; MSCI EUROPE SMALL-CAP ETF Ticker: IEUS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NASDAQ Investment Objective The iShares MSCI Europe Small-Cap ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of small-capitalization developed market equities in Europe. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 17% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI Europe Small Cap Index (the &#8220;Underlying Index&#8221;), which is a free float-adjusted, market capitalization-weighted index that captures small-capitalization representation across the 15 developed market countries in Europe, as defined by MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;). The Underlying Index covers approximately 14% of the free float-adjusted market capitalization in the European equity markets. As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom (the &#8220;U.K.&#8221;). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the industrials industry or sector. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Industrials Sector Risk.</b> Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>European Economic Risk</b>.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>European Economic Risk </b>and<b> U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in Europe.</b> The Fund is more exposed to the economic and political risks of Europe and of the European countries in which it invests than funds whose investments are more geographically diversified. Adverse economic and political events in Europe may cause the Fund&#8217;s investments to decline in value. The economies and markets of European countries are often closely connected and interdependent, and events in one country in Europe can have an adverse impact on other European countries. The Fund makes investments in securities of issuers that are domiciled in, or have significant operations in, member states of the European Union (the &#8220;EU&#8221;) that are subject to economic and monetary controls that can adversely affect the Fund&#8217;s investments. The European financial markets have experienced volatility and adverse trends in recent years and these events have adversely affected the exchange rate of the euro and may continue to significantly affect other European countries.<br/><br/><b>Risk of Investing in the U.K.</b> Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.&#8217;s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the EU (&#8220;Brexit&#8221;). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Small-Capitalization Companies Risk.</b> Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 33.62% in the 2nd quarter of 2009; the worst was -20.50% in the 3rd quarter of 2011.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.004 0 0 0.004 41 128 224 505 0.4558 0.2144 -0.1842 0.2117 0.2735 -0.0305 0.1085 -0.0179 0.3528 -0.1982 -0.1982 0.0274 0.0981 2007-11-12 -0.2026 0.0224 0.0927 -0.1118 0.0219 0.0815 -0.199 0.0276 0.1006 0.17 The Fund&#8217;s year-to-date return 2019-09-30 0.1215 0.3362 2009-06-30 worst -0.205 2011-09-30 best <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000483 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000486 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000484 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000487 column period compact * ~</div> iSHARES&#174; MSCI KOKUSAI ETF Ticker: TOK&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares MSCI Kokusai ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of developed market equities, excluding Japan. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 4% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the MSCI Kokusai Index (the &#8220;Underlying Index&#8221;), which is designed to measure equity market performance in those countries that MSCI Inc. (the &#8220;Index Provider&#8221; or &#8220;MSCI&#8221;) has classified as having developed economies, excluding Japan (&#8220;DEEJ&#8221;). As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom (the &#8220;U.K.&#8221;) and the U.S. The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and technology industries or sectors. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Financials Sector Risk.</b> Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to <b>European Economic Risk.</b><br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Reliance on Trading Partners Risk.</b> The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to <b>U.S. Economic Risk</b>.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Technology Sector Risk.</b> Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund&#8217;s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 20.44% in the 2nd quarter of 2009; the worst was -17.60% in the 3rd quarter of 2011.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). Average Annual Total Returns (for the periods ended December 31, 2018) You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. www.iShares.com 1-800-iShares (1-800-474-2737) (toll free) After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0025 0 0 0.0025 26 80 141 318 0.3298 0.1144 -0.0426 0.1687 0.2688 0.0598 -0.0154 0.0831 0.2251 -0.0812 -0.0812 0.0493 0.1035 2007-12-10 -0.0866 0.0427 0.0976 -0.0437 0.038 0.0852 -0.0831 0.047 0.1015 0.04 The Fund&#8217;s year-to-date return 2019-09-30 0.1839 best 0.2044 2009-06-30 worst -0.176 2011-09-30 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000493 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000496 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000494 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000497 column period compact * ~</div> iSHARES&#174; ROBOTICS AND ARTIFICIAL INTELLIGENCE MULTISECTOR ETF Ticker: IRBO&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Robotics and Artificial Intelligence Multisector ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of developed and emerging market companies that could benefit from the long-term growth and innovation in robotics technologies and artificial intelligence. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 35% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the NYSE<sup>&#174;</sup> FactSet<sup>&#174;</sup> Global Robotics and Artificial Intelligence Index<sup>TM</sup> (the &#8220;Underlying Index&#8221;), which measures the performance of equity securities across multiple sectors, including information technology, communication, industrials, consumer discretionary and healthcare, issued by companies involved in robotics and artificial intelligence activities (as determined by ICE Data Indices, LLC (the &#8220;Index Provider&#8221; or &#8220;IDI&#8221;)).<br/><br/>The Underlying Index is composed of equity securities of companies primarily listed in one of 43 developed or emerging market countries that are the most involved in, or exposed to, (as determined by the Index Provider) one of the 22 robotics and artificial intelligence-related FactSet<sup>&#174;</sup> Revere Business Industry Classification systems (&#8220;RBICS&#8221;) sub-industries. The Index Provider first conducts fundamental research to establish a universe of RBICS sectors that participate in providing robotics and/or artificial intelligence products and services, and that universe is further refined to include only the most relevant RBICS sub-sectors (as determined by the Index Provider) related to robotics and artificial intelligence activities (e.g., semiconductor manufacturing, software, internet and data services). The companies within these sub-sectors are then ranked based on the data and information in their public filings and disclosures (e.g., regulatory filings, earning transcripts, etc.) to arrive at the 22 most relevant RBICS sub-industries (as determined by RBICS) related to robotics and artificial intelligence activities, and the Underlying Index includes the companies that either (1) derive 50% of their revenues, or (2) have at least a 20% market share, or generate $1 billion or more in absolute annual revenues, from one of the 22 RBICS sub-industries with exposure to a robotics and artificial intelligence theme, as determined by the Index Provider. The Index Provider's methodology does not require that at least one company from each of the sub-industries be included in the Underlying Index. In addition, companies included in the Underlying Index may also operate business lines that generate revenue in other industries.<br/><br/>To be included in the Underlying Index, companies must also have a float-adjusted market capitalization of $500 million or greater, but existing constituents could remain in the Underlying Index if the company&#8217;s float-adjusted market capitalization is equal to or greater than $400 million. In addition, companies must have a three month average daily trading value (&#8220;ADTV&#8221;) of $2 million or greater, but existing constituents could remain in the Underlying Index if the company&#8217;s three-month ADTV is equal to or greater than $1.5 million. The component securities of the Underlying Index are equally weighted.<br/><br/>The Underlying Index will be reviewed and reconstituted annually in December each year. Constituent weights of the Underlying Index are rebalanced semi-annually.<br/><br/>As of July 31, 2019, the Underlying Index consisted of 86 issuers from the following 15 countries or regions: British Virgin Islands, Canada, Cayman Islands, France, Germany, Hong Kong, Ireland, Israel, Japan, Luxembourg, the Netherlands, South Korea, Taiwan, the United Kingdom (the &#8220;U.K.&#8221;) and the U.S. The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the industrials, semiconductor and technology industries or sectors. The components of the Underlying Index are likely to change over time.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by IDI which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Assets Under Management (AUM) Risk.</b> From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)), a third-party investor, the Fund&#8217;s adviser or an affiliate of the Fund&#8217;s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There<b> </b>can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Industrials Sector Risk.</b> Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>Mid-Capitalization Companies Risk.</b> Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.<br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Robotics &amp; Artificial Intelligence Risk.</b> Companies involved in, or exposed to, robotics and artificial intelligence-related businesses may have limited product lines, markets, financial resources or personnel. These companies face intense competition and potentially rapid product obsolescence, and many depend significantly on retaining and growing the consumer base of their respective products and services. Many of these companies are also reliant on the end-user demand of products and services in various industries that may in part utilize robotics and artificial intelligence. Further, many companies involved in, or exposed to, robotics and artificial intelligence-related businesses (as determined by the Index Provider) may be substantially exposed to the market and business risks of other industries or sectors, and the Fund may be adversely affected by negative developments impacting those companies, industries or sectors.<br/><br/>In addition, these companies are heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. There can be no assurance that companies involved in robotics and artificial intelligence will be able to successfully protect their intellectual property to prevent the misappropriation of their technology, or that competitors will not develop technology that is substantially similar or superior to such companies&#8217; technology. Legal and regulatory changes, particularly related information privacy and data protection, may have an impact on a company&#8217;s products or services. Robotics and artificial intelligence companies typically engage in significant amounts of spending on research and development, and there is no guarantee that the products or services produced by these companies will be successful. Robotics and artificial intelligence companies, especially smaller companies, tend to be more volatile than companies that do not rely heavily on technology.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Semiconductor Industry Risk.</b> Semiconductor companies may have limited product lines, markets, financial resources or personnel. Semiconductor companies typically face intense competition, potentially rapid product obsolescence and high capital costs. They are also heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. Semiconductor companies are also affected by the economic performance of their customers.<br/><br/><b>Small Fund Risk. </b>When the Fund&#8217;s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Technology Sector Risk.</b> Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.<br/><br/><b>Thematic Investing Risk.</b> The Fund relies on the Index Provider for the identification of securities for inclusion in the Underlying Index that reflect themes and sub-themes and its performance may suffer if such securities are not correctly identified or if a theme or sub-theme develops in an unexpected manner. Performance may also suffer if the stocks included in the Underlying Index do not benefit from the development of such themes or sub-themes. Performance may also be impacted by the inclusion of non-theme-relevant exposures in the Underlying Index. There is no guarantee that the Underlying Index will reflect the theme and sub-theme exposures intended.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.<br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information As of the date of this Prospectus, the Fund does not have a full calendar year of performance information to report. You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. As of the date of this Prospectus, the Fund does not have a full calendar year of performance information to report. 0.0047 0 0 0.0047 48 151 263 591 0.35 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000503 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000504 column period compact * ~</div> iSHARES SELF-DRIVING EV AND TECH ETF Ticker: IDRV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock Exchange: NYSE Arca Investment Objective The iShares Self-Driving EV and Tech ETF (the &#8220;Fund&#8221;) seeks to track the investment results of an index composed of developed and emerging market companies that may benefit from growth and innovation in and around electric vehicles, battery technologies and autonomous driving technologies. Fees and Expenses The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the &#8220;Trust&#8221;) and BlackRock Fund Advisors (&#8220;BFA&#8221;) (the &#8220;Investment Advisory Agreement&#8221;) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.<br/><br/>You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) Example. This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Portfolio Turnover. The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund&#8217;s performance. From inception, April 16, 2019, to the most recent fiscal year end, the Fund's portfolio turnover rate was 2% of the average value of its portfolio. Principal Investment Strategies The Fund seeks to track the investment results of the NYSE<sup>&#174;</sup> FactSet<sup>&#174;</sup> Global Autonomous Driving and Electric Vehicle Index<sup>TM</sup> (the &#8220;Underlying Index&#8221;), which measures the performance of equity securities issued by companies that produce autonomous driving vehicles, electric vehicles, batteries for electric vehicles, or technologies related to such products. The determination of inclusion in the Underlying Index is made by ICE Data Indices, LLC, or its affiliates (the &#8220;Index Provider&#8221; or &#8220;IDI&#8221;).<br/><br/>The Underlying Index is composed of equity securities of companies listed in one of 43 developed or emerging market countries that derive a certain specified percentage of their revenue from selected autonomous or electric vehicle-related industries, as defined by IDI. In addition to categorizing companies by the amount of revenue generated in these industries, the Underlying Index also includes companies that have made public filings or have obtained certification by government entities related to their autonomous driving research and development programs. Companies in these autonomous or electric vehicle related industries include (i) autonomous and electric vehicle manufacturers, (ii) autonomous driving technology companies, (iii) electric vehicle battery producers, (iv) electric vehicle battery materials producers, and (v) electric vehicle charging components producers.<br/><br/>Based on the Index Provider&#8217;s methodology and as determined by the Index Provider, companies included in the Underlying Index are comprised of:<br/><br/>(1)(a) companies that generate 50% or more of their revenue from the manufacturing of autonomous or electric vehicles (pure player autonomous or electric vehicle manufacturers) and (b) motor vehicle manufacturers that participate in the manufacturing or development of autonomous or electric vehicles, either because they made public filings or have obtained certification by government entities related to their autonomous driving research and development programs (ancillary autonomous driving vehicle manufacturers), or they are customers to external electric battery suppliers and/or producer of electric batteries themselves (ancillary player electric vehicle manufacturers);<br/><br/>(2) companies that in the aggregate generate 50% or more of their revenue from 42 selected automotive value chain industries and are a supplier to at least one autonomous driving company (autonomous driving technologies companies);<br/><br/>(3) companies that generate 10% or more of their revenue from electric battery manufacturing and are a supplier to at least one autonomous and electric vehicle manufacturer (electric vehicle battery producers);<br/><br/>(4) companies that generate 10% or more of their revenue from two lithium-exposed chemical industries (electric vehicle battery materials producers); and<br/><br/>(5) companies that in the aggregate generate 50% or more of their revenue from 42 selected automotive value chain industries and are a supplier to at least one electric vehicle manufacturer (electric vehicle charging and components producers).<br/><br/>The component securities of the Underlying Index are weighted by float adjusted market capitalization with individual securities capped at 4%.<br/><br/>The Underlying Index will be reviewed and reconstituted annually in December each year. Constituent weights of the Underlying Index are rebalanced semi-annually. The Underlying Index may include large-, mid- or small-capitalization companies.<br/><br/>As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the automotive, industrials, semiconductor and technology industries or sectors. The components of the Underlying Index are likely to change over time. The Underlying Index includes technology companies that are involved in or exposed to, self-driving or electric vehicle-related industries. These companies may not be exclusively or substantially exposed to the information technology industry and may be classified in the communication services, consumer discretionary, industrials or materials industries or sectors.<br/><br/>BFA uses a &#8220;passive&#8221; or indexing approach to try to achieve the Fund&#8217;s investment objective. Unlike many investment companies, the Fund does not try to &#8220;beat&#8221; the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.<br/><br/>Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.<br/><br/>BFA uses a representative sampling indexing strategy to manage the Fund. &#8220;Representative sampling&#8221; is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.<br/><br/>The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.<br/><br/>The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).<br/><br/>The Underlying Index is sponsored by IDI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.<br/><br/><b>Industry Concentration Policy.</b> The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. Summary of Principal Risks As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (&#8220;NAV&#8221;), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.<br/><br/><b>Asset Class Risk.</b> Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.<br/><br/><b>Assets Under Management (AUM) Risk.</b> From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the &#8220;Prospectus&#8221;)), a third-party investor, the Fund&#8217;s adviser or an affiliate of the Fund&#8217;s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There<b> </b>can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.<br/><br/><b>Authorized Participant Concentration Risk.</b> Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (&#8220;ETFs&#8221;), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.<br/><br/><b>Automotive Sub-Industry Risk. </b>The automotive sub-industry can be highly cyclical and companies in the automotive sub-industry may suffer periodic losses. Among other things, the automotive sub-industry is susceptible to labor disputes, economic downturns and increase in component and material prices. As a result, such risks, among others, may adversely affect the value of the Fund&#8217;s investments.<br/><br/><b>Autonomous Driving Sector Risk.</b> Companies involved in, or exposed to, autonomous driving-related businesses may have limited product lines, markets, financial resources or personnel. Autonomous driving technology is a relatively new technology and is subject to risks associated with a developing industry. These risks include intense competition, delays or other complications in connection with production, rapid product obsolescence, increased government regulation and market volatility. As a new technology, any product defects, delays in the implementation of full autonomous driving or legal restrictions could have an adverse effect on the businesses of autonomous driving companies. Such companies may not be exclusively or substantially exposed to the autonomous driving sector, but may be substantially exposed to the market and business risks of other industries or sectors, and the Fund may be adversely affected by negative developments impacting those companies, industries or sectors.<br/><br/>In addition, these companies may be adversely affected by loss or impairment of intellectual property rights. There can be no assurance that companies involved in autonomous driving technology will be able to successfully protect their intellectual property to prevent the misappropriation of their technology, or that competitors will not develop technology that is substantially similar or superior to such companies&#8217; technology. Autonomous driving companies typically engage in significant amounts of spending on research and development, and there is no guarantee that the products or services produced by these companies will be successful. These companies are also susceptible to litigation based on product liability claims and can be significantly affected by insurance costs. In addition, autonomous driving companies may not maintain as much insurance coverage as other types of companies and any insurance coverage may not be sufficient to cover all losses or claims.<br/><br/><b>Concentration Risk.</b> The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund&#8217;s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.<br/><br/><b>Consumer Cyclical Industry Risk. </b>Consumer cyclical companies rely heavily on business cycles and economic conditions. Consumer cyclical companies may be adversely affected by domestic and international economic downturns, changes in exchange and interest rates, competition, consumers&#8217; disposable income and preferences, social trends and marketing campaigns.<br/><br/><b>Currency Risk.</b> Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.<br/><br/><b>Cybersecurity Risk.</b> Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund&#8217;s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund&#8217;s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.<br/><br/><b>Electric Vehicles Sector Risk.</b> Companies involved in, or exposed to, electric vehicles-related businesses may have limited product lines, markets, financial resources or personnel. Electric vehicle technology is a relatively new technology and is subject to risks associated with a developing industry. These risks include intense competition, delays or other complications in connection with production, rapid product obsolescence, increased government regulation and market volatility. Many companies involved in, or exposed to, electric vehicles-related businesses depend significantly on retaining and growing the consumer base of their products and services. Such companies may not be exclusively or substantially exposed to the electric vehicles sector, but may be substantially exposed to the market and business risks of other industries or sectors, and the Fund may be adversely affected by negative developments impacting those companies, industries or sectors. Electric vehicle companies currently benefit from certain government subsidiaries, policies and economic incentives, which may be reduced or eliminated in the future.<br/><br/>In addition, these companies may be adversely affected by loss or impairment of intellectual property rights. There can be no assurance that companies involved in electric vehicle technology will be able to successfully protect their intellectual property to prevent the misappropriation of their technology, or that competitors will not develop technology that is substantially similar or superior to such companies&#8217; technology. Electric vehicle companies typically engage in significant amounts of spending on research and development, and there is no guarantee that the products or services produced by these companies will be successful. These companies are also susceptible to litigation based on product liability claims and can be significantly affected by insurance costs. In addition, electric vehicle companies may not maintain as much insurance coverage as other types of companies and any insurance coverage may not be sufficient to cover all losses or claims.<br/><br/><b>Equity Securities Risk.</b> Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders&#8217; claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.<br/><br/><b>Geographic Risk.</b> A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.<br/><br/><b>Index-Related Risk. </b>There is no guarantee that the Fund&#8217;s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund&#8217;s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.<br/><br/><b>Industrials Sector Risk.</b> Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.<br/><br/><b>Issuer Risk.</b> The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.<br/><br/><b>Large-Capitalization Companies Risk.</b> Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.<br/><br/><b>Management Risk.</b> As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.<br/><br/><b>Market Risk.</b> The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.<br/><br/><b>Market Trading Risk.</b> The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.<br/><br/><b>National Closed Market Trading Risk.</b> To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund&#8217;s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund&#8217;s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund&#8217;s NAV that may be greater than those experienced by other ETFs.<br/><br/><b>Non-Diversification Risk.</b> The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.<br/><br/><b>Non-U.S. Securities Risk.</b> Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to<b> Asian Economic Risk </b>and <b>European Economic Risk.</b><br/><br/><b>Operational Risk.</b> The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund&#8217;s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.<br/><br/><b>Passive Investment Risk.</b> The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.<br/><br/><b>Risk of Investing in Developed Countries. </b>The Fund&#8217;s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country&#8217;s or region&#8217;s security may cause uncertainty in its markets and may adversely affect its economy and the Fund&#8217;s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.<br/><br/><b>Risk of Investing in the U.S.</b> Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.<br/><br/><b>Securities Lending Risk. </b>The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.<br/><br/><b>Semiconductor Industry Risk.</b> Semiconductor companies may have limited product lines, markets, financial resources or personnel. Semiconductor companies typically face intense competition, potentially rapid product obsolescence and high capital costs. They are also heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. Semiconductor companies are also affected by the economic performance of their customers.<br/><br/><b>Small Fund Risk. </b>When the Fund&#8217;s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.<br/><br/><b>Structural Risk.</b> The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.<br/><br/><b>Technology Sector Risk.</b> Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.<br/><br/><b>Thematic Investing Risk.</b> The Fund relies on the Index Provider for the identification of securities for inclusion in the Underlying Index that reflect themes and sub-themes and its performance may suffer if such securities are not correctly identified or if a theme or sub-theme develops in an unexpected manner. Performance may also suffer if the stocks included in the Underlying Index do not benefit from the development of such themes or sub-themes. Performance may also be impacted by the inclusion of non-theme-relevant exposures in the Underlying Index. There is no guarantee that the Underlying Index will reflect the theme and sub-theme exposures intended.<br/><br/><b>Tracking Error Risk.</b> The Fund may be subject to tracking error, which is the divergence of the Fund&#8217;s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund&#8217;s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security&#8217;s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund&#8217;s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. <b>INDEX ETFs THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX ETFs THAT DO NOT TRACK SUCH INDICES.</b><br/><br/><b>Valuation Risk.</b> The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund&#8217;s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers. Performance Information As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information. You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows: Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers. As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information. 0.0047 0 0 0.0047 48 151 0.02 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000513 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleExpenseExampleTransposed000514 column period compact * ~</div> N-1A Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. Year by Year Returns (Years Ended December 31) The best calendar quarter return during the periods shown above was 10.99% in the 1st quarter of 2017; the worst was -13.59% in the 4th quarter of 2018.<br/><br/>Updated performance information, including the Fund&#8217;s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free). The Fund&#8217;s year-to-date return 2019-09-30 best 2017-03-31 0.1099 worst 2018-12-31 -0.1359 1-800-iShares (1-800-474-2737) (toll free) www.iShares.com The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (&#8220;IRAs&#8221;). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. 0.0903 0.337 -0.0463 -0.0463 -0.0493 -0.025 -0.0441 0.0879 0.0844 0.0684 0.0902 2015-03-19 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualTotalReturnsBarChart000356 column period compact * ~</div> <div style="display:none">~ http://www.ishares.com/role/ScheduleAverageAnnualTotalReturnsTransposed000357 column period compact * ~</div> 0.1721 <div style="display:none">~ http://www.ishares.com/role/ScheduleAnnualFundOperatingExpensesTransposed000013 column period compact * ~</div> On April 26, 2018, the Fund&#8217;s Underlying Index changed from the MSCI China A International Index to the MSCI China A Inclusion Index. The Fund’s year-to-date return as of September 30, 2019 was 14.96% After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The Fund’s year-to-date return as of September 30, 2019 was 15.52%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 2.57%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. Index performance beginning on February 10, 2012 reflects net returns where dividends are reinvested into the Index net of withholding tax. Performance before this date reflects dividends being reinvested at gross. The Fund’s year-to-date return as of September 30, 2019 was 18.45%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The Fund’s year-to-date return as of September 30, 2019 was 10.85%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The Fund’s year-to-date return as of September 30, 2019 was 17.16%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The Fund’s year-to-date return as of September 30, 2019 was 11.59%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 13.07%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 15.99%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The Fund’s year-to-date return as of September 30, 2019 was 14.54%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The expense information in the table has been restated to reflect current fees. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 16.81%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The Fund’s year-to-date return as of September 30, 2019 was 12.94%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The expense information in the table has been restated to reflect current fees. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 13.88%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 11.53%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. On December 3, 2018, the Fund’s Underlying Index changed from the MSCI World ex USA Risk Weighted Index to the MSCI World ex USA Low Size Index, consistent with the change in the Fund's principal investment strategies to track the investment results of the MSCI World ex USA Low Size Index. The inception date of the MSCI World ex USA Low Size Index was September 11, 2018. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 13.84%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 6.08%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The expense information in the table has been restated to reflect current fees. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 11.50%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 11.91%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The expense information in the table has been restated to reflect current fees. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 11.59%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 14.64%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 8.28%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 12.56%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 24.00%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 20.53%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 19.31%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 22.08%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. Index returns through August 31, 2015 reflect the performance of the MSCI USA Quality Index. Index returns beginning on September 1, 2015 reflect the performance of the MSCI USA Sector Neutral Quality Index. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 13.07%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 19.92%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. On December 3, 2018, the Fund’s Underlying Index changed from the MSCI USA Risk Weighted Index to the MSCI USA Low Size Index. The inception date of the MSCI USA Low Size Index was September 11, 2018. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 9.64%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 15.70%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. Index returns through August 31, 2015 reflect the performance of the MSCI USA Value Weighted Index. Index returns beginning on September 1, 2015 reflect the performance of the MSCI USA Enhanced Value Index. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 11.99%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 16.31%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 10.90%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 7.74%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 16.31%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 12.15%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. Index returns through August 31, 2014 reflect the performance of the FTSE Developed Small Cap ex-North America Index. Index returns beginning on September 1, 2014 reflect the performance of the MSCI Europe Small Cap Index. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 11.44%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 18.39%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 17.20%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 5.22%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 17.21%. The Fund’s year-to-date return as of September 30, 2019 was 22.81%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. On April 26, 2018, the Fund’s Underlying Index changed from the MSCI China A International Index to the MSCI China A Inclusion Index. The inception date of the MSCI China A Inclusion Index was October 23, 2017. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 12.80%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 17.80%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 12.11%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. The amount rounded to 0.00%. The Fund’s year-to-date return as of September 30, 2019 was 7.66%. After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. EX-101.SCH 3 ist-20191122.xsd XBRL TAXONOMY EXTENSION SCHEMA 000000 - Document - Document and Entity Information {Elements} link:presentationLink link:calculationLink link:definitionLink 000011 - Document - Risk/Return Summary {Unlabeled} - iShares Adaptive Currency Hedged MSCI EAFE ETF link:presentationLink link:calculationLink link:definitionLink 000012 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000013 - Schedule - Annual Fund Operating Expenses {Transposed} link:calculationLink link:presentationLink link:definitionLink 000014 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000015 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000016 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000017 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000018 - Document - Risk/Return Detail {Unlabeled} - iShares Adaptive Currency Hedged MSCI EAFE ETF link:presentationLink link:calculationLink link:definitionLink 000019 - Disclosure - Risk/Return Detail Data {Elements} - iShares Adaptive Currency Hedged MSCI EAFE ETF link:presentationLink link:calculationLink link:definitionLink 000021 - Document - Risk/Return Summary {Unlabeled} - iShares China Large-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000022 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000023 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000024 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000025 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000026 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000027 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000028 - Document - Risk/Return Detail {Unlabeled} - iShares China Large-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000029 - Disclosure - Risk/Return Detail Data {Elements} - iShares China Large-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000031 - Document - Risk/Return Summary {Unlabeled} - iShares Core Conservative Allocation ETF link:presentationLink link:calculationLink link:definitionLink 000032 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000033 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000034 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000035 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000036 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000037 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000038 - Document - Risk/Return Detail {Unlabeled} - iShares Core Conservative Allocation ETF link:presentationLink link:calculationLink link:definitionLink 000039 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core Conservative Allocation ETF link:presentationLink link:calculationLink link:definitionLink 000041 - Document - Risk/Return Summary {Unlabeled} - iShares Core Moderate Allocation ETF link:presentationLink link:calculationLink link:definitionLink 000042 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000043 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000044 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000045 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000046 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000047 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000048 - Document - Risk/Return Detail {Unlabeled} - iShares Core Moderate Allocation ETF link:presentationLink link:calculationLink link:definitionLink 000049 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core Moderate Allocation ETF link:presentationLink link:calculationLink link:definitionLink 000051 - Document - Risk/Return Summary {Unlabeled} - iShares Core Growth Allocation ETF link:presentationLink link:calculationLink link:definitionLink 000052 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000053 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000054 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000055 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000056 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000057 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000058 - Document - Risk/Return Detail {Unlabeled} - iShares Core Growth Allocation ETF link:presentationLink link:calculationLink link:definitionLink 000059 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core Growth Allocation ETF link:presentationLink link:calculationLink link:definitionLink 000061 - Document - Risk/Return Summary {Unlabeled} - iShares Core Aggressive Allocation ETF link:presentationLink link:calculationLink link:definitionLink 000062 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000063 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000064 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000065 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000066 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000067 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000068 - Document - Risk/Return Detail {Unlabeled} - iShares Core Aggressive Allocation ETF link:presentationLink link:calculationLink link:definitionLink 000069 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core Aggressive Allocation ETF link:presentationLink link:calculationLink link:definitionLink 000071 - Document - Risk/Return Summary {Unlabeled} - iShares Core MSCI EAFE ETF link:presentationLink link:calculationLink link:definitionLink 000072 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000073 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000074 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000075 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000076 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000077 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000078 - Document - Risk/Return Detail {Unlabeled} - iShares Core MSCI EAFE ETF link:presentationLink link:calculationLink link:definitionLink 000079 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core MSCI EAFE ETF link:presentationLink link:calculationLink link:definitionLink 000081 - Document - Risk/Return Summary {Unlabeled} - iShares Core MSCI Europe ETF link:presentationLink link:calculationLink link:definitionLink 000082 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000083 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000084 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000085 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000086 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000087 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000088 - Document - Risk/Return Detail {Unlabeled} - iShares Core MSCI Europe ETF link:presentationLink link:calculationLink link:definitionLink 000089 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core MSCI Europe ETF link:presentationLink link:calculationLink link:definitionLink 000091 - Document - Risk/Return Summary {Unlabeled} - iShares Core MSCI International Developed Markets ETF link:presentationLink link:calculationLink link:definitionLink 000092 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000093 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000094 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000095 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000096 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000097 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000098 - Document - Risk/Return Detail {Unlabeled} - iShares Core MSCI International Developed Markets ETF link:presentationLink link:calculationLink link:definitionLink 000099 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core MSCI International Developed Markets ETF link:presentationLink link:calculationLink link:definitionLink 000101 - Document - Risk/Return Summary {Unlabeled} - iShares Core MSCI Pacific ETF link:presentationLink link:calculationLink link:definitionLink 000102 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000103 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000104 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000105 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000106 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000107 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000108 - Document - Risk/Return Detail {Unlabeled} - iShares Core MSCI Pacific ETF link:presentationLink link:calculationLink link:definitionLink 000109 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core MSCI Pacific ETF link:presentationLink link:calculationLink link:definitionLink 000111 - Document - Risk/Return Summary {Unlabeled} - iShares Core MSCI Total International Stock ETF link:presentationLink link:calculationLink link:definitionLink 000112 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000113 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000114 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000115 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000116 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000117 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000118 - Document - Risk/Return Detail {Unlabeled} - iShares Core MSCI Total International Stock ETF link:presentationLink link:calculationLink link:definitionLink 000119 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core MSCI Total International Stock ETF link:presentationLink link:calculationLink link:definitionLink 000121 - Document - Risk/Return Summary {Unlabeled} - iShares Currency Hedged MSCI ACWI ex U.S. ETF link:presentationLink link:calculationLink link:definitionLink 000122 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000123 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000124 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000125 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000126 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000127 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000128 - Document - Risk/Return Detail {Unlabeled} - iShares Currency Hedged MSCI ACWI ex U.S. ETF link:presentationLink link:calculationLink link:definitionLink 000129 - Disclosure - Risk/Return Detail Data {Elements} - iShares Currency Hedged MSCI ACWI ex U.S. ETF link:presentationLink link:calculationLink link:definitionLink 000131 - Document - Risk/Return Summary {Unlabeled} - iShares Currency Hedged MSCI EAFE ETF link:presentationLink link:calculationLink link:definitionLink 000132 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000133 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000134 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000135 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000136 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000137 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000138 - Document - Risk/Return Detail {Unlabeled} - iShares Currency Hedged MSCI EAFE ETF link:presentationLink link:calculationLink link:definitionLink 000139 - Disclosure - Risk/Return Detail Data {Elements} - iShares Currency Hedged MSCI EAFE ETF link:presentationLink link:calculationLink link:definitionLink 000141 - Document - Risk/Return Summary {Unlabeled} - iShares Currency Hedged MSCI EAFE Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000142 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000143 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000144 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000145 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000146 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000147 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000148 - Document - Risk/Return Detail {Unlabeled} - iShares Currency Hedged MSCI EAFE Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000149 - Disclosure - Risk/Return Detail Data {Elements} - iShares Currency Hedged MSCI EAFE Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000151 - Document - Risk/Return Summary {Unlabeled} - iShares Cybersecurity and Tech ETF link:presentationLink link:calculationLink link:definitionLink 000152 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000153 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000154 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000155 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000156 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000157 - Schedule - Average Annual Total Returns link:presentationLink link:calculationLink link:definitionLink 000158 - Document - Risk/Return Detail {Unlabeled} - iShares Cybersecurity and Tech ETF link:presentationLink link:calculationLink link:definitionLink 000159 - Disclosure - Risk/Return Detail Data {Elements} - iShares Cybersecurity and Tech ETF link:presentationLink link:calculationLink link:definitionLink 000161 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Intl Momentum Factor ETF link:presentationLink link:calculationLink link:definitionLink 000162 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000163 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000164 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000165 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000166 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000167 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000168 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI Intl Momentum Factor ETF link:presentationLink link:calculationLink link:definitionLink 000169 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Intl Momentum Factor ETF link:presentationLink link:calculationLink link:definitionLink 000171 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Intl Quality Factor ETF link:presentationLink link:calculationLink link:definitionLink 000172 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000173 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000174 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000175 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000176 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000177 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000178 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI Intl Quality Factor ETF link:presentationLink link:calculationLink link:definitionLink 000179 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Intl Quality Factor ETF link:presentationLink link:calculationLink link:definitionLink 000181 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Intl Size Factor ETF link:presentationLink link:calculationLink link:definitionLink 000182 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000183 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000184 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000185 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000186 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000187 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000188 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI Intl Size Factor ETF link:presentationLink link:calculationLink link:definitionLink 000189 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Intl Size Factor ETF link:presentationLink link:calculationLink link:definitionLink 000191 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Intl Value Factor ETF link:presentationLink link:calculationLink link:definitionLink 000192 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000193 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000194 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000195 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000196 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000197 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000198 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI Intl Value Factor ETF link:presentationLink link:calculationLink link:definitionLink 000199 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Intl Value Factor ETF link:presentationLink link:calculationLink link:definitionLink 000201 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Min Vol EAFE ETF link:presentationLink link:calculationLink link:definitionLink 000202 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000203 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000204 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000205 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000206 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000207 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000208 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI Min Vol EAFE ETF link:presentationLink link:calculationLink link:definitionLink 000209 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Min Vol EAFE ETF link:presentationLink link:calculationLink link:definitionLink 000211 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Min Vol Europe ETF link:presentationLink link:calculationLink link:definitionLink 000212 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000213 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000214 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000215 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000216 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000217 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000218 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI Min Vol Europe ETF link:presentationLink link:calculationLink link:definitionLink 000219 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Min Vol Europe ETF link:presentationLink link:calculationLink link:definitionLink 000221 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Min Vol Japan ETF link:presentationLink link:calculationLink link:definitionLink 000222 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000223 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000224 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000225 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000226 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000227 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000228 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI Min Vol Japan ETF link:presentationLink link:calculationLink link:definitionLink 000229 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Min Vol Japan ETF link:presentationLink link:calculationLink link:definitionLink 000231 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Min Vol USA ETF link:presentationLink link:calculationLink link:definitionLink 000232 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000233 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000234 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000235 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000236 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000237 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000238 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI Min Vol USA ETF link:presentationLink link:calculationLink link:definitionLink 000239 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Min Vol USA ETF link:presentationLink link:calculationLink link:definitionLink 000241 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Min Vol USA Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000242 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000243 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000244 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000245 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000246 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000247 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000248 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI Min Vol USA Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000249 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Min Vol USA Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000251 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Multifactor Global ETF link:presentationLink link:calculationLink link:definitionLink 000252 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000253 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000254 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000255 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000256 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000257 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000258 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI Multifactor Global ETF link:presentationLink link:calculationLink link:definitionLink 000259 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Multifactor Global ETF link:presentationLink link:calculationLink link:definitionLink 000261 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Multifactor Intl ETF link:presentationLink link:calculationLink link:definitionLink 000262 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000263 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000264 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000265 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000266 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000267 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000268 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI Multifactor Intl ETF link:presentationLink link:calculationLink link:definitionLink 000269 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Multifactor Intl ETF link:presentationLink link:calculationLink link:definitionLink 000271 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Multifactor Intl Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000272 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000273 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000274 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000275 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000276 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000277 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000278 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI Multifactor Intl Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000279 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Multifactor Intl Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000281 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Multifactor USA ETF link:presentationLink link:calculationLink link:definitionLink 000282 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000283 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000284 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000285 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000286 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000287 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000288 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI Multifactor USA ETF link:presentationLink link:calculationLink link:definitionLink 000289 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Multifactor USA ETF link:presentationLink link:calculationLink link:definitionLink 000291 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Multifactor USA Mid-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000292 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000293 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000294 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000295 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000296 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000297 - Schedule - Average Annual Total Returns link:presentationLink link:calculationLink link:definitionLink 000298 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI Multifactor USA Mid-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000299 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Multifactor USA Mid-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000301 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Multifactor USA Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000302 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000303 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000304 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000305 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000306 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000307 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000308 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI Multifactor USA Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000309 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Multifactor USA Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000311 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI USA Momentum Factor ETF link:presentationLink link:calculationLink link:definitionLink 000312 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000313 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000314 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000315 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000316 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000317 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000318 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI USA Momentum Factor ETF link:presentationLink link:calculationLink link:definitionLink 000319 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI USA Momentum Factor ETF link:presentationLink link:calculationLink link:definitionLink 000321 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI USA Quality Factor ETF link:presentationLink link:calculationLink link:definitionLink 000322 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000323 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000324 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000325 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000326 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000327 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000328 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI USA Quality Factor ETF link:presentationLink link:calculationLink link:definitionLink 000329 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI USA Quality Factor ETF link:presentationLink link:calculationLink link:definitionLink 000331 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI USA Size Factor ETF link:presentationLink link:calculationLink link:definitionLink 000332 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000333 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000334 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000335 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000336 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000337 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000338 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI USA Size Factor ETF link:presentationLink link:calculationLink link:definitionLink 000339 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI USA Size Factor ETF link:presentationLink link:calculationLink link:definitionLink 000341 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI USA Value Factor ETF link:presentationLink link:calculationLink link:definitionLink 000342 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000343 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000344 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000345 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000346 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000347 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000348 - Document - Risk/Return Detail {Unlabeled} - iShares Edge MSCI USA Value Factor ETF link:presentationLink link:calculationLink link:definitionLink 000349 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI USA Value Factor ETF link:presentationLink link:calculationLink link:definitionLink 000351 - Document - Risk/Return Summary {Unlabeled} - iShares Exponential Technologies ETF link:presentationLink link:calculationLink link:definitionLink 000352 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000353 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000354 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000355 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000356 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000357 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000358 - Document - Risk/Return Detail {Unlabeled} - iShares Exponential Technologies ETF link:presentationLink link:calculationLink link:definitionLink 000359 - Disclosure - Risk/Return Detail Data {Elements} - iShares Exponential Technologies ETF link:presentationLink link:calculationLink link:definitionLink 000361 - Document - Risk/Return Summary {Unlabeled} - iShares Genomics Immunology and Healthcare ETF link:presentationLink link:calculationLink link:definitionLink 000362 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000363 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000364 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000365 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000366 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000367 - Schedule - Average Annual Total Returns link:presentationLink link:calculationLink link:definitionLink 000368 - Document - Risk/Return Detail {Unlabeled} - iShares Genomics Immunology and Healthcare ETF link:presentationLink link:calculationLink link:definitionLink 000369 - Disclosure - Risk/Return Detail Data {Elements} - iShares Genomics Immunology and Healthcare ETF link:presentationLink link:calculationLink link:definitionLink 000371 - Document - Risk/Return Summary {Unlabeled} - iShares Morningstar Multi-Asset Income ETF link:presentationLink link:calculationLink link:definitionLink 000372 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000373 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000374 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000375 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000376 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000377 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000378 - Document - Risk/Return Detail {Unlabeled} - iShares Morningstar Multi-Asset Income ETF link:presentationLink link:calculationLink link:definitionLink 000379 - Disclosure - Risk/Return Detail Data {Elements} - iShares Morningstar Multi-Asset Income ETF link:presentationLink link:calculationLink link:definitionLink 000381 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI ACWI ETF link:presentationLink link:calculationLink link:definitionLink 000382 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000383 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000384 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000385 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000386 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000387 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000388 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI ACWI ETF link:presentationLink link:calculationLink link:definitionLink 000389 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI ACWI ETF link:presentationLink link:calculationLink link:definitionLink 000391 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI ACWI ex U.S. ETF link:presentationLink link:calculationLink link:definitionLink 000392 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000393 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000394 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000395 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000396 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000397 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000398 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI ACWI ex U.S. ETF link:presentationLink link:calculationLink link:definitionLink 000399 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI ACWI ex U.S. ETF link:presentationLink link:calculationLink link:definitionLink 000401 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI ACWI Low Carbon Target ETF link:presentationLink link:calculationLink link:definitionLink 000402 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000403 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000404 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000405 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000406 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000407 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000408 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI ACWI Low Carbon Target ETF link:presentationLink link:calculationLink link:definitionLink 000409 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI ACWI Low Carbon Target ETF link:presentationLink link:calculationLink link:definitionLink 000411 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI All Country Asia ex Japan ETF link:presentationLink link:calculationLink link:definitionLink 000412 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000413 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000414 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000415 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000416 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000417 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000418 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI All Country Asia ex Japan ETF link:presentationLink link:calculationLink link:definitionLink 000419 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI All Country Asia ex Japan ETF link:presentationLink link:calculationLink link:definitionLink 000421 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI China A ETF link:presentationLink link:calculationLink link:definitionLink 000422 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000423 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000424 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000425 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000426 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000427 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000428 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI China A ETF link:presentationLink link:calculationLink link:definitionLink 000429 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI China A ETF link:presentationLink link:calculationLink link:definitionLink 000431 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI EAFE ETF link:presentationLink link:calculationLink link:definitionLink 000432 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000433 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000434 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000435 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000436 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000437 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000438 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI EAFE ETF link:presentationLink link:calculationLink link:definitionLink 000439 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI EAFE ETF link:presentationLink link:calculationLink link:definitionLink 000441 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI EAFE Growth ETF link:presentationLink link:calculationLink link:definitionLink 000442 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000443 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000444 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000445 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000446 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000447 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000448 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI EAFE Growth ETF link:presentationLink link:calculationLink link:definitionLink 000449 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI EAFE Growth ETF link:presentationLink link:calculationLink link:definitionLink 000451 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI EAFE Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000452 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000453 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000454 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000455 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000456 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000457 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000458 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI EAFE Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000459 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI EAFE Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000461 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI EAFE Value ETF link:presentationLink link:calculationLink link:definitionLink 000462 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000463 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000464 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000465 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000466 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000467 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000468 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI EAFE Value ETF link:presentationLink link:calculationLink link:definitionLink 000469 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI EAFE Value ETF link:presentationLink link:calculationLink link:definitionLink 000471 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Europe Financials ETF link:presentationLink link:calculationLink link:definitionLink 000472 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000473 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000474 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000475 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000476 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000477 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000478 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI Europe Financials ETF link:presentationLink link:calculationLink link:definitionLink 000479 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Europe Financials ETF link:presentationLink link:calculationLink link:definitionLink 000481 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Europe Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000482 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000483 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000484 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000485 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000486 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000487 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000488 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI Europe Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000489 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Europe Small-Cap ETF link:presentationLink link:calculationLink link:definitionLink 000491 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Kokusai ETF link:presentationLink link:calculationLink link:definitionLink 000492 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000493 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000494 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000495 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000496 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000497 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 000498 - Document - Risk/Return Detail {Unlabeled} - iShares MSCI Kokusai ETF link:presentationLink link:calculationLink link:definitionLink 000499 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Kokusai ETF link:presentationLink link:calculationLink link:definitionLink 000501 - Document - Risk/Return Summary {Unlabeled} - iShares Robotics and Artificial Intelligence Multisector ETF link:presentationLink link:calculationLink link:definitionLink 000502 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000503 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000504 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000505 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000506 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000507 - Schedule - Average Annual Total Returns link:presentationLink link:calculationLink link:definitionLink 000508 - Document - Risk/Return Detail {Unlabeled} - iShares Robotics and Artificial Intelligence Multisector ETF link:presentationLink link:calculationLink link:definitionLink 000509 - Disclosure - Risk/Return Detail Data {Elements} - iShares Robotics and Artificial Intelligence Multisector ETF link:presentationLink link:calculationLink link:definitionLink 000511 - Document - Risk/Return Summary {Unlabeled} - iShares Self-Driving EV and Tech ETF link:presentationLink link:calculationLink link:definitionLink 000512 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 000513 - Schedule - Annual Fund Operating Expenses {Transposed} link:presentationLink link:calculationLink link:definitionLink 000514 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 000515 - Schedule - Expense Example, No Redemption link:presentationLink link:calculationLink link:definitionLink 000516 - Schedule - Annual Total Returns [BarChart] link:presentationLink link:calculationLink link:definitionLink 000517 - Schedule - Average Annual Total Returns link:presentationLink link:calculationLink link:definitionLink 000518 - Document - Risk/Return Detail {Unlabeled} - iShares Self-Driving EV and Tech ETF link:presentationLink link:calculationLink link:definitionLink 000519 - Disclosure - Risk/Return Detail Data {Elements} - iShares Self-Driving EV and Tech ETF link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 ist-20191122_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 5 ist-20191122_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 6 ist-20191122_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE EX-101.PRE 7 ist-20191122_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 8 R277.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares MSCI Europe Financials ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI EUROPE FINANCIALS ETF Ticker: EUFN                                 Stock Exchange: NASDAQ
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Europe Financials ETF (the “Fund”) seeks to track the investment results of an index composed of developed market European equities in the financials sector.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 5% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 5.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Europe Financials Index (the “Underlying Index”), which is a free float-adjusted market capitalization-weighted index designed to measure the combined equity market performance of the financials sector of developed market countries in Europe, as defined by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index may include large- or mid-capitalization companies.

As of July 31, 2019, the Underlying Index consisted of securities from the following countries: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”) (together, the “Europe financials sector countries”). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Dividend Risk. There is no guarantee that issuers of the stocks held by the Fund will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Europe. The Fund is more exposed to the economic and political risks of Europe and of the European countries in which it invests than funds whose investments are more geographically diversified. Adverse economic and political events in Europe may cause the Fund’s investments to decline in value. The economies and markets of European countries are often closely connected and interdependent, and events in one country in Europe can have an adverse impact on other European countries. The Fund makes investments in securities of issuers that are domiciled in, or have significant operations in, member states of the European Union (the “EU”) that are subject to economic and monetary controls that can adversely affect the Fund’s investments. The European financial markets have experienced volatility and adverse trends in recent years and these events have adversely affected the exchange rate of the euro and may continue to significantly affect other European countries.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the EU (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 18.07% in the 1st quarter of 2012; the worst was -30.66% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI Europe Financials ETF | iShares MSCI Europe Financials ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.48%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.48%
1 Year rr_ExpenseExampleYear01 $ 49
3 Years rr_ExpenseExampleYear03 154
5 Years rr_ExpenseExampleYear05 269
10 Years rr_ExpenseExampleYear10 $ 604
2011 rr_AnnualReturn2011 (26.49%)
2012 rr_AnnualReturn2012 33.15%
2013 rr_AnnualReturn2013 30.48%
2014 rr_AnnualReturn2014 (7.87%)
2015 rr_AnnualReturn2015 (5.01%)
2016 rr_AnnualReturn2016 (3.12%)
2017 rr_AnnualReturn2017 27.16%
2018 rr_AnnualReturn2018 (23.18%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 7.74%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 18.07%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (30.66%)
One Year rr_AverageAnnualReturnYear01 (23.18%)
Five Years rr_AverageAnnualReturnYear05 (3.70%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (0.42%)
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 20, 2010
iShares MSCI Europe Financials ETF | Return After Taxes on Distributions | iShares MSCI Europe Financials ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (23.88%) [3]
Five Years rr_AverageAnnualReturnYear05 (4.33%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception (0.91%) [3]
iShares MSCI Europe Financials ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI Europe Financials ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (12.52%) [3]
Five Years rr_AverageAnnualReturnYear05 (2.44%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception (0.02%) [3]
iShares MSCI Europe Financials ETF | MSCI Europe Financials Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (23.13%)
Five Years rr_AverageAnnualReturnYear05 (3.51%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (0.24%)
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 7.74%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 9 R283.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares MSCI Europe Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI EUROPE SMALL-CAP ETF Ticker: IEUS                                 Stock Exchange: NASDAQ
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Europe Small-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of small-capitalization developed market equities in Europe.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 17% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 17.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Europe Small Cap Index (the “Underlying Index”), which is a free float-adjusted, market capitalization-weighted index that captures small-capitalization representation across the 15 developed market countries in Europe, as defined by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index covers approximately 14% of the free float-adjusted market capitalization in the European equity markets. As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the industrials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Europe. The Fund is more exposed to the economic and political risks of Europe and of the European countries in which it invests than funds whose investments are more geographically diversified. Adverse economic and political events in Europe may cause the Fund’s investments to decline in value. The economies and markets of European countries are often closely connected and interdependent, and events in one country in Europe can have an adverse impact on other European countries. The Fund makes investments in securities of issuers that are domiciled in, or have significant operations in, member states of the European Union (the “EU”) that are subject to economic and monetary controls that can adversely affect the Fund’s investments. The European financial markets have experienced volatility and adverse trends in recent years and these events have adversely affected the exchange rate of the euro and may continue to significantly affect other European countries.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the EU (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 33.62% in the 2nd quarter of 2009; the worst was -20.50% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI Europe Small-Cap ETF | iShares MSCI Europe Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.40%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.40%
1 Year rr_ExpenseExampleYear01 $ 41
3 Years rr_ExpenseExampleYear03 128
5 Years rr_ExpenseExampleYear05 224
10 Years rr_ExpenseExampleYear10 $ 505
2009 rr_AnnualReturn2009 45.58%
2010 rr_AnnualReturn2010 21.44%
2011 rr_AnnualReturn2011 (18.42%)
2012 rr_AnnualReturn2012 21.17%
2013 rr_AnnualReturn2013 27.35%
2014 rr_AnnualReturn2014 (3.05%)
2015 rr_AnnualReturn2015 10.85%
2016 rr_AnnualReturn2016 (1.79%)
2017 rr_AnnualReturn2017 35.28%
2018 rr_AnnualReturn2018 (19.82%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 12.15%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 33.62%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (20.50%)
One Year rr_AverageAnnualReturnYear01 (19.82%)
Five Years rr_AverageAnnualReturnYear05 2.74%
Ten Years rr_AverageAnnualReturnYear10 9.81%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 12, 2007
iShares MSCI Europe Small-Cap ETF | Return After Taxes on Distributions | iShares MSCI Europe Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (20.26%) [3]
Five Years rr_AverageAnnualReturnYear05 2.24% [3]
Ten Years rr_AverageAnnualReturnYear10 9.27% [3]
iShares MSCI Europe Small-Cap ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI Europe Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (11.18%) [3]
Five Years rr_AverageAnnualReturnYear05 2.19% [3]
Ten Years rr_AverageAnnualReturnYear10 8.15% [3]
iShares MSCI Europe Small-Cap ETF | MSCI Europe Small Cap Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (19.90%) [4]
Five Years rr_AverageAnnualReturnYear05 2.76% [4]
Ten Years rr_AverageAnnualReturnYear10 10.06% [4]
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 12.15%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
[4] Index returns through August 31, 2014 reflect the performance of the FTSE Developed Small Cap ex-North America Index. Index returns beginning on September 1, 2014 reflect the performance of the MSCI Europe Small Cap Index.
XML 10 FilingSummary.xml IDEA: XBRL DOCUMENT 3.19.3.a.u2 html 243 159 1 true 152 0 false 2 false false R1.htm 000000 - Document - Document and Entity Information {Elements} Sheet http://www.ishares.com/role/DocumentDocumentandEntityInformationElements Document and Entity Information 1 false true R2.htm 000011 - Document - Risk/Return Summary {Unlabeled} - iShares Adaptive Currency Hedged MSCI EAFE ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesAdaptiveCurrencyHedgedMSCIEAFEETF Risk/Return Summary- iShares Adaptive Currency Hedged MSCI EAFE ETF 2 false false R7.htm 000019 - Disclosure - Risk/Return Detail Data {Elements} - iShares Adaptive Currency Hedged MSCI EAFE ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesAdaptiveCurrencyHedgedMSCIEAFEETF Risk/Return Detail Data- iShares Adaptive Currency Hedged MSCI EAFE ETF 3 false true R8.htm 000021 - Document - Risk/Return Summary {Unlabeled} - iShares China Large-Cap ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesChinaLarge-CapETF Risk/Return Summary- iShares China Large-Cap ETF 4 false false R13.htm 000029 - Disclosure - Risk/Return Detail Data {Elements} - iShares China Large-Cap ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesChinaLarge-CapETF Risk/Return Detail Data- iShares China Large-Cap ETF 5 false true R14.htm 000031 - Document - Risk/Return Summary {Unlabeled} - iShares Core Conservative Allocation ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesCoreConservativeAllocationETF Risk/Return Summary- iShares Core Conservative Allocation ETF 6 false false R19.htm 000039 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core Conservative Allocation ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesCoreConservativeAllocationETF Risk/Return Detail Data- iShares Core Conservative Allocation ETF 7 false true R20.htm 000041 - Document - Risk/Return Summary {Unlabeled} - iShares Core Moderate Allocation ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesCoreModerateAllocationETF Risk/Return Summary- iShares Core Moderate Allocation ETF 8 false false R25.htm 000049 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core Moderate Allocation ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesCoreModerateAllocationETF Risk/Return Detail Data- iShares Core Moderate Allocation ETF 9 false true R26.htm 000051 - Document - Risk/Return Summary {Unlabeled} - iShares Core Growth Allocation ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesCoreGrowthAllocationETF Risk/Return Summary- iShares Core Growth Allocation ETF 10 false false R31.htm 000059 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core Growth Allocation ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesCoreGrowthAllocationETF Risk/Return Detail Data- iShares Core Growth Allocation ETF 11 false true R32.htm 000061 - Document - Risk/Return Summary {Unlabeled} - iShares Core Aggressive Allocation ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesCoreAggressiveAllocationETF Risk/Return Summary- iShares Core Aggressive Allocation ETF 12 false false R37.htm 000069 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core Aggressive Allocation ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesCoreAggressiveAllocationETF Risk/Return Detail Data- iShares Core Aggressive Allocation ETF 13 false true R38.htm 000071 - Document - Risk/Return Summary {Unlabeled} - iShares Core MSCI EAFE ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesCoreMSCIEAFEETF Risk/Return Summary- iShares Core MSCI EAFE ETF 14 false false R43.htm 000079 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core MSCI EAFE ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesCoreMSCIEAFEETF Risk/Return Detail Data- iShares Core MSCI EAFE ETF 15 false true R44.htm 000081 - Document - Risk/Return Summary {Unlabeled} - iShares Core MSCI Europe ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesCoreMSCIEuropeETF Risk/Return Summary- iShares Core MSCI Europe ETF 16 false false R49.htm 000089 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core MSCI Europe ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesCoreMSCIEuropeETF Risk/Return Detail Data- iShares Core MSCI Europe ETF 17 false true R50.htm 000091 - Document - Risk/Return Summary {Unlabeled} - iShares Core MSCI International Developed Markets ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesCoreMSCIInternationalDevelopedMarketsETF Risk/Return Summary- iShares Core MSCI International Developed Markets ETF 18 false false R55.htm 000099 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core MSCI International Developed Markets ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesCoreMSCIInternationalDevelopedMarketsETF Risk/Return Detail Data- iShares Core MSCI International Developed Markets ETF 19 false true R56.htm 000101 - Document - Risk/Return Summary {Unlabeled} - iShares Core MSCI Pacific ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesCoreMSCIPacificETF Risk/Return Summary- iShares Core MSCI Pacific ETF 20 false false R61.htm 000109 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core MSCI Pacific ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesCoreMSCIPacificETF Risk/Return Detail Data- iShares Core MSCI Pacific ETF 21 false true R62.htm 000111 - Document - Risk/Return Summary {Unlabeled} - iShares Core MSCI Total International Stock ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesCoreMSCITotalInternationalStockETF Risk/Return Summary- iShares Core MSCI Total International Stock ETF 22 false false R67.htm 000119 - Disclosure - Risk/Return Detail Data {Elements} - iShares Core MSCI Total International Stock ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesCoreMSCITotalInternationalStockETF Risk/Return Detail Data- iShares Core MSCI Total International Stock ETF 23 false true R68.htm 000121 - Document - Risk/Return Summary {Unlabeled} - iShares Currency Hedged MSCI ACWI ex U.S. ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesCurrencyHedgedMSCIACWIexU.S.ETF Risk/Return Summary- iShares Currency Hedged MSCI ACWI ex U.S. ETF 24 false false R73.htm 000129 - Disclosure - Risk/Return Detail Data {Elements} - iShares Currency Hedged MSCI ACWI ex U.S. ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesCurrencyHedgedMSCIACWIexU.S.ETF Risk/Return Detail Data- iShares Currency Hedged MSCI ACWI ex U.S. ETF 25 false true R74.htm 000131 - Document - Risk/Return Summary {Unlabeled} - iShares Currency Hedged MSCI EAFE ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesCurrencyHedgedMSCIEAFEETF Risk/Return Summary- iShares Currency Hedged MSCI EAFE ETF 26 false false R79.htm 000139 - Disclosure - Risk/Return Detail Data {Elements} - iShares Currency Hedged MSCI EAFE ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesCurrencyHedgedMSCIEAFEETF Risk/Return Detail Data- iShares Currency Hedged MSCI EAFE ETF 27 false true R80.htm 000141 - Document - Risk/Return Summary {Unlabeled} - iShares Currency Hedged MSCI EAFE Small-Cap ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesCurrencyHedgedMSCIEAFESmall-CapETF Risk/Return Summary- iShares Currency Hedged MSCI EAFE Small-Cap ETF 28 false false R85.htm 000149 - Disclosure - Risk/Return Detail Data {Elements} - iShares Currency Hedged MSCI EAFE Small-Cap ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesCurrencyHedgedMSCIEAFESmall-CapETF Risk/Return Detail Data- iShares Currency Hedged MSCI EAFE Small-Cap ETF 29 false true R86.htm 000151 - Document - Risk/Return Summary {Unlabeled} - iShares Cybersecurity and Tech ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesCybersecurityandTechETF Risk/Return Summary- iShares Cybersecurity and Tech ETF 30 false false R89.htm 000159 - Disclosure - Risk/Return Detail Data {Elements} - iShares Cybersecurity and Tech ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesCybersecurityandTechETF Risk/Return Detail Data- iShares Cybersecurity and Tech ETF 31 false true R90.htm 000161 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Intl Momentum Factor ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIIntlMomentumFactorETF Risk/Return Summary- iShares Edge MSCI Intl Momentum Factor ETF 32 false false R95.htm 000169 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Intl Momentum Factor ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIIntlMomentumFactorETF Risk/Return Detail Data- iShares Edge MSCI Intl Momentum Factor ETF 33 false true R96.htm 000171 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Intl Quality Factor ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIIntlQualityFactorETF Risk/Return Summary- iShares Edge MSCI Intl Quality Factor ETF 34 false false R101.htm 000179 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Intl Quality Factor ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIIntlQualityFactorETF Risk/Return Detail Data- iShares Edge MSCI Intl Quality Factor ETF 35 false true R102.htm 000181 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Intl Size Factor ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIIntlSizeFactorETF Risk/Return Summary- iShares Edge MSCI Intl Size Factor ETF 36 false false R107.htm 000189 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Intl Size Factor ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIIntlSizeFactorETF Risk/Return Detail Data- iShares Edge MSCI Intl Size Factor ETF 37 false true R108.htm 000191 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Intl Value Factor ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIIntlValueFactorETF Risk/Return Summary- iShares Edge MSCI Intl Value Factor ETF 38 false false R113.htm 000199 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Intl Value Factor ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIIntlValueFactorETF Risk/Return Detail Data- iShares Edge MSCI Intl Value Factor ETF 39 false true R114.htm 000201 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Min Vol EAFE ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIMinVolEAFEETF Risk/Return Summary- iShares Edge MSCI Min Vol EAFE ETF 40 false false R119.htm 000209 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Min Vol EAFE ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIMinVolEAFEETF Risk/Return Detail Data- iShares Edge MSCI Min Vol EAFE ETF 41 false true R120.htm 000211 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Min Vol Europe ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIMinVolEuropeETF Risk/Return Summary- iShares Edge MSCI Min Vol Europe ETF 42 false false R125.htm 000219 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Min Vol Europe ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIMinVolEuropeETF Risk/Return Detail Data- iShares Edge MSCI Min Vol Europe ETF 43 false true R126.htm 000221 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Min Vol Japan ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIMinVolJapanETF Risk/Return Summary- iShares Edge MSCI Min Vol Japan ETF 44 false false R131.htm 000229 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Min Vol Japan ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIMinVolJapanETF Risk/Return Detail Data- iShares Edge MSCI Min Vol Japan ETF 45 false true R132.htm 000231 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Min Vol USA ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIMinVolUSAETF Risk/Return Summary- iShares Edge MSCI Min Vol USA ETF 46 false false R137.htm 000239 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Min Vol USA ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIMinVolUSAETF Risk/Return Detail Data- iShares Edge MSCI Min Vol USA ETF 47 false true R138.htm 000241 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Min Vol USA Small-Cap ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIMinVolUSASmall-CapETF Risk/Return Summary- iShares Edge MSCI Min Vol USA Small-Cap ETF 48 false false R143.htm 000249 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Min Vol USA Small-Cap ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIMinVolUSASmall-CapETF Risk/Return Detail Data- iShares Edge MSCI Min Vol USA Small-Cap ETF 49 false true R144.htm 000251 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Multifactor Global ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIMultifactorGlobalETF Risk/Return Summary- iShares Edge MSCI Multifactor Global ETF 50 false false R149.htm 000259 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Multifactor Global ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIMultifactorGlobalETF Risk/Return Detail Data- iShares Edge MSCI Multifactor Global ETF 51 false true R150.htm 000261 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Multifactor Intl ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIMultifactorIntlETF Risk/Return Summary- iShares Edge MSCI Multifactor Intl ETF 52 false false R155.htm 000269 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Multifactor Intl ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIMultifactorIntlETF Risk/Return Detail Data- iShares Edge MSCI Multifactor Intl ETF 53 false true R156.htm 000271 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Multifactor Intl Small-Cap ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIMultifactorIntlSmall-CapETF Risk/Return Summary- iShares Edge MSCI Multifactor Intl Small-Cap ETF 54 false false R161.htm 000279 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Multifactor Intl Small-Cap ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIMultifactorIntlSmall-CapETF Risk/Return Detail Data- iShares Edge MSCI Multifactor Intl Small-Cap ETF 55 false true R162.htm 000281 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Multifactor USA ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIMultifactorUSAETF Risk/Return Summary- iShares Edge MSCI Multifactor USA ETF 56 false false R167.htm 000289 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Multifactor USA ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIMultifactorUSAETF Risk/Return Detail Data- iShares Edge MSCI Multifactor USA ETF 57 false true R168.htm 000291 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Multifactor USA Mid-Cap ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIMultifactorUSAMid-CapETF Risk/Return Summary- iShares Edge MSCI Multifactor USA Mid-Cap ETF 58 false false R171.htm 000299 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Multifactor USA Mid-Cap ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIMultifactorUSAMid-CapETF Risk/Return Detail Data- iShares Edge MSCI Multifactor USA Mid-Cap ETF 59 false true R172.htm 000301 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI Multifactor USA Small-Cap ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIMultifactorUSASmall-CapETF Risk/Return Summary- iShares Edge MSCI Multifactor USA Small-Cap ETF 60 false false R177.htm 000309 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI Multifactor USA Small-Cap ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIMultifactorUSASmall-CapETF Risk/Return Detail Data- iShares Edge MSCI Multifactor USA Small-Cap ETF 61 false true R178.htm 000311 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI USA Momentum Factor ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIUSAMomentumFactorETF Risk/Return Summary- iShares Edge MSCI USA Momentum Factor ETF 62 false false R183.htm 000319 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI USA Momentum Factor ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIUSAMomentumFactorETF Risk/Return Detail Data- iShares Edge MSCI USA Momentum Factor ETF 63 false true R184.htm 000321 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI USA Quality Factor ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIUSAQualityFactorETF Risk/Return Summary- iShares Edge MSCI USA Quality Factor ETF 64 false false R189.htm 000329 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI USA Quality Factor ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIUSAQualityFactorETF Risk/Return Detail Data- iShares Edge MSCI USA Quality Factor ETF 65 false true R190.htm 000331 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI USA Size Factor ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIUSASizeFactorETF Risk/Return Summary- iShares Edge MSCI USA Size Factor ETF 66 false false R195.htm 000339 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI USA Size Factor ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIUSASizeFactorETF Risk/Return Detail Data- iShares Edge MSCI USA Size Factor ETF 67 false true R196.htm 000341 - Document - Risk/Return Summary {Unlabeled} - iShares Edge MSCI USA Value Factor ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesEdgeMSCIUSAValueFactorETF Risk/Return Summary- iShares Edge MSCI USA Value Factor ETF 68 false false R201.htm 000349 - Disclosure - Risk/Return Detail Data {Elements} - iShares Edge MSCI USA Value Factor ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesEdgeMSCIUSAValueFactorETF Risk/Return Detail Data- iShares Edge MSCI USA Value Factor ETF 69 false true R202.htm 000351 - Document - Risk/Return Summary {Unlabeled} - iShares Exponential Technologies ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesExponentialTechnologiesETF Risk/Return Summary- iShares Exponential Technologies ETF 70 false false R207.htm 000359 - Disclosure - Risk/Return Detail Data {Elements} - iShares Exponential Technologies ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesExponentialTechnologiesETF Risk/Return Detail Data- iShares Exponential Technologies ETF 71 false true R208.htm 000361 - Document - Risk/Return Summary {Unlabeled} - iShares Genomics Immunology and Healthcare ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesGenomicsImmunologyandHealthcareETF Risk/Return Summary- iShares Genomics Immunology and Healthcare ETF 72 false false R211.htm 000369 - Disclosure - Risk/Return Detail Data {Elements} - iShares Genomics Immunology and Healthcare ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesGenomicsImmunologyandHealthcareETF Risk/Return Detail Data- iShares Genomics Immunology and Healthcare ETF 73 false true R212.htm 000371 - Document - Risk/Return Summary {Unlabeled} - iShares Morningstar Multi-Asset Income ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMorningstarMulti-AssetIncomeETF Risk/Return Summary- iShares Morningstar Multi-Asset Income ETF 74 false false R217.htm 000379 - Disclosure - Risk/Return Detail Data {Elements} - iShares Morningstar Multi-Asset Income ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMorningstarMulti-AssetIncomeETF Risk/Return Detail Data- iShares Morningstar Multi-Asset Income ETF 75 false true R218.htm 000381 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI ACWI ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIACWIETF Risk/Return Summary- iShares MSCI ACWI ETF 76 false false R223.htm 000389 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI ACWI ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIACWIETF Risk/Return Detail Data- iShares MSCI ACWI ETF 77 false true R224.htm 000391 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI ACWI ex U.S. ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIACWIexU.S.ETF Risk/Return Summary- iShares MSCI ACWI ex U.S. ETF 78 false false R229.htm 000399 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI ACWI ex U.S. ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIACWIexU.S.ETF Risk/Return Detail Data- iShares MSCI ACWI ex U.S. ETF 79 false true R230.htm 000401 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI ACWI Low Carbon Target ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIACWILowCarbonTargetETF Risk/Return Summary- iShares MSCI ACWI Low Carbon Target ETF 80 false false R235.htm 000409 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI ACWI Low Carbon Target ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIACWILowCarbonTargetETF Risk/Return Detail Data- iShares MSCI ACWI Low Carbon Target ETF 81 false true R236.htm 000411 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI All Country Asia ex Japan ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIAllCountryAsiaexJapanETF Risk/Return Summary- iShares MSCI All Country Asia ex Japan ETF 82 false false R241.htm 000419 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI All Country Asia ex Japan ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIAllCountryAsiaexJapanETF Risk/Return Detail Data- iShares MSCI All Country Asia ex Japan ETF 83 false true R242.htm 000421 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI China A ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIChinaAETF Risk/Return Summary- iShares MSCI China A ETF 84 false false R247.htm 000429 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI China A ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIChinaAETF Risk/Return Detail Data- iShares MSCI China A ETF 85 false true R248.htm 000431 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI EAFE ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIEAFEETF Risk/Return Summary- iShares MSCI EAFE ETF 86 false false R253.htm 000439 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI EAFE ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIEAFEETF Risk/Return Detail Data- iShares MSCI EAFE ETF 87 false true R254.htm 000441 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI EAFE Growth ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIEAFEGrowthETF Risk/Return Summary- iShares MSCI EAFE Growth ETF 88 false false R259.htm 000449 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI EAFE Growth ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIEAFEGrowthETF Risk/Return Detail Data- iShares MSCI EAFE Growth ETF 89 false true R260.htm 000451 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI EAFE Small-Cap ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIEAFESmall-CapETF Risk/Return Summary- iShares MSCI EAFE Small-Cap ETF 90 false false R265.htm 000459 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI EAFE Small-Cap ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIEAFESmall-CapETF Risk/Return Detail Data- iShares MSCI EAFE Small-Cap ETF 91 false true R266.htm 000461 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI EAFE Value ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIEAFEValueETF Risk/Return Summary- iShares MSCI EAFE Value ETF 92 false false R271.htm 000469 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI EAFE Value ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIEAFEValueETF Risk/Return Detail Data- iShares MSCI EAFE Value ETF 93 false true R272.htm 000471 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Europe Financials ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIEuropeFinancialsETF Risk/Return Summary- iShares MSCI Europe Financials ETF 94 false false R277.htm 000479 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Europe Financials ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIEuropeFinancialsETF Risk/Return Detail Data- iShares MSCI Europe Financials ETF 95 false true R278.htm 000481 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Europe Small-Cap ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIEuropeSmall-CapETF Risk/Return Summary- iShares MSCI Europe Small-Cap ETF 96 false false R283.htm 000489 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Europe Small-Cap ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIEuropeSmall-CapETF Risk/Return Detail Data- iShares MSCI Europe Small-Cap ETF 97 false true R284.htm 000491 - Document - Risk/Return Summary {Unlabeled} - iShares MSCI Kokusai ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesMSCIKokusaiETF Risk/Return Summary- iShares MSCI Kokusai ETF 98 false false R289.htm 000499 - Disclosure - Risk/Return Detail Data {Elements} - iShares MSCI Kokusai ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesMSCIKokusaiETF Risk/Return Detail Data- iShares MSCI Kokusai ETF 99 false true R290.htm 000501 - Document - Risk/Return Summary {Unlabeled} - iShares Robotics and Artificial Intelligence Multisector ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesRoboticsandArtificialIntelligenceMultisectorETF Risk/Return Summary- iShares Robotics and Artificial Intelligence Multisector ETF 100 false false R293.htm 000509 - Disclosure - Risk/Return Detail Data {Elements} - iShares Robotics and Artificial Intelligence Multisector ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesRoboticsandArtificialIntelligenceMultisectorETF Risk/Return Detail Data- iShares Robotics and Artificial Intelligence Multisector ETF 101 false true R294.htm 000511 - Document - Risk/Return Summary {Unlabeled} - iShares Self-Driving EV and Tech ETF Sheet http://www.ishares.com/role/DocumentRiskReturnSummaryUnlabelediSharesSelf-DrivingEVandTechETF Risk/Return Summary- iShares Self-Driving EV and Tech ETF 102 false false R297.htm 000519 - Disclosure - Risk/Return Detail Data {Elements} - iShares Self-Driving EV and Tech ETF Sheet http://www.ishares.com/role/DisclosureRiskReturnDetailDataElementsiSharesSelf-DrivingEVandTechETF Risk/Return Detail Data- iShares Self-Driving EV and Tech ETF 103 false false R298.htm 040000 - Disclosure - Risk/Return Detail Data {Elements} Sheet http://xbrl.sec.gov/rr/role/RiskReturnDetailData Risk/Return Detail Data 104 false false All Reports Book All Reports ist-20191122.xml ist-20191122.xsd ist-20191122_cal.xml ist-20191122_def.xml ist-20191122_lab.xml ist-20191122_pre.xml BarChart1.png BarChart2.png BarChart3.png BarChart4.png BarChart5.png BarChart6.png BarChart7.png BarChart8.png BarChart9.png BarChart10.png BarChart11.png BarChart12.png BarChart13.png BarChart14.png BarChart15.png BarChart16.png BarChart17.png BarChart18.png BarChart19.png BarChart20.png BarChart21.png BarChart22.png BarChart23.png BarChart24.png BarChart25.png BarChart26.png BarChart27.png BarChart28.png BarChart29.png BarChart30.png BarChart31.png BarChart32.png BarChart33.png BarChart34.png BarChart35.png BarChart36.png BarChart37.png BarChart38.png BarChart39.png BarChart40.png BarChart41.png BarChart42.png BarChart43.png BarChart44.png BarChart45.png BarChart46.png http://xbrl.sec.gov/rr/2018-01-31 http://xbrl.sec.gov/dei/2018-01-31 true true GRAPHIC 11 BarChart40.png IDEA: XBRL DOCUMENT begin 644 BarChart40.png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end GRAPHIC 12 BarChart44.png IDEA: XBRL DOCUMENT begin 644 BarChart44.png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end XML 13 R254.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares MSCI EAFE Growth ETF
iSHARES® MSCI EAFE GROWTH ETF Ticker: EFG                                 Stock Exchange: Cboe BZX
Investment Objective
The iShares MSCI EAFE Growth ETF (the “Fund”) seeks to track the investment results of an index composed of developed market equities, excluding the U.S. and Canada, that exhibit growth characteristics.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI EAFE Growth ETF | iShares MSCI EAFE Growth ETF 0.40% none none [1] 0.40%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares MSCI EAFE Growth ETF | iShares MSCI EAFE Growth ETF | USD ($) 41 128 224 505
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 22% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI EAFE Growth Index (the “Underlying Index”), which is a subset of the MSCI EAFE Index. The MSCI EAFE Index has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) to measure the equity market performance of developed markets outside of the U.S. and Canada.

Constituents of the Underlying Index include securities of companies located in Europe, Australasia and the Far East. The Underlying Index generally represents approximately 50% of the free float-adjusted market capitalization of the MSCI EAFE Index and consists of those securities classified by MSCI as most representing the growth style. Securities classified in this style generally tend to have higher growth characteristics (i.e., higher long-term forward earnings-per-share (“EPS”) growth rate, short-term forward EPS growth rate, current internal growth rate and long-term historical EPS growth trend and long-term historical sales per share growth trend). MSCI uses a specialized framework to attribute both value and growth style characteristics to each security within the MSCI EAFE Index. Each security is evaluated based on certain value factors and growth factors, which are then used to calculate a value score and a growth score. Based upon these two scores, MSCI determines the extent to which each security is assigned to the value or growth style. It is possible for a single security to have representation in both the value and growth style indexes; however, no more than 100% of a security’s float-adjusted market capitalization will be included within the combined style framework. The Underlying Index may include large- or mid-capitalization companies.

As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the consumer staples, healthcare and industrials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally invests at least 90% of its assets in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index. The Fund may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Staples Sector Risk. The consumer staples sector may be affected by, among other things, marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Growth Securities Risk. The Fund invests in growth securities, which may be more volatile than other types of investments, may perform differently than the market as a whole and may underperform when compared to securities with different investment parameters. Under certain market conditions, growth securities have performed better during the later stages of economic recovery (although there is no guarantee that they will continue to do so). Therefore, growth securities may go in and out of favor over time.

Healthcare Sector Risk. The profitability of companies in the healthcare sector may be affected by government regulations and government healthcare programs, increases or decreases in the cost of medical products and services, an increased emphasis on outpatient services, and product liability claims, among other factors. Many healthcare companies are heavily dependent on patent protection, and the expiration of a company’s patent may adversely affect that company’s profitability. Healthcare companies are subject to competitive forces that may result in price discounting, and may be thinly capitalized and susceptible to product obsolescence.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 17.80%.
The best calendar quarter return during the periods shown above was 21.30% in the 2nd quarter of 2009; the worst was -18.98% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares MSCI EAFE Growth ETF
One Year
Five Years
Ten Years
Inception Date
iShares MSCI EAFE Growth ETF (13.02%) 1.34% 6.79% Aug. 01, 2005
iShares MSCI EAFE Growth ETF | Return After Taxes on Distributions [1] (13.27%) 1.03% 6.52%  
iShares MSCI EAFE Growth ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (7.28%) 1.17% 5.68%  
MSCI EAFE Growth Index (Index returns do not reflect deductions for fees, expenses, or taxes) (12.83%) 1.62% 7.07%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 14 R131.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI Min Vol Japan ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI MIN VOL JAPAN ETF Ticker: JPMV                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI Min Vol Japan ETF (the “Fund”) seeks to track the investment results of an index composed of Japanese equities that, in the aggregate, have lower volatility characteristics relative to the broader Japanese equity markets.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 23% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 23.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Japan Minimum Volatility (USD) Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) to measure the performance of Japanese equity securities that, in the aggregate, have lower volatility characteristics relative to the large- and mid-cap Japanese equity market. In constructing the Underlying Index, MSCI uses a rules-based methodology to select securities from the MSCI Japan Index (the “Parent Index”), which is a capitalization-weighted index, and to determine the weightings of such securities in the Underlying Index. Under the rules-based methodology, securities and weightings of the Underlying Index are established based on pre-established parameters and discretionary factors are not relied on.

Generally, the rules-based methodology includes specified requirements for security eligibility, maximum and minimum weightings by security and, in some cases, by sector and country, established rules relating to handling of special dividends and other distributions and treatment of corporate events. In order to determine weightings by security within the Underlying Index, MSCI seeks to construct a portfolio of lowest absolute volatility, as measured by MSCI, using its multi-factor risk model. The portfolio is then further refined by an optimization tool that aims to determine the lowest absolute volatility based on the projected “riskiness” of securities in the Parent Index while applying constraints based on established minimum and maximum weightings of index constituents and sectors as well as factor constraints (for example, liquidity and financial leverage) as measured by MSCI.

The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the consumer discretionary and industrials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Discretionary Sector Risk. The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. Japan is located in a part of the world that has historically been prone to natural disasters such as droughts, earthquakes, floods, hurricanes, tornadoes, tsunamis or volcanic eruptions, and is economically sensitive to environmental events. Any such event may adversely impact Japan's economy or business operations of companies in Japan, causing an adverse impact on the value of the Fund.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Lack of Natural Resources Risk. The Fund invests in Japan, which has few natural resources. Any fluctuation or shortage in the commodity markets could have a negative impact on Japanese securities.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of Japanese securities or Japanese markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in a country whose economy is heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk and U.S. Economic Risk.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Volatility Risk. Although the Underlying Index was created by the Index Provider to seek lower volatility than the Parent Index and the Fund's name reflects the name of the Underlying Index as provided by the Index Provider, there is no guarantee that the Index Provider will be successful in creating an index that minimizes volatility, and there is a risk that the Fund may experience more than minimum volatility. Securities in the Fund's portfolio may be subject to price volatility, and the prices may not be any less volatile than the market as a whole, and could be more volatile.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 13.04% in the 1st quarter of 2015; the worst was -7.79% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI Min Vol Japan ETF | iShares Edge MSCI Min Vol Japan ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.30%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.30%
1 Year rr_ExpenseExampleYear01 $ 31
3 Years rr_ExpenseExampleYear03 97
5 Years rr_ExpenseExampleYear05 169
10 Years rr_ExpenseExampleYear10 $ 381
2015 rr_AnnualReturn2015 16.39%
2016 rr_AnnualReturn2016 2.63%
2017 rr_AnnualReturn2017 20.14%
2018 rr_AnnualReturn2018 (5.59%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 8.28%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2015
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 13.04%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (7.79%)
One Year rr_AverageAnnualReturnYear01 (5.59%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 6.66%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 03, 2014
iShares Edge MSCI Min Vol Japan ETF | Return After Taxes on Distributions | iShares Edge MSCI Min Vol Japan ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (5.87%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 6.27% [3]
iShares Edge MSCI Min Vol Japan ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI Min Vol Japan ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (3.06%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 5.23% [3]
iShares Edge MSCI Min Vol Japan ETF | MSCI Japan Minimum Volatility (USD) Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (5.44%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 6.85%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 8.28%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 15 R80.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Currency Hedged MSCI EAFE Small-Cap ETF
iSHARES® CURRENCY HEDGED MSCI EAFE SMALL-CAP ETF Ticker: HSCZ                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Currency Hedged MSCI EAFE Small-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of small capitalization developed market equities, excluding the U.S. and Canada, while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees so that the Fund’s total annual fund operating expenses after fee waiver is equal to the Acquired Fund Fees and Expenses attributable to the Fund’s investment in the iShares MSCI EAFE Small-Cap ETF (“SCZ” or the “Underlying Fund”), after taking into account any fee waivers by SCZ, plus 0.03% through November 30, 2020. The contractual waiver may be terminated prior to November 30, 2020 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares Currency Hedged MSCI EAFE Small-Cap ETF | iShares Currency Hedged MSCI EAFE Small-Cap ETF 0.43% none none 0.40% 0.83% (0.40%) 0.43%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Currency Hedged MSCI EAFE Small-Cap ETF | iShares Currency Hedged MSCI EAFE Small-Cap ETF | USD ($) 44 224 421 988
Portfolio Turnover.
The Fund and the Underlying Fund in which the Fund principally invests, the iShares MSCI EAFE Small-Cap ETF, may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolios). A higher portfolio turnover rate for the Fund or the Underlying Fund may indicate higher transaction costs and may cause the Fund or the Underlying Fund to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to the Underlying Fund included as part of Acquired Fund Fees and Expenses), affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 10% of the average value of its portfolio. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI EAFE Small Cap 100% Hedged to USD Index (the “Underlying Index”), an equity benchmark which represents the performance of international small-cap stocks, which attempts to mitigate exposure to the currency risk inherent in certain securities included in the Underlying Index by hedging to the U.S. dollar. As of July 31, 2019, the Underlying Index consisted of securities from the following 21 developed market countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). Under MSCI’s Global Investable Market Index Methodology, the small-cap universe consists of securities of those companies not included in the large-cap or mid-cap segments of a particular market, which together comprise approximately 85% of each market’s free float-adjusted market capitalization. The small-cap segment covers the 85%-99% range of each market’s free float-adjusted market capitalization. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the industrials industry or sector. The components of the Underlying Index are likely to change over time.

The Fund seeks to achieve its investment objective by investing a substantial portion of its assets in the Underlying Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund and the Underlying Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities or other instruments comprising an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and the Underlying Fund may or may not hold all of the securities and other components of the applicable underlying index.

The Fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the Underlying Fund) and other instruments of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Components of the Underlying Index include equity securities and currency forward contracts (both deliverable and nondeliverable) designed to hedge non-U.S. currency fluctuations against the U.S. dollar. The notional exposure to currency forward contracts (both deliverable and nondeliverable) generally will be a short position that hedges the currency risk of the equity portfolio. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The index is 100% hedged to the U.S. dollar by selling each foreign non-U.S. dollar currency forward at the one-month Forward weight in order to create a “hedge” against fluctuations in the relative value of the non-U.S. dollar component currencies in relation to the U.S. dollar. A currency forward contract is an over-the-counter (“OTC”) contract between two parties to buy or sell a specified amount of a specific currency in the future at an agreed-upon exchange rate. The hedge is reset monthly by MSCI and is not adjusted intra-month based on movement in the value of the component equity securities and/or currencies. The Underlying Index may therefore be slightly “over-hedged” (if equity values decline) or “under-hedged” (if the equity values increase) between the month-end rebalances. The Underlying Index is designed to have higher returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are weakening relative to the U.S. dollar and appreciation in some of the non- U.S. dollar component currencies does not exceed the aggregate depreciation of the others. Conversely, the Underlying Index is designed to have lower returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are rising relative to the U.S. dollar.

In order to track the “hedging” component of the Underlying Index, the Fund intends to enter into currency forward contracts as described above. While this approach is designed to minimize the impact of currency fluctuations on Fund returns, it does not necessarily eliminate the Fund’s exposure to the non-U.S. dollar component currencies. The return of the currency forward contracts may not perfectly offset the actual fluctuations in value between the non-U.S. dollar component currencies and the U.S. dollar.

The Fund may also use non-deliverable forward (“NDF”) contracts to execute its hedging transactions. An NDF is a contract where there is no physical settlement of two currencies at maturity. Rather, based on the movement of the currencies and the contractually agreed-upon exchange rate, a net cash settlement will be made by one party to the other in U.S. dollars.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities and currency forwards in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Fund), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or the Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this Prospectus), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or the Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Hedging Risk. When a derivative is used as a hedge against a position that the Fund or the Underlying Fund holds, any loss generated by the derivative generally should be substantially offset by gains on the hedged investment, and vice versa. While hedging can reduce or eliminate losses, it can also reduce or eliminate gains. Hedges are sometimes subject to imperfect matching between the derivative and its reference asset, and there can be no assurance that the Fund’s hedging transactions will be effective.

In seeking to track the “hedging” component of the Underlying Index, the Fund invests in currency forward contracts (which may include both physically-settled forward contracts and NDFs) designed to hedge the currency exposure of non-U.S. dollar denominated securities held in its portfolio (directly or indirectly through its investment in the Underlying Fund). NDFs may be less liquid than deliverable currency forward contracts and require the Fund to post variation margin to the counterparty, which can increase costs for the Fund. A lack of liquidity in NDFs of the hedged currency could result in the Fund being unable to structure its hedging transactions as intended. In addition, BFA may seek to limit the size of the Fund in order to attempt to reduce the likelihood of a situation where the Fund is unable to obtain sufficient liquidity in an underlying currency hedge to implement its investment objective.

Currency forward contracts, including NDFs, do not eliminate movements in the value of non-U.S. currencies and securities but rather allow the Fund to establish a fixed rate of exchange for a future point in time. Exchange rates may be volatile and may change quickly and unpredictably in response to both global economic developments and economic conditions in a geographic region in which the Fund or the Underlying Fund invests. In addition, in order to minimize transaction costs, or for other reasons, the Fund’s exposure to the non-U.S. dollar component currencies may not be fully hedged at all times. At certain times, the Fund may use an optimized hedging strategy and will hedge a smaller number of non-U.S. dollar component currencies to reduce hedging costs. In addition, because the Fund’s currency hedge is reset on a monthly basis, currency risk can develop or increase intra-month. Furthermore, while the Fund is designed to hedge against currency fluctuations, it is possible that a degree of currency exposure may remain even at the time a hedging transaction is implemented. As a result, the Fund may not be able to structure its hedging transactions as anticipated or its hedging transactions may not successfully reduce the currency risk included in the Fund’s portfolio. Because currency forwards are over-the-counter instruments, the Fund is subject to counterparty risk as well as market or liquidity risk with respect to the hedging transactions the Fund enters into. Currency hedging activity exposes the Fund to credit risk due to counterparty exposure. This risk will be higher to the extent that the Fund trades with a single counterparty or small number of counterparties.

The effectiveness of the Fund’s currency hedging strategy will in general be affected by the volatility of both the Underlying Index and the volatility of the U.S. dollar relative to the currencies to be hedged, measured on an aggregate basis. Increased volatility in either or both of the Underlying Index and the U.S. dollar relative to the currencies to be hedged will generally reduce the effectiveness of the Fund’s currency hedging strategy. In addition, volatility in one or more of the currencies may offset stability in another currency and reduce the overall effectiveness of the hedges. The effectiveness of the Fund’s currency hedging strategy may also in general be affected by interest rates. Significant differences between U.S. dollar interest rates and some or all of the applicable foreign currency interest rates may impact the effectiveness of the Fund’s currency hedging strategy.

Currency Risk. Because the Fund's and the Underlying Fund's NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of one or more of the non-U.S. markets in which the Fund or the Underlying Fund invests depreciates against the U.S. dollar and the depreciation of one currency is not offset by appreciation in another currency and/or the Fund's attempt to hedge currency exposure to the depreciating currency or currencies is unsuccessful. Generally, an increase in the value of the U.S. dollar against the non-U.S. dollar component currencies will reduce the value of a security denominated in such currencies, as applicable. In addition, fluctuations in the exchange rates of currencies could affect the economy or particular business operations of companies in a geographic region, including securities in which the Fund or the Underlying Fund invests, causing an adverse impact on the Fund’s or the Underlying Fund’s investments in the affected region and the U.S. As a result, investors have the potential for losses regardless of the length of time they intend to hold Fund shares. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Fund, the Fund's or the Underlying Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or the issuers of securities in which the Fund or the Underlying Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or issuers of securities in which the Fund or the Underlying Fund invests.

Derivatives Risk. The Fund will use currency forwards and NDFs to hedge the currency exposure resulting from investments in the foreign currency-denominated securities held by the Fund or the Underlying Fund. The Fund’s or the Underlying Fund's use of these instruments, like investments in other derivatives, may reduce the Fund’s or the Underlying Fund's returns, increase volatility and/or result in losses due to credit risk or ineffective hedging strategies. Volatility is defined as the characteristic of a security, a currency, an index or a market, to fluctuate significantly in price within a defined time period. Currency forwards, like other derivatives, are also subject to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. A risk of the Fund’s or the Underlying Fund's use of derivatives is that the fluctuations in their values may not correlate perfectly with the value of the currency or currencies being hedged as compared to that of the U.S. dollar. The possible lack of a liquid secondary market for derivatives and the resulting inability of the Fund or the Underlying Fund to sell or otherwise close a derivatives position could expose the Fund or the Underlying Fund to losses and could make derivatives more difficult for the Fund or the Underlying Fund to value accurately. The Fund or the Underlying Fund could also suffer losses related to its derivatives positions as a result of unanticipated market movements, which losses are potentially unlimited. BFA’s use of derivatives is not intended to predict the direction of securities prices, currency exchange rates, interest rates and other economic factors, which could cause the Fund’s derivatives positions to lose value. Derivatives may give rise to a form of leverage and may expose the Fund or the Underlying Fund to greater risk and increase its costs. Regulatory requirements may make derivatives more costly, may limit the availability of derivatives, and may delay or restrict the exercise of remedies by the Fund upon a counterparty default under derivatives held by the Fund (which could result in losses), remedies or termination rights by the Fund, and may otherwise adversely affect the value and performance of derivatives.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or the Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or the Underlying Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Investment in Underlying Fund Risk. The Fund expects to invest a substantial portion of its assets in the Underlying Fund, so the Fund’s investment performance is likely to be directly related to the performance of the Underlying Fund. The Fund’s NAV will change with changes in the value of the Underlying Fund and other instruments in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Fund, including as a result of the currency hedging activity conducted by the Fund.

As the Fund’s allocation to the Underlying Fund changes from time to time, or to the extent that the total annual fund operating expenses of the Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities and other instruments to which the Fund and the Underlying Fund have exposure. Changes in the financial condition or credit rating of an issuer of those securities or counterparty on other instruments may cause the value of the securities or instruments to decline.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Fund face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, losses due to ineffective currency hedges, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S AND THE UNDERLYING FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or the Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or the Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or the Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or the Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund and the Underlying Fund are specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund and the Underlying Fund are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s or the Underlying Fund's service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Fund are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund and the Underlying Fund invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund and the Underlying Fund are specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s or the Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s or the Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund or the Underlying Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund and the Underlying Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the European Union (the “EU”) (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund and the Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Structural Risk. The countries in which the Fund or the Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund invests in the Underlying Fund, the Fund’s realized losses on sales of shares of the Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by the Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of the Underlying Fund, if any, would not offset net capital gains of the Fund. Each of these effects is caused by the Fund’s investment in the Underlying Fund and may result in distributions to Fund shareholders being of higher magnitude and less likely to qualify for lower capital gain tax rates than if the Fund were to invest directly in the securities and other instruments comprising the Underlying Index. The Fund invests in derivatives. The federal income tax treatment of a derivative may not be as favorable as a direct investment in an underlying asset. Derivatives may produce taxable income and taxable realized gain. Derivatives may adversely affect the timing, character and amount of income the Fund realizes from its investments. As a result, a larger portion of the Fund’s distributions may be treated as ordinary income rather than as capital gains. In addition, certain derivatives are subject to mark-to-market or straddle provisions of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”). If such provisions are applicable, there could be an increase (or decrease) in the amount of taxable dividends paid by the Fund. Income from swaps is generally taxable. In addition, the tax treatment of certain derivatives, such as swaps, is unsettled and may be subject to future legislation, regulation or administrative pronouncements issued by the U.S. Internal Revenue Service (“IRS”).

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities (including shares of the Underlying Fund) and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund’s valuation of a security at the time of calculation of the Fund’s NAV), transaction and hedging costs incurred and forward rates achieved by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or other distributions, interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index and the cost to the Fund of complying with various new or existing regulatory requirements. These risks may be heightened during times of increased market volatility or other unusual market conditions in the affected securities and/or foreign exchange markets. In addition, tracking error may result because the Fund incurs fees and expenses, while the Underlying Index does not, and because the Fund accepts creations and redemptions during time periods between which it is able to adjust its currency hedges, whereas the Underlying Index does not adjust its hedging during these periods. To the extent that the Fund seeks its investment objective through investments in the Underlying Fund, the Fund may experience increased tracking error as compared to investing directly in the component securities of the Underlying Index. The potential for increased tracking error may result from investments in the Underlying Fund due to, among other things, differences in the composition of the investment portfolio of the Underlying Fund as compared to the index tracked by the Underlying Fund and differences in the timing of the Fund’s valuation of: (i) the Underlying Fund and the currency forward contracts (each valued as of the close of the New York Stock Exchange (“NYSE”), typically 4:00 p.m., Eastern Time), (ii) the valuation of the securities in the Underlying Index (generally valued as of each security’s local market close) and (iii) the currency forward contracts included in the Underlying Index (generally valued at 4:00 p.m., London time).

Valuation Risk. The price the Fund and the Underlying Fund could receive upon the sale of a security or unwind of a financial instrument or other asset may differ from the Fund's or the Underlying Fund's valuation of the security, instrument or other asset and from the value used by the Underlying Index, particularly for securities or other instruments that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other instruments in the Fund's or the Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or the Underlying Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund or the Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or the Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund’s or the Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 17.16%.
The best calendar quarter return during the periods shown above was 8.17% in the 3rd quarter of 2016; the worst was -15.23% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Currency Hedged MSCI EAFE Small-Cap ETF
One Year
Since Fund Inception
Inception Date
iShares Currency Hedged MSCI EAFE Small-Cap ETF (13.55%) 4.77% Jun. 29, 2015
iShares Currency Hedged MSCI EAFE Small-Cap ETF | Return After Taxes on Distributions [1] (14.90%) 3.74%  
iShares Currency Hedged MSCI EAFE Small-Cap ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (7.34%) 3.54%  
MSCI EAFE Small Cap 100% Hedged to USD Index (Index returns do not reflect deductions for fees, expenses, or taxes) (13.55%) 4.80%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 16 R74.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Currency Hedged MSCI EAFE ETF
iSHARES® CURRENCY HEDGED MSCI EAFE ETF Ticker: HEFA                                 Stock Exchange: Cboe BZX
Investment Objective
The iShares Currency Hedged MSCI EAFE ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization equities in Europe, Australasia, and the Far East while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees so that the Fund’s total annual fund operating expenses after fee waiver is equal to the Acquired Fund Fees and Expenses attributable to the Fund’s investment in the iShares MSCI EAFE ETF (“EFA” or the “Underlying Fund”) after taking into account any fee waivers by EFA, plus 0.03% through November 30, 2020. The contractual waiver may be terminated prior to November 30, 2020 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares Currency Hedged MSCI EAFE ETF | iShares Currency Hedged MSCI EAFE ETF 0.38% none none 0.32% 0.70% (0.35%) 0.35%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Currency Hedged MSCI EAFE ETF | iShares Currency Hedged MSCI EAFE ETF | USD ($) 36 188 355 837
Portfolio Turnover.
The Fund and the Underlying Fund in which the Fund principally invests, the iShares MSCI EAFE ETF, may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolios). A higher portfolio turnover rate for the Fund or the Underlying Fund may indicate higher transaction costs and may cause the Fund or the Underlying Fund to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to the Underlying Fund included as part of Acquired Fund Fees and Expenses), affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 7% of the average value of its portfolio. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI EAFE® 100% Hedged to USD Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) as an equity benchmark for international stock performance, which attempts to mitigate exposure to the currency risk inherent in certain securities included in the Underlying Index by hedging to the U.S. dollar. The Underlying Index includes stocks from Europe, Australasia and the Far East and, as of July 31, 2019, consisted of securities from the following 21 developed market countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index may include large- or mid- capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

The Fund seeks to achieve its investment objective by investing a substantial portion of its assets in the Underlying Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund and the Underlying Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities or other instruments comprising an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and the Underlying Fund may or may not hold all of the securities and other components of the applicable underlying index.

The Fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the Underlying Fund) and other instruments of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Components of the Underlying Index include equity securities and currency forward contracts (both deliverable and nondeliverable) designed to hedge non-U.S. currency fluctuations against the U.S. dollar. The notional exposure to currency forward contracts (both deliverable and nondeliverable) generally will be a short position that hedges the currency risk of the equity portfolio. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The index is 100% hedged to the U.S. dollar by selling each foreign non-U.S. dollar currency forward at the one-month Forward weight in order to create a “hedge” against fluctuations in the relative value of the non-U.S. dollar component currencies in relation to the U.S. dollar. A currency forward contract is an over-the-counter (“OTC”) contract between two parties to buy or sell a specified amount of a specific currency in the future at an agreed-upon exchange rate. The hedge is reset monthly by MSCI and is not adjusted intra-month based on movement in the value of the component equity securities and/or currencies. The Underlying Index may therefore be slightly “over-hedged” (if equity values decline) or “under-hedged” (if the equity values increase) between the month-end rebalances. The Underlying Index is designed to have higher returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are weakening relative to the U.S. dollar and appreciation in some of the non- U.S. dollar component currencies does not exceed the aggregate depreciation of the others. Conversely, the Underlying Index is designed to have lower returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are rising relative to the U.S. dollar.

In order to track the “hedging” component of the Underlying Index, the Fund intends to enter into currency forward contracts as described above. While this approach is designed to minimize the impact of currency fluctuations on Fund returns, it does not necessarily eliminate the Fund’s exposure to the non-U.S. dollar component currencies. The return of the currency forward contracts may not perfectly offset the actual fluctuations in value between the non-U.S. dollar component currencies and the U.S. dollar.

The Fund may also use non-deliverable forward (“NDF”) contracts to execute its hedging transactions. An NDF is a contract where there is no physical settlement of two currencies at maturity. Rather, based on the movement of the currencies and the contractually agreed-upon exchange rate, a net cash settlement will be made by one party to the other in U.S. dollars.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities and currency forwards in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Fund), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or the Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or the Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Hedging Risk. When a derivative is used as a hedge against a position that the Fund or the Underlying Fund holds, any loss generated by the derivative generally should be substantially offset by gains on the hedged investment, and vice versa. While hedging can reduce or eliminate losses, it can also reduce or eliminate gains. Hedges are sometimes subject to imperfect matching between the derivative and its reference asset, and there can be no assurance that the Fund’s hedging transactions will be effective.

In seeking to track the “hedging” component of the Underlying Index, the Fund invests in currency forward contracts (which may include both physically-settled forward contracts and NDFs) designed to hedge the currency exposure of non-U.S. dollar denominated securities held in its portfolio (directly or indirectly through its investment in the Underlying Fund). NDFs may be less liquid than deliverable currency forward contracts and require the Fund to post variation margin to the counterparty, which can increase costs for the Fund. A lack of liquidity in NDFs of the hedged currency could result in the Fund being unable to structure its hedging transactions as intended. In addition, BFA may seek to limit the size of the Fund in order to attempt to reduce the likelihood of a situation where the Fund is unable to obtain sufficient liquidity in an underlying currency hedge to implement its investment objective.

Currency forward contracts, including NDFs, do not eliminate movements in the value of non-U.S. currencies and securities but rather allow the Fund to establish a fixed rate of exchange for a future point in time. Exchange rates may be volatile and may change quickly and unpredictably in response to both global economic developments and economic conditions in a geographic region in which the Fund or the Underlying Fund invests. In addition, in order to minimize transaction costs, or for other reasons, the Fund’s exposure to the non-U.S. dollar component currencies may not be fully hedged at all times. At certain times, the Fund may use an optimized hedging strategy and will hedge a smaller number of non-U.S. dollar component currencies to reduce hedging costs. In addition, because the Fund’s currency hedge is reset on a monthly basis, currency risk can develop or increase intra-month. Furthermore, while the Fund is designed to hedge against currency fluctuations, it is possible that a degree of currency exposure may remain even at the time a hedging transaction is implemented. As a result, the Fund may not be able to structure its hedging transactions as anticipated or its hedging transactions may not successfully reduce the currency risk included in the Fund’s portfolio. Because currency forwards are over-the-counter instruments, the Fund is subject to counterparty risk as well as market or liquidity risk with respect to the hedging transactions the Fund enters into. Currency hedging activity exposes the Fund to credit risk due to counterparty exposure. This risk will be higher to the extent that the Fund trades with a single counterparty or small number of counterparties.

The effectiveness of the Fund’s currency hedging strategy will in general be affected by the volatility of both the Underlying Index and the volatility of the U.S. dollar relative to the currencies to be hedged, measured on an aggregate basis. Increased volatility in either or both of the Underlying Index and the U.S. dollar relative to the currencies to be hedged will generally reduce the effectiveness of the Fund’s currency hedging strategy. In addition, volatility in one or more of the currencies may offset stability in another currency and reduce the overall effectiveness of the hedges. The effectiveness of the Fund’s currency hedging strategy may also in general be affected by interest rates. Significant differences between U.S. dollar interest rates and some or all of the applicable foreign currency interest rates may impact the effectiveness of the Fund’s currency hedging strategy.

Currency Risk. Because the Fund's and the Underlying Fund's NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of one or more of the non-U.S. markets in which the Fund or the Underlying Fund invests depreciates against the U.S. dollar and the depreciation of one currency is not offset by appreciation in another currency and/or the Fund's attempt to hedge currency exposure to the depreciating currency or currencies is unsuccessful. Generally, an increase in the value of the U.S. dollar against the non-U.S. dollar component currencies will reduce the value of a security denominated in such currencies, as applicable. In addition, fluctuations in the exchange rates of currencies could affect the economy or particular business operations of companies in a geographic region, including securities in which the Fund or the Underlying Fund invests, causing an adverse impact on the Fund’s or the Underlying Fund’s investments in the affected region and the U.S. As a result, investors have the potential for losses regardless of the length of time they intend to hold Fund shares. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Fund, the Fund's or the Underlying Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or the issuers of securities in which the Fund or the Underlying Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or issuers of securities in which the Fund or the Underlying Fund invests.

Derivatives Risk. The Fund will use currency forwards and NDFs to hedge the currency exposure resulting from investments in the foreign currency-denominated securities held by the Fund or the Underlying Fund. The Fund’s or the Underlying Fund's use of these instruments, like investments in other derivatives, may reduce the Fund’s or the Underlying Fund's returns, increase volatility and/or result in losses due to credit risk or ineffective hedging strategies. Volatility is defined as the characteristic of a security, a currency, an index or a market, to fluctuate significantly in price within a defined time period. Currency forwards, like other derivatives, are also subject to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. A risk of the Fund’s or the Underlying Fund's use of derivatives is that the fluctuations in their values may not correlate perfectly with the value of the currency or currencies being hedged as compared to that of the U.S. dollar. The possible lack of a liquid secondary market for derivatives and the resulting inability of the Fund or the Underlying Fund to sell or otherwise close a derivatives position could expose the Fund or the Underlying Fund to losses and could make derivatives more difficult for the Fund or the Underlying Fund to value accurately. The Fund or the Underlying Fund could also suffer losses related to its derivatives positions as a result of unanticipated market movements, which losses are potentially unlimited. BFA’s use of derivatives is not intended to predict the direction of securities prices, currency exchange rates, interest rates and other economic factors, which could cause the Fund’s derivatives positions to lose value. Derivatives may give rise to a form of leverage and may expose the Fund or the Underlying Fund to greater risk and increase its costs. Regulatory requirements may make derivatives more costly, may limit the availability of derivatives, and may delay or restrict the exercise of remedies by the Fund upon a counterparty default under derivatives held by the Fund (which could result in losses), remedies or termination rights by the Fund, and may otherwise adversely affect the value and performance of derivatives.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or the Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or the Underlying Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Investment in Underlying Fund Risk. The Fund expects to invest a substantial portion of its assets in the Underlying Fund, so the Fund’s investment performance is likely to be directly related to the performance of the Underlying Fund. The Fund’s NAV will change with changes in the value of the Underlying Fund and other instruments in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Fund, including as a result of the currency hedging activity conducted by the Fund.

As the Fund’s allocation to the Underlying Fund changes from time to time, or to the extent that the total annual fund operating expenses of the Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities and other instruments to which the Fund and the Underlying Fund have exposure. Changes in the financial condition or credit rating of an issuer of those securities or counterparty on other instruments may cause the value of the securities or instruments to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Fund face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, losses due to ineffective currency hedges, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S AND THE UNDERLYING FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or the Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or the Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or the Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or the Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund and the Underlying Fund are specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund and the Underlying Fund are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s or the Underlying Fund's service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Fund are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund and the Underlying Fund invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund and the Underlying Fund are specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s or the Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s or the Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund or the Underlying Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund and the Underlying Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the European Union (the “EU”) (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund and the Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund or the Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund invests in the Underlying Fund, the Fund’s realized losses on sales of shares of the Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by the Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of the Underlying Fund, if any, would not offset net capital gains of the Fund. Each of these effects is caused by the Fund’s investment in the Underlying Fund and may result in distributions to Fund shareholders being of higher magnitude and less likely to qualify for lower capital gain tax rates than if the Fund were to invest directly in the securities and other instruments comprising the Underlying Index. The Fund invests in derivatives. The federal income tax treatment of a derivative may not be as favorable as a direct investment in an underlying asset. Derivatives may produce taxable income and taxable realized gain. Derivatives may adversely affect the timing, character and amount of income the Fund realizes from its investments. As a result, a larger portion of the Fund’s distributions may be treated as ordinary income rather than as capital gains. In addition, certain derivatives are subject to mark-to-market or straddle provisions of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”). If such provisions are applicable, there could be an increase (or decrease) in the amount of taxable dividends paid by the Fund. Income from swaps is generally taxable. In addition, the tax treatment of certain derivatives, such as swaps, is unsettled and may be subject to future legislation, regulation or administrative pronouncements issued by the U.S. Internal Revenue Service (“IRS”).

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities (including shares of the Underlying Fund) and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund’s valuation of a security at the time of calculation of the Fund’s NAV), transaction and hedging costs incurred and forward rates achieved by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or other distributions, interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index and the cost to the Fund of complying with various new or existing regulatory requirements. These risks may be heightened during times of increased market volatility or other unusual market conditions in the affected securities and/or foreign exchange markets. In addition, tracking error may result because the Fund incurs fees and expenses, while the Underlying Index does not, and because the Fund accepts creations and redemptions during time periods between which it is able to adjust its currency hedges, whereas the Underlying Index does not adjust its hedging during these periods. To the extent that the Fund seeks its investment objective through investments in the Underlying Fund, the Fund may experience increased tracking error as compared to investing directly in the component securities of the Underlying Index. The potential for increased tracking error may result from investments in the Underlying Fund due to, among other things, differences in the composition of the investment portfolio of the Underlying Fund as compared to the index tracked by the Underlying Fund and differences in the timing of the Fund’s valuation of: (i) the Underlying Fund and the currency forward contracts (each valued as of the close of the New York Stock Exchange (“NYSE”), typically 4:00 p.m., Eastern Time), (ii) the valuation of the securities in the Underlying Index (generally valued as of each security’s local market close) and (iii) the currency forward contracts included in the Underlying Index (generally valued at 4:00 p.m., London time).

Valuation Risk. The price the Fund and the Underlying Fund could receive upon the sale of a security or unwind of a financial instrument or other asset may differ from the Fund's or the Underlying Fund's valuation of the security, instrument or other asset and from the value used by the Underlying Index, particularly for securities or other instruments that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other instruments in the Fund's or the Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or the Underlying Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund or the Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or the Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund’s or the Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 18.45%.
The best calendar quarter return during the periods shown above was 11.04% in the 1st quarter of 2015; the worst was -11.80% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Currency Hedged MSCI EAFE ETF
One Year
Since Fund Inception
Inception Date
iShares Currency Hedged MSCI EAFE ETF (9.24%) 5.28% Jan. 31, 2014
iShares Currency Hedged MSCI EAFE ETF | Return After Taxes on Distributions [1] (10.11%) 4.51%  
iShares Currency Hedged MSCI EAFE ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (4.71%) 4.17%  
MSCI EAFE® 100% Hedged to USD Index (Index returns do not reflect deductions for fees, expenses, or taxes) (8.96%) 5.43%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 17 BarChart29.png IDEA: XBRL DOCUMENT begin 644 BarChart29.png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

O3HL,7P MS)EGGHD33SP1X\>/QXX=.]"G3Q_\]*<_+=KQDX,4JP<./OA@''SPP?G?DR9- MPA577!&B1-Z9/'DRKKGF&I25E>&[[[[#SIT[T:-'C[#%/[<5U]]A?GSY^.%%UY M>7DY]MMOO\@[WV7E6;-F#>Z[[SY\^.&'6+)D":Z^^FH<>."!(4MKC:P\AQYZ M*)8M6X;WWW\?CS[Z*$XXX02,&C4J9&FM,>MOSS__/%*I%$:.'!FBA,Z0E>? M P_$;;?=AG7KUN'AAQ_&@ $#3/W_Q0)MPD(0!*&8XO<2$P1!1 Q2K 1!$(HA MQ4H0!*$84JP$01"*(<5*$ 2A&%*L!$$0BB'%2A $H1A2K 1!$(HAQ4H0!*$8 M4JP$01"*(<5*$ 2A&%*L!$$0BB'%2A $H1A2K 1!$(HAQ4H0!*$84JP$01"* 6^7^#=-5F-WU3\P !)14Y$KD)@@@$! end XML 18 R150.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI Multifactor Intl ETF
iSHARES® EDGE MSCI MULTIFACTOR INTL ETF Ticker: INTF                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Edge MSCI Multifactor Intl ETF (the “Fund”) seeks to track the investment results of an index composed of global developed market large- and mid-capitalization stocks, excluding the U.S., that have favorable exposure to target style factors subject to constraints.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Edge MSCI Multifactor Intl ETF | iShares Edge MSCI Multifactor Intl ETF 0.30% none none [1] 0.30%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI Multifactor Intl ETF | iShares Edge MSCI Multifactor Intl ETF | USD ($) 31 97 169 381
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 44% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI World ex USA Diversified Multiple-Factor Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is designed to select equity securities from the MSCI World ex USA Index (the “Parent Index”) that have high exposure to four investment style factors – value, quality, momentum and low size – while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors.

MSCI, in selecting equity securities from the Parent Index, which is comprised of large- and mid-capitalization stocks, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors – value, quality, momentum and low size – is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest & taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward share price to earnings estimates)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the same country over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.

As of July 31, 2019, the Underlying Index consisted of securities from approximately 207 companies from the following countries or regions: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Israel, Italy, Japan, the Netherlands, New Zealand, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index may include large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Low Size Risk. The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (“low size companies”) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Model Risk. Neither the Fund nor BFA can offer assurances that the Index Provider’s model will result in the Fund meeting its investment objective. The Fund may underperform other funds that do not similarly invest.

Momentum Securities Risk. Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Quality Stocks Risk. Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock’s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Value Strategy Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 9.64%.
The best calendar quarter return during the periods shown above was 7.49% in the 3rd quarter of 2016; the worst was -14.50% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI Multifactor Intl ETF
One Year
Since Fund Inception
Inception Date
iShares Edge MSCI Multifactor Intl ETF (15.67%) 0.96% Apr. 28, 2015
iShares Edge MSCI Multifactor Intl ETF | Return After Taxes on Distributions [1] (16.04%) 0.46%  
iShares Edge MSCI Multifactor Intl ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (8.78%) 0.80%  
MSCI World ex USA Diversified Multiple-Factor Index (Index returns do not reflect deductions for fees, expenses, or taxes) (15.58%) 1.07%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.

XML 19 R19.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Core Conservative Allocation ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iShares Core Conservative Allocation ETF Ticker: AOK                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Core Conservative Allocation ETF (the “Fund”) seeks to track the investment results of an index composed of a portfolio of underlying equity and fixed income funds intended to represent a conservative target risk allocation strategy.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.  The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination November 30, 2021
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund and the iShares funds in which the Fund invests (each, an “Underlying Fund” and collectively, the “Underlying Funds”), may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolio). A higher portfolio turnover rate for the Fund or Underlying Funds may indicate higher transaction costs primarily in other iShares Underlying and may cause the Fund or Underlying Funds to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to Underlying Funds included as part of Acquired Fund Fees and Expenses), affect the Fund's performance. To the extent an Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. During the most recent fiscal year, the Fund’s portfolio turnover rate was 3% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 3.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows:
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund is a fund of funds and seeks to achieve its investment objective by investing primarily in Underlying Funds that themselves seek investment results corresponding to their own respective underlying indexes. The Underlying Funds invest primarily in distinct asset classes, such as large- or mid-capitalization U.S. or non-U.S. equity, the aggregate bond market (including allocation to international bonds as well as USD-denominated bonds) or the U.S. Treasury bond market; each such asset class has its own risk profile.

The S&P Target Risk Conservative Index (the “Underlying Index”) is composed of a portfolio of equity and fixed-income Underlying Funds and measures the performance of the S&P Dow Jones Indices LLC (the “Index Provider” or “SPDJI”) proprietary allocation model that is intended to represent a “conservative” target risk allocation strategy as defined by SPDJI. The Underlying Index seeks to emphasize exposure to fixed income, in order to produce a current income stream and avoid excessive volatility of returns. Equities are included in the Underlying Index to seek to protect long-term purchasing power. SPDJI’s estimation of a conservative target risk allocation may differ from your own.

The Fund is designed for investors seeking current income, capital preservation and avoidance of excessive volatility of returns. As of July 31, 2019, the Underlying Index included a fixed allocation of 30% of its assets in Underlying Funds that invest primarily in equity securities and 70% of its assets in Underlying Funds that invest primarily in bonds. As of July 31, 2019, the Fund invested approximately 29.12% of its assets in Underlying Funds that invest primarily in equity securities, 70.78% of its assets in Underlying Funds that invest primarily in bonds and the remainder of its assets in Underlying Funds that invest primarily in money market instruments.

As of July 31, 2019, the Fund invested in the iShares Core International Aggregate Bond ETF, iShares Core MSCI Emerging Markets ETF, iShares Core MSCI International Developed Markets ETF, iShares Core S&P 500 ETF, iShares Core S&P Mid-Cap ETF, iShares Core S&P Small-Cap ETF, iShares Core Total USD Bond Market ETF and money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”). BFA may add, eliminate or replace any or all Underlying Funds at any time. As of July 31, 2019, a significant portion of the Underlying Index is represented by U.S. treasury securities. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and an Underlying Fund may or may not hold all of the securities in the applicable Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is a product of SPDJI which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Funds), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Affiliated Fund Risk. In managing the Fund, BFA will have the ability to select Underlying Funds and substitute Underlying Funds with other exchange-traded funds (“ETFs”) that it believes will achieve the Fund’s objective. BFA may be subject to potential conflicts of interest in selecting Underlying Funds and substituting Underlying Funds with other ETFs because the fees paid to BFA by some Underlying Funds and other ETFs managed by BFA may be higher than the fees paid by other Underlying Funds. If an Underlying Fund or other ETF holds interests in an affiliated fund in excess of a certain amount, the Fund may be prohibited from purchasing shares of that Underlying Fund or other ETF.

Allocation Risk. The Fund’s ability to achieve its investment objective depends upon the Index Provider's ability to develop a model that accurately assesses the Fund’s asset class allocation and selects the best mix of Underlying Funds and other ETFs. There is a risk that the Index Provider's evaluations and assumptions regarding asset classes or Underlying Funds, which are utilized as inputs in the model, may be incorrect in view of actual market conditions.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or an Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk.  Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for ETFs, such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund or an Underlying Fund may “call” or repay the security before its stated maturity, and the Fund or an Underlying Fund may have to reinvest the proceeds in securities with lower yields, which would result in a decline in the Fund's income, or in securities with greater risks or with other less favorable features.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or an Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may be unable or unwilling to make timely interest and/or principal payments when due or otherwise honor their obligations. Changes in an issuer’s credit rating or the market’s perception of an issuer’s creditworthiness may also adversely affect the value of the Fund’s or an Underlying Fund's investment in that issuer. The degree of credit risk depends on an issuer's or counterparty's financial condition and on the terms of an obligation.

Currency Risk. Because the Fund's and the Underlying Funds' NAVs are determined in U.S. dollars, the Fund's NAV could decline if a currency of a non-U.S. market in which a Fund or an Underlying Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Funds, the Funds' or the Underlying Funds' adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Derivatives Risk. The Fund or an Underlying Fund may invest in certain types of derivatives contracts, including futures, options and swaps, which can be more sensitive to changes in interest rates or to sudden fluctuations in market prices than conventional securities, which can result in greater losses to the Fund.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. Certain Underlying Funds invest in common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s or an Underlying Fund's investments.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or an Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or an Underlying Fund's investments in the affected region.

High Portfolio Turnover Risk. High portfolio turnover (considered by the Fund and the Underlying Funds to mean higher than 100% annually) may result in increased transaction costs to the Fund or an Underlying Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” which may include those bonds rated below “BBB-” by Standard & Poor’s® Global Ratings, a subsidiary of S&P Global, Inc. (“S&P Global Ratings”) and Fitch Ratings, Inc. (“Fitch”) or “Baa3” by Moody's Investors Service, Inc. (“Moody's”)), or are unrated, may be deemed speculative, may involve greater levels of risk than higher-rated securities of similar maturity and may be more likely to default.

Income Risk. The Fund's income may decline if interest rates fall. This decline in income can occur because the Fund or an Underlying Fund may subsequently invest in lower-yielding bonds when bonds in its portfolio mature, are near maturity or are called, bonds in the Underlying Index are substituted, or the Fund or an Underlying Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Interest Rate Risk. An increase in interest rates may cause the value of securities held by the Fund or an Underlying Fund to decline, may lead to heightened volatility in the fixed-income markets and may adversely affect the liquidity of certain fixed-income investments. The historically low interest rate environment, together with recent modest rate increases, heightens the risks associated with rising interest rates.

Investment in Underlying Funds Risk. The Fund invests substantially all of its assets in the Underlying Funds, so the Fund’s investment performance is directly related to the performance of the Underlying Funds. The Fund’s NAV will change with changes in the value of the Underlying Funds and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Funds.

As the Underlying Funds, or the Fund’s allocations among the Underlying Funds, change from time to time, or to the extent that the total annual fund operating expenses of any Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund or an Underlying Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund or the Underlying Funds will not fully replicate their respective indexes, they are subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Funds could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Funds face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Model Risk. Neither the Fund nor BFA can offer assurances that the Underlying Index's allocation model will achieve its intended results or maximize returns or minimize risk, or be appropriate for every investor seeking a particular risk profile.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Funds trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or an Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or an Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or an Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or an Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Operational Risk. The Fund and the Underlying Funds are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Funds and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Funds are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Prepayment Risk. During periods of falling interest rates, issuers of certain debt obligations may repay principal prior to the security’s maturity, which may cause the Fund to have to reinvest in securities with lower yields or higher risk of default, resulting in a decline in the Fund’s income or return potential.

Privately-Issued Securities Risk. The Fund or the Underlying Funds may invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the “1933 Act”). Privately-issued securities are securities that have not been registered under the 1933 Act and as a result may be subject to legal restrictions on resale. Privately-issued securities are generally not traded on established markets. As a result of the absence of a public trading market, privately issued securities may be deemed to be illiquid investments, may be more difficult to value than publicly traded securities and may be subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.

Reinvestment Risk. The Fund or an Underlying Fund may invest a portion of its assets in short-term fixed-income instruments and, as a result, may be adversely affected if interest rates fall because they may have to invest in lower-yielding bonds as bonds mature.

Reliance on Trading Partners Risk. The Fund and certain Underlying Funds invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s or an Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s or an Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund or the Underlying Funds has exposure.

Securities Lending Risk. The Fund or an Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Funds may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Funds could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund or an Underlying Fund.

Structural Risk. The countries in which the Fund or an Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund is expected to invest in the Underlying Funds, the Fund’s realized losses on sales of shares of an Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by an Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of an Underlying Fund, if any, would not offset net capital gains of the Fund.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of a fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in a fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because a fund incurs fees and expenses, while the Underlying Index does not. The Underlying Funds are also subject to tracking error risk in seeking to track their own performance of the applicable underlying indexes.

Treaty/Tax Risk. Certain of the Underlying Funds invest all of their assets that are invested in India in wholly owned subsidiaries located in the Republic of Mauritius (the “Subsidiaries”). These Underlying Funds and the Subsidiaries rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, an Underlying Fund may continue to invest in a Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.

U.S. Treasury Obligations Risk. U.S. Treasury obligations may differ from other securities in their interest rates, maturities, times of issuance and other characteristics and may provide relatively lower returns than those of other securities. Similar to other issuers, changes to the financial condition or credit rating of a government may cause the value of the Fund's or an Underlying Fund's U.S. Treasury obligations to decline.

Valuation Risk. The price the Fund or an Underlying Fund could receive upon the sale of a security or other asset may differ from the Fund's or the Underlying Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's or an Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or an Underlying Fund's shares. Authorized Participants who purchase or redeem shares of the Fund or an Underlying Fund on days when the Fund or an Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or an Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund’s or an Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 6.07% in the 3rd quarter of 2009; the worst was -3.22% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Core Conservative Allocation ETF | iShares Core Conservative Allocation ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.25%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.06%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.31%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.06%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.25%
1 Year rr_ExpenseExampleYear01 $ 26
3 Years rr_ExpenseExampleYear03 87
5 Years rr_ExpenseExampleYear05 162
10 Years rr_ExpenseExampleYear10 $ 381
2009 rr_AnnualReturn2009 9.35%
2010 rr_AnnualReturn2010 7.17%
2011 rr_AnnualReturn2011 4.28%
2012 rr_AnnualReturn2012 6.52%
2013 rr_AnnualReturn2013 6.64%
2014 rr_AnnualReturn2014 3.95%
2015 rr_AnnualReturn2015 (1.14%)
2016 rr_AnnualReturn2016 5.14%
2017 rr_AnnualReturn2017 9.61%
2018 rr_AnnualReturn2018 (2.88%) [1]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 10.85%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 6.07%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (3.22%)
One Year rr_AverageAnnualReturnYear01 (2.88%)
Five Years rr_AverageAnnualReturnYear05 2.84%
Ten Years rr_AverageAnnualReturnYear10 4.79%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 04, 2008
iShares Core Conservative Allocation ETF | Return After Taxes on Distributions | iShares Core Conservative Allocation ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (3.78%) [2]
Five Years rr_AverageAnnualReturnYear05 1.99% [2]
Ten Years rr_AverageAnnualReturnYear10 4.01% [2]
iShares Core Conservative Allocation ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Core Conservative Allocation ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (1.57%) [2]
Five Years rr_AverageAnnualReturnYear05 1.89% [2]
Ten Years rr_AverageAnnualReturnYear10 3.52% [2]
iShares Core Conservative Allocation ETF | S&P Target Risk Conservative Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (2.73%)
Five Years rr_AverageAnnualReturnYear05 2.93%
Ten Years rr_AverageAnnualReturnYear10 4.87%
[1] The Fund’s year-to-date return as of September 30, 2019 was 10.85%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 20 R235.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares MSCI ACWI Low Carbon Target ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI ACWI LOW CARBON TARGET ETF Ticker: CRBN                                 Stock Exchange: NYSE ARCA
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI ACWI Low Carbon Target ETF (the “Fund”) seeks to track the investment results of an index composed of large and mid-capitalization developed and emerging market equities with a lower carbon exposure than that of the broad market.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 14% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 14.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI ACWI Low Carbon Target Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is designed to address two dimensions of carbon exposure – carbon emissions and potential carbon emissions from fossil fuel reserves. By overweighting companies with low carbon emissions relative to sales and those with low potential carbon emissions from fossil fuel reserves relative to market capitalization, the Underlying Index aims to reflect a lower carbon exposure than that of the broad market. Carbon emissions and potential carbon emissions from fossil fuel reserves are measured based on an issuer’s reported data from annual reports, corporate social responsibility reports, the Carbon Disclosure Project, oil and gas industry bodies, and other relevant third-party sources. If an issuer does not report carbon emissions or potential carbon emissions from fossil fuel reserves, the data are estimated by MSCI using a proprietary model.

The Underlying Index is designed to achieve a target level of tracking relative to the MSCI ACWI Index (the “Parent Index”) while minimizing carbon exposure. The Underlying Index is a subset of the Parent Index that measures the combined equity market performance of developed and emerging market countries. The Parent Index serves as the universe of eligible securities for the Underlying Index. Securities included in the Parent Index are first assigned a “carbon exposure” measured in terms of the issuer’s greenhouse gas emissions (relative to the issuer’s annual sales, as measured by the most recent calendar year sales or closest fiscal year sales) and potential carbon emissions from fossil fuel reserves held by the issuer (per dollar of such issuer’s market capitalization, as measured during the semi-annual index review). The Underlying Index is then constructed using a process that aims to achieve replicability and investability, subject to the following objective and constraints: (i) minimize carbon exposure subject to a tracking error constraint of 30 basis points relative to the Parent Index; (ii) the maximum weight of an Underlying Index constituent may not be greater than 20 times its weight in the Parent Index; (iii) country weights in the Underlying Index may not deviate more than 2% from the country weights in the Parent Index; and (iv) sector weights in the Underlying Index may not deviate more than 2% from the sector weights in the Parent Index, with the exception of the energy sector, where there is no weight constraint applied. The Underlying Index may still include significant exposure to large companies that have proportionately greater carbon exposure relative to smaller companies with lower carbon exposure due to the Underlying Index’s constraints on deviating from the market capitalization of Parent Index constituents.

The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and technology industries or sectors. The components of the Underlying Index are likely to change over time. As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czechia, Denmark, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, New Zealand, Norway, Peru, the Philippines, Poland, Portugal, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Arab Emirates, the United Kingdom (the “U.K.”) and the U.S. (together, the “ACWI countries”). The lower carbon exposure sought by the Underlying Index may have no impact on (or no correlation with) the investment performance of the Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the carbon exposure of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s carbon exposure calculation methodology or sources of information will provide an accurate assessment of an issuer’s actual and potential carbon emissions.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Low Carbon Exposure Investment Strategy Risk. The Fund’s strategy of investing in securities of companies with low carbon exposure limits the type and number of investment opportunities available to the Fund and, as a result, the Fund may underperform other funds that do not seek to minimize carbon exposure. The Fund’s low carbon exposure investment strategy may result in the Fund investing in securities or industry sectors that underperform the market.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 7.32% in the 1st quarter of 2017; the worst was -12.64% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI ACWI Low Carbon Target ETF | iShares MSCI ACWI Low Carbon Target ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.20%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.20%
1 Year rr_ExpenseExampleYear01 $ 20
3 Years rr_ExpenseExampleYear03 64
5 Years rr_ExpenseExampleYear05 113
10 Years rr_ExpenseExampleYear10 $ 255
2015 rr_AnnualReturn2015 (1.34%)
2016 rr_AnnualReturn2016 7.64%
2017 rr_AnnualReturn2017 23.71%
2018 rr_AnnualReturn2018 (9.39%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 17.20%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2017
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 7.32%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (12.64%)
One Year rr_AverageAnnualReturnYear01 (9.39%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.12%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 08, 2014
iShares MSCI ACWI Low Carbon Target ETF | Return After Taxes on Distributions | iShares MSCI ACWI Low Carbon Target ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (9.89%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.58% [3]
iShares MSCI ACWI Low Carbon Target ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI ACWI Low Carbon Target ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (5.16%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.15% [3]
iShares MSCI ACWI Low Carbon Target ETF | MSCI ACWI Low Carbon Target Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (9.78%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.77%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 17.20%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 21 BarChart25.png IDEA: XBRL DOCUMENT begin 644 BarChart25.png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arChart21.png IDEA: XBRL DOCUMENT begin 644 BarChart21.png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end XML 23 R183.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI USA Momentum Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI USA MOMENTUM FACTOR ETF Ticker: MTUM                                 Stock Exchange: Cboe BZX
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI USA Momentum Factor ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks exhibiting relatively higher price momentum.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 138% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 138.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI USA Momentum Index (the “Underlying Index”), which consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index (the “Parent Index”), as determined by MSCI Inc. (the “Index Provider” or “MSCI”). The Parent Index includes U.S. large- and mid-capitalization stocks, as defined by MSCI. The Underlying Index is designed to measure the performance of an equity momentum strategy by emphasizing stocks with high price momentum, while maintaining reasonably high trading liquidity, investment capacity and moderate index turnover, each as determined by the Index Provider.

A risk-adjusted price momentum, defined by MSCI as the excess return over the risk-free rate divided by the annualized standard deviation of weekly returns over the past 3-years, is calculated for each security in the Parent Index over 6- and 12-month time periods. The 6- and 12-month risk-adjusted price momentum calculations are then standardized at plus- or minus-3 standard deviations and translated into an average momentum score. The weight of each Underlying Index constituent is determined by multiplying the security’s momentum score by its market capitalization-weight in the Parent Index. Additionally, each individual issuer is capped at 5%. MSCI uses an algorithm to determine the number of components in the Underlying Index based on the number of constituents in the Parent Index. The number of components is evaluated semi-annually. As of July 31, 2019, there were 124 securities in the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

High Portfolio Turnover Risk. High portfolio turnover (considered by the Fund to mean higher than 100% annually) may result in increased transaction costs to the Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Momentum Securities Risk. Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 9.42% in the 1st quarter of 2017; the worst was -15.61% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI USA Momentum Factor ETF | iShares Edge MSCI USA Momentum Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.15%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.15%
1 Year rr_ExpenseExampleYear01 $ 15
3 Years rr_ExpenseExampleYear03 48
5 Years rr_ExpenseExampleYear05 85
10 Years rr_ExpenseExampleYear10 $ 192
2014 rr_AnnualReturn2014 14.48%
2015 rr_AnnualReturn2015 9.12%
2016 rr_AnnualReturn2016 4.89%
2017 rr_AnnualReturn2017 37.60%
2018 rr_AnnualReturn2018 (1.77%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 20.53%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2017
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 9.42%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (15.61%)
One Year rr_AverageAnnualReturnYear01 (1.77%)
Five Years rr_AverageAnnualReturnYear05 12.11%
Since Fund Inception rr_AverageAnnualReturnSinceInception 13.69%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 16, 2013
iShares Edge MSCI USA Momentum Factor ETF | Return After Taxes on Distributions | iShares Edge MSCI USA Momentum Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (2.04%) [3]
Five Years rr_AverageAnnualReturnYear05 11.79% [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 13.35% [3]
iShares Edge MSCI USA Momentum Factor ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI USA Momentum Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (0.82%) [3]
Five Years rr_AverageAnnualReturnYear05 9.63% [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 11.02% [3]
iShares Edge MSCI USA Momentum Factor ETF | MSCI USA Momentum Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (1.61%)
Five Years rr_AverageAnnualReturnYear05 12.31%
Since Fund Inception rr_AverageAnnualReturnSinceInception 13.90%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 20.53%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 24 R32.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Core Aggressive Allocation ETF
iShares Core Aggressive Allocation ETF Ticker: AOA                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Core Aggressive Allocation ETF (the “Fund”) seeks to track the investment results of an index composed of a portfolio of underlying equity and fixed income funds intended to represent an aggressive target risk allocation strategy.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.  The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares Core Aggressive Allocation ETF | iShares Core Aggressive Allocation ETF 0.25% none none 0.06% 0.31% (0.06%) 0.25%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Core Aggressive Allocation ETF | iShares Core Aggressive Allocation ETF | USD ($) 26 87 162 381
Portfolio Turnover.
The Fund and the iShares funds in which the Fund invests (each, an “Underlying Fund” and collectively, the “Underlying Funds”), may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolio). A higher portfolio turnover rate for the Fund or Underlying Funds may indicate higher transaction costs and may cause the Fund or Underlying Funds to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to Underlying Funds included as part of Acquired Fund Fees and Expenses), affect the Fund's performance. To the extent an Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. During the most recent fiscal year, the Fund’s portfolio turnover rate was 4% of the average value of its portfolio.
Principal Investment Strategies
The Fund is a fund of funds and seeks to achieve its investment objective by investing primarily in Underlying Funds that themselves seek investment results corresponding to their own respective underlying indexes. The Underlying Funds invest primarily in distinct asset classes, such as large- or mid-capitalization U.S. or non-U.S. equity, the aggregate bond market (including USD-denominated bonds) or the U.S. Treasury bond market; each such asset class has its own risk profile.

The S&P Target Risk Aggressive Index (the “Underlying Index”) is composed of a portfolio of equity and fixed-income Underlying Funds and measures the performance of the S&P Dow Jones Indices LLC (the “Index Provider” or “SPDJI”) proprietary allocation model that is intended to represent an “aggressive” target risk allocation strategy as defined by SPDJI. The Underlying Index seeks to emphasize exposure to equities, maximizing opportunities for long-term capital accumulation. The Underlying Index may include small allocations in fixed income to enhance portfolio efficiency. SPDJI’s estimation of an aggressive target risk allocation may differ from your own.

The Fund is designed for investors seeking long-term capital appreciation. As of July 31, 2019, the Underlying Index included a fixed allocation of 80% of its assets in Underlying Funds that invest primarily in equity securities and 20% of its assets in Underlying Funds that invest primarily in bonds. As of July 31, 2019, the Fund invested approximately 79.25% of its assets in Underlying Funds that invest primarily in equity securities, 20.64% of its assets in Underlying Funds that invest primarily in bonds and the remainder of its assets in Underlying Funds that invest primarily in money market instruments.

As of July 31, 2019, the Fund invested in the iShares Core International Aggregate Bond ETF, iShares Core MSCI Emerging Markets ETF, iShares Core MSCI International Developed Markets ETF, iShares Core S&P 500 ETF, iShares Core S&P Mid-Cap ETF, iShares Core S&P Small-Cap ETF, iShares Core Total USD Bond Market ETF and money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”). BFA may add, eliminate or replace any or all Underlying Funds at any time. As of July 31, 2019, a significant portion of the Underlying Index is represented by companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and an Underlying Fund may or may not hold all of the securities in the applicable Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is a product of SPDJI which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Funds), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Affiliated Fund Risk. In managing the Fund, BFA will have the ability to select Underlying Funds and substitute Underlying Funds with other exchange-traded funds (“ETFs”) that it believes will achieve the Fund’s objective. BFA may be subject to potential conflicts of interest in selecting Underlying Funds and substituting Underlying Funds with other ETFs because the fees paid to BFA by some Underlying Funds and other ETFs managed by BFA may be higher than the fees paid by other Underlying Funds. If an Underlying Fund or other ETF holds interests in an affiliated fund in excess of a certain amount, the Fund may be prohibited from purchasing shares of that Underlying Fund or other ETF.

Allocation Risk. The Fund’s ability to achieve its investment objective depends upon the Index Provider's ability to develop a model that accurately assesses the Fund’s asset class allocation and selects the best mix of Underlying Funds and other ETFs. There is a risk that the Index Provider's evaluations and assumptions regarding asset classes or Underlying Funds, which are utilized as inputs in the model, may be incorrect in view of actual market conditions.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or an Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk.  Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for ETFs, such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund or an Underlying Fund may “call” or repay the security before its stated maturity, and the Fund or an Underlying Fund may have to reinvest the proceeds in securities with lower yields, which would result in a decline in the Fund's income, or in securities with greater risks or with other less favorable features.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or an Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may be unable or unwilling to make timely interest and/or principal payments when due or otherwise honor their obligations. Changes in an issuer’s credit rating or the market’s perception of an issuer’s creditworthiness may also adversely affect the value of the Fund’s or an Underlying Fund's investment in that issuer. The degree of credit risk depends on an issuer's or counterparty's financial condition and on the terms of an obligation.

Currency Risk. Because the Fund's and the Underlying Funds' NAVs are determined in U.S. dollars, the Fund's NAV could decline if a currency of a non-U.S. market in which a Fund or an Underlying Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Funds, the Funds' or the Underlying Funds' adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Derivatives Risk. The Fund or an Underlying Fund may invest in certain types of derivatives contracts, including futures, options and swaps, which can be more sensitive to changes in interest rates or to sudden fluctuations in market prices than conventional securities, which can result in greater losses to the Fund.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. Certain Underlying Funds invest in common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s or an Underlying Fund's investments.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or an Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or an Underlying Fund's investments in the affected region.

High Portfolio Turnover Risk. High portfolio turnover (considered by the Fund and the Underlying Funds to mean higher than 100% annually) may result in increased transaction costs to the Fund or an Underlying Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” which may include those bonds rated below “BBB-” by Standard & Poor’s® Global Ratings, a subsidiary of S&P Global, Inc. (“S&P Global Ratings”) and Fitch Ratings, Inc. (“Fitch”) or “Baa3” by Moody's Investors Service, Inc. (“Moody's”)), or are unrated, may be deemed speculative, may involve greater levels of risk than higher-rated securities of similar maturity and may be more likely to default.

Income Risk. The Fund's income may decline if interest rates fall. This decline in income can occur because the Fund or an Underlying Fund may subsequently invest in lower-yielding bonds when bonds in its portfolio mature, are near maturity or are called, bonds in the Underlying Index are substituted, or the Fund or an Underlying Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Interest Rate Risk. An increase in interest rates may cause the value of securities held by the Fund or an Underlying Fund to decline, may lead to heightened volatility in the fixed-income markets and may adversely affect the liquidity of certain fixed-income investments. The historically low interest rate environment, together with recent modest rate increases, heightens the risks associated with rising interest rates.

Investment in Underlying Funds Risk. The Fund invests substantially all of its assets in the Underlying Funds, so the Fund’s investment performance is directly related to the performance of the Underlying Funds. The Fund’s NAV will change with changes in the value of the Underlying Funds and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Funds.

As the Underlying Funds, or the Fund’s allocations among the Underlying Funds, change from time to time, or to the extent that the total annual fund operating expenses of any Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund or an Underlying Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund or the Underlying Funds will not fully replicate their respective indexes, they are subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Funds could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Funds face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Model Risk. Neither the Fund nor BFA can offer assurances that the Underlying Index's allocation model will achieve its intended results or maximize returns or minimize risk, or be appropriate for every investor seeking a particular risk profile.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Funds trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or an Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or an Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or an Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or an Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund and the Underlying Funds are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Funds and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Funds are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Prepayment Risk. During periods of falling interest rates, issuers of certain debt obligations may repay principal prior to the security’s maturity, which may cause the Fund to have to reinvest in securities with lower yields or higher risk of default, resulting in a decline in the Fund’s income or return potential.

Privately-Issued Securities Risk. The Fund or the Underlying Funds may invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the “1933 Act”). Privately-issued securities are securities that have not been registered under the 1933 Act and as a result may be subject to legal restrictions on resale. Privately-issued securities are generally not traded on established markets. As a result of the absence of a public trading market, privately issued securities may be deemed to be illiquid investments, may be more difficult to value than publicly traded securities and may be subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.

Reinvestment Risk. The Fund or an Underlying Fund may invest a portion of its assets in short-term fixed-income instruments and, as a result, may be adversely affected if interest rates fall because they may have to invest in lower-yielding bonds as bonds mature.

Reliance on Trading Partners Risk. The Fund and certain Underlying Funds invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s or an Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s or an Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund or the Underlying Funds has exposure.

Securities Lending Risk. The Fund or an Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Funds may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Funds could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund or an Underlying Fund.

Structural Risk. The countries in which the Fund or an Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund is expected to invest in the Underlying Funds, the Fund’s realized losses on sales of shares of an Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by an Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of an Underlying Fund, if any, would not offset net capital gains of the Fund.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of a fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in a fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because a fund incurs fees and expenses, while the Underlying Index does not. The Underlying Funds are also subject to tracking error risk in seeking to track their own performance of the applicable underlying indexes.

Treaty/Tax Risk. Certain of the Underlying Funds invest all of their assets that are invested in India in wholly owned subsidiaries located in the Republic of Mauritius (the “Subsidiaries”). These Underlying Funds and the Subsidiaries rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, an Underlying Fund may continue to invest in a Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.

Valuation Risk. The price the Fund or an Underlying Fund could receive upon the sale of a security or other asset may differ from the Fund's or the Underlying Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's or an Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or an Underlying Fund's shares. Authorized Participants who purchase or redeem shares of the Fund or an Underlying Fund on days when the Fund or an Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or an Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund’s or an Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 14.54%.
The best calendar quarter return during the periods shown above was 16.68% in the 2nd quarter of 2009; the worst was -15.39% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Core Aggressive Allocation ETF
One Year
Five Years
Ten Years
Inception Date
iShares Core Aggressive Allocation ETF (7.76%) 4.58% 9.85% Nov. 04, 2008
iShares Core Aggressive Allocation ETF | Return After Taxes on Distributions [1] (8.29%) 3.80% 9.20%  
iShares Core Aggressive Allocation ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (4.25%) 3.44% 8.01%  
S&P Target Risk Aggressive Index (Index returns do not reflect deductions for fees, expenses, or taxes) (7.65%) 4.69% 9.97%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 25 R177.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI Multifactor USA Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI MULTIFACTOR USA SMALL-CAP ETF Ticker: SMLF                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI Multifactor USA Small-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. small-capitalization stocks that have favorable exposure to target style factors subject to constraints.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 45% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 45.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI USA Small Cap Diversified Multiple-Factor Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is designed to select equity securities from the MSCI USA Small Cap Index (the “Parent Index”) that have high exposure to four investment style factors – value, quality, momentum and low size – while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors. Small capitalization companies, as calculated by MSCI, represent the bottom 14% of the free floated-adjusted market capitalization in the U.S. securities market, as determined by MSCI.

MSCI, in selecting equity securities from the Parent Index, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors – value, quality, momentum and low size – is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest & taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward earnings estimates to share price)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the same country over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.

As of July 31, 2019, the Underlying Index consisted of securities from approximately 488 companies from the U.S. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the healthcare and technology industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Healthcare Sector Risk. The profitability of companies in the healthcare sector may be affected by government regulations and government healthcare programs, increases or decreases in the cost of medical products and services, an increased emphasis on outpatient services, and product liability claims, among other factors. Many healthcare companies are heavily dependent on patent protection, and the expiration of a company’s patent may adversely affect that company’s profitability. Healthcare companies are subject to competitive forces that may result in price discounting, and may be thinly capitalized and susceptible to product obsolescence.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Low Size Risk. The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (“low size companies”) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Model Risk. Neither the Fund nor BFA can offer assurances that the Index Provider’s model will result in the Fund meeting its investment objective. The Fund may underperform other funds that do not similarly invest.

Momentum Securities Risk. Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Quality Stocks Risk. Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock’s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Value Strategy Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 11.96% in the 4th quarter of 2016; the worst was -17.52% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI Multifactor USA Small-Cap ETF | iShares Edge MSCI Multifactor USA Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.30%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.30%
1 Year rr_ExpenseExampleYear01 $ 31
3 Years rr_ExpenseExampleYear03 97
5 Years rr_ExpenseExampleYear05 169
10 Years rr_ExpenseExampleYear10 $ 381
2016 rr_AnnualReturn2016 22.50%
2017 rr_AnnualReturn2017 12.06%
2018 rr_AnnualReturn2018 (8.17%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 12.56%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Dec. 31, 2016
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 11.96%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (17.52%)
One Year rr_AverageAnnualReturnYear01 (8.17%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 5.81%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 28, 2015
iShares Edge MSCI Multifactor USA Small-Cap ETF | Return After Taxes on Distributions | iShares Edge MSCI Multifactor USA Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (8.40%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 5.55% [3]
iShares Edge MSCI Multifactor USA Small-Cap ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI Multifactor USA Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (4.65%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.49% [3]
iShares Edge MSCI Multifactor USA Small-Cap ETF | MSCI USA Small Cap Diversified Multiple-Factor Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (8.01%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 6.16%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 12.56%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 26 R212.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Morningstar Multi-Asset Income ETF
iSHARES® MORNINGSTAR MULTI-ASSET INCOME ETF Ticker: IYLD                                 Stock Exchange: Cboe BZX
Investment Objective
The iShares Morningstar Multi-Asset Income ETF (the “Fund”) seeks to track the investment results of an index composed of underlying equity, fixed income and other income funds that collectively seek to deliver high current income while providing an opportunity for capital appreciation.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.  The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fee in order to limit the Fund’s total annual fund operating expenses after fee waiver to 0.60% through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares Morningstar Multi-Asset Income ETF | iShares Morningstar Multi-Asset Income ETF 0.25% none none 0.37% 0.62% (0.02%) 0.60%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Morningstar Multi-Asset Income ETF | iShares Morningstar Multi-Asset Income ETF | USD ($) 61 194 342 770
Portfolio Turnover.
The Fund and the underlying funds in which the Fund invests (each, an “Underlying Fund” and collectively, the “Underlying Funds”), may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate for the Fund or Underlying Funds may indicate higher transaction costs and may cause the Fund or the Underlying Funds to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to Underlying Funds included as part of Acquired Fund Fees and Expenses), affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 50% of the average value of its portfolio. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund.
Principal Investment Strategies
The Fund is a fund-of-funds and seeks to achieve its investment objective by investing primarily in the securities of the Underlying Funds that themselves seek investment results corresponding to their own underlying indexes. The Fund invests in a combination of Underlying Funds and may also invest in other exchange-traded funds (“ETFs”) (including other iShares funds), U.S. government securities, short-term paper, futures contracts, options on futures contracts, options, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”).

The Morningstar® Multi-Asset High Income IndexSM (the “Underlying Index”) is broadly diversified and seeks to deliver high current income while maintaining long-term capital appreciation.  The goal of the Underlying Index is to represent an allocation strategy to distinct asset classes of 20% equities, 60% fixed-income and 20% in an “alternative income sources” asset class, which consists of Underlying Funds that the index provider, Morningstar, Inc. (“Morningstar” or the “Index Provider”), considers to exhibit both equity and fixed-income-like characteristics. Each asset class has its own risk profile. The Underlying Index is rebalanced and reconstituted quarterly. The Underlying Index is comprised of Underlying Funds within these asset classes that have demonstrated relatively high income on a consistent basis and meet liquidity characteristics as determined by Morningstar's proprietary index methodology.

The 20% equity allocation consists of Underlying Funds that invest primarily in U.S. and non-U.S. equities. The 60% fixed-income allocation consists of Underlying Funds that invest primarily in U.S. and non-U.S. fixed-income securities. The 20% alternative income source allocation generally consists of Underlying Funds that invest primarily in real estate investment trusts (“REITs”) and preferred stocks. When the combined allocation percentages equal less than 100%, the Fund may invest the remainder of its assets in BlackRock Cash Funds. Investments in Underlying Funds that have significant non-U.S. currency exposure will not exceed 25% of the weight of the Underlying Index.

As of July 31, 2019, the Underlying Index included the following Underlying Funds within the equity asset class: iShares Core High Dividend ETF, iShares Select Dividend ETF and iShares International Select Dividend ETF; the following Underlying Funds within the fixed-income asset class: iShares iBoxx $ High Yield Corporate Bond ETF, iShares Intermediate-Term Corporate Bond ETF, iShares J.P. Morgan EM Local Currency Bond ETF, iShares J.P. Morgan USD Emerging Markets Bond ETF and iShares Long-Term Corporate Bond ETF; and the following Underlying Funds within the alternatives asset class: iShares Mortgage Real Estate ETF and iShares Preferred and Income Securities ETF. The Underlying Index may add, eliminate or replace Underlying Funds at any time. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and an Underlying Fund may or may not hold all of the securities in the applicable Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by Morningstar which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Funds), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Affiliated Fund Risk. In managing the Fund, BFA will have the ability to select Underlying Funds and substitute other ETFs which it believes will achieve the Fund’s objective. BFA may be subject to potential conflicts of interest in selecting Underlying Funds and substituting other ETFs because the fees paid to BFA by some Underlying Funds and other ETFs managed by BFA may be higher than the fees paid by other Underlying Funds. If an Underlying Fund or other ETF holds interests in an affiliated fund in excess of a certain amount, the Fund may be prohibited from purchasing shares of that Underlying Fund or other ETF.

Allocation Risk. The Fund’s ability to achieve its investment objective depends upon BFA's ability to develop a model that accurately assesses the Fund’s asset class allocation and selects the best mix of Underlying Funds and other ETFs. There is a risk that BFA's evaluations and assumptions regarding asset classes or Underlying Funds, which are utilized as inputs in the model, may be incorrect in view of actual market conditions.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or an Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk.  Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for ETFs, such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund or an Underlying Fund may “call” or repay the security before its stated maturity, and the Fund or an Underlying Fund may have to reinvest the proceeds in securities with lower yields, which would result in a decline in the Fund's income, or in securities with greater risks or with other less favorable features.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or an Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may be unable or unwilling to make timely interest and/or principal payments when due or otherwise honor their obligations. Changes in an issuer’s credit rating or the market’s perception of an issuer’s creditworthiness may also adversely affect the value of the Fund’s or an Underlying Fund's investment in that issuer. The degree of credit risk depends on an issuer's or counterparty's financial condition and on the terms of an obligation.

Currency Risk. Because the Fund's and the Underlying Funds' NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which an Underlying Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Custody Risk. Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Funds, the Funds' or the Underlying Funds' adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Dividend-Paying Stock Risk. The Fund’s and an Underlying Fund's emphasis on dividend-paying stocks involves the risk that such stocks may fall out of favor with investors and underperform the broader market. Also, there is no guarantee that issuers of the stocks held by the Fund or an Underlying Fund will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time.

Dividend Risk. There is no guarantee that issuers of the stocks held by the Fund or an Underlying Fund will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which an Underlying Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact an Underlying Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or an Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or an Underlying Fund's investments in the affected region.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” which may include those bonds rated below “BBB-” by S&P Global Ratings, a subsidiary of S&P Global, Inc. (“S&P Global Ratings”) and Fitch Ratings, Inc. (“Fitch”) or “Baa3” by Moody's Investors Service, Inc. (“Moody's”)), or are unrated, may be deemed speculative, may involve greater levels of risk than higher-rated securities of similar maturity and may be more likely to default.

Income Risk. The Fund's income may decline if interest rates fall. This decline in income can occur because the Fund or an Underlying Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, are near maturity or are called, bonds in the Underlying Index are substituted, or the Fund or an Underlying Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Interest Rate Risk. An increase in interest rates may cause the value of securities held by the Fund or an Underlying Fund to decline, may lead to heightened volatility in the fixed-income markets and may adversely affect the liquidity of certain fixed-income investments. The historically low interest rate environment, together with recent modest rate increases, heightens the risks associated with rising interest rates.

Investment in Underlying Funds Risk. The Fund expects to invest substantially all of its assets in the Underlying Funds, so the Fund’s investment performance is directly related to the performance of the Underlying Funds. The Fund’s NAV will change with changes in the value of the Underlying Funds and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Funds.

As the Underlying Funds, or the Fund’s allocations among the Underlying Funds, change from time to time, or to the extent that the total annual fund operating expenses of any Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund and the Underlying Funds have exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Funds could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Funds face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S OR THE UNDERLYING FUNDS' SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Model Risk. Neither the Fund nor BFA can offer assurances that the Underlying Index's allocation model will achieve its intended results or maximize returns or minimize risk, or be appropriate for every investor seeking a particular risk profile.

Mortgage REITs Risk. Mortgage REITs are exposed to risks specific to the real estate market, including, among others, credit risk, interest rate risk and leverage risk.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Funds trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or an Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or an Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or an Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund and the Underlying Funds may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Operational Risk. The Fund and the Underlying Funds are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Funds and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Funds are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Privately-Issued Securities Risk. The Fund or the Underlying Funds may invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the “1933 Act”). Privately-issued securities are securities that have not been registered under the 1933 Act and as a result may be subject to legal restrictions on resale. Privately-issued securities are generally not traded on established markets. As a result of the absence of a public trading market, privately issued securities may be deemed to be illiquid investments, may be more difficult to value than publicly traded securities and may be subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.

Privatization Risk. Some countries in which the Fund or an Underlying Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reinvestment Risk. The Fund or an Underlying Fund may invest a portion of its assets in short-term fixed-income instruments and, as a result, may be adversely affected if interest rates fall because they may have to invest in lower-yielding bonds as bonds mature.

Reliance on Trading Partners Risk. The Fund or an Underlying Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments.

Risk of Investing in Emerging Markets. Investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which an Underlying Fund invests.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund or the Underlying Funds have exposure.

Savings Associations Risk. Savings associations are affected by extensive regulations, interest rates, loan losses, decreased availability of money or asset valuation and market conditions. The historically low interest rate environment has created certain risks to savings associations as they continue to re-evaluate their business models and risk appetites to generate returns.

Securities Lending Risk. The Fund or an Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Funds may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Funds could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.

Sovereign and Quasi-Sovereign Obligations Risk. An Underlying Fund may invest in securities issued by or guaranteed by non-U.S. sovereign governments, which may be unable or unwilling to repay principal or interest when due. In times of economic uncertainty, the prices of these securities may be more volatile than those of corporate debt obligations or of other government debt obligations.

Structural Risk. The countries in which the Underlying Funds invest may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund is expected to invest in the Underlying Funds, the Fund’s realized losses on sales of shares of an Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by an Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of an Underlying Fund, if any, would not offset net capital gains of the Fund.

Tracking Error Risk. The Fund and the Underlying Funds may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund and an underlying fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund and an underlying fund incurs fees and expenses, while the Underlying Index does not. The underlying funds are also subject to tracking error risk in seeking to track their own performance of the applicable underlying indexes.

U.S. Government Issuers Risk. Obligations of U.S. government agencies and authorities are supported by varying degrees of credit, but generally are not backed by the full faith and credit of the U.S. government. Similar to other issuers, changes to the financial condition or credit rating of the U.S. government or U.S. government agencies and authorities may cause the value of the Fund's investments to decline.

Valuation Risk. The price the Fund or an Underlying Fund could receive upon the sale of a security or other asset may differ from the Fund's or the Underlying Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's or an Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or an Underlying Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s or an Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 10.90%.
The best calendar quarter return during the periods shown above was 5.56% in the 1st quarter of 2014; the worst was -5.23% in the 2nd quarter of 2013.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Morningstar Multi-Asset Income ETF
One Year
Five Years
Since Fund Inception
Inception Date
iShares Morningstar Multi-Asset Income ETF (4.75%) 3.99% 4.32% Apr. 03, 2012
iShares Morningstar Multi-Asset Income ETF | Return After Taxes on Distributions [1] (6.65%) 2.04% 2.32%  
iShares Morningstar Multi-Asset Income ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (2.57%) 2.34% 2.57%  
Morningstar Multi-Asset High Income Index (Index returns do not reflect deductions for fees, expenses, or taxes) (4.78%) 3.96% 4.31%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 27 BarChart8.png IDEA: XBRL DOCUMENT begin 644 BarChart8.png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end GRAPHIC 28 BarChart30.png IDEA: XBRL DOCUMENT begin 644 BarChart30.png MB5!.1PT*&@H -24A$4@ 5@ %;" 8 "0^);N !'-"250(" @( M? ADB EP2%ES 7$0 %Q$!RB;S/P ( !)1$%4>)SMG7><%$7:QW\U M88%E6121!1/B@;X@J+LJ"BJ"<"*B.0&25%X44$DOIZ=B.)03 MC"B>=^*9#S,&% ,&HK"""RP;V)V=[O>/V9GMZ:GJKN[I[NF>?;Y\EIGIKO \ M%9ZN?JJZFJFJJH(@"()PG%"N!2 (@LA7R, 2!$&X!!E8@B (ER #2Q $X1)D M8 F"(%R"#"Q!$(1+D($E"()P"3*P!$$0+D$&EB (PB7(P!($0;@$&5B"( B7 M( -+$ 3A$I%<"\!#411LW[X= %!86 C&6(XE(@BBN:&J*FIJ:@ [=NW1RAD M?3SJ2P.[??MVE)24Y%H,@B ( $!Y>3DZ=.A@.1ZY" B"(%S"ER/8PL+"U/>G M/_@>+36__41#+(:SC^Z"9S_]&9%H--?B9 WIXV]('V_94U.#4<R)0B"\"V.&=B*B@J<<\XY&#%B! !@R) A6+QX,4XZ MZ22,'S\>HT>/=BHK@B"(0."8@2TM+45I:6GJMZ(H:-.F#0#@I9=>PK9MV[!S MYTZ?_YYU-348-VZ=>C1HP=J:FIPU%%'8=FR9>C>O;LP?G5U-8J*B@ SW[Z MLW"9%@N%$ Z'G1:?((AF1#P>AZHH&;,F0-%4?#""R^@MK86I:6EZ-FS M)P#@Z*./QLR9,S%PX$!A.C2")0C"*P(Q@EVU:A6&#Q^.WKU[XY133H&JJB@K M*\.P8<,P;=HTE):68L.@Y!$$$EW X#' &:D[8'<<, M;%E9&:JJJKCG3C[Y9*>R(0B"" SY.WU'$ 218\C $@1!N 096((@")<@ TL0 M!.$2OMP/EB#RB?+-&_#HK#O0]? CL7OG#M14[<:5DV?@[>7/X:M/WL=^G0_! M3]]\A1,&GXD33CTC(_YS"Q=@VY9-:-]Q/ZQ=_1G.O/ R]#RV+P!@3VT-GOG; M7!2WVP>;?_X!H7 88R?>C4T__X 7'W\01<5MT:U7:2K=V>.OQ;E77(?]#_Z= MIV707"$#2Q NLWOG3IPTY \X.PJ(VJ=]O M+'L&W,B:51^A96$A^OS^]+3C2QZ9_AJZ%55<7SCSZ J^^8 M!0#8^=MVU-9405$4_.'B*W#LR8,P\=)S !_N/@*?+;R;2QY<#8N&W?60^%LV]!U]]\KY[2A(IR, 2A$=\]^4J_&OIWS%^SL*TXT_-GXG# MCCP:)PT9)HRK* H>N/,V#/WC&/0H.PX 4%C4!HPQ]"CK#0#H478^*U\*^IJ:W'1=>/PY-Q[W%.42!$( \L8 MP)"_?\C3O'+RQ_RIXZKWWL2;RY;BQKOG(QP*X;U7EP&JBD?NF81#>QV%07\X M#U]_\CXJRK> =CUVW;4U=: 8C5[<&\B3?@]R/.1UG?D_'^BG\B5E>'%BU: MH.^^#XK9[I?+=]=LVO+%L*49>>C5J=E>B[=[M$N<: M1\K-HDUD\9A..R(,JBJ"J@JNO8\$HR% M\,X_7\!^G0^!JJJHV%:.V^<_BD,.ZXG[QUV#;KV.Q)D77H:[KKH8/W_W-=IW MW ^JJJ)\TWH\\,I[:%U4C,WK?L)3\V>@\Z'=L?&GM1A\]@7HU;C" !FW/AG M_/$OM^# 0[JAOFX/'I@V'IT./!@%+5KB#Q=?84UW(T3Q]&U(^YWW:2V,7B5KEMYYCI_+_0B"!?84U.- M8;VR,["!FW@+R))=^BH\W7<_[GOS-2R-Y3/_= M:#K4;,9&'U]&)EZ:9L=D=3<[II^*Y:5G)"]QH&MY(=ID^(0IGE*9>=EYYF[55HS+@]2-PCHG* MSTQVLW#9&]D C&!%A2;J.+SPO$;#B\-T<:R.PD3A>?&-TC8[)JN[;-YFY2=* MAX<^+:.R2)[7=QRS.*(\90P-+RXO3S.,C)/HXF64!L^(B.**VJO,&B1M>)EP M//1]2+8MBRX&,N4C*E^K[5.;MJ@>2N5*#L2RC5NR&GE M F$E'RMU92>?;.I%QMBDA]VR;1M^W5D!@($Q!H1#0"@"%@J#)=\3%8H H5#B MP0 60DT\CL)P&%!5J*H"IL2AQA-_4!I2GX@K4%4%4%5T:K\O.K3;)PO=1+HZ M$5>V?UDI7ZLR6#TO3Z -K-$U6^:\E;1%:=(! & M-ILQEEO76CMY9'L3:A=9QX&5/&7CVQW_B\+;'?O*YF&EK&33- _GKIFRXP"Q MDK;7.)>^U(1 !\L 1!$,&$#"Q!Y!P_^>0))R$#2Q!^@>QLWD$&EB (PB7( MP!($0;@$&5B"\ M6'BHC @$96(+P"[R'PXA X_MUL R)M=7-HK&YJ6=S+L/F MHKL!.1L,![CLF0.%YGL#Z\B3<4'"33V;;4UN$6FU#;FU;FBV.&=B*B@J<<\XY&#%B M! !@R) A6+QX,5JV;(GUZ]=CT:)%B,?C..RPPW#BB2>BI*1$*EW]!*B3;=#. MUGPR<>S(Z&7?\D*^7&S-Z$89.KD=IFD[?OEEG'#""0" <#B,LK(R_.M?_W(J6X+('^A! M@[S#%1_L^^^_C]:M6V/8L&$H+R]'<7%QZEQQ<3'*R\NETVJ(Q81_\7C<#?$) MPA.:\?)07Q&/QX4V)ELT> M (#AI0<+SUUT[6VX^/KQMF4E"()X< M.7.@* I>>.$%,,;PXHLO8M&B16AH:$#W[MWQWGOO&1K9ZNIJ%!45 0!>^&P= M6A6VY@L?"B$<#CLE/D%XRN???X=OM._DBD3 (LZ_D^NH;H>A>Y=#-X;4UU:H!7556%UJWY=L@(QT:PJU:MPO#AP]&[=V^<@I:Y@GI(""KH^P,F#8MV=]F^>O/B]H&3T8[,W?Z]$6?1G$;?SFQ9;X$?G#! M\I&M*UZ9RI0_+RTC.=*/-8])+@#\3JCUFNL-GOZ\/AW1;WU84:?7YBG[%+19 MYQ/%U,W%9G3WB=6'M< M%$XO:WI^#BY!E\!H,.+4\A!>6Y=M6T;^$9YQY845V00KL[,R[4>> !A87JS4 MM=7\K+8M4=YV^[J=O+*'?+ $01 N00:6(')$A@\VZ"Y[(@/?NPADO)P$$4@\ M],%2'[).\YCD(@M+Y"OZ$:R;[9SZD'4<*#-R$1"$7R 70=Y!!I8@A! X(@"/_B^Q$L77P)(CNH#]F#?+ $01 ^A@PL0>0(KUX90^2.@!A8 MF5W,S8X;W2@9I2_[>(T^'R=VD1?!D)F/W72,CMO5Q'MX_UQM DBYQL>ETRX\@9 M67W]97TUC-J M=!&2N1CQ9=6W(^TQOOZR:?+:&>\]6[SV*VHUR;/:NA;5@3,]T_<&%K!6_7;& M+TWGK35XF69H];>7."&K'?FMCH?LE'/Z,7DIC4RPG;!&1PH,P"XH,EB&8 ;>Z2=_A^ M!$L#6")?R6C7+C9TZD/6<:+,: 1+$'Z!1K!Y!QE8@L@19$_S'S*P!)$CO'01 M$+G!,1_LYLV;,67*%*Q;"E= M\L$21'90'[*'$V7FF(%]]]UW,6+$"*Q#I298P9VU*A1>/OMMS..O_322]BV;1MV[MR)TT\_'7WZ]'$J2X+( M$\CZY2NN+M/JT*$#[KSS3O3HT0,U-34XZJBCL&S9,G3OWETZC7@LAG@LQCW' M0B&$PV&GQ"4(;_%PEHM,N)AX/ Y543*/"^R.%5PUL*U:M4*/'CT (6%A2@K M*\-;;[UER< .[GF0\-PE-XS#93=.R%I.@L@%M)F6/WAL[@P\.OL>5])VU,"J MJIJV0]"B18M06EJ*GCU[ @#6KEV+RR^_W%*:__YJ UH5MN:>8R%:!$$$EYQL MID5D,.:ZV_"G:V[).%Y;4VTXP)/!,0/[^NNOX^FGGT9%106F3Y^.*Z^\$@<> M>""F39N&TM)2;-BP 2-'CL3 @0.M"1B-(AJ-FNR%9 W1[DPRQ[+)(V@XK8/3 M96R4#P3IYJ)>M#M+I6WV8K1%F(,X.W*DWV:V@W.>!L'ZC>PR]QL+3U%LXW8 MC.+[A5F4[NDMRXT#3O %R1O1"QJ<_+]!EG^Y73 M^OE^+P(PYJ*S2F;S.-D-YF1D#$ /REH/JYL->MEE%9";%M;MOB$J1[=PN(WXW\ FR:5!;A(G") M7[?\@H?N^U^L_N1#+'GKD]3Q]]]<@05W3\6I?S@;HZ^Z01C_M67/8LNF#8C5 MU^/3_[Z#68_^ V ,]XR['MVZ'XZZNCIL7K\.X^Z9C5:%K;'^Q[58LO !%!6W M1?//5EW#(H=W)N!)$ MGN+[$:Q;+H+!P\[&I^^_E\H# /9IOR_ZG7HZWGSU)<-\ER]]"D5MVN ?#_T? M*G?M1*^C>^/@WW7#OAU*<.Z?_IP*IRH*6A<5@0%HN]?>J-SQ&^IJ:]"B94OL MJO@-KS[W-&8]8NT5.D3^P/0N E?NXQFYV6S2_%P$/MDO9>NF#:BKJ\,#2Y>C MH:$!%PX^ ?OLVP'_T^NH5)A-ZW["QG4_X>:[9@$ 1EUV)9Y\A]4G\;OIV:&%[Y\.**PIB% MDREO&7V,ZT@^/ROZ9M..LI$OLXUYA;B,1>W)2$^9LK/2-D5A[)2UG3H5MY%L M\;V!32\.[3'].:._S#@?OO,67GUN"7;MJ,"C\V:ALX%Z-!Q/SPX*@(?AURQ:, M/6Z<]GF(QM/'U>'J[>WHC+6 M'N-]MUM7HC"\M$5AC-*WT_[,Y-272_8P5?7?BRNJJZM15%0$ 'CWAW+A*V,( M(LA\L.8;?/;#CP +@87#0"0"%BD BS;^10J : %8))HX'PH#C"7NO!0%JA(' M&F)08_6-?W6)SX9ZH*$!:KP!4!4P'K)NJWE6+-^ \ 86"@,-10&"X?!PA&P2 0()_Y8.-*X)C&$VG@<+<)A MA*$FUB4J"M1X ]2&&-#XJ<8;@'@<4!5 47!P20EZ''Q0KM4E%W.)I8Y!UM6OR-2'+A=Z1IX3<2"[K5>$-B@7># M;N%WK#ZQ(+S1 +P/KY>V-EVV0VCN1@7X$ZU C M(1>!/9K1*@)J'O[$C_7B1YG,$/@&R&40>'P_@@62>]HT=1S]J^+,7CPI>O%E MYBOGO.F*^\$[T8E>G.\+HX_'+ MJZG%F)6'MMSTZ9NF'I$?2"9$UB#,N31QM"OI]DIB$J0R.,\I,M4Z-T MC=(!YUPFV5= QL)E;;H>A\KL0KWW("K*W,EH<*#/?^V"9QW]>X;5>0?U;^_5J//70 MQZUTQ< M=MTM:+O7WGCL_^[/"+=ZUZ)=L<>ZVO%S7H2_^ MS.I3<#Y;?&]@\Q)W^U->L?[G'U&RW_ZIWP<>? @^>/N-C'##SKL0D6CF#=F^ M)1U1\=LV $!UU6ZT:;L72O;;'T5MVJ)RQPX 0.6.'6C3=B_,OFL2KKYM$D(A MK[H%S6+E.V1@C"E3IF#ERI58LV8- $!554R:- D%!078MFT; M^O?OCY$C1UI*UZFANFQ>7D%]28Y.^Q^ 67][ @OGW8M]]NV 3@<>A-^V_[?;![EWR(V4[./%2/<+?.&9@1XT:A;???COMV,LOOXP33C@! M ! .AU%65H9__>M?N/CBB^43SL,F8M[_3D7EKIVH MVEV)3@<$P#0?_#I6#C_/FS>L!XC+_R3N_6D M3]NE)[D<3ZNYX$"9N;I,J[R\',7%Q:G?Q<7%*"\OMY1&/!9#0RS&/1<*A1!N M''$$";*OUGABV;\SCAUWXLEXZI]-DUV#SQR.P6<.SPAW2-=#,>>QQ1G'DPP8 M?#H&##X]]?O"RZ_*4EHKZ"RJF<&U";4W8^+Q.!1%R3PNL#M6<-7 EI24H+*R M,O6[LK+2LGN@[Z'B6\ K;YZ JV^]W;9\!$$0#]YW#QZX=[HK:3MJ8%55A?8M MX&>>>2:6+5N&L6/'HJ&A 9]]]AGFS[- Y7W'!KQO':ZFKT,1C@R>"8@7W]]=?Q]--/HZ*B M.G3\>5 M5UZ)D2-'XO///\>4*5.P??MVS)@QP_((-A(M0#1: +FGCX.$57EE=+2S$X%= M9)[4=QK9G1*T8?7A9786L"*/U3;9=-S4 ^#H$>3K3IA/UYDX[]OU>!(PAX$29T9-F".W:M/%0 M,[*L^8KO#2P]9T D^6[C+UCYS7<)(YI\ 64T"A9IT?3.M&CRG6GAIG>FJ6KB M991*//%NM%B]YJ\.:D-]XEUJ\09 5=&W^V'HV^,P[Q5T\4$#:F_6H=VT @KM M]>(AHL)F1B=SA$L/&A"Y@PPLD=\8#D-H7$>XB_]=!%[.@'J4#\WJVL-6F1F. M ODGO:H?K]H M3=[T"H"@C"#1K!$#O'_"!;Y-\GE=5Z$=7Q1/S3)E5-HDHL@ M[!*$":0@R$@80@:6:)X(5Q&052.[7#/(-W.N43CI:8*DJ1 M-3[*['[]9.3@UJ.RU-YLX429T0B6R&]LK"+(&?K^3#8Q\)"!S0&JWSIVX#$H M3\/-F43;XOD$'XE"V,/_+@+DWX6<>>:,:"XX7YK>;+[HE4LJ__J0%] J@L!" M0Y./B8GY<3K32I:QU_V:HQ @ $E$ M051;999\"PCON"""=X_*>M6PJ;W9P8DR\[V!)>QQY47G8K?FC;X3I\_"_QS> M*RW,V:>>C):M6J5^SWWD[]AGWPX @.7/+<7F31M07U>/#]Y[&P\^N11MBMMB MVOB;T7'_ [#UE\V8.'T6 ."]-_^#+U=]@JMNNLT#S1Q"N$PKA]" .N_PO8$U M<] '\G6'S/WIC<-['85K;IU@&*;_H,&XYM8)&:\!_.+3C_'A?]_%M/L3;P ^ M<\0Y:-6J$-]^]24BT2@N_\OUF#YI'+[[>C7V/[ SGESX(![X^Y+ U0.?A)7S M1A=O+*I7DUQ!ZXMF\CJAB^\-K!E!JE O^6731CPX9Q888RAL780_CKDB]-CCT*5K M-[0I;HM=.W8 ';MV('BMFTQ\XZ)N''"%(1"073G6_(=.$[&93;@C3EHXGLA M;^ -;"!1W1^YG#_F,AQ1>C0 X.[)XS'GGKMPT^U3T\)<<=U-.*+L& # -6,N M0'U='-. M[(?OO_D&'3IVPJZ=.S%[^IUHN]=>N.2J:UW7S1&$ZV!S"+D(\@[?#SN8]H]I M_O3'H/OD?8?N.R=]KY3BY6WXR2L#7GDTACFR].C4\1-.'H#_OOF?C#2/+#LF M];U/O_YX[\W7P0"T*2Y&Z3&]P0!$(Q'T.JH,'_WW73 &G'/!:%Q]XZWX_>EG MX*E''\+5-]Z*>3.FX<8)DU&U>S<^7OD>OXQ-REU8GSJ9OHG>GB9HOO#:R@168>8[K/ MI!7CA1>5NDY]]4+EK5V,X7:M-'0,RRE^KHT:EU $WJD9-_<='7^9:N3/."^(# MFG8EJ'-M8#='L$9]1=_N]/'T=2'2FUJO%"\>+D\K/I WP^E"JGEB37AGV M@?/;K$YM$ 7038:L]3_F6W7T#J[BODTBID<1JT;B$0+\-V:KS'[[KL0#H?Q MT]KO+?^'7K%M3MV8/*7;MPXX2I !A& MC+H0:[_]!K.GWXFZNGH/Z M=3AO]"7@EZW^-S],9ET9I94MO/224Q\RP/KU 7%B>;E% Y?)#-HV:(%%CSV5,;Q#B4=T?>U MMP )1T[X8$G_L&-'PF':*J[,36(=7]6"4NQLR MF*:I[_T.C6C=;F^R6)4A)W7@S2GZP@H2C-)L1K)_(1YV\ MP%:9B6RHT+:JGM5/4Q[N&WIJ;]9QHLQ\;V#ST1KY\2&B0%2>T7X($/6IS M36*YG%D>]B%/<*#,R$60 ^BY?#WK! M^_E0>[,.37(1! ##KF#H@\WMH[)$_N/[$6Q>XE$?CC4T(!:/9V::6KRM66?8 M^#6F*(@D7S2I-4*IQWM5C5U*?(F$PRB(^+0IV?'!$H1#^+17-)&7MS<>N0@^ M7OL37O_B:X"%P,)A(!P%BT3!H@5@T19@T0(@VG@L' %8& BQA#%5%*A*'&B( M06V(08W508W50ZVO@]H02QQ7XH"BX,3NW3#PR,-=U\?Y=??\UW9[MHK PX;M M2%;65^H'FD"M(A@^?#AV)1^C!#!GSAP<<<01YA'ST0GKUZN&60X)0^@:QGFSB@JV<&MK2T%),G3[855ZNG3*,4V8ED.G[TO.EE,Y-5 MY7S7AS'625"21D96XDE/GOQ,]RE*UDQ7;S!6TJCL>;^!W+.S=B?E ?3 M_6)IZHNKA&54'U+?&;?)Y*K1I^NBEX$ODU8'O3Y9D$7+2I8ZTW47EG%>FYDV MMJHYFUYW+".\^Z37#V]WA*3,O'CI<41%FCLCRS*.:+-: 6*R!>RX4"AD8:5XQ.5ETV2)G2N7BV^G"G++(JECTZ9DE9J2_ M4=U9Q/*37$;R&(6Q M_UD6T,KQ7.KAPB#=ZS87Q+^Y,Z=S[4O/SB7V"EV#)R/8JJHJS)X]&Y,F30( MK%V[%H<>>JA4W*\WE*.P=6MNXTN]IH3!W"EI=DX7S UL]1])F45QS'71A; X MR:7J#S-Q6%,Q).K--575.#Q+(^N)@8U&HUB]>C6F3)F"<#B,[[[[#O?==Y]TW&@T:AZ0 M";X;AFW MPH0UG"@S>E26@_6"E8N1#,4\WNV%Z3ZE,+EFN'T7:)2O(WFSU'^ZM#W42'?! M4AUJ%EJW33-Z+L"7D($5X*8)5#UXJVPJ+Z1WN/0SX)XQ3$R8GC%T M7OKY4<_J)S6"=?=R12X">SA19KXWL%Y;V,S'$K)#Y7WW\!W4^OQ-L[6XB@ 0 M3'*YB"-&D!.9NQK" U2PE(_K]2T+"4+FWRO_L#W(U@_W-XXD7_Z@Z',4YV,\])U M12.G(,L\EZ-5!/X@ M8 ;6_>NPWAAFDZ.^TS2-N+P;3PC7V)MU/9&_%>EZY7+]:U/^]J1(KAA(UR=W M)HFIV8W(>4::1JY6<+ZT?.\BR+RA=J_)\'89RF9"Q?ANV_VF;WD5@4GO5C63 M@.DC8F^<'KP\;!LDC@\VN4S+*WV2&J7*E,'V9)_P)#$]G=5GZ!8)O:.5\L&F&0'><9ZM=05,_(=VG,&N# MD3B@0M$$4[4GW=)%(VSJK3P0BFDI6?URLQ1^F,B0QE-G9*2]-$YZ7W(V>?/BY*J]Y0M.E%GP1[ .(RI4*[=RXHDE[V=U]?Y2.Z@& MW_TV2VVW?G*-BL0=@IT+L=Z/S/LD<@,96 Y&C=H)=T$N1A/:?(6SY0;^5Z#) M *322/[.\?#(CD%*3-CE?ER7] 4#Z9.(260O&+RE661<K*S'D7/&T\QT:Q)H(8GG;;\CJ8OOY.+UM\/X)U1%L+<7D-TJK-$XT: M4YU')D&'&@VO^-)'/$QXE9490273<[P3"=+CW4+K@XH,D\QH,&WX+D,6>C== MM#-7J;2Q]A M:A[F]XL9=00OX!G]4')BI7'TQ #NCOH\'7@&.U>- M6-;WE^&C9$WQ1>&UGV[# .$%3J^COGTQ\.O$ZN1?/F-'?R?*+*]&L$XA,H[Z M!LN;.$K&X8U\O<;O+L#W@4R M^6ET(6CN1M4/D($58#;K;K1*@/?=+XT]\P983?W/-):8YT=F^G,Y5HIWIY!1 M+SJ9(0J7(_3ES+NX:^^8M(CTEO6=$^Z3=RX")_+C&5<@TY\JVZCUMW!>Z20: MT6E=!%;2,G)U>*4/[SOO7*K.=()KC;(BD#H7;0Y ZDDYV0DNQ22,-JQ?+O!! MPHDR\[V!3;Q>Q4A5O3=*?]P,3;CTCTQ1P)\H@NXXSS60D8;E-\N*<_IJ2E%]2HX#>J&I'K!DN%$OZV*B;QDSU^89TWP'=A4"C2](@,0 *2W<1 MI,5AT.DC:EMF>AB?3V9A%$I;)69W4!GUI>!=N7IL1 MN0OD<[=+9JK:EL<,PAFGDDUH(QO N['7+QIL0$85CJHE?E:.P"GCY#D=!F6M60F2>,G1(JKH@2:/KA3X9%UW5 MN)YX%[QD6+V[@"%S4QZWL=JVO6HS=G%"OD"/8/T,=Y((AGW=,_1C]M0%0]"B MF.8+-XB'2O$ZL>%%1"";7SJW5O9D^5MUMFCCZ.^P_*)G M[_9.>]Y)KY15C Q2JI,*C)%6;E&']AJ].T!H9'5&*SVV#B-[ M!Z#75>3Z2:XBX%T\LM%'YD)JQ;T$P3'>;]ZY((QD9 2LD919H2J M;_RY;"0RAB@VCA>(#(6O*D, "G9,@R/+A$GZT4F'0:DO3)& M*CSGF/ZB8.6NRT_(EEG0\/T(-A>77Q5-RW]$M\>9DR/I&)WS3"=.'DG=DM\S M9LT;!>?)SC-*J3@>U9%HE*G7*T6C/OHZ8VI32$44SV4RVHR:>8?$O:"!/YK7 MMM>T^@O"$-:/.%!F-((5(!I9V+WUT\;E+<]Q"ZVO,KVS&CAS1G?CV"][, RMYY&8;7G M%%TXO:'SNO$G.V4H]9VE?8KB .G+?61\S6ZC-ZY&?D=5S32^R<&K?I)+GZ[; M\'WB?#>3X1T1^#J()L8(.<@'ZS*\6S(9 \/SN^8*K0\5X,G3]$MV;P&>V\0K MS&Z3M6%X.J?[E5G:L5RAO9O@79"3Q\TNZDF\O$@0QG@R@GWGG7?PY)-/HDN7 M+MBR90ONO_]^1"+^'3R+?'MZ>+.W1IT^S6?I(2(#HC4RK#&@ULCJ)[E2X9#; MBT:2)ODR+QDIN3D5HC8>9U#Y_EIF2 MF[WH?! .4AAC46#T0JX,:BT%MJ(?:$ .4.* HJ*NM1;4'>NVIK4&,HP^+Q\'B M"EA<2>@5C@'A")#41U4!18&JQ(%X0T+V6!V46#W4^GH@'@,:8E"4.)C'^M37 M[0$80R@<2<@VQA-]:FMK$:O; S36#VN( (VZ(!X'BS9^-NHCK)]8/1"K MA]+8WA"OAYK21_%,GWS#"=OCNH$M+R]'<7%QZG=Q<3'*R\NEXW?KO+\;8N64 M)W(M@,/DFSY_S[4 #I-O^@0)UR>Y2DI*4%E9F?I=65F)DI(2M[,E"(+(.:Z/ M8(\__GALV;(%5555*"HJPCOOO(-APX9)Q__FQ_4H;'0OI*,B% HA'(X@T^,I MZ^+/].:)X_)7D_+3$:7'RT^+'1U$\/(T2MM,5GTXWG> 7VZR"Y*,=-#++5LV M9G/J9G5N5,=6==;&T6*D!Z\,C,+)R& '\_3K7WL<\8]?!4*-+H]H!*&""%A! M!*&" H1:1(&" H0C8;!(" B'@% $3(E#452H#7$@U@ E%H-2%X-25P^U/@:E MOB'A:HLK@*(@C$@219^B-;-.M?>*Q9:TQU1KEX*[J];V!I35\!!%T M,I]_;!J]JHW?E483JJ;&LIFCU<1O+]% MYHU<@_OP;[ ,K/[2Q;N4&=6!/J[1=][=BNRETRB<*%]]/'W^LGGPTN!]SU8/ M7CC>G9V9'+SOO/1%^1G):9:^*+Z=,C<[)M.&9-N-3'JR=<'37?\IDPODL?H3(D]S?3QM.GP\F?)Y=(5MYOV31LX'L7@901==O(&J5AA!TC*\K? MJBPR:62KATP, MZ*)@EBSON,M&UO<&UNBB3A"$?V"<;TW?T_VPB8UV0M"Z"C+#BR>VO+ )3N01 M+!>^BTEK?H[,@UT M$" #2Q"$"_ > T^>89HC32Z#]+B""2X6K%$L^6 )@G .5>48P?29I*;5 DTK M"N1@J=#D@R4(HOG!THVI(%#:@BSA"S@UX5,N B_?&.H 9& )@G .-7VU '^R M*GV]JPHCHZR;_"(7@<.0CX @@@&WG_*66S6Y!A+_E-3V+TWG-:/6M'BJ=S;! M@3QH!-L,H>N5?\GFF0ZOX>;+];_JC:MV8JMI9RW^J@.=D0V8B\#W(U@:P+H# ME:E_":J137_00.\:$&TTSM(V>TD_IQW],@ *P%B0!K T@B4(PD%4D3%-!KC!YUE=F 0F8U@O_QO8L@0;+"1(6M=X2; M(?,N*5XXHS"\=SOIWPL$\/.5>7^0'GTZO'/Z^**\>(O"17H8U85L>>GEMU)G M,N'MM!51N1A]&N5K5J=Z>43M0G_.2 Y16S#222^[6?O5IJN/"YT/5A17^XBL M:$2J=RV(UM9FIFO\"9B7G7/&W?<&-C'+F/AF%,IJJG)Q[5QI>7%DK^)F>5@] M)YN75?EDY)351;;NK#1Z.^4E4W]V]#>3UZ@\1.=$:6I#^N0'?&_@4UBQY]/Y =.U+7LW)XH?2OQ=D)\;,CAJ+)EOO=O/@X7L#F\2KQF9W=8?5\T' *1US47?9RN"DS';2 M"F3[84@8U[11IMBT96Y3*'(39#]JS55;)1#OBI7N5TV^MCO3#ZN- MEQS1-AYGS#M[ZT >KAO8=]YY!_?>>R^JJJK0NW=OG'[ZZ9;3,'J +MLX6K>. M/KQ^\0CODQM!%U<&_5(T7CQ>WH;R6 RKCYQ\9;/FS0 MH4.Q9=A(*" @P:-$@Z_898 M#+%8C'LN% HA' X+XSJU-$/!@ ,#:M6LMNPC*M_^&UJU;<\^%0K0(@B#\C7:D*G* Z7VMHI&N M.TR8.!'C)DS(.%Y=76TXP)/!50/;H4,'W''''5BU:A5^^^TW''300;CDDDLL MI1&-1A&-1EV2D" (1\G8%%OD(=8;4=$,A,ZXNK 6-AP.=_UOT9-HJG!B"\AT M#3"#]/T+&5B"(%Q$_! !,UQAD/S4?)=ZH:*_\/UN6EKWMY6B-0IO-RT[[G91 M'*O'>>%@(:P;,EC)RTYX)Z8W>$^ZFZ7)JV^OGK.PDK?1<1CD80>C-)-R%!QR M!%@X A8* 8R!A1E8. )$0F#A,$*1,! .@85#J3#JGEU@+?<"@PHUK@+Q.$** M K6A 6J# K4A#C6>^(.B0E551/;[G:4Z!.3[K]-3:KXWL$F<6M.:35K9KLG, MYKC=<&[*X$1I\M-,OU6ULZ8T&YEXYV3R=J/^1,C(7-"]-PJZ]W8A=^O( ME6.FB\+I.F\&+H)@W5(0@/=U%BR_'N$4[M=[0 RLT1C2Z)C^"B73<67&!?I9 M3ME94K-\>7F(\F(07Z=%\>R.CXUTS6:L)0K#6SO)"RLJ%UYXV;#Z./IR-BIW M(V3*7R07KSYED2D77MK9WK=E_K;*$\SCZZL@=?G945FO2PR\7@RF'T7Y2.KNY-&5GOI&&53V-\G&V$5O'JF%R,P^[^=B5S8I1 MX\. /8)L#2]UR^=R;,2PK30#_:5QR)"\\_;;N/'&&[#WWGL# (X\\DC<>]_] M&>'..N,,U.ZI!9!X\\G77WV%UU[_#XJ+BW'JH($XJ'-G $ L%D--30T^^O@3 MK%RY$L\]^PP88Q@Q\FST[=L7JJIBU+GGXH&__0WMVK7+3G@]C/O5-KXWL 1! M^)_9LW@9]X =2241!5.?@I'[]#,-<<.&%.&_4* ")S:S//^\\].K5"Q45 M%5CPUP_!P L?NHIU-34 #NO_=>_/W))Z$H"OXT>C3Z/O\\YLV;BU'G MG^^\<74!,K $063-HD5_QR>??(R=.W?BO%'GHT>/'AEADL85 !8N? 277'HI M *!=NW8IXPH 3RY:A!=?>@D L'>[O;%]^W8HBH)V^[3#VK5KL?K++W'===>[ MK)$S,%7UWP:+U=75*"HJ @#LK-PM?&4,01"Y9_OV[:BNKD;GSIVQ=>M6G-#G M>'SX\2=HW[X]-WP\'L?0(4/PK]=>RSCWG]=?QP0$%!0>K<"7W[8-*DR3AMR!!NW"5//XV=.W?BBK%C M,\Z=,W(D_O;PP]S;__ONG84N70[![MV[$0J%<,ZYY^+8!B<, M;#"6:1$$X2LNN?12+/_G/_'R*Z]@[IS9J*BH #4U]=C\Z9-^%W7K@" S9LW M(Z9[_?7?GW@"?QHS)B/-U:M78[_]]^,:UV^^^09???4U1HPJ4R?CHHP]3?ER_0BX"@B (#N0B( B"\#%D8 F"(%R"#"Q!$(1+D($E"()P M"3*P!$$0+D$&EB (PB7(P!($0;@$&=@LB,?CN/..J8C'X[D6Q1%('W]#^@0/ M>M @"V*Q& I;MD#-GCI$H]%*J2/OR%]O$5K>^RN M!?#E*H)??_T5)24EN1:#( @" %!>7HX.'3I8CD]:6!)0B"R ?(14 0!.$29& ) M@B!<@@PL01"$2Y"!)0B"< DRL 1!$"Y!!E:" 0,&I+Y_^.&'Z-^_/ZZZZBIN MV">>>,+6<@XOD='GB2>>0)\^?7#**:?@E%-.P# @5Z*: D9?88.'9JJFP$#!F#????%ZM6KO195"AE]MF[=BI$C1^+N MN^_&F#%C,&_>/*_%= 5?/BKK-Y+K<./Q.+[]]EL,&# Y>7E&>$^__QS_/CC MC[Y?MRNKSY(E2W#000=Y+9YE9/19NG0I=N_>C7'CQ@& ;XT1(*?/11==A%&C M1@%(/-)Y[KGGHE>O7I[+*H.,/O???S^Z=>N&\>/'H[JZ&FW;ML68,6/0IDV; M7(CL&/X>:OF$\\X[#P 0#H=Q\<47<\/LV+$#<^?.Q=2I4VT_M^P5,OH P/SY M\W'???=ARI0IV+AQHU?B649&G\!QSY\[%Q(D34PO(_8B,/DGC"@"/ M//((+KOL,D]DLX.,/ITZ=<*OO_X* -BV;1NZ=^_NVXWVK4 C6 FNN.(*P_.J MJN+FFV_&C!DS$ J%?#^"-=,' /KW[X^A0X>B??OV6+UZ-08,&(!OO_T6D8C_ MFHR,/NO7KT=)20D>>^PQ5%96HE>O7EBY+Q.)8O7XX5 M*U:X*%%VR.@S=NQ8G'?>>;CVVFOQQ1=?X+KKKO.]JTT&__66 +)JU2I$HU$\ M_OCCJ='KS)DS<C1HS%L MV#!<>NFEJ*VM1;=NW7#444<%MO\D(0/K $>>=B$0B^.VWWU!75X<##C@@UV+9YM133\5//_T$('''L7GS9G3K MUBW'4F7/XX\_CF7+EN5:C*S9N'$C.G7J! !HU:H5]MY[;]35U>58JNP)3YTZ M=6JNA0@2"QCIJ8&QQUW7.K<+[_\@GGSYN&MM]Y"-!I%UZY= M?>^D%^FS9LT://;88_CJJZ^P:-$B3)X\&3U[]LRQM.:(]#GVV&/QXHLOXHLO MOL"SSSZ+L\XZ"T.'#LVQM.88M; XML 29 R224.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares MSCI ACWI ex U.S. ETF
iSHARES® MSCI ACWI ex U.S. ETF Ticker: ACWX                                 Stock Exchange: NASDAQ
Investment Objective
The iShares MSCI ACWI ex U.S. ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization non-U.S. equities.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares MSCI ACWI ex U.S. ETF | iShares MSCI ACWI ex U.S. ETF 0.32% none none [1] 0.02% 0.34% (0.02%) 0.32%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares MSCI ACWI ex U.S. ETF | iShares MSCI ACWI ex U.S. ETF | USD ($) 33 105 187 427
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 15% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI ACWI ex USA Index (the “Underlying Index”), which is a free float-adjusted market capitalization-weighted index designed to measure the combined equity market performance of developed and emerging markets countries, excluding the U.S. The Underlying Index may include large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time. As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czechia, Denmark, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, New Zealand, Norway, Pakistan, Peru, the Philippines, Poland, Portugal, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Arab Emirates and the United Kingdom (the “U.K.”) (together, the “ACWI ex U.S. countries”).

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Custody Risk. Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 11.44%.
The best calendar quarter return during the periods shown above was 27.56% in the 2nd quarter of 2009; the worst was -20.23% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares MSCI ACWI ex U.S. ETF
One Year
Five Years
Ten Years
Inception Date
iShares MSCI ACWI ex U.S. ETF (14.09%) 0.61% 6.25% Mar. 26, 2008
iShares MSCI ACWI ex U.S. ETF | Return After Taxes on Distributions [1] (14.44%) 0.14% 5.87%  
iShares MSCI ACWI ex U.S. ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (7.79%) 0.62% 5.27%  
MSCI ACWI ex USA Index (Index returns do not reflect deductions for fees, expenses, or taxes) (14.20%) 0.68% 6.57%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 30 BarChart34.png IDEA: XBRL DOCUMENT begin 644 BarChart34.png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end XML 31 R149.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI Multifactor Global ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI MULTIFACTOR GLOBAL ETF Ticker: ACWF                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI Multifactor Global ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization developed and emerging market stocks that have favorable exposure to target style factors subject to constraints.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. until November 30, 2025. The contractual waiver may be terminated prior to November 30, 2025 only upon the written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination November 30, 2025
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 43% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 43.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI ACWI Diversified Multiple-Factor Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is designed to contain equity securities from the MSCI ACWI Index (the “Parent Index”) that have high exposure to four investment style factors – value, quality, momentum and low size – while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors.

MSCI, in selecting equity securities from the Parent Index, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors – value, quality, momentum and low size – is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest & taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward share price to earnings estimates)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the same country over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.

The Underlying Index consisted of securities from approximately 578 companies from 37 countries or regions as of July 31, 2019. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and technology industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this Prospectus), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Low Size Risk. The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (“low size companies”) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Model Risk. Neither the Fund nor BFA can offer assurances that the Index Provider’s model will result in the Fund meeting its investment objective. The Fund may underperform other funds that do not similarly invest.

Momentum Securities Risk. Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Quality Stocks Risk. Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock’s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Value Strategy Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 7.70% in the 1st quarter of 2017; the worst was -14.35% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI Multifactor Global ETF | iShares Edge MSCI Multifactor Global ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.35%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.35%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets none
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.35%
1 Year rr_ExpenseExampleYear01 $ 36
3 Years rr_ExpenseExampleYear03 113
5 Years rr_ExpenseExampleYear05 197
10 Years rr_ExpenseExampleYear10 $ 443
2016 rr_AnnualReturn2016 5.13%
2017 rr_AnnualReturn2017 29.63%
2018 rr_AnnualReturn2018 (12.79%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 13.07%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2017
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 7.70%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (14.35%)
One Year rr_AverageAnnualReturnYear01 (12.79%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.62%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 28, 2015
iShares Edge MSCI Multifactor Global ETF | Return After Taxes on Distributions | iShares Edge MSCI Multifactor Global ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (13.19%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.22% [3]
iShares Edge MSCI Multifactor Global ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI Multifactor Global ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (7.27%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.06% [3]
iShares Edge MSCI Multifactor Global ETF | MSCI ACWI Diversified Multiple-Factor Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (12.63%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.85%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 13.07%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 32 BarChart4.png IDEA: XBRL DOCUMENT begin 644 BarChart4.png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end GRAPHIC 33 BarChart38.png IDEA: XBRL DOCUMENT begin 644 BarChart38.png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end GRAPHIC 34 BarChart17.png IDEA: XBRL DOCUMENT begin 644 BarChart17.png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htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Exponential Technologies ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EXPONENTIAL TECHNOLOGIES ETF Ticker: XT                                 Stock Exchange: NASDAQ
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Exponential Technologies ETF (the “Fund”) seeks to track the investment results of an index composed of stocks of developed and emerging market companies that create or use exponential technologies.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 21% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 21.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the Morningstar® Exponential Technologies IndexSM (the “Underlying Index”), which measures the performance of equity securities issued by companies that the Equity Research team of Morningstar, Inc. (the “Index Provider” or “Morningstar”) has determined are involved with the creation of groundbreaking technologies and/or that are users that apply such technologies within their businesses. Exponential technologies displace older technologies, create new markets and have the potential to effect significant economic impacts.

The Underlying Index is a subset of the Morningstar US Market Index and the Morningstar Global Markets ex-US Index family (the “Parent Indexes”). The eligible universe of securities in the Underlying Index must be in the Morningstar Global Equity Index family and covered by Morningstar’s Equity Research analysts. The Morningstar analysts perform fundamental research in order to score companies within the eligible universe along a three point scale based on exponential technology themes that Morningstar believes have the potential to have significant economic benefits to producers and users. As of July 31, 2019, Morningstar has identified nine exponential technology themes: big data and analytics, nanotechnology, medicine and neuroscience, networks and computer systems, energy and environmental systems, robotics, 3-D printing, bioinformatics, and financial services innovation. The themes are reviewed on an annual basis and may change over time. As a general matter, these themes focus on issuers that are either developing resources for others or are advanced in their own applications in the following areas: processing and capturing customer or other business-related data, and analyzing and leveraging that data to grow the business; engineering and technology applications focused on manipulation of matter on an atomic, molecular or supramolecular level; research in respect to developing medical areas, including the study of the nervous system; computer networks and systems; energy and environmental systems; robotics; three dimensional printing; leveraging new methods and software tools for understanding biological data; and innovative financial services.

Morningstar’s sector strategists, directors and selection committee review the scores assigned by the Morningstar analysts and may calibrate or revise the scores to ensure consistency in scoring across analysts, sectors, geographies and themes. Morningstar eliminates companies with average three-month trailing daily trading volume less than $2 million and/or float market capitalization of $300 million or less. It then ranks the remaining potential constituents in an order emphasizing exposure to the exponential technology themes, giving preference to current index constituents and also preferring smaller market capitalization companies over larger ones. Up to five leading companies within each theme are automatically included in the Underlying Index, with additional companies added until the Underlying Index has 200 constituents. The Underlying Index is equal weighted and is reconstituted and rebalanced annually.

The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the healthcare and technology industries or sectors. The components of the Underlying Index are likely to change over time. As of July 31, 2019, the Underlying Index consisted of securities from the following 23 countries or regions: Australia, Belgium, Brazil, Canada, Chile, China, Denmark, Finland, France, Germany, India, Italy, Japan, the Netherlands, Norway, Singapore, South Korea, Spain, Sweden, Switzerland, Taiwan, the United Kingdom (the “U.K.”) and the U.S.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by Morningstar which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Exponential Technologies Risk. Technologies perceived to displace older technologies or create new markets may not in fact do so. Companies that initially develop a novel technology may not be able to capitalize on the technology. Companies that develop exponential technologies may face political or legal attacks from competitors, industry groups or local and national governments. These companies may also be exposed to risks applicable to sectors other than the exponential technology theme for which they are chosen, and the securities issued by these companies may underperform the securities of other companies that are primarily focused on a particular theme. The Fund may invest in a company that does not currently derive any revenue from exponential technologies, and there is no assurance that a company will derive any revenue from exponential technologies in the future. An exponential technology may constitute a small portion of a company’s overall business. As a result, the success of an exponential technology may not affect the value of the equity securities issued by the company.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Healthcare Sector Risk. The profitability of companies in the healthcare sector may be affected by government regulations and government healthcare programs, increases or decreases in the cost of medical products and services, an increased emphasis on outpatient services, and product liability claims, among other factors. Many healthcare companies are heavily dependent on patent protection, and the expiration of a company’s patent may adversely affect that company’s profitability. Healthcare companies are subject to competitive forces that may result in price discounting, and may be thinly capitalized and susceptible to product obsolescence.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Thematic Investing Risk. The Fund relies on the Index Provider for the identification of securities for inclusion in the Underlying Index that reflect themes and sub-themes and its performance may suffer if such securities are not correctly identified or if a theme or sub-theme develops in an unexpected manner. Performance may also suffer if the stocks included in the Underlying Index do not benefit from the development of such themes or sub-themes. Performance may also be impacted by the inclusion of non-theme-relevant exposures in the Underlying Index. There is no guarantee that the Underlying Index will reflect the theme and sub-theme exposures intended.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 10.99% in the 1st quarter of 2017; the worst was -13.59% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Exponential Technologies ETF | iShares Exponential Technologies ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.47%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.47%
1 Year rr_ExpenseExampleYear01 $ 48
3 Years rr_ExpenseExampleYear03 151
5 Years rr_ExpenseExampleYear05 263
10 Years rr_ExpenseExampleYear10 $ 591
2016 rr_AnnualReturn2016 9.03%
2017 rr_AnnualReturn2017 33.70%
2018 rr_AnnualReturn2018 (4.63%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 17.21%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2017
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 10.99%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (13.59%)
One Year rr_AverageAnnualReturnYear01 (4.63%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 8.79%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 19, 2015
iShares Exponential Technologies ETF | Return After Taxes on Distributions | iShares Exponential Technologies ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (4.93%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 8.44% [3]
iShares Exponential Technologies ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Exponential Technologies ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (2.50%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 6.84% [3]
iShares Exponential Technologies ETF | Morningstar Exponential Technologies Index(Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (4.41%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 9.02%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 17.21%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 36 BarChart13.png IDEA: XBRL DOCUMENT begin 644 BarChart13.png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end XML 37 R196.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI USA Value Factor ETF
iSHARES® EDGE MSCI USA VALUE FACTOR ETF Ticker: VLUE                                 Stock Exchange: Cboe BZX
Investment Objective
The iShares Edge MSCI USA Value Factor ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Edge MSCI USA Value Factor ETF | iShares Edge MSCI USA Value Factor ETF 0.15% none none [1] 0.15%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI USA Value Factor ETF | iShares Edge MSCI USA Value Factor ETF | USD ($) 15 48 85 192
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 35% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI USA Enhanced Value Index (the “Underlying Index”), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index (the “Parent Index”). The Parent Index includes U.S. large- and mid- capitalization stocks, as defined by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is designed to measure the performance of securities in the Parent Index that exhibit higher value characteristics relative to their peers within the corresponding Global Industry Classification Standard (GICS®) sector. To construct the Underlying Index, the Index Provider calculates a “value score” for each security in the Parent Index using three variables: price-to-book value, price-to-forward earnings and enterprise value-to-cash flow from operations. MSCI uses an algorithm to determine the number of components in the Underlying Index based on the number of constituents in the Parent Index. The number of components is evaluated semi-annually. MSCI assigns weights by multiplying a component's value score by its market capitalization. Weights in the Underlying Index are next normalized so that sectors in the Underlying Index represent the same weight as in the Parent Index. As of July 31, 2019, there were 150 securities in the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Value Securities Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in creating an index that emphasizes undervalued securities. Value securities have generally performed better than non-value securities during periods of economic recovery (although there is no assurance that they will continue to do so). Value securities may go in and out of favor over time.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 15.70%.
The best calendar quarter return during the periods shown above was 8.62% in the 4th quarter of 2017; the worst was -16.92% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI USA Value Factor ETF
One Year
Five Years
Since Fund Inception
Inception Date
iShares Edge MSCI USA Value Factor ETF (11.18%) 6.30% 8.97% Apr. 16, 2013
iShares Edge MSCI USA Value Factor ETF | Return After Taxes on Distributions [1] (11.69%) 5.74% 8.41%  
iShares Edge MSCI USA Value Factor ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (6.18%) 4.90% 7.09%  
MSCI USA Enhanced Value Index (Index returns do not reflect deductions for fees, expenses, or taxes) [2] (11.06%) 6.46% 9.15%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
[2] Index returns through August 31, 2015 reflect the performance of the MSCI USA Value Weighted Index. Index returns beginning on September 1, 2015 reflect the performance of the MSCI USA Enhanced Value Index.
XML 38 R1.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Document Type dei_DocumentType 485BPOS
Document Period End Date dei_DocumentPeriodEndDate Jul. 31, 2019
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Central Index Key dei_EntityCentralIndexKey 0001100663
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Nov. 22, 2019
Document Effective Date dei_DocumentEffectiveDate Nov. 29, 2019
Prospectus Date rr_ProspectusDate Nov. 29, 2019
Entity Inv Company Type dei_EntityInvCompanyType N-1A
XML 39 R162.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI Multifactor USA ETF
iSHARES® EDGE MSCI MULTIFACTOR USA ETF Ticker: LRGF                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Edge MSCI Multifactor USA ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks that have favorable exposure to target style factors subject to constraints.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Edge MSCI Multifactor USA ETF | iShares Edge MSCI Multifactor USA ETF 0.20% none none [1] 0.20%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI Multifactor USA ETF | iShares Edge MSCI Multifactor USA ETF | USD ($) 20 64 113 255
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 45% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI USA Diversified Multiple-Factor Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is designed to select equity securities from the MSCI USA Index (the “Parent Index”) that have high exposure to four investment style factors – value, quality, momentum and low size – while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors.

MSCI, in selecting equity securities from the Parent Index, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors – value, quality, momentum and low size – is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest & taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward earnings estimates to share price)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the same country over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.

As of July 31, 2019, the Underlying Index consisted of securities from approximately 161 companies from the U.S. The Underlying Index may include large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Low Size Risk. The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (“low size companies”) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Model Risk. Neither the Fund nor BFA can offer assurances that the Index Provider’s model will result in the Fund meeting its investment objective. The Fund may underperform other funds that do not similarly invest.

Momentum Securities Risk. Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Quality Stocks Risk. Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock’s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Value Strategy Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 16.31%.
The best calendar quarter return during the periods shown above was 6.69% in the 4th quarter of 2017; the worst was -15.65% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI Multifactor USA ETF
One Year
Since Fund Inception
Inception Date
iShares Edge MSCI Multifactor USA ETF (9.79%) 4.90% Apr. 28, 2015
iShares Edge MSCI Multifactor USA ETF | Return After Taxes on Distributions [1] (10.44%) 4.40%  
iShares Edge MSCI Multifactor USA ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (5.29%) 3.77%  
MSCI USA Diversified Multiple-Factor Index (Index returns do not reflect deductions for fees, expenses, or taxes) (9.67%) 5.13%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 40 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 41 R107.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI Intl Size Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI INTL SIZE FACTOR ETF Ticker: ISZE                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI Intl Size Factor ETF (the “Fund”) seeks to track the investment results of an index composed of international developed large- and mid-capitalization stocks with relatively smaller average market capitalization.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 26% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 26.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI World ex USA Low Size Index (the “Underlying Index”), which is based on a traditional market capitalization-weighted parent index, the MSCI World ex USA Index (the “Parent Index”). The Parent Index includes international large- and mid-capitalization stocks, as defined by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is constructed by applying a mathematical formula at each rebalancing that reweights the components of its market capitalization-weighted Parent Index, such that the representation of smaller capitalization companies is increased relative to larger capitalization companies. In addition, at each rebalancing, the Index Provider calculates a “constraint factor” for each component. The constraint factor is the ratio of the component’s weight in the Underlying Index to that component’s weight in the Parent Index. The constraint factor is held constant between each rebalancing, except in the case of corporate events (as defined by the Index Provider). Changes in the relative weight of an individual component in the Parent Index due to market appreciation/depreciation result in that component increasing/decreasing in weight in the Underlying Index to hold the constraint factor for that component constant between each rebalancing. The Underlying Index is rebalanced semi-annually. As of July 31, 2019, there are 1,012 component securities in the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and industrials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index), and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Low Size Risk. The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (“low size companies”) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 7.24% in the 1st quarter of 2017; the worst was -12.02% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Market Index Changed rr_PerformanceTableMarketIndexChanged On December 3, 2018, the Fund’s Underlying Index changed from the MSCI World ex USA Risk Weighted Index to the MSCI World ex USA Low Size Index, consistent with the change in the Fund's principal investment strategies to track the investment results of the MSCI World ex USA Low Size Index.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI Intl Size Factor ETF | iShares Edge MSCI Intl Size Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.30%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.30%
1 Year rr_ExpenseExampleYear01 $ 31
3 Years rr_ExpenseExampleYear03 97
5 Years rr_ExpenseExampleYear05 169
10 Years rr_ExpenseExampleYear10 $ 381
2016 rr_AnnualReturn2016 4.53%
2017 rr_AnnualReturn2017 24.01%
2018 rr_AnnualReturn2018 (12.84%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 11.53%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2017
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 7.24%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (12.02%)
One Year rr_AverageAnnualReturnYear01 (12.84%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 1.64%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 16, 2015
iShares Edge MSCI Intl Size Factor ETF | Return After Taxes on Distributions | iShares Edge MSCI Intl Size Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (13.26%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 1.06% [3]
iShares Edge MSCI Intl Size Factor ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI Intl Size Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (6.99%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 1.40% [3]
iShares Edge MSCI Intl Size Factor ETF | MSCI World ex USA Risk Weighted Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (12.26%) [4]
Since Fund Inception rr_AverageAnnualReturnSinceInception 1.94% [4]
iShares Edge MSCI Intl Size Factor ETF | MSCI World ex USA Low Size Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 [4]
Since Fund Inception rr_AverageAnnualReturnSinceInception [4]
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 11.53%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
[4] On December 3, 2018, the Fund’s Underlying Index changed from the MSCI World ex USA Risk Weighted Index to the MSCI World ex USA Low Size Index, consistent with the change in the Fund's principal investment strategies to track the investment results of the MSCI World ex USA Low Size Index. The inception date of the MSCI World ex USA Low Size Index was September 11, 2018.
XML 42 R266.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares MSCI EAFE Value ETF
iSHARES® MSCI EAFE VALUE ETF Ticker: EFV                                 Stock Exchange: Cboe BZX
Investment Objective
The iShares MSCI EAFE Value ETF (the “Fund”) seeks to track the investment results of an index composed of developed market equities, excluding the U.S. and Canada, that exhibit value characteristics.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI EAFE Value ETF | iShares MSCI EAFE Value ETF 0.39% none none [1] 0.39%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares MSCI EAFE Value ETF | iShares MSCI EAFE Value ETF | USD ($) 40 125 219 493
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 21% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI EAFE Value Index (the “Underlying Index”), which is a subset of the MSCI EAFE Index. The MSCI EAFE Index has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) to measure the equity market performance of developed markets outside of the U.S. and Canada.

Constituents of the Underlying Index include securities from Europe, Australasia and the Far East. The Underlying Index targets approximately 50% coverage of the free float-adjusted market capitalization of the MSCI EAFE Index and consists of those securities classified by MSCI as most representing the value style of investing. Securities classified in this style generally tend to have higher value characteristics (i.e., higher book value to price, 12-month forward earnings to price and dividend yield). MSCI uses a specialized framework to attribute both value and growth style characteristics to each security within the MSCI EAFE Index. Each security is evaluated based on certain value factors and growth factors, which are then used to calculate a value score and growth score. Based upon these two scores, MSCI determines the extent to which each security is assigned to the value or growth style. It is possible for a single security to have representation in both the value and growth style indexes; however, no more than 100% of a security’s float-adjusted market capitalization will be included within the combined style framework. The Underlying Index may include large- or mid-capitalization companies.

As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally invests at least 90% of its assets in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index. The Fund may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Dividend Risk. There is no guarantee that issuers of the stocks held by the Fund will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the European Union (the “EU”) (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Value Securities Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. Value securities have generally performed better than non-value securities during periods of economic recovery (although there is no assurance that they will continue to do so). Value securities may go in and out of favor over time.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 7.66%.
The best calendar quarter return during the periods shown above was 29.73% in the 2nd quarter of 2009; the worst was -19.02% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares MSCI EAFE Value ETF
One Year
Five Years
Ten Years
Inception Date
iShares MSCI EAFE Value ETF (14.88%) (0.80%) 5.31% Aug. 01, 2005
iShares MSCI EAFE Value ETF | Return After Taxes on Distributions [1] (15.48%) (1.49%) 4.75%  
iShares MSCI EAFE Value ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (7.90%) (0.38%) 4.56%  
MSCI EAFE Value Index (Index returns do not reflect deductions for fees, expenses, or taxes) (14.78%) (0.61%) 5.50%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 43 R95.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI Intl Momentum Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI INTL MOMENTUM FACTOR ETF Ticker: IMTM                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI Intl Momentum Factor ETF (the “Fund”) seeks to track the investment results of an index that measures the performance of international developed large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 105% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 105.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI World ex USA Momentum Index (the “Underlying Index”), which consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI World ex USA Index (the “Parent Index”), as determined by MSCI Inc. (the “Index Provider” or “MSCI”). The Parent Index includes equity securities in the top 85% of equity market capitalization in developed market countries, as defined by the Index Provider, excluding the U.S. The Underlying Index is designed to reflect the performance of an equity momentum strategy that emphasizes stocks with high price momentum, while maintaining reasonably high trading liquidity, investment capacity and moderate index turnover. A risk-adjusted price momentum, defined by MSCI as the excess return over the risk-free rate divided by the annualized standard deviation of weekly returns over the past three years, is calculated for each security in the Parent Index over 6- and 12-month time periods. The 6- and 12-month risk-adjusted price momentum calculations are then standardized at +/- 3 standard deviations and translated into an average momentum score. The weight of each Underlying Index constituent is determined by multiplying the security’s momentum score by its market capitalization-weight in the Parent Index. Additionally, each individual issuer is capped at 5%. MSCI uses an algorithm to determine the number of components in the Underlying Index based on the number of constituents in the Parent Index. The number of components is evaluated semi-annually.

As of July 31, 2019, the Underlying Index consisted of securities from 299 companies in the following 22 countries or regions: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index includes large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the consumer staples industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Staples Sector Risk. The consumer staples sector may be affected by, among other things, marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

High Portfolio Turnover Risk. High portfolio turnover (considered by the Fund to mean higher than 100% annually) may result in increased transaction costs to the Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Momentum Securities Risk. Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 7.46% in the 3rd quarter of 2017; the worst was -15.16% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI Intl Momentum Factor ETF | iShares Edge MSCI Intl Momentum Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.30%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.30%
1 Year rr_ExpenseExampleYear01 $ 31
3 Years rr_ExpenseExampleYear03 97
5 Years rr_ExpenseExampleYear05 169
10 Years rr_ExpenseExampleYear10 $ 381
2016 rr_AnnualReturn2016 0.60%
2017 rr_AnnualReturn2017 25.50%
2018 rr_AnnualReturn2018 (13.97%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 15.99%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2017
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 7.46%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (15.16%)
One Year rr_AverageAnnualReturnYear01 (13.97%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.23%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 13, 2015
iShares Edge MSCI Intl Momentum Factor ETF | Return After Taxes on Distributions | iShares Edge MSCI Intl Momentum Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (14.25%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 1.85% [3]
iShares Edge MSCI Intl Momentum Factor ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI Intl Momentum Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (7.75%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 1.85% [3]
iShares Edge MSCI Intl Momentum Factor ETF | MSCI World ex USA Momentum Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (13.74%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.55%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 15.99%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 44 R61.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Core MSCI Pacific ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® CORE MSCI PACIFIC ETF Ticker: IPAC                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Core MSCI Pacific ETF (the “Fund”) seeks to track the investment results of an index composed of large-, mid- and small-capitalization Pacific region equities.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 5% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 5.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The expense information in the table has been restated to reflect current fees.
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Pacific IMI (the “Underlying Index”), a free float-adjusted market capitalization-weighted index which consists of securities from the following five countries or regions: Australia, Hong Kong, Japan, New Zealand and Singapore. The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and industrials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Commodity Risk. The Fund’s investments in certain companies, especially resource extraction and production companies, are sensitive to fluctuations in certain commodity markets, and changes in those markets may cause the Fund’s portfolio to lose value.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Interdependence Risk. Many of the Pacific region economies are intertwined, and it is not uncommon for many of the countries to be in recession at the same time.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Lack of Natural Resources Risk. Certain economies to which the Fund may be exposed have few natural resources. Any fluctuation or shortage in the commodity markets could have a negative impact on those economies.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and Australasian Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, Australasian Economic Risk, European Economic Risk, Interdependence Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 8.85% in the 4th quarter of 2015; the worst was -12.71% in the 3rd quarter of 2015.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Core MSCI Pacific ETF | iShares Core MSCI Pacific ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.09% [1]
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none [1]
Other Expenses rr_OtherExpensesOverAssets none [1],[2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.09% [1]
1 Year rr_ExpenseExampleYear01 $ 9
3 Years rr_ExpenseExampleYear03 29
5 Years rr_ExpenseExampleYear05 51
10 Years rr_ExpenseExampleYear10 $ 115
2015 rr_AnnualReturn2015 3.36%
2016 rr_AnnualReturn2016 4.55%
2017 rr_AnnualReturn2017 25.83%
2018 rr_AnnualReturn2018 (12.38%) [3]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 11.50%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Dec. 31, 2015
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 8.85%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2015
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (12.71%)
One Year rr_AverageAnnualReturnYear01 (12.38%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.09%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 10, 2014
iShares Core MSCI Pacific ETF | Return After Taxes on Distributions | iShares Core MSCI Pacific ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (12.91%) [4]
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.43% [4]
iShares Core MSCI Pacific ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Core MSCI Pacific ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (6.85%) [4]
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.34% [4]
iShares Core MSCI Pacific ETF | MSCI Pacific IMI (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (12.71%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.04%
[1] The expense information in the table has been restated to reflect current fees.
[2] The amount rounded to 0.00%.
[3] The Fund’s year-to-date return as of September 30, 2019 was 11.50%.
[4] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 45 R120.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI Min Vol Europe ETF
iSHARES® EDGE MSCI MIN VOL EUROPE ETF Ticker: EUMV                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Edge MSCI Min Vol Europe ETF (the “Fund”) seeks to track the investment results of an index composed of European developed market equities that, in the aggregate, have lower volatility characteristics relative to the broader European developed equity markets.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Edge MSCI Min Vol Europe ETF | iShares Edge MSCI Min Vol Europe ETF 0.25% none none [1] 0.25%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI Min Vol Europe ETF | iShares Edge MSCI Min Vol Europe ETF | USD ($) 26 80 141 318
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 23% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Europe Minimum Volatility (USD) Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) to measure the performance of European developed market equity securities that, in the aggregate, have lower volatility characteristics relative to the large- and mid-cap European developed equity market. In constructing the Underlying Index, MSCI uses a rules-based methodology to select securities from the MSCI Europe Index (the “Parent Index”), which is a capitalization-weighted index, and to determine the weightings of such securities in the Underlying Index. Under the rules-based methodology, securities and weightings of the Underlying Index are established based on pre-established parameters and discretionary factors are not relied on.

Generally, the rules-based methodology includes specified requirements for security eligibility, maximum and minimum weightings by security and, in some cases, by sector and country, established rules relating to handling of special dividends and other distributions and treatment of corporate events. In order to determine weightings by security within the Underlying Index, MSCI seeks to construct a portfolio of lowest absolute volatility, as measured by MSCI, using its multi-factor risk model. The portfolio is then further refined by an optimization tool that aims to determine the lowest absolute volatility based on the projected “riskiness” of securities in the Parent Index while applying constraints based on established minimum and maximum weightings of index constituents and sectors as well as factor constraints (for example, liquidity and financial leverage) as measured by MSCI.

As of July 31, 2019, the Underlying Index consisted of securities from the following 14 developed market countries or regions: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Spain, Sweden, Switzerland, and the United Kingdom (the “U.K.”). The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the consumer staples and financials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Staples Sector Risk. The consumer staples sector may be affected by, among other things, marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Europe. The Fund is more exposed to the economic and political risks of Europe and of the European countries in which it invests than funds whose investments are more geographically diversified. Adverse economic and political events in Europe may cause the Fund’s investments to decline in value. The economies and markets of European countries are often closely connected and interdependent, and events in one country in Europe can have an adverse impact on other European countries. The Fund makes investments in securities of issuers that are domiciled in, or have significant operations in, member states of the European Union (the “EU”) that are subject to economic and monetary controls that can adversely affect the Fund’s investments. The European financial markets have experienced volatility and adverse trends in recent years and these events have adversely affected the exchange rate of the euro and may continue to significantly affect other European countries.

Risk of Investing in Switzerland. Investments in Swiss issuers may subject the Fund to legal, regulatory, political, currency, security, and economic risks specific to Switzerland. International trade is a large component of the Swiss economy and Switzerland depends upon exports to generate economic growth. The Swiss economy relies on certain key trading partners in order to sustain continued economic growth. Switzerland's economic growth generally mirrors slowdowns and growth spurts experienced in other countries, including the U.S. and certain Western European countries.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the EU (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Volatility Risk. Although the Underlying Index was created by the Index Provider to seek lower volatility than the Parent Index and the Fund's name reflects the name of the Underlying Index as provided by the Index Provider, there is no guarantee that the Index Provider will be successful in creating an index that minimizes volatility, and there is a risk that the Fund may experience more than minimum volatility. Securities in the Fund's portfolio may be subject to price volatility, and the prices may not be any less volatile than the market as a whole, and could be more volatile.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 14.64%.
The best calendar quarter return during the periods shown above was 8.69% in the 2nd quarter of 2017; the worst was -8.95% in the 4th quarter of 2018 .

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI Min Vol Europe ETF
One Year
Since Fund Inception
Inception Date
iShares Edge MSCI Min Vol Europe ETF (7.84%) 0.71% Jun. 03, 2014
iShares Edge MSCI Min Vol Europe ETF | Return After Taxes on Distributions [1] (8.20%) 0.23%  
iShares Edge MSCI Min Vol Europe ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (3.92%) 0.72%  
MSCI Europe Minimum Volatility (USD) Index (Index returns do not reflect deductions for fees, expenses, or taxes) (7.92%) 0.76%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 46 R241.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares MSCI All Country Asia ex Japan ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI ALL COUNTRY ASIA ex JAPAN ETF Ticker: AAXJ                                 Stock Exchange: NASDAQ
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI All Country Asia ex Japan ETF (the “Fund”) seeks to track the investment results of an index composed of Asian equities, excluding Japan.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination November 30, 2021
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 17% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 17.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI AC Asia ex Japan Index (the “Underlying Index”), which, as of July 31, 2019, is a free float-adjusted market capitalization index designed to measure equity market performance of securities from the following 11 developed and emerging market countries or regions: China, Hong Kong, India, Indonesia, Malaysia, Pakistan, the Philippines, Singapore, South Korea, Taiwan and Thailand. The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and technology industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund invests all of its assets that are invested in India through a wholly-owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term “Fund,” as used in this Prospectus, means the Fund and/or the Subsidiary, as applicable.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Custody Risk. Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Lack of Natural Resources Risk. Certain economies to which the Fund may be exposed have few natural resources. Any fluctuation or shortage in the commodity markets could have a negative impact on those economies.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Security Risk, Asian Structural Risk and Risk of Investing in Asia

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Risk of Investing in Asia and U.S. Economic Risk.

Risk of Investing in Asia. Investments in securities of issuers in certain Asian countries involve risks that are specific to Asia, including certain legal, regulatory, political and economic risks. Certain Asian countries have experienced expropriation and/or nationalization of assets, confiscatory taxation, political instability, armed conflict and social instability as a result of religious, ethnic, socio-economic and/or political unrest. In particular, escalated tensions involving North Korea and any outbreak of hostilities involving North Korea, or even the threat of an outbreak of hostilities, could have a severe adverse effect on Asian economies. Some economies in this region are dependent on a range of commodities, and are strongly affected by international commodity prices and particularly vulnerable to price changes for these products. The market for securities in this region may also be directly influenced by the flow of international capital, and by the economic and market conditions of neighboring countries. Many Asian economies have experienced rapid growth and industrialization, and there is no assurance that this growth rate will be maintained. Some Asian economies are highly dependent on trade, institution of tariffs or other trade barriers and economic conditions in other countries can impact these economies.

Risk of Investing in China. Investments in Chinese securities, including certain Hong Kong-listed securities, subject the Fund to risks specific to China. Investments in certain Hong Kong-listed securities may also subject the Fund to exposure to Chinese companies. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the last few decades, the Chinese government has undertaken reform of economic and market practices and has expanded the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. China has experienced security concerns, such as terrorism and strained international relations. Additionally, China is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Chinese government or Chinese companies, may impact China’s economy and Chinese issuers of securities in which the Fund invests. Incidents involving China's or the region's security may cause uncertainty in Chinese markets and may adversely affect the Chinese economy and the Fund's investments. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of additional tariffs or other trade barriers (including as a result of heightened trade tensions between China and the U.S., or in response to actual or alleged Chinese cyber activity) or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, the Fund may continue to invest in the Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 33.18% in the 2nd quarter of 2009; the worst was -21.10% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI All Country Asia ex Japan ETF | iShares MSCI All Country Asia ex Japan ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.68%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.68%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets none
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.68%
1 Year rr_ExpenseExampleYear01 $ 69
3 Years rr_ExpenseExampleYear03 218
5 Years rr_ExpenseExampleYear05 379
10 Years rr_ExpenseExampleYear10 $ 847
2009 rr_AnnualReturn2009 70.91%
2010 rr_AnnualReturn2010 15.52%
2011 rr_AnnualReturn2011 (20.01%)
2012 rr_AnnualReturn2012 21.39%
2013 rr_AnnualReturn2013 2.48%
2014 rr_AnnualReturn2014 3.93%
2015 rr_AnnualReturn2015 (9.85%)
2016 rr_AnnualReturn2016 4.83%
2017 rr_AnnualReturn2017 40.52%
2018 rr_AnnualReturn2018 (14.81%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 5.22%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 33.18%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (21.10%)
One Year rr_AverageAnnualReturnYear01 (14.81%)
Five Years rr_AverageAnnualReturnYear05 3.29%
Ten Years rr_AverageAnnualReturnYear10 8.73%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 13, 2008
iShares MSCI All Country Asia ex Japan ETF | Return After Taxes on Distributions | iShares MSCI All Country Asia ex Japan ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (15.13%) [3]
Five Years rr_AverageAnnualReturnYear05 2.83% [3]
Ten Years rr_AverageAnnualReturnYear10 8.36% [3]
iShares MSCI All Country Asia ex Japan ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI All Country Asia ex Japan ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (8.38%) [3]
Five Years rr_AverageAnnualReturnYear05 2.54% [3]
Ten Years rr_AverageAnnualReturnYear10 7.22% [3]
iShares MSCI All Country Asia ex Japan ETF | MSCI AC Asia ex Japan Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (14.37%)
Five Years rr_AverageAnnualReturnYear05 4.02%
Ten Years rr_AverageAnnualReturnYear10 10.09%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 5.22%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 47 BarChart5.png IDEA: XBRL DOCUMENT begin 644 BarChart5.png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

9>/QCF77E-V?5-#O>FDEQ7"#+VWWWX;LV;-PNK5JS%I MTB2,'#D2PXM;6UN.VVVQS/Z*52*52E4J*2:0]?A)>5_U1\ MC"X"T#*9&'PO0T\')GLCF*7;HF.22:(Y(USV:>E6*,E$ N!L1\MZM(&$&7I# MAP[%T*%#RZ[??//-HJ((CDJ=Y8@85(R"X>T9B(TFC4U&"((@(D4%O!D#P?"NS:DO4UB)! MY V]V"VUE+TBD0Y,)LP)HPR#7[H-)D:22:(YPP(6?FIK8O!:CI7T-$,.$AU[ M4#D1-HB,F(2]T.^F(")3>!&'RJDRL3$LP,# =-N3C LB M[T[AN#222:?;GIC!=WYJK )7&U,^S?K;BLXE+U]&,9>76\ P0)NWPB4.^HE. MGCNS.K6J9SM^S-)FEBY>&$;YX5VWRCOO1>3"ZE4!I\"8:9QVZL=N^D2>26G/ M+S]O^7M&^L,X;_[J(GTY&LF2%64+"09Q:=U$41<9Y<-(-HW:&&"TZJ>_-!%>G_:>/3Q\OSH,6NWUNG1ZR)O+:<"##T5N]EDNK]N MPG R2''<#$R><+239A'E$!B*_738,9[MUJF3N.SX\9H'J^_V!P[.W;G!JOSM MU(_X] 4SXV>41R]UY$47B4B'77]6;J*@BYRT):/KS5D7!3UQ[E1>[;KW2Q=9 MR;C;MBQ:?S@E^H:>UA*RPNO@0_CT%R2[>1 MPWJ/7M#Y"[HL*[?NH@.O#(5N'["YE=0/PI!'DDF"\!_:9BH.6KH-&?,*L)Y) MH+D&P@U"%6@DA# 2B2 (H@3W[9*,O.@0^1F]J _![8]:+':M!@5-Z54>G#(L MR)T(^XAWAD#@4WH!11AQ?4(0<4$!J*V)@IZZC3+6I^<$_:I;)>!7BE9NW44' MTQ-Y1!2PR=F.?E.,QT_!#.&I6Z(B6;.J%H\_< \Z=MX,/WX_!UMOMP/.'G5Y MB9O%"Q?@N2<>1<=.G?'M5U_@@$,.QQ'#3\"XRT9BR:(% %0]NVC^KQAWVU0, M/N1P3+[^:G3;? LL7[8$UTZ\'0 P^]W_8,[77^*"RZ\)+']N9=_0GT6SI;8F M!J_E&'E#K[+AM +]I: /L*261T02%^<-V&X[M"Q,V./Z2T=@W.W3T&WS'E 4 M!;_^.*_DOJ(HN&[4>7CPF5?0LE4K;&QHP*J5*P >^\_!(W4 MJ+*)O*$7 MQ@C<\Q8409WOJXTO\C-Z'GH>DDF"QZJ5*_#C=]]B]CMO MHW[#>FRHJ\-I%UQ4(B]SOOX2Z7037OK'3#0V;D(ZW80S1EP"!N"(G)$' ._\ MZW7L=^#!2$@2:FK:H6[M&C =6O7H*9=>]P]81PN'CT.":DRMLD;MAF+QD1M M30S-Y&$,QOGP[AFYM?)7^K'J0Q2#[[:SPKUH-_U6^=5?*_T=Z-(M_3*8W";3C?^@L1NNNSX-ZMSL[#]DKT@Z\R.>S=E$D8ZU<_2 MQ;]C^;*EZ+7UMCC]@HO1L_"CDKX\Z; MKBL+Z]F9C^#84\\&P-"CYU;HO^= /#AU"G8?. B__C@/FW7KCKIUZS!C\D3\ M_?Y[-&D3649&X3G!J7NS<,SD0G\M*G+MIKSMQ&%5)F[KBT_D9_2,,\J[;J=0 MK-U8N?!4]*8=LXA&R!.XL!&=!I'A12%M'M(@(OFVC46WD04L@[:C,W/H),WE M;M>L6H7''YB!CIV[X,?OO\76V_4IV>LU]]NO\=B]T['3KOVP]/>%:-^A(RZ\ M>BP X+'[IF/9DM_1K7L/?/_-5SCI[ OPY[WV 0#<>OW5Z+[Y%OACV1*,+MGK M]04NN/Q:C_GPXB\L723.<&E;TPZ,,>PZ8$\ 0/\]!V+BM9>5N&G3M@8=.V^& M'CU[%=Q,NNZJ$C???/$9MMMQ9U2W:5.X=O1)IP, UM>MP[47GHT9?W\&YQYW M)!Y]X0W<.^46?/'QAQBP][X.\V)%>5Z=;]VQ>-S04G?X)1=1U$5>=(:5+O*6 M[L@;>HRY$4YOV)G1@%NF#(-W3;? HJBX)/'X.?YJI[O?[QZ .8 M_M@L:FL>Z=E[:_3HN166+)J/WMMNCZ6_+\16VVP+19&QXH^EZ+;Y%MAUP.[( M9K-HJ%^/ZC9ML6SQ(FRUS;8E9?_$0_^':R=,YM;''3>.P>5C;T(RF4 BD0!C M0(=.G;"^;FWLZB^,OCNN>"W'R!MZ4<1^F>MW/D6 B"2#(.+*JI4K\,-WW^*C M_[Z-^@T;L'[].IQ^P:@2-_L?=&C);SF;1>OJ:@# Q:-OT%R74=VF+0!UQFG= MFM4 @'5K5J-MN_:X<\+UN&3T#9 J9*]7E$DD$KCCP^I9@>53*&;] M"3W!$1G(T'.!=D;/U4RXAL#M+FI\\<*/<_1"(2I+*MY9NGA18:_7@('[XM7G M9F'T1>?B_V8^RW7_KY=?P,#!!V+'778MN:XH"OY^_PR,NVTJ *!'SU[HO^= M/'#W[=ACGT'XY8>YZ-*M.^K6KL6,R1-0T[X#SAAQL>_YBS.[]!N 6_]O0-GU MI_[Y3N'[H*&'8-#00[C^>_;>&C=/NY][[X!#CL !AQQ1^'W:^1=Z3"U!V"/R MAIZX[8C.XK2+^3(NYXZ]2[$ASGF+*T&VN6#B*5K#0>0MO]=KM]WW! /PYST' M8N(UEW'C???--_#-%Y]BW.2[2J[+LHQ)UUV%$\\\%_WWV*MP??C)Q;U>UXP\ M&_<\_@S..?9(//;B&_B_*;?@B]D?8O>!HO=Z$80+&.E_47@M1YKO=P$S^%Y. M!*?/J.41>B(HII5,SZVVQA8]M\+BA?,! $L6J7N]9%G&'TL7%]R]_,Q3F#OG M?Q@]\3:L6KD"GW[X'@"@<=,FC+]R%/YZXBG8>] !^,\;KZ*IL;$DCMO'JWN] M$HD$I$0" -"^H[K7BR B >F5R!#Y&;THHIW%N#N M*=AZN^WQZ\\_8E)NK]?423?B'_]\!^_\^W7P:=-&''G, M"=ASW_UQS/<[_#[@OE0% 6+%RW R^_MCZH6+0"4[_4ZX.##\=#T.[%D MT0(<5ZE[O8B($O*) (00(F_H1?W)'1%)"S1_09]T$>&ZJQ1,R]!K^1JL9096 M;S%]HKAO_P'H>V_Y7J]9;ZA[O88<>@2^F/\'U^_TQYXR#7O(H4=@R*'%O5ZG M7T![O0B_R$UE&+49JU>@D?X7@M=RI*5;%VC+W%S.;;P"C2#"I%G((_4V!.$+ M]-1M11#]&3U$3TW;/T>O>3^,P6@SKA!X95B001'*E/,D>+PF]()]&(,@HDJ4 M'VPDC*&',?S HE3=G:,7$8),4@2S'SM(DQ($$45(-T6&R,_HA8(O!@I9/80/ MD%@1A%"^_G4^/OWQ9X!)8%("D!)@R118,@DED0)+I<"256#)I'I/2@"2A"R M! #(,A0Y"V0S4#(9*)DF(-,$.9T&RV:@9-)0LC*@9,$4X((C#@HNT&.,@06]H],B.G>O0./["#Q_ 3_X$7C=Q1!>&;*R+VX#Y\<75+T% M+1^AZ!.BHDAGLJAKV%@T]!))L&06+)4"D@J8##"9@C40XU\0H@,O(8GS=C$$14<=82;"B'R.@/P@PR]#@H?DJOOJ4I\6TI M\L)1#&&48;R> MNBV-+Z@X5ZZKPV<__8+"X7U2 BR1V_.52 ()]2]+) "F[O."Q+"N*8MV50DP M!>H28&XI4,EFU.7 ;!9,SD#6+/\!"O;[4Q_4M&X=4.Z:$3Z/02KZ&%6K<_1$ MQ]=,\5J.D3?TH@@)+Q$VP@8;%2/,7A(:SFSAAHV;,&?!(G43ER2I1ETR!21S MF_E3N4\RI>X#2R158X\Q+*E7 $51C;O\!O[Q2HR8FG5XT4FH03A M K[\QGCG#A$A(C^C%\8KT*R6;NVC;<6,>TM]"E!0=!&#@4:L(O#U%6@&0095 M;X'+1Y#Z)(37#5)[\T[@(AGC.HMSWH*$7H'F"Z*&6=:UX^N#'R$3WYR%C["R MC8PB)FDA"(+P@^C/Z,%[7Y3O0D3U:<+V1BGJ[&%D^EK!T,,8Y>AET.U_+ MD&-?Q>\5:*7Q4=[BA;8-B7Y0#A 5H'$@%?TP1L3BBQ(B[0YZ&,,&?AP&[CK, MLHZ59C*:$WJY:!]KLB%+1T-(MERA5D5CB MF[/FA=!Z)*$@"+'8M.NBOX>M4@U40DM@,WI''WTTUJU;5_@]=>I4].W;U])? M86-X?AI-+W?:>UI,GH,HN<\,?OL%T_]DQ?QIW1BEQTZ[T^?)(&[?8;DHS>HM M_SV/8G)??\\L#*O?O'#LIL/HOCZM9N'R_!H0>%_ ='$:Y1$HSZ=1.]7[#:G_ M*"QO6ND2(YWB0!>%T86^"S&^RL+@!ZHH M.GD,4A>)P*3.RK82.*EGNSK3#UVD+RO>=R=[<,QL"SNZ1/$NDX$9>OWZ]<,- M-]S@W",S^,MS8W7-['[);U&]$"<<1?\S__BM/CT\*#QH*$,9-?AKQZ_5 M/2-L;M%A6FLH:%T4!*[:B$[>@M)%VGO:HD6+ M,'GR9##&T*9-&XP8,0*)1,*&S[)Q@7#*U4MP+8)9YH^5?%-TUYS'%QS6>>/[ M\A)C=.(0B8]Q4YJ" MQ!"9,3E!$ 0ANO>BSE H,Z9,XMHZN_7NYBG<0&;T-FS8@+OOOAOCQHT# /S\ M\\_8?OOM;?G]9OX?:%U=S;TG25+%RUG0H_"@B7/>@H)7AH69 )]LZ;C.Z,5Y MMC+NNB0H@IX5K>@9/8O@2!Z=<((9>*I7"G#ES M,'[\>"02"?SXXX^X\\X[[?FM2B%5E?(YA:6(>^3=9D!Q;@UQSEM0^%F&O$TF MH5@, 4489TLOK#CCCILR=6)/!5AG@>_1(WET1"*90 +EV]%2:6\V4""&7HL6 M+?#,,\\$$940Q+UHNGDO7<;WG1_AP\J^N"0R(AJ9A!"$=R*J^H2_1,;'[4W'Q!B&YD]Y1D< M00^^21[%X+4Q@]:$:/((B*1X@:BX:B%SZC1U0$9.CQ$&:? M4*,B(@[9X@01 /R&%N>!/A$=:.F6AY^-3Q>V\/Q%ZJ11FWF+6)I-">%\7],R M])H.WHL3K.(4".-\\SN^R"_=NJS3R"W=5E*[SL/;2B,D#\:!N*XS%[I(N'RX M>>JV$N4B9+S66^0-O7 VZ?D8$._@;M'YBXRV-WE=C9[(I-DF43F9UJ]T1-X: M\A!?U//FMB.,G*6'Z*7'#I76WT2YC(W2%N4T1Q&/Y5512[=:/<9T'\"]3#&# M[[Y@H,#U:;#2V;Q[/!O2;GB^8/!4"Z_NW+KA^;'CUNB:R/3939M(/ZXP&(_P M\N=FG,+S7^XGN"&^4;ZAAVWO.LB=)$=(C^C9Z6(U%_YISOSV_^US\7:>R,CRX4# ML,"GE5E)'O3WM-]*7RJN?R-?,2R@--^EUP)#473Q%VZ4_&)E>2O'O,%HZJ[P MO\*YKFA\V7]39[F\YG;+R]53MN; M-GQ>FD7##U=[ZD+0NB@(RHTB,QG3RY&9+BGZ$*>+8.#/2-Z-^VU^?(KNBC[= M/'_EW]T0>4//N9VN_^VDB)@M+YX*W="S\V9N[L=<50>#4=WYD3:CLC&2!='Q M.;WOU;T@#,\*=9&1/[ONW,1E)QQO]19Y0\^.F2<&_1$:6D; PDGKT S;S F=Q7SY)3AYR2$7XCL MN=WDV\VD6ACEZZ5N_9X,\"N,$,K95!QY^L7LNT-9\XHX;/6EW=8=7;T&A[]-$C\/=]Y6$&5[+L7*6;D."UWB] M=$PL0@=%^M$Q!#H[TXQ0='\+"*A /XP0)^@'5GZ$'Y9,:N,6G8:X[_&- N)6 M=TK## N_988&&]&$##T.5HK9RPR+HO$05H/WJ^/Q.^SFC.&LD(B"9M'H?!QU MJC8;GA\=M1-+V#S[+_2T^'"6;K5IL76R-I&A3, MLNXWM32O])A&G_?[4DOW#BL=B0LM4H6SG2!@:TC-F_BC:O-EE>]4"^$'*).N MZLV%55]XJ(O:FW=R95C0DXK8=E=2O4'7F29O(J/EB2PC>12'QW*DI5L#M+, M^BEI=V5NH+TC,-?MQQZ4"&0K=G#E3L0>/1;^/CWDSM'S:]^H&D/PZ/6&K;9A MHP"T947]J3_X+3>AU)EF!M&O)6F2Q>@1^1F], 5''[>W=)2^F 4(;S.U[0[' M87AEUUDP>5NV= GNN&4B/O_T8[S_Q3=<-S__^ ,FW3@.34V->/+Y5TKNO?3< M,UB\:!&:FAKQT?OOX=%_/(N:=NTP[MHKT:/'%EBZ= DF3+X# /#>?]_&UU]^ M@$4ZDTISGP%;3B8M0FW:= /TK3Q:.\' 6])RTO\^O#TY46= MK'?T2_W:Z^[;H%*V92;HK02 JI/U^_-$RZ0^;,([7LN19O0,,)O%L]_8M?LR MBKY\6:6?NYH " 241!5()S "]N+VG1*J^2ZP%-H7PZ^R,<_I>C3-U\_<7G M&'K(8=SKLS]X#Z.NN I7C!Z+VZ?=@U:M6^/[.=\BE4QAQ"67(R$E,/>[.5A? M5X=''[P?EUQYC5]9"1313Y1[0=\Q>!F(Z/V&W=[T\?J1%II!%P^OWD2$52+K M$:@XKTD@HR[ZQ,#0\V=,)";4GV7S8[DVK VX?SWV>+2JKC9U M<_PIIR&52I5=?_K)Q]&V;0T>N&<:;K_Y)BR8_QM2J11J:FJP=LT: ,#:-6M0 MTZX=;K[A.EP[[D9(4@R:39Z 9EVM,)I%$4E1YOV:1RD/ES=@]-+^>+-,A#\4 MZDC$]@CP!S-!5V!^\*V55%$K!A&P62N08.9T([]TJRYYVBD(L87%;91P:AD7 MTU38ZY>[I-W@*WX;NC&*PE_.$A*VYB\#P)C=NO-./A[K^$K3M'C1[VALW(3G M7OLW,ID,ANZS.[ITZ8:^N_7#'GOO@^E3;L/ _0;AIWGST*W[YEBW9BUNO_DF MM&_? 1>,NM3'')6FV&C6%' N^24RS=EHSFRW.>_PXK$EDR;"RUL&+G[7QNA7 M'LME4<1V#:LM%T'66]PI$2^E])K;NM,$I;L77)VQW/L]]6W#V-RP2!OGMG9 M1?)H%^M^RPO1-_1$&;P.6ZA^AH%QKGE*#LO-[GG)GXN$Y!LZ;S3G=IZ*IP"5 M_/]!MW.S^#A3CC7M:M"S5U^ =?@8 H&[=.EQT M[AEX;-;S.'[887C^GV_BCDD3\?%''V#O???S+2MF22_\Y1AJ5FB7,@T-R*#J MK3##7-HE6#8+"VM0OW2;#S.@ 70A0JUQ)F*[!*^NF/9+6/UJF&OCHC'(A[[- M.$%!HJ"9Y1Y20M/!T5BR2QFG;21[2%"7Y:$&WCEE0[T M]=_+,4\@4\K;G.-^)4SEXR<1RE/D#3T6PD<;-V#><5@T U,W>3,PT/RQXM._ MO+PXD4U>IZK?JQ?$Y_UW_H/GGWX*:U:OQK0ID[%NS1I\\N$'./_TDPMN7GOQ M>;SUS]>Q:/YOF#9E,J"H3\&=6W"#7GYYLV@ M!YNO\H9C-(E1FG[GA%V'O#*\YJ!SRDXSP*Z[7C M45"J+()>Q=G_@ .Q_P$'EES;=__!>/T_[Q=^#SMZ.(8=/;S,;R*1P(V3;C,, M^Y##C\0AAQ]9^'W>A:,$I-@Y/,/<+27^%83^6C[>C+"V,^2.1O6]I4%XALME M :%M'TQSS6TX1M>#;&_-#2]+MLCYD74^"_494L49#1J9PHV"C5 MC+:3T5\WA),!O8%7_!V=+>%Z ]1NNG@SY[R_A#A$&"U%_PKGF_Y'\.@'YT;Y M-5R58B8RR*+2ZHC(S^AQC23.?5$8"3QO5&?7(+)2RG8,+:^C2GU8^N].IX?U M8>A'=^JUZ'2P8>.T8]=B) _:>W:77O1U!(;"TJW6K=M9;*<8S525RY*SF09M M. P*M]T:Z1'>\IH^+?ITZL,P"XO77LSR9G=V4L02CY8@=)$?B.P?K&:LK,+G M#6#T?H,LP[Q.YND+?1NQ(]MY1]R!2&Y[C%.LY"MLN?,C?BM=Y)6*F-%CNA]Y MA>97QP.4+D>*4FP,*#E'CQ>654?M.<^ZI5MM.8H87!IUW+8\^E6I(O"8MC+O M3JP69C+29J5.S= OM0,Y(X]9^_=4+1:>>;-NY?+.;,F5MLV"\UT?;Z%>..7( M]&Y07H=68JOO. UG1BS\\_)@RZ#Q*+-FUP-IJBXL?!&J1.^?5]9V=1W3_&]P MTQD>,Z>?^>;U 68#&GU2]-^]]B-6\N6G+K+CUB^[PTH7>2'R,WI^,<:?W)N9LE]_PPN$VT-F_6K=R9\^Z#.T"S8Y4YP<(ZYLV4\F93S.I- M'YWA#*A1WJ+AG+?+8;?1&LPFB M1G5$*;Q9"@8X>NK6:)1>9@R% &_92"MG9;-AG%&O4;C:OT'#4*X_>&W$CB%? M5O<<-X082@QRQ9O\Z&>9RVX&B/; 9*OQCJW98UWZM1,C<:12QU&1G]'S8W*! M%P#S)OO!DY.^ZLT+>S_%]J;]XQDSUP MKAD-?/4#*2,_0=>9G?C4]*DEH!^H&/4=,DIET6Y:29T:!5LB<)52MV8^==_ MYW5(8:%/GSZO^LXF#V^6S$B.PYAEL#(* .ORYR[W6?@AO,%K&U;U8W0M[-ER M/=H91EZ^BGI>/3="*W^LS$UY>PNKK1'&1'Y&+RRTPJJ=:8#FN@2EI&/1^\N/ MAF3PE7LHC5]S8#*O(Y1@K #,,.J\@N3!-]]7XV4,3$J )9) ,JG^323!$BGU MMY0 DQ* )*%15E/:0F* G(4BRT V SF3 ;)I()N&DLE R6; Y"SDK Q QI[; M;8W=>F\9:/[T30/@=3)&UXK!F"_=%D=-P<*;(= ;L_G[9FFS4G1Y-T$Q?_E* MM32E!%A"-?18J@I(5H&E4I"255!256"))*1$$HHD 4S--5-D*'(62C8#)9.& MDDZ#I1NA9)H@IYN@9-)@V0SD;!9,D=%G\VZ!YX,I!ZCZ]H.5=OVW S."',*9:F4_C8:^-OYK36*RN() M")[^Y\W* >5R:+1ZHY=%U7'P?5M<\5J.D3?TP!AG9.!T/LQHL2I_31>>4OJ5 M)]@B? M<"NDEQEWACR)T!]XK0U+E4O ??IY&)1'K@QY4B)I.B%]AU\F:R@M-6C\:-V4 MMSDG]61G2&0>GE%KY>7)S*T, \KRI@W!*?;S8E0G/,HZ30,W97LNRV32[A#5 M"!]UD2=$AZD)CQ6/^N&U&2.CR AN/>D=&.@R^]CTR]$E1@,/H[Y/GQ=%\RGK M2TSUB C9]Q=K1"]^C9SW11K/7=M?::+CQ6[LM- M,?-F]*S.T?,2FU486O'3=B(\\=+?TX9A1WRM.BGK$.SZY1OHW'KCS%SQL!J1 M%W_;2[]>VGB^^:8L![?3KU8ZR+W,?,/W6&G=\>J(5U]Z&332J=YZ&7T8UJYX.H"G$ZWR:>366!?9D4TK_-5% MQNZ-I$E_OUP2GC$#\\ U,^@^">V!A2,GM)R+S&,D'?#]Z[DONF-!UY^17>!1N'I94W;P4M& M/0S?_C7-OS:^H.JMF#>E+&U\0Z:\LS&:)2M>+]V7%&3>S&8<]6YY]ZWRIB^C M,'2)6[P;>\[:CUW*9$U7"=JR-C)LK'2--K"HZ'_MK%Q1#LN'$/J)@KSN9SK_ MC-&;D?*$;<-4Z(Q>L/ ZFSSF$[^*YO_2\'C7@X 93 $;S2P8C?J8@1NMN[ H M7[HMG]\Q'Y^%G0/[<(]78<8S#%P#G^E^AX!1&]'?5W0.>#/3O!F3,&N49XSR M[O/R;-6VK,(FO*,UA/*_ ;Z^- [#_ARSW^@-M3S:?!9U@<+-KSX\_7T&0#$Z M XD('#+T>.@$5#\K5.9<]YOI/E;NP\ J#6;WM8I"/ZJU,]/I&YQ$J^DK-]_, MEEJB/ HM2[=B@/4? "%0D)Y,SKE>5/*W 8)S\#6?N<9 M#&:S07HYCK*\Q@TC TE_33\H-JRG$"J/-T@W2K_VN]U!1:%OH*=N(T,@2[?O MO_\^GGCB"?3NW1O+EBW#77?=A6327M1AS3(8*5Q](S&;B>!.Z2LZQ:Z93?&" M&R-%/UVOO6X6CO:>K+FFGUT)O.XXD?'R9M4Y\F8WM7Z"-@A-1]2YV3NS$1MO MF:]$K@T,9+/P_,@[K\WQC%2CI3)9\U=_S\GLBTCT;8PG?]I\FQF!1M?T]]TB M2JXK87BZ@H>V?@M'D2C!EY/><-/G1=)]-QMT:,,IB\?DJ5N1 MLA8'.;/":QY]G]';N'$C3COM--Q]]]T8,V8,6K=NC1DS9O@=K2<88]R1&W37 MC)96S&:XRLYD$M30[1I5VNET,V/,J'$K*,^CWEW8#<^N0K*J7^T2L-Y B@)F M PZ].ZTQH:]W(T/#*EZ_X*7-")X1RVN3VK]!8C93DO]=9GAKOO/R8I0_KX@: MF(4U.!>-43GKY4S?ONSF7>%%$@!F[<-H4&N(PG=CE2V1LD98X_N,WB>??(+N MW;NCNKH: #!HT"!,F3(%EU]^N2W_#0WU@==FXZ:-2#=N B1)/5@WFP3+R&#) M#%@V"V2S8,ELX:PV2 GDSV.#HJ@'[V8S4.0LD&Z"DO]DFH!,NGA/EM'8N!'U M#?6!Y2W3U(ATXR8P20(2"2"1A931Y"F;!9(9L$0ZES=)DS<9D&4U_=D,D-'D M+9V&DC]@.)L%4Q0T;@HV;^G&35# 91B"=AIQ5S]%3LEDHBHQ-&QL"RUO#QDVJ/#(&,/6,0"F;!3CU M)B728(D$%)8H3A?G\J;6609RKMY8N@ER)E=O&54FF2)C8T.0>:M'IG$3E-PA MUY"2D+))(*,>7,VR64C)+%@R R61AI1( %("A0=N%!E*-@O(&<@9M<[D=!-8 M1CW[4,ZD@6P&D&5 D;$QP'K;N+$A5V\2($F0$DFP;!9*1LT3LFJ]L60&D!*: MLQV9JD<41:TS.:,>VIUN*NJ3;+J@2_)Y:]A8C_J&5"!YBS.;-/7&I$1.CQ1U M"+)9M?TETV!2LG#X.A(2,EE51\HY7:*>R=D$)=VHGLV93>?:7!:053T9I(YL MW+BQH$M8(I>W3!;(YZN@*]. E,SI$@DLES%W75T=NG;MZG>T!$$0 M!$$0S1[?EV[WVFLO+%NV#!LV;$";-FWP_OOOXZBCCK+M__M?%J"U@?4J21(2 MB82HI!($01 VR'[['C*OW:\N,RAVPV"UDN?Z=/ M0WT]_K3M5J[#]=W0:]6J%6;.G(G++KL,O7KU0D-# T:-&F7;?[OV[1U/4Q($ M01#^D6W5"NFJA'J$1B*1,_128%5JIYHW]*2J)%@R"99,E!AZBBRKAEQ&@BPQ M* R0H4!F3-WFS !%8H"L0)$5M*BN!J-^@# AU3(%N2H))JG[#UE*_4@YF42+ ME"J;J80JDXGF?ITM,*4W%] D0!%EL%:)-$B0'E, MI;SMO0WD>)5!@P9AT*!!KOS&Y0DN@B"(>,)[YK1<:Q??6*,^9UQ\ICWO7OL, M2.^*"E=S7'ER=?Q>]>8B\YZB9YO]@B/SQ*@1!$$3<*3^T M0P&#HC"=@:?U872BH#[<*!UJ1$0;C4PQ_<%%.9DTE4>4N-'ZY<91(43^7;>1 M',I57CT31'2A]N2>L,J.%?X#_X0YIG:73"GK4%4?9J=W:K\KQ:!)1@A;6#<* MI2"CI4[SLJJ^>ULKUSX=@&L7CW%5X(Q>!%I[!)) $+$A$NW)32(BD/#0DY#O M!/G'/FL-NN*K"!G'^..] X0@G*+?.E ^8\Q0''PH8&6BQW(S?P5#,/"C\L7+ M?N1G]%BAL*VF^/7PWM7 >_&*V7G@=LZE-XI;N^1@YD?OQDD<6K1Y,'M/A>.S MVU%>+OIK5OGCI4GOSRC-84U9&*7/J#R=UJ/1^?-6]6 MW?/;![+S964S^H9U6>^V]6G3>^/ M=%'SUD7Y\'(O;E/*VQ)ON59AI?OU&+0RJDU3Z=_B__[K(J]2%WE#3T74:-OL MFAWE;3<=O#"MW+J-PVF\;H3-3IQ685B%Y;7,1>,T?4[KT4S>_))W)W)I%I93 MN78KTTYD7$09FL4AJNSL7*LD7:2=[2CO[/(=J (&2;,8EI_5DTO\F76(#-;E M0KK(F7O>_3CHHISAQ?0SS"SWBQ6,.8"5V)KZO7FJ[)8;I8QIY3%H7>2<"ERZ M)0B"(,)'OS?/>'FKN!Q6_*UW81X'05A@: OI!PDZ@XX!4F'N3M&YTWXK^O'Y MA6+"J9 9/8(@""(J2#VV1>J0L]6N3V) [GVHD')_UH\R=D:>^8UI6WVN@NVEM_A*9_;R M>_042*I+GG\(RTXHY/AN+,GEQ8S%6W&,@E_K2!%_?,!2FS7N.*O*%'$ 1! M$ 1A2LF,GMY *U[+S^AIEVGSAWBCQ,CC!I[S4%E#D\K:H^=F_S+3?8S"=6*B M:^.TLV_7[MYJJSVQ5A^[F VC[=PS"E/OUT[:>&7)\V=TS2PM=NK=*GRC/;=V MXP;GKQ%NZ\-IW3N1(UYY&(7+2Y?3]F&&DW9LE :G\FT4'^DBTD6DB^S=,XO# M#UU40OD#&69[1?E/@AMD+FA=Y('HS^C9:5!.A=\J/KOIM6 MI((U\^LVSU9I<%-?3L+77W,:=Q05K!56=2!*WOV6=:OT.)%O/^2$=%&I6])% MSJZ1+N(8?PSFQ\GD]^>5'UF2?Q*\]$B54A?J=1G0/HP1A"[R6*:1-_3,C&:" M( B"( @&J 88RR]4&I\!6/[Z/>B,/*U?W;E]N67;(.T2KW%%WM C"((@"()P MC_G!SXKIE)+5+&'TJ:P]>@1!$ 1!$#R8?C8.*#?0^&]K4>\PS6P?X[NOL#/T M #+T"((@"(*( V5[YXQGXPH/7K"B@5=/8(@"((@'&%Z MW$K>"0,4E+R>K^C9P+"KP#UZ-*-'$ 1!$$1,R$T/J4]GP&PI-[]D*Z/TV)4B MY>^Y51_XJ*SI)S+T"((@"$<\,^L?Z+OC#GC^N6<-W:Q;MPZC1H[ G5-NPX47 MG(=Y\^86[KW\THLXZ_13<=<=M^.$X4?C^^^_ P!\\O%L7'O5%1A]]97XY./9 M -3WBIYRXO%8O7JUOYDB8D+.N"N\&8._WT[[_N7B FX@[ITQ M'<>?>!(Z=NH84 Z)RHN \4BZRU]\""GZ5+EV#1PH4 M@.[=-\>*%C2AYR_-5Q'X"Y4K M$7<8S/7SBN7+T:ZFIG"_IJ8&*UO3!UQ@R,OWXL^@\8@"\^^PSW/O 0 M&( ;;IJ !^^[%Y(D8>RX&W#%I9=@ZHQ[<-LM-Z.IJ0G'G7 B=MQI)\_I;DXT M3UV4G]'3[['37M/OU6,%%R7A<'^7OUG#3^C 9((@",)7_O[H(WCQA>?!&,/3 MS[V JJHJ2S]=NW5#75T=NF^^.0"@KJX.7;ITQ?+ERW'*B2?@JV^_0[MV[?#Z MJZ_BI...Q1???(ONW;MC_(2) ("[[[P#)YUR*MY^^RULV;,7AA]W'$X^X3B\ M\/*KON:5J&"T#TDH^ED\_5X][=X[_?*LWAV*OROL00R EFX)@B ("\XXZVR\ M].KK>/&5UTR-O*5+EB"=3@, #C_BR,(#%3_,FX?--^^!GKUZ8W: MM0, =.O>#4WIII)P?I@W#W.__QY_/>88U*U;ATZ=.Z%ERY:%L F"B\*;N=._ MS@PP.T2Y.*^7G[7C+?_2TJU@\E:X_LF7\LV5UD_'Z/WHX]&Z<_O;ZLD=(T$S M"I>7/K-X[,;)*PM]'LS\&?GEA6T5KQ8C/_JXC-*A3XM5NGEQ6L7/2Z\^7J,R MM)-NNVDSBY>7#QX\-T9E:2;;O+0:Q>.E?1FESZQ=Z<,QTQ=NRJQYZ:*FIC2F MWGD'?O_]=[SR\DMHT:(%COS+40" \\\]&Q>-N@2''7$DQMTX 6-'7X/E?RS' MK[_^@D$,*-@4 X7 Z%78)@X8$L 80@+PIY!7W! /NN8@C76@*[B@@((?I2 M!08()(BZI9R^51;$XE) AAF&F]X\PPTRG>^;I MGIZ9[GZ_GRJ*F3Z>Y_?T=#_YS=/' / !"+YRS_]L/:U^(](V,[,OBK3MPI/D M2%?4)H#;[4:C1HT )=_K4##A@T3'!$1$1%9U]D'U>N%K?C\;_412WMKG=;K1(;0( J*RLU)T3 M\=0M$1$1.<2=T;O S1AJ(X]J_RNG22KS9? :/2(B(J*X4TO U$ZQ*A,ZY;)* MBN6L=Q(T(B9Z1$1$9'.RXAJ]H.FUB"1UX:Z=M1?KWXP1_'E$NO83BGE:\]7H MN899:[K(]:9TE^CVBO=VM6I<=A?I.#%R'T>D^OQ$[S\U:-R]+N; Q99(-HC0*&*3?XU&V\^J(H/UOK)WK!1!MN9*.(E!UI.@\T M?42W5[RWJU7CLKM(QXG(=#W;/-*RROE&RV9?9']6/>:M&I=5R4'7T$GAOH$% M5M!X'4R1V,EWIEBE+Q)@^41/:X"5B(B(*$#S1@D)H=F$\B:-N\M)@<>J(&C9 M.^L&79\7S[PDVKIXC1X1$1'97V!$3YG0:5VG5_NU''BO'&:2[]9A,TSTB(B( MR!E4$S&UQ8H_&X= M-L1$CXB(B.Q-5MQ8(0>??@U_^E8.&MD+_=DS_S)!IVUMF.S9ZF8,M5_Y,W.3 M)_(.]7!/2X#&/"/EB:[#N_6M(=K/Q.QUK'B,1%.>G]XGDK OBKX\T778%UF# M+?HB609<+L5203=3 *HEUKX!0UF3HHXP<1D1J2^*MB[+)WK!8OWD@$1V)GJ? MHF"T/-%UV+%:0[2?B=GK6/$8,:L\(T]+8%]DO#S1==@768,M^B+)?V>LVA$: M?+I6"ID6FKK%?X^+\=-5>.J6B(B(;$YY2E4*'B<+/_8NA2RCEA#:&Q,](B(B MLC=9#KI.3U+Y90RUT;W@%"_<\O9.^&)^ZK9CQX[HV+$C9%F&)$G8MFU;K*LD M(B*B?S12Z"G9T.OSE"-VDN*U3U&8"+WDFN=OE79.>/9YBCK MBCK1R\[.QH4+%P+O_:=HAPT;SUD 90 $;Y)1$%4AH*" BQ8L ]>_:$U^M% MOW[]4+=N70P:-$BX?(_' X_'$W@?/-CJK#4)KQ1"Q I6RS=BF6H^AT#H$]=2G''S76M_P]HE0MMKGH!6#D;I4 MR]-QT&NU6W2_$BT_\+^DOHV,; \SMJ5H'%KS].Q3HO/T8E_$ODBYOEK9[(L0 M^GB50,%JI2I'D+1.T6KMU='1*LWK]4+V^6K-"\Z!C(@ZT=N\>7/8^3U[]@0 M)"4EX?'''\>6+5MT)7JMTIIKSILS-Q]SY\T+F69FDAU-66KK*K\SZ"T_7)EJ M\Z/=%F;>;!XI=I'IHF6+EFND7;$L.UR99NZ+(K'JJ4]DOS;[6(I%64;F&2U/ M+_9%YI2C50;[(O&ZK-P7J3]>12NA"SYUJUD@U%-2\_;I8 OFS\?\O[P59/#DDT\" $Z<.*'[U&WYE:MHV+"AZCR7BS<-$Q$1$<(\,%FI M=M)6>^S._\JL\>3(9L^9@YFS9]>:[G:[D1YFT"N2F"9Z+5NVQ)MOOHG]^_?C MZM6K:->N'<:-&Z>KC.3D9"0G)\F.@1$1&1LX2, MZ 7?PZN\62-D)95UXG-]7BPQT2,B(B)GD=1NQ-"^B[;V;Q>*X5TY7/CM,:W]B7W3W/0S6R;Y(?YE^[(L4I#M; M.^QOW2I'Z234_ 2:\O2M%/I/NGM#AIF?::2^*%J63_0 $YZM$V'HU>BSCXPN M$PTSGY%D9KOCN;R>,LTLVTA99FX+LS[[Z(\G<^J,M(SQ_5'L5$ND\M5._+ O MTBZ??5'X,MD7B=5AM*R4!_NA3JL.@61,=?TF RP7)Y0)< M$B1)@GSS&J0&J8!/!GPR7#X?9*\7LM<'V>L#_*]]OIIE9!E2XU3!6,WOBXRP M1:(7/3.&6\4^,"**AAG'F96/4_9%1+%0-Z,7D-'+Q!*=TQ?9Y!J]X+Q6[;N$ MR/<+T>_ P>4%OP_W,RIF?!_5\QU=K4ZU9;3FBVQ#M?EF?C<5C3/2ME:6IUQ6 MK0PSZS-[6T0J3VO?-F-_B':<2'2_5\8;_%KM3KE(GX6>ND2FB;21?5%HO9&6 MT9K/OLB\^M@719[GI+Y(G U&]-0:K&R\VIELHQVL:'EZWT>Z0D+T"HIPVT$Y MW?]_N">#Z[W:0VL'5,8O_VI5>XN)3O13K&2&W1\[GJF19N?KB[Y(S4K_78A>#E1/^(L"\*ORS[(O9%:N_9 M%X66%ZDOBB[ALT&B)\*J;/9%T=?!OJAV'>R+8E=O(LM39Y-3MVK4;ITF(A)E5O_!OHB( MHA';_L/&(WKQR82)R*EB/:I!1"0BMGV(_4;TV*>*X78B@/N!*"/;B=M6#+<3 M =P/1,5@.]DOT5-[T'7P:Z/7+ZI=1J%6AM;E%I'J4ZZG-TX]U^3ZK_O5BDTK M!M'M9V3;*LM7SH^&6CO4IIM17[@VA&NCWO*4\]3*UMIG@X6[UE=M>;W[HM9^ MK;5>N.-5)"XCQ[16W<&,G#EA7Z3^7AD'^R+V10#[HG!U!XO!65SKG[H-[BRD MH'XCW U:1@\D,SYH(QULI/4BQ2&RK%9]HLN)UA&)Z,UE>@6OK[PQ*MS-;F;4 MIZS32/EZMK/>#E;O]%AVL.'JBW4'&^9]2+\2J7SV1>R+PF%?%+DL]D7Z^J(H M]Q'+)WJ!8T(*G1;UP4&)$8_/S4AG87:=9'V2REN=?UC8%]D8^R*RB@A]4;0? MJ?U.W1(1$1$!V/'==WCTD8?QAT%/X ^#GL#T5U]17>[BQ8O(&3D2;R]<@+QQ MX[!\>4G(?)_/AZ<&#\;XO'&!:;MW[\:KK_P7IK_Z"G;OW@T D&49HYY[#M>N M78M=HTQF^1$](B(B(BU+ERY#O\0.9GGZ&DI!BCQXQ! MLV;-8MHF,S'1(R(B(MOZZ*-UV+OW1_SVVV\8-7H,NG;M6FN95JU;X_"A0P" MRY.[P+KI#9+Q94K5^#S^="L>3.< M.'$"AW[^&=.F_6=\&F82299ERSWIT^UVHU&C1@" WRIN!#X,(B(B(K\K5Z[ M[7:C??OVN'CQ(OKT_E?\\.->I*6EA2Q7556%?QL]&NT[M,?//_^,/__YWY$W M?CR.'S^._W[_/2PI6HIU:]=BQX[O\.'*50" "Q0 M) F??OXYZM:M&YC7)[,WYL[-QU-#AH2L,SHG!X.??!+C\O)0556%C'_Y9WSR MV>?X9LO7\'@\J%>O'O;OVX^___)WC!PY$E.F3D-*2DI@_26+%Z%CQ_MPX\8- MN%PN/)>3@YR1(_$_FS;%O+W1)GJ\&8.(B(AL8UQ>'C9]]14V;MZ,XF5+ S=& MW+IU"^?.GL7]G3H! ,Z=.P>/QP, .'/V#%JW;@T J%^_/NY)345U=35FSIJ- MN?GS\-J,US%DZ%!TZ]8-TU^;$9+D'3UZ%(/(S.S#W+'U=PY^]3@P9@R=2JR__A' M?/_]]UA65(2''WD8Y\^?1VIJ*@K>?"M0SO_^[6]8M7(E?BG[!>/'3\"$B1,! MU-R-^Z=GGL'*U:O1O'ESE)>7HV!>/EJU:H6N71_ ?HF<3C\:!! MO13<_+T:RD1$ M1$0.Q42/B(B(R*&8Z!$1$1$Y5)U$!Z F^/X0M]N=P$C$>3P> #7Q6OW"3CV< MVBZ ;;,KMLV>G-HVI[8+8-NL(C@/,G+_K"7ONKUTZ1+2T],3'081$1&19927 MEZ-ERY:ZUN&I6R(B(B*'LN2(GL_GPY4K5P #1HT@"1)"8Z(B(B(*/YD6<;- MFSO8^+$B5BX<"'R M\O)PY,B1>(=IB$C;O%XOWGWW7:2GIV//GCWQ#M$PD;:]]MIKF#U[-@H+"Y&3 MD^.HSVWY\N68-&D2%BU:A&>>>09;MVZ-=YB&B+3-;^W:M;H?IY!((FU;NW8M M>O?NC8$#!V+@P($H+"R,=YBZB7YF*U:LP-*E2S%W[EP\\<03\0S1,)&V96=G M!SZOK*PLM&C1 H<.'8IWJ+J)M.WBQ8L8,6($%BQ8@-S<7)24E,0[S)BRY$^@ M69G_F7X__O@C2DM+L7/G3@! []Z]T;=O7_3HT0-CQXY%<7$Q^O;MB^/'CV/H MT*$X<>*$I9\'Z(_-Z_7BV+%CR,K*0GEY><@R;[SQ!GKUZH6\O#P<.W8,8\:, MP8$#!Q(1KBXB;=N[=R_Z]^^/A@T;)B)$PT3:EI*2@OGSYP, UJ]?CRE3IM@B M(1)I6W5U-4I*2I"2DH+NW;MCQHP9MOAB)=(V /CIIY]PZM0I2_<=2J)M6[]^ M/=JU:Q?O\ P3:=>MPX\8-S)PY$P!LD0@!8FU[_OGG,7KT: U/\F5DY.# M[MV[QSU6O43:5E14A,Z=.V/6K%EPN]UHVK0IK M@[]=24E)&#MVK.HR&S=N#+2Y2YO5JQ<>>. !0[\C MF$@B;?,G>4#-P\B;-&D2E]BB)=*VZ=.G(R4E!0!P\N1)6_SA <3:]NNOOZ*X MN!@%!06VVB]%V@;4C,8N6;($\^;-PYDS9^(5GF$B[5JS9@V\7B^*BXLQ9\Z< MP$-NK4ZD;?XD#P ^_/!#C!\_/BZQ14ND;:U;M\:E2Y< )O M)R1>4?YVA5->7AZ2)#1IT@3EY>6!I-:J1-IF5WK:]OOOOV/5JE5X[[WW8AB1 M>43;=OGR92QM1O1$/KCI6KUZ-BHH*=._> M';MW[T;;MFWC$*%Q>OH1K]>+39LV83)&C1J%J5.GXN#! M@Y@V;9JM+I>(Q+I'E<6EIZ>CHJ(B\+ZBH@+IZ>D @'7KUJ&DI 3%Q<5HW+@Q MTM/3T:%#AP1%:IY6K5JAHJ(";=JT 1#:9K*VJJHJ3)X\&4N6+$&G3IT2'8ZI M6K1H@25+EJ"LK R9F9DX>O2H;48MM>S?OQ_)R_?NJ*RLQ(D3)Y"1D9' J*+7M&E39&9F JCY(GS???=ASYX] M>/;99Q,> '#AP]'7EX>JJJJT+ES9_3HT<,1QQK M4[>&/?WTT]BU:U?@_/8JV;=M:?C2/@&O7KF'"A F8-V\>'GSP07S\\<>)#LDTBQ8M"KQN MTZ8-JJJJ>^]-<%31&SQX,$Z?/@V@9E3VW+ESZ-RY:-6N0 MFYN;Z#!,=>;,&;1NW1H 4+]^?:2FIJ*ZNCK!49DGJ:"@H"#10=A1FS9MX':[ M45I:BJ^__AK]^_?'L&'# -0<"!]\\ %.G3J%G3MWHK"P$ T:-$APQ.)6KER) MS9LWHZRL##=OWD2O7KT )F9F5B]>C4.'3J$C1LWHJBH""U:M$APM/IHM>W2 MI4M8MFP9MF_?CMNW;Z-1HT:V&X75:EN_?OUP_OQY?//--UBS9@TV;=J$EU]^ M.<'1ZJ/5M@T;-F#KUJTX<. 5JU:A5&C1F'(D"$)CE8?K;8!P/GSYU%24H+M MV[KQ>#!@U*8(3&:;6M M6[=N6+%B!4Z=.H4-&S;@H8<>"GM]J=U(LIVN\B4B(B(B83QU2T1$1.103/2( MB(B('(J)'A$1$9%#,=$C(B(BD1$1$0.Q42/B(B(R*&8Z!$1$1$Y%!,] M(B(B(H=BHD=$1$3D4$STB(B(B!R*B1X1$1&10S'1(R(B(G(H)GI$1$1$#L5$ KCXB(B,BAF.@1$1$1.103/2(B(B*'^G]J(_EC7?\SYP !)14Y$KD)@@@$! end
XML 48 R144.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI Multifactor Global ETF
iSHARES® EDGE MSCI MULTIFACTOR GLOBAL ETF Ticker: ACWF                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Edge MSCI Multifactor Global ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization developed and emerging market stocks that have favorable exposure to target style factors subject to constraints.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. until November 30, 2025. The contractual waiver may be terminated prior to November 30, 2025 only upon the written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares Edge MSCI Multifactor Global ETF | iShares Edge MSCI Multifactor Global ETF 0.35% none none [1] none [1] 0.35% none 0.35%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI Multifactor Global ETF | iShares Edge MSCI Multifactor Global ETF | USD ($) 36 113 197 443
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 43% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI ACWI Diversified Multiple-Factor Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is designed to contain equity securities from the MSCI ACWI Index (the “Parent Index”) that have high exposure to four investment style factors – value, quality, momentum and low size – while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors.

MSCI, in selecting equity securities from the Parent Index, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors – value, quality, momentum and low size – is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest & taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward share price to earnings estimates)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the same country over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.

The Underlying Index consisted of securities from approximately 578 companies from 37 countries or regions as of July 31, 2019. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and technology industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this Prospectus), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Low Size Risk. The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (“low size companies”) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Model Risk. Neither the Fund nor BFA can offer assurances that the Index Provider’s model will result in the Fund meeting its investment objective. The Fund may underperform other funds that do not similarly invest.

Momentum Securities Risk. Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Quality Stocks Risk. Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock’s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Value Strategy Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 13.07%.
The best calendar quarter return during the periods shown above was 7.70% in the 1st quarter of 2017; the worst was -14.35% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI Multifactor Global ETF
One Year
Since Fund Inception
Inception Date
iShares Edge MSCI Multifactor Global ETF (12.79%) 2.62% Apr. 28, 2015
iShares Edge MSCI Multifactor Global ETF | Return After Taxes on Distributions [1] (13.19%) 2.22%  
iShares Edge MSCI Multifactor Global ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (7.27%) 2.06%  
MSCI ACWI Diversified Multiple-Factor Index (Index returns do not reflect deductions for fees, expenses, or taxes) (12.63%) 2.85%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 49 BarChart1.png IDEA: XBRL DOCUMENT begin 644 BarChart1.png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arChart39.png IDEA: XBRL DOCUMENT begin 644 BarChart39.png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htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares MSCI ACWI ex U.S. ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI ACWI ex U.S. ETF Ticker: ACWX                                 Stock Exchange: NASDAQ
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI ACWI ex U.S. ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization non-U.S. equities.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination November 30, 2021
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 15% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 15.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI ACWI ex USA Index (the “Underlying Index”), which is a free float-adjusted market capitalization-weighted index designed to measure the combined equity market performance of developed and emerging markets countries, excluding the U.S. The Underlying Index may include large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time. As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czechia, Denmark, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, New Zealand, Norway, Pakistan, Peru, the Philippines, Poland, Portugal, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Arab Emirates and the United Kingdom (the “U.K.”) (together, the “ACWI ex U.S. countries”).

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Custody Risk. Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 27.56% in the 2nd quarter of 2009; the worst was -20.23% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI ACWI ex U.S. ETF | iShares MSCI ACWI ex U.S. ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.32%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.02%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.34%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.02%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.32%
1 Year rr_ExpenseExampleYear01 $ 33
3 Years rr_ExpenseExampleYear03 105
5 Years rr_ExpenseExampleYear05 187
10 Years rr_ExpenseExampleYear10 $ 427
2009 rr_AnnualReturn2009 40.85%
2010 rr_AnnualReturn2010 9.63%
2011 rr_AnnualReturn2011 (14.01%)
2012 rr_AnnualReturn2012 16.29%
2013 rr_AnnualReturn2013 15.21%
2014 rr_AnnualReturn2014 (3.96%)
2015 rr_AnnualReturn2015 (5.72%)
2016 rr_AnnualReturn2016 4.32%
2017 rr_AnnualReturn2017 27.04%
2018 rr_AnnualReturn2018 (14.09%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 11.44%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 27.56%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (20.23%)
One Year rr_AverageAnnualReturnYear01 (14.09%)
Five Years rr_AverageAnnualReturnYear05 0.61%
Ten Years rr_AverageAnnualReturnYear10 6.25%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 26, 2008
iShares MSCI ACWI ex U.S. ETF | Return After Taxes on Distributions | iShares MSCI ACWI ex U.S. ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (14.44%) [3]
Five Years rr_AverageAnnualReturnYear05 0.14% [3]
Ten Years rr_AverageAnnualReturnYear10 5.87% [3]
iShares MSCI ACWI ex U.S. ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI ACWI ex U.S. ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (7.79%) [3]
Five Years rr_AverageAnnualReturnYear05 0.62% [3]
Ten Years rr_AverageAnnualReturnYear10 5.27% [3]
iShares MSCI ACWI ex U.S. ETF | MSCI ACWI ex USA Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (14.20%)
Five Years rr_AverageAnnualReturnYear05 0.68%
Ten Years rr_AverageAnnualReturnYear10 6.57%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 11.44%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 52 BarChart9.png IDEA: XBRL DOCUMENT begin 644 BarChart9.png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arChart31.png IDEA: XBRL DOCUMENT begin 644 BarChart31.png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arChart35.png IDEA: XBRL DOCUMENT begin 644 BarChart35.png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end XML 55 R26.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Core Growth Allocation ETF
iShares Core Growth Allocation ETF Ticker: AOR                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Core Growth Allocation ETF (the “Fund”) seeks to track the investment results of an index composed of a portfolio of underlying equity and fixed income funds intended to represent a growth allocation target risk strategy.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.  The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares Core Growth Allocation ETF | iShares Core Growth Allocation ETF 0.25% none none 0.06% 0.31% (0.06%) 0.25%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Core Growth Allocation ETF | iShares Core Growth Allocation ETF | USD ($) 26 87 162 381
Portfolio Turnover.
The Fund and the iShares funds in which the Fund invests (each, an “Underlying Fund” and collectively, the “Underlying Funds”), may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolio). A higher portfolio turnover rate for the Fund or Underlying Funds may indicate higher transaction costs and may cause the Fund or Underlying Funds to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to Underlying Funds included as part of Acquired Fund Fees and Expenses), affect the Fund's performance. To the extent an Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. During the most recent fiscal year, the Fund’s portfolio turnover rate was 4% of the average value of its portfolio.
Principal Investment Strategies
The Fund is a fund of funds and seeks to achieve its investment objective by investing primarily in Underlying Funds that themselves seek investment results corresponding to their own respective underlying indexes. The Underlying Funds invest primarily in distinct asset classes, such as large- or mid-capitalization U.S. or non-U.S. equity, the aggregate bond market (including USD-denominated bonds) or the U.S. Treasury bond market; each such asset class has its own risk profile.

The S&P Target Risk Growth Index (the “Underlying Index”) is composed of a portfolio of equity and fixed-income Underlying Funds and measures the performance of the S&P Dow Jones Indices LLC (the “Index Provider” or “SPDJI”) proprietary allocation model that is intended to represent a “growth” target risk allocation strategy as defined by SPDJI. The Underlying Index seeks to provide increased exposure to equities, while also using some fixed income exposure to dampen risk. SPDJI’s estimation of a growth target risk allocation may differ from your own.

The Fund is designed for investors seeking moderate capital appreciation and some opportunity for current income and capital preservation. As of July 31, 2019, the Underlying Index included a fixed allocation of 60% of its assets in Underlying Funds that invest primarily in equity securities and 40% of its assets in Underlying Funds that invest primarily in bonds. As of July 31, 2019, the Fund invested approximately 58.94% of its assets in Underlying Funds that invest primarily in equity securities, 40.93% of its assets in Underlying Funds that invest primarily in bonds and the remainder of its assets in Underlying Funds that invest primarily in money market instruments.

As of July 31, 2019, the Fund invested in the iShares Core International Aggregate Bond ETF, iShares Core MSCI Emerging Markets ETF, iShares Core MSCI International Developed Markets ETF, iShares Core S&P 500 ETF, iShares Core S&P Mid-Cap ETF, iShares Core S&P Small-Cap ETF, iShares Core Total USD Bond Market ETF and money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”). BFA may add, eliminate or replace any or all Underlying Funds at any time. As of July 31, 2019, a significant portion of the Underlying Index is represented by companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and an Underlying Fund may or may not hold all of the securities in the applicable Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is a product of SPDJI which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Funds), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Affiliated Fund Risk. In managing the Fund, BFA will have the ability to select Underlying Funds and substitute Underlying Funds with other exchange-traded funds (“ETFs”) that it believes will achieve the Fund’s objective. BFA may be subject to potential conflicts of interest in selecting Underlying Funds and substituting Underlying Funds with other ETFs because the fees paid to BFA by some Underlying Funds and other ETFs managed by BFA may be higher than the fees paid by other Underlying Funds. If an Underlying Fund or other ETF holds interests in an affiliated fund in excess of a certain amount, the Fund may be prohibited from purchasing shares of that Underlying Fund or other ETF.

Allocation Risk. The Fund’s ability to achieve its investment objective depends upon the Index Provider's ability to develop a model that accurately assesses the Fund’s asset class allocation and selects the best mix of Underlying Funds and other ETFs. There is a risk that the Index Provider's evaluations and assumptions regarding asset classes or Underlying Funds, which are utilized as inputs in the model, may be incorrect in view of actual market conditions.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or an Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk.  Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for ETFs, such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund or an Underlying Fund may “call” or repay the security before its stated maturity, and the Fund or an Underlying Fund may have to reinvest the proceeds in securities with lower yields, which would result in a decline in the Fund's income, or in securities with greater risks or with other less favorable features.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or an Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may be unable or unwilling to make timely interest and/or principal payments when due or otherwise honor their obligations. Changes in an issuer’s credit rating or the market’s perception of an issuer’s creditworthiness may also adversely affect the value of the Fund’s or an Underlying Fund's investment in that issuer. The degree of credit risk depends on an issuer's or counterparty's financial condition and on the terms of an obligation.

Currency Risk. Because the Fund's and the Underlying Funds' NAVs are determined in U.S. dollars, the Fund's NAV could decline if a currency of a non-U.S. market in which a Fund or an Underlying Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Funds, the Funds' or the Underlying Funds' adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Derivatives Risk. The Fund or an Underlying Fund may invest in certain types of derivatives contracts, including futures, options and swaps, which can be more sensitive to changes in interest rates or to sudden fluctuations in market prices than conventional securities, which can result in greater losses to the Fund.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. Certain Underlying Funds invest in common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s or an Underlying Fund's investments.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or an Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or an Underlying Fund's investments in the affected region.

High Portfolio Turnover Risk. High portfolio turnover (considered by the Fund and the Underlying Funds to mean higher than 100% annually) may result in increased transaction costs to the Fund or an Underlying Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” which may include those bonds rated below “BBB-” by Standard & Poor’s® Global Ratings, a subsidiary of S&P Global, Inc. (“S&P Global Ratings”) and Fitch Ratings, Inc. (“Fitch”) or “Baa3” by Moody's Investors Service, Inc. (“Moody's”)), or are unrated, may be deemed speculative, may involve greater levels of risk than higher-rated securities of similar maturity and may be more likely to default.

Income Risk. The Fund's income may decline if interest rates fall. This decline in income can occur because the Fund or an Underlying Fund may subsequently invest in lower-yielding bonds when bonds in its portfolio mature, are near maturity or are called, bonds in the Underlying Index are substituted, or the Fund or an Underlying Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Interest Rate Risk. An increase in interest rates may cause the value of securities held by the Fund or an Underlying Fund to decline, may lead to heightened volatility in the fixed-income markets and may adversely affect the liquidity of certain fixed-income investments. The historically low interest rate environment, together with recent modest rate increases, heightens the risks associated with rising interest rates.

Investment in Underlying Funds Risk. The Fund invests substantially all of its assets in the Underlying Funds, so the Fund’s investment performance is directly related to the performance of the Underlying Funds. The Fund’s NAV will change with changes in the value of the Underlying Funds and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Funds.

As the Underlying Funds, or the Fund’s allocations among the Underlying Funds, change from time to time, or to the extent that the total annual fund operating expenses of any Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund or an Underlying Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund or the Underlying Funds will not fully replicate their respective indexes, they are subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Funds could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Funds face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Model Risk. Neither the Fund nor BFA can offer assurances that the Underlying Index's allocation model will achieve its intended results or maximize returns or minimize risk, or be appropriate for every investor seeking a particular risk profile.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Funds trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or an Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or an Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or an Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or an Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund and the Underlying Funds are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Funds and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Funds are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Prepayment Risk. During periods of falling interest rates, issuers of certain debt obligations may repay principal prior to the security’s maturity, which may cause the Fund to have to reinvest in securities with lower yields or higher risk of default, resulting in a decline in the Fund’s income or return potential.

Reinvestment Risk. The Fund or an Underlying Fund may invest a portion of its assets in short-term fixed-income instruments and, as a result, may be adversely affected if interest rates fall because they may have to invest in lower-yielding bonds as bonds mature.

Reliance on Trading Partners Risk. The Fund and certain Underlying Funds invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s or an Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s or an Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund or the Underlying Funds has exposure.

Securities Lending Risk. The Fund or an Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Funds may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Funds could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund or an Underlying Fund.

Structural Risk. The countries in which the Fund or an Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund is expected to invest in the Underlying Funds, the Fund’s realized losses on sales of shares of an Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by an Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of an Underlying Fund, if any, would not offset net capital gains of the Fund.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of a fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in a fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because a fund incurs fees and expenses, while the Underlying Index does not. The Underlying Funds are also subject to tracking error risk in seeking to track their own performance of the applicable underlying indexes.

Treaty/Tax Risk. Certain of the Underlying Funds invest all of their assets that are invested in India in wholly owned subsidiaries located in the Republic of Mauritius (the “Subsidiaries”). These Underlying Funds and the Subsidiaries rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, an Underlying Fund may continue to invest in a Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.

Valuation Risk. The price the Fund or an Underlying Fund could receive upon the sale of a security or other asset may differ from the Fund's or the Underlying Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's or an Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or an Underlying Fund's shares. Authorized Participants who purchase or redeem shares of the Fund or an Underlying Fund on days when the Fund or an Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or an Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund’s or an Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 13.07%.
The best calendar quarter return during the periods shown above was 11.79% in the 3rd quarter of 2009; the worst was -9.44% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Core Growth Allocation ETF
One Year
Five Years
Ten Years
Inception Date
iShares Core Growth Allocation ETF (5.84%) 4.11% 7.76% Nov. 04, 2008
iShares Core Growth Allocation ETF | Return After Taxes on Distributions [1] (6.50%) 3.29% 7.05%  
iShares Core Growth Allocation ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (3.19%) 2.99% 6.12%  
S&P Target Risk Growth Index (Index returns do not reflect deductions for fees, expenses, or taxes) (5.69%) 4.21% 7.87%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.

XML 56 R167.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI Multifactor USA ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI MULTIFACTOR USA ETF Ticker: LRGF                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI Multifactor USA ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks that have favorable exposure to target style factors subject to constraints.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 45% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 45.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI USA Diversified Multiple-Factor Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is designed to select equity securities from the MSCI USA Index (the “Parent Index”) that have high exposure to four investment style factors – value, quality, momentum and low size – while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors.

MSCI, in selecting equity securities from the Parent Index, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors – value, quality, momentum and low size – is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest & taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward earnings estimates to share price)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the same country over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.

As of July 31, 2019, the Underlying Index consisted of securities from approximately 161 companies from the U.S. The Underlying Index may include large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Low Size Risk. The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (“low size companies”) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Model Risk. Neither the Fund nor BFA can offer assurances that the Index Provider’s model will result in the Fund meeting its investment objective. The Fund may underperform other funds that do not similarly invest.

Momentum Securities Risk. Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Quality Stocks Risk. Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock’s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Value Strategy Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 6.69% in the 4th quarter of 2017; the worst was -15.65% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI Multifactor USA ETF | iShares Edge MSCI Multifactor USA ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.20%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.20%
1 Year rr_ExpenseExampleYear01 $ 20
3 Years rr_ExpenseExampleYear03 64
5 Years rr_ExpenseExampleYear05 113
10 Years rr_ExpenseExampleYear10 $ 255
2016 rr_AnnualReturn2016 13.40%
2017 rr_AnnualReturn2017 21.26%
2018 rr_AnnualReturn2018 (9.79%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 16.31%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Dec. 31, 2017
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 6.69%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (15.65%)
One Year rr_AverageAnnualReturnYear01 (9.79%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.90%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 28, 2015
iShares Edge MSCI Multifactor USA ETF | Return After Taxes on Distributions | iShares Edge MSCI Multifactor USA ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (10.44%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.40% [3]
iShares Edge MSCI Multifactor USA ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI Multifactor USA ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (5.29%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.77% [3]
iShares Edge MSCI Multifactor USA ETF | MSCI USA Diversified Multiple-Factor Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (9.67%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 5.13%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 16.31%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 57 BarChart16.png IDEA: XBRL DOCUMENT begin 644 BarChart16.png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

.!I_Y=NG1)?*.FH:$!??KT<=QB [R01'VMI://_\ M\_#[_3CCC#/PX8.Q/CQXW'TZ%'TZM4+9YYYINHG+9P. M*:I%7'+))?C/?_X#(#K/<]^^?>C5JU>>:Y4=+[SP E:O7IWO:AAF[]Z]Z-*E M"P"@;=NV:-^^/8X=.Y;G6F6'>^;,F3/S70F16;9L&=:M6X>ZNCJTM+2@7[]^ M (!SSCD'JU:MPO;MV_'&&V]@Q(@1 L6)YKJX[6-0# ^^^_CW XC*%#A^:Q MAOIHU?_TTT_'DB5+\-577V'%BA4XZZRS-/NS3H GRAPHIC 58 BarChart12.png IDEA: XBRL DOCUMENT begin 644 BarChart12.png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end XML 59 R202.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Exponential Technologies ETF
iSHARES® EXPONENTIAL TECHNOLOGIES ETF Ticker: XT                                 Stock Exchange: NASDAQ
Investment Objective
The iShares Exponential Technologies ETF (the “Fund”) seeks to track the investment results of an index composed of stocks of developed and emerging market companies that create or use exponential technologies.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Exponential Technologies ETF | iShares Exponential Technologies ETF 0.47% none none [1] 0.47%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Exponential Technologies ETF | iShares Exponential Technologies ETF | USD ($) 48 151 263 591
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 21% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the Morningstar® Exponential Technologies IndexSM (the “Underlying Index”), which measures the performance of equity securities issued by companies that the Equity Research team of Morningstar, Inc. (the “Index Provider” or “Morningstar”) has determined are involved with the creation of groundbreaking technologies and/or that are users that apply such technologies within their businesses. Exponential technologies displace older technologies, create new markets and have the potential to effect significant economic impacts.

The Underlying Index is a subset of the Morningstar US Market Index and the Morningstar Global Markets ex-US Index family (the “Parent Indexes”). The eligible universe of securities in the Underlying Index must be in the Morningstar Global Equity Index family and covered by Morningstar’s Equity Research analysts. The Morningstar analysts perform fundamental research in order to score companies within the eligible universe along a three point scale based on exponential technology themes that Morningstar believes have the potential to have significant economic benefits to producers and users. As of July 31, 2019, Morningstar has identified nine exponential technology themes: big data and analytics, nanotechnology, medicine and neuroscience, networks and computer systems, energy and environmental systems, robotics, 3-D printing, bioinformatics, and financial services innovation. The themes are reviewed on an annual basis and may change over time. As a general matter, these themes focus on issuers that are either developing resources for others or are advanced in their own applications in the following areas: processing and capturing customer or other business-related data, and analyzing and leveraging that data to grow the business; engineering and technology applications focused on manipulation of matter on an atomic, molecular or supramolecular level; research in respect to developing medical areas, including the study of the nervous system; computer networks and systems; energy and environmental systems; robotics; three dimensional printing; leveraging new methods and software tools for understanding biological data; and innovative financial services.

Morningstar’s sector strategists, directors and selection committee review the scores assigned by the Morningstar analysts and may calibrate or revise the scores to ensure consistency in scoring across analysts, sectors, geographies and themes. Morningstar eliminates companies with average three-month trailing daily trading volume less than $2 million and/or float market capitalization of $300 million or less. It then ranks the remaining potential constituents in an order emphasizing exposure to the exponential technology themes, giving preference to current index constituents and also preferring smaller market capitalization companies over larger ones. Up to five leading companies within each theme are automatically included in the Underlying Index, with additional companies added until the Underlying Index has 200 constituents. The Underlying Index is equal weighted and is reconstituted and rebalanced annually.

The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the healthcare and technology industries or sectors. The components of the Underlying Index are likely to change over time. As of July 31, 2019, the Underlying Index consisted of securities from the following 23 countries or regions: Australia, Belgium, Brazil, Canada, Chile, China, Denmark, Finland, France, Germany, India, Italy, Japan, the Netherlands, Norway, Singapore, South Korea, Spain, Sweden, Switzerland, Taiwan, the United Kingdom (the “U.K.”) and the U.S.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by Morningstar which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Exponential Technologies Risk. Technologies perceived to displace older technologies or create new markets may not in fact do so. Companies that initially develop a novel technology may not be able to capitalize on the technology. Companies that develop exponential technologies may face political or legal attacks from competitors, industry groups or local and national governments. These companies may also be exposed to risks applicable to sectors other than the exponential technology theme for which they are chosen, and the securities issued by these companies may underperform the securities of other companies that are primarily focused on a particular theme. The Fund may invest in a company that does not currently derive any revenue from exponential technologies, and there is no assurance that a company will derive any revenue from exponential technologies in the future. An exponential technology may constitute a small portion of a company’s overall business. As a result, the success of an exponential technology may not affect the value of the equity securities issued by the company.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Healthcare Sector Risk. The profitability of companies in the healthcare sector may be affected by government regulations and government healthcare programs, increases or decreases in the cost of medical products and services, an increased emphasis on outpatient services, and product liability claims, among other factors. Many healthcare companies are heavily dependent on patent protection, and the expiration of a company’s patent may adversely affect that company’s profitability. Healthcare companies are subject to competitive forces that may result in price discounting, and may be thinly capitalized and susceptible to product obsolescence.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Thematic Investing Risk. The Fund relies on the Index Provider for the identification of securities for inclusion in the Underlying Index that reflect themes and sub-themes and its performance may suffer if such securities are not correctly identified or if a theme or sub-theme develops in an unexpected manner. Performance may also suffer if the stocks included in the Underlying Index do not benefit from the development of such themes or sub-themes. Performance may also be impacted by the inclusion of non-theme-relevant exposures in the Underlying Index. There is no guarantee that the Underlying Index will reflect the theme and sub-theme exposures intended.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 17.21%.
The best calendar quarter return during the periods shown above was 10.99% in the 1st quarter of 2017; the worst was -13.59% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Exponential Technologies ETF
One Year
Since Fund Inception
Inception Date
iShares Exponential Technologies ETF (4.63%) 8.79% Mar. 19, 2015
iShares Exponential Technologies ETF | Return After Taxes on Distributions [1] (4.93%) 8.44%  
iShares Exponential Technologies ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (2.50%) 6.84%  
Morningstar Exponential Technologies Index(Index returns do not reflect deductions for fees, expenses, or taxes) (4.41%) 9.02%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 60 R8.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares China Large-Cap ETF
iSHARES® CHINA LARGE-CAP ETF Ticker: FXI                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares China Large-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of large-capitalization Chinese equities that trade on the Hong Kong Stock Exchange.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares China Large-Cap ETF | iShares China Large-Cap ETF 0.74% none none [1] 0.74%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares China Large-Cap ETF | iShares China Large-Cap ETF | USD ($) 76 237 411 918
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 14% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the FTSE China 50 Index (the “Underlying Index”), which is designed to measure the performance of the largest companies in the Chinese equity market that trade on the Stock Exchange of Hong Kong (SEHK) and are available to international investors, as determined by FTSE International Limited (the “Index Provider” or “FTSE”). The Underlying Index consists of 50 of the largest and most liquid Chinese companies. Securities in the Underlying Index are weighted based on the total market value of their shares, so that securities with higher total market values generally have a higher representation in the Underlying Index. Each security in the Underlying Index is a current constituent of the FTSE All-World Index. Individual constituents are capped such that no individual company represents more than 9% of the Underlying Index and all companies that individually have a weight greater than 4.5% in aggregate represent no more than 38% of the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally invests at least 90% of its assets in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index. The Fund may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by FTSE, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Custody Risk. Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. Chinese financials sector regulation and ownership may be more intrusive than in the U.S. and other developed countries, especially with respect to the regulation of non-Chinese banks and other non-Chinese financial companies. Greater Chinese governmental involvement in the financials sector may pose additional risks for investors. Market conditions in China may be particularly subject to change based on government policy. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in China, which could adversely affect the economy or the business operations of companies in China, causing an adverse impact on the Fund's investments in China.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Nationalization Risk. Investments in China may be subject to loss due to expropriation or nationalization of assets and property or the imposition of restrictions on foreign investments and repatriation of capital.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments that track the value of Chinese issuers are subject to the risks associated with investing in China, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. China has privatized, or has begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in a country whose economy is heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in China. Investments in Chinese issuers subject the Fund to risks specific to China. Investments in certain Hong Kong-listed securities may also subject the Fund to exposure to Chinese companies. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the last few decades, the Chinese government has undertaken reform of economic and market practices and has expanded the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. China has experienced security concerns, such as terrorism and strained international relations. Additionally, China is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Chinese government or Chinese companies, may impact China’s economy and Chinese issuers of securities in which the Fund invests. Incidents involving China's or the region's security may cause uncertainty in Chinese markets and may adversely affect the Chinese economy and the Fund's investments. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of additional tariffs or other trade barriers (including as a result of heightened trade tensions between China and the U.S., or in response to actual or alleged Chinese cyber activity) or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.

Risk of Investing in Emerging Markets. The Fund's investments in China may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. INDEX ETFS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX ETFS THAT DO NOT TRACK SUCH INDICES.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Two total return versions of the Underlying Index are calculated by the Index Provider - the gross total return index, which is calculated including dividends with no tax withholding, and the net of tax total return index, which is calculated including dividends but withholds taxes based on the maximum withholding tax rates applicable to dividends received by non-resident investors. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 2.57%.
The best calendar quarter return during the periods shown above was 35.34% in the 2nd quarter of 2009; the worst was -24.86% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares China Large-Cap ETF
One Year
Five Years
Ten Years
Inception date
iShares China Large-Cap ETF (12.41%) 3.41% 5.76% Oct. 05, 2004
iShares China Large-Cap ETF | Return After Taxes on Distributions [1] (12.73%) 3.02% 5.49%  
iShares China Large-Cap ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (6.74%) 2.86% 4.90%  
FTSE China 50 Index (net of tax total return) (Index returns do not reflect deductions for fees, expenses, or income taxes) [2] (11.81%) 4.17% 6.62%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
[2] Index performance beginning on February 10, 2012 reflects net returns where dividends are reinvested into the Index net of withholding tax. Performance before this date reflects dividends being reinvested at gross.
XML 61 R293.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Robotics and Artificial Intelligence Multisector ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® ROBOTICS AND ARTIFICIAL INTELLIGENCE MULTISECTOR ETF Ticker: IRBO                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Robotics and Artificial Intelligence Multisector ETF (the “Fund”) seeks to track the investment results of an index composed of developed and emerging market companies that could benefit from the long-term growth and innovation in robotics technologies and artificial intelligence.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 35% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 35.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the NYSE® FactSet® Global Robotics and Artificial Intelligence IndexTM (the “Underlying Index”), which measures the performance of equity securities across multiple sectors, including information technology, communication, industrials, consumer discretionary and healthcare, issued by companies involved in robotics and artificial intelligence activities (as determined by ICE Data Indices, LLC (the “Index Provider” or “IDI”)).

The Underlying Index is composed of equity securities of companies primarily listed in one of 43 developed or emerging market countries that are the most involved in, or exposed to, (as determined by the Index Provider) one of the 22 robotics and artificial intelligence-related FactSet® Revere Business Industry Classification systems (“RBICS”) sub-industries. The Index Provider first conducts fundamental research to establish a universe of RBICS sectors that participate in providing robotics and/or artificial intelligence products and services, and that universe is further refined to include only the most relevant RBICS sub-sectors (as determined by the Index Provider) related to robotics and artificial intelligence activities (e.g., semiconductor manufacturing, software, internet and data services). The companies within these sub-sectors are then ranked based on the data and information in their public filings and disclosures (e.g., regulatory filings, earning transcripts, etc.) to arrive at the 22 most relevant RBICS sub-industries (as determined by RBICS) related to robotics and artificial intelligence activities, and the Underlying Index includes the companies that either (1) derive 50% of their revenues, or (2) have at least a 20% market share, or generate $1 billion or more in absolute annual revenues, from one of the 22 RBICS sub-industries with exposure to a robotics and artificial intelligence theme, as determined by the Index Provider. The Index Provider's methodology does not require that at least one company from each of the sub-industries be included in the Underlying Index. In addition, companies included in the Underlying Index may also operate business lines that generate revenue in other industries.

To be included in the Underlying Index, companies must also have a float-adjusted market capitalization of $500 million or greater, but existing constituents could remain in the Underlying Index if the company’s float-adjusted market capitalization is equal to or greater than $400 million. In addition, companies must have a three month average daily trading value (“ADTV”) of $2 million or greater, but existing constituents could remain in the Underlying Index if the company’s three-month ADTV is equal to or greater than $1.5 million. The component securities of the Underlying Index are equally weighted.

The Underlying Index will be reviewed and reconstituted annually in December each year. Constituent weights of the Underlying Index are rebalanced semi-annually.

As of July 31, 2019, the Underlying Index consisted of 86 issuers from the following 15 countries or regions: British Virgin Islands, Canada, Cayman Islands, France, Germany, Hong Kong, Ireland, Israel, Japan, Luxembourg, the Netherlands, South Korea, Taiwan, the United Kingdom (the “U.K.”) and the U.S. The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the industrials, semiconductor and technology industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by IDI which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Robotics & Artificial Intelligence Risk. Companies involved in, or exposed to, robotics and artificial intelligence-related businesses may have limited product lines, markets, financial resources or personnel. These companies face intense competition and potentially rapid product obsolescence, and many depend significantly on retaining and growing the consumer base of their respective products and services. Many of these companies are also reliant on the end-user demand of products and services in various industries that may in part utilize robotics and artificial intelligence. Further, many companies involved in, or exposed to, robotics and artificial intelligence-related businesses (as determined by the Index Provider) may be substantially exposed to the market and business risks of other industries or sectors, and the Fund may be adversely affected by negative developments impacting those companies, industries or sectors.

In addition, these companies are heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. There can be no assurance that companies involved in robotics and artificial intelligence will be able to successfully protect their intellectual property to prevent the misappropriation of their technology, or that competitors will not develop technology that is substantially similar or superior to such companies’ technology. Legal and regulatory changes, particularly related information privacy and data protection, may have an impact on a company’s products or services. Robotics and artificial intelligence companies typically engage in significant amounts of spending on research and development, and there is no guarantee that the products or services produced by these companies will be successful. Robotics and artificial intelligence companies, especially smaller companies, tend to be more volatile than companies that do not rely heavily on technology.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Semiconductor Industry Risk. Semiconductor companies may have limited product lines, markets, financial resources or personnel. Semiconductor companies typically face intense competition, potentially rapid product obsolescence and high capital costs. They are also heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. Semiconductor companies are also affected by the economic performance of their customers.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Thematic Investing Risk. The Fund relies on the Index Provider for the identification of securities for inclusion in the Underlying Index that reflect themes and sub-themes and its performance may suffer if such securities are not correctly identified or if a theme or sub-theme develops in an unexpected manner. Performance may also suffer if the stocks included in the Underlying Index do not benefit from the development of such themes or sub-themes. Performance may also be impacted by the inclusion of non-theme-relevant exposures in the Underlying Index. There is no guarantee that the Underlying Index will reflect the theme and sub-theme exposures intended.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock As of the date of this Prospectus, the Fund does not have a full calendar year of performance information to report.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of this Prospectus, the Fund does not have a full calendar year of performance information to report.
iShares Robotics and Artificial Intelligence Multisector ETF | iShares Robotics and Artificial Intelligence Multisector ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.47%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.47%
1 Year rr_ExpenseExampleYear01 $ 48
3 Years rr_ExpenseExampleYear03 151
5 Years rr_ExpenseExampleYear05 263
10 Years rr_ExpenseExampleYear10 $ 591
[1] The amount rounded to 0.00%.
XML 62 R297.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Self-Driving EV and Tech ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES SELF-DRIVING EV AND TECH ETF Ticker: IDRV                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Self-Driving EV and Tech ETF (the “Fund”) seeks to track the investment results of an index composed of developed and emerging market companies that may benefit from growth and innovation in and around electric vehicles, battery technologies and autonomous driving technologies.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. From inception, April 16, 2019, to the most recent fiscal year end, the Fund's portfolio turnover rate was 2% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 2.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the NYSE® FactSet® Global Autonomous Driving and Electric Vehicle IndexTM (the “Underlying Index”), which measures the performance of equity securities issued by companies that produce autonomous driving vehicles, electric vehicles, batteries for electric vehicles, or technologies related to such products. The determination of inclusion in the Underlying Index is made by ICE Data Indices, LLC, or its affiliates (the “Index Provider” or “IDI”).

The Underlying Index is composed of equity securities of companies listed in one of 43 developed or emerging market countries that derive a certain specified percentage of their revenue from selected autonomous or electric vehicle-related industries, as defined by IDI. In addition to categorizing companies by the amount of revenue generated in these industries, the Underlying Index also includes companies that have made public filings or have obtained certification by government entities related to their autonomous driving research and development programs. Companies in these autonomous or electric vehicle related industries include (i) autonomous and electric vehicle manufacturers, (ii) autonomous driving technology companies, (iii) electric vehicle battery producers, (iv) electric vehicle battery materials producers, and (v) electric vehicle charging components producers.

Based on the Index Provider’s methodology and as determined by the Index Provider, companies included in the Underlying Index are comprised of:

(1)(a) companies that generate 50% or more of their revenue from the manufacturing of autonomous or electric vehicles (pure player autonomous or electric vehicle manufacturers) and (b) motor vehicle manufacturers that participate in the manufacturing or development of autonomous or electric vehicles, either because they made public filings or have obtained certification by government entities related to their autonomous driving research and development programs (ancillary autonomous driving vehicle manufacturers), or they are customers to external electric battery suppliers and/or producer of electric batteries themselves (ancillary player electric vehicle manufacturers);

(2) companies that in the aggregate generate 50% or more of their revenue from 42 selected automotive value chain industries and are a supplier to at least one autonomous driving company (autonomous driving technologies companies);

(3) companies that generate 10% or more of their revenue from electric battery manufacturing and are a supplier to at least one autonomous and electric vehicle manufacturer (electric vehicle battery producers);

(4) companies that generate 10% or more of their revenue from two lithium-exposed chemical industries (electric vehicle battery materials producers); and

(5) companies that in the aggregate generate 50% or more of their revenue from 42 selected automotive value chain industries and are a supplier to at least one electric vehicle manufacturer (electric vehicle charging and components producers).

The component securities of the Underlying Index are weighted by float adjusted market capitalization with individual securities capped at 4%.

The Underlying Index will be reviewed and reconstituted annually in December each year. Constituent weights of the Underlying Index are rebalanced semi-annually. The Underlying Index may include large-, mid- or small-capitalization companies.

As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the automotive, industrials, semiconductor and technology industries or sectors. The components of the Underlying Index are likely to change over time. The Underlying Index includes technology companies that are involved in or exposed to, self-driving or electric vehicle-related industries. These companies may not be exclusively or substantially exposed to the information technology industry and may be classified in the communication services, consumer discretionary, industrials or materials industries or sectors.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by IDI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Automotive Sub-Industry Risk. The automotive sub-industry can be highly cyclical and companies in the automotive sub-industry may suffer periodic losses. Among other things, the automotive sub-industry is susceptible to labor disputes, economic downturns and increase in component and material prices. As a result, such risks, among others, may adversely affect the value of the Fund’s investments.

Autonomous Driving Sector Risk. Companies involved in, or exposed to, autonomous driving-related businesses may have limited product lines, markets, financial resources or personnel. Autonomous driving technology is a relatively new technology and is subject to risks associated with a developing industry. These risks include intense competition, delays or other complications in connection with production, rapid product obsolescence, increased government regulation and market volatility. As a new technology, any product defects, delays in the implementation of full autonomous driving or legal restrictions could have an adverse effect on the businesses of autonomous driving companies. Such companies may not be exclusively or substantially exposed to the autonomous driving sector, but may be substantially exposed to the market and business risks of other industries or sectors, and the Fund may be adversely affected by negative developments impacting those companies, industries or sectors.

In addition, these companies may be adversely affected by loss or impairment of intellectual property rights. There can be no assurance that companies involved in autonomous driving technology will be able to successfully protect their intellectual property to prevent the misappropriation of their technology, or that competitors will not develop technology that is substantially similar or superior to such companies’ technology. Autonomous driving companies typically engage in significant amounts of spending on research and development, and there is no guarantee that the products or services produced by these companies will be successful. These companies are also susceptible to litigation based on product liability claims and can be significantly affected by insurance costs. In addition, autonomous driving companies may not maintain as much insurance coverage as other types of companies and any insurance coverage may not be sufficient to cover all losses or claims.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Cyclical Industry Risk. Consumer cyclical companies rely heavily on business cycles and economic conditions. Consumer cyclical companies may be adversely affected by domestic and international economic downturns, changes in exchange and interest rates, competition, consumers’ disposable income and preferences, social trends and marketing campaigns.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Electric Vehicles Sector Risk. Companies involved in, or exposed to, electric vehicles-related businesses may have limited product lines, markets, financial resources or personnel. Electric vehicle technology is a relatively new technology and is subject to risks associated with a developing industry. These risks include intense competition, delays or other complications in connection with production, rapid product obsolescence, increased government regulation and market volatility. Many companies involved in, or exposed to, electric vehicles-related businesses depend significantly on retaining and growing the consumer base of their products and services. Such companies may not be exclusively or substantially exposed to the electric vehicles sector, but may be substantially exposed to the market and business risks of other industries or sectors, and the Fund may be adversely affected by negative developments impacting those companies, industries or sectors. Electric vehicle companies currently benefit from certain government subsidiaries, policies and economic incentives, which may be reduced or eliminated in the future.

In addition, these companies may be adversely affected by loss or impairment of intellectual property rights. There can be no assurance that companies involved in electric vehicle technology will be able to successfully protect their intellectual property to prevent the misappropriation of their technology, or that competitors will not develop technology that is substantially similar or superior to such companies’ technology. Electric vehicle companies typically engage in significant amounts of spending on research and development, and there is no guarantee that the products or services produced by these companies will be successful. These companies are also susceptible to litigation based on product liability claims and can be significantly affected by insurance costs. In addition, electric vehicle companies may not maintain as much insurance coverage as other types of companies and any insurance coverage may not be sufficient to cover all losses or claims.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Semiconductor Industry Risk. Semiconductor companies may have limited product lines, markets, financial resources or personnel. Semiconductor companies typically face intense competition, potentially rapid product obsolescence and high capital costs. They are also heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. Semiconductor companies are also affected by the economic performance of their customers.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Thematic Investing Risk. The Fund relies on the Index Provider for the identification of securities for inclusion in the Underlying Index that reflect themes and sub-themes and its performance may suffer if such securities are not correctly identified or if a theme or sub-theme develops in an unexpected manner. Performance may also suffer if the stocks included in the Underlying Index do not benefit from the development of such themes or sub-themes. Performance may also be impacted by the inclusion of non-theme-relevant exposures in the Underlying Index. There is no guarantee that the Underlying Index will reflect the theme and sub-theme exposures intended.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. INDEX ETFs THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX ETFs THAT DO NOT TRACK SUCH INDICES.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
iShares Self-Driving EV and Tech ETF | iShares Self-Driving EV and Tech ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.47%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.47%
1 Year rr_ExpenseExampleYear01 $ 48
3 Years rr_ExpenseExampleYear03 $ 151
[1] The amount rounded to 0.00%.
XML 63 R102.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI Intl Size Factor ETF
iSHARES® EDGE MSCI INTL SIZE FACTOR ETF Ticker: ISZE                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Edge MSCI Intl Size Factor ETF (the “Fund”) seeks to track the investment results of an index composed of international developed large- and mid-capitalization stocks with relatively smaller average market capitalization.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Edge MSCI Intl Size Factor ETF | iShares Edge MSCI Intl Size Factor ETF 0.30% none none [1] 0.30%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI Intl Size Factor ETF | iShares Edge MSCI Intl Size Factor ETF | USD ($) 31 97 169 381
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 26% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI World ex USA Low Size Index (the “Underlying Index”), which is based on a traditional market capitalization-weighted parent index, the MSCI World ex USA Index (the “Parent Index”). The Parent Index includes international large- and mid-capitalization stocks, as defined by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is constructed by applying a mathematical formula at each rebalancing that reweights the components of its market capitalization-weighted Parent Index, such that the representation of smaller capitalization companies is increased relative to larger capitalization companies. In addition, at each rebalancing, the Index Provider calculates a “constraint factor” for each component. The constraint factor is the ratio of the component’s weight in the Underlying Index to that component’s weight in the Parent Index. The constraint factor is held constant between each rebalancing, except in the case of corporate events (as defined by the Index Provider). Changes in the relative weight of an individual component in the Parent Index due to market appreciation/depreciation result in that component increasing/decreasing in weight in the Underlying Index to hold the constraint factor for that component constant between each rebalancing. The Underlying Index is rebalanced semi-annually. As of July 31, 2019, there are 1,012 component securities in the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and industrials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index), and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Low Size Risk. The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (“low size companies”) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 11.53%.
The best calendar quarter return during the periods shown above was 7.24% in the 1st quarter of 2017; the worst was -12.02% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI Intl Size Factor ETF
One Year
Since Fund Inception
Inception Date
iShares Edge MSCI Intl Size Factor ETF (12.84%) 1.64% Jun. 16, 2015
iShares Edge MSCI Intl Size Factor ETF | Return After Taxes on Distributions [1] (13.26%) 1.06%  
iShares Edge MSCI Intl Size Factor ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (6.99%) 1.40%  
MSCI World ex USA Risk Weighted Index (Index returns do not reflect deductions for fees, expenses, or taxes) [2] (12.26%) 1.94%  
MSCI World ex USA Low Size Index (Index returns do not reflect deductions for fees, expenses, or taxes) [2]  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
[2] On December 3, 2018, the Fund’s Underlying Index changed from the MSCI World ex USA Risk Weighted Index to the MSCI World ex USA Low Size Index, consistent with the change in the Fund's principal investment strategies to track the investment results of the MSCI World ex USA Low Size Index. The inception date of the MSCI World ex USA Low Size Index was September 11, 2018.
XML 64 R43.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Core MSCI EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® CORE MSCI EAFE ETF Ticker: IEFA                                 Stock Exchange: Cboe BZX
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Core MSCI EAFE ETF (the “Fund”) seeks to track the investment results of an index composed of large-, mid- and small-capitalization developed market equities, excluding the U.S. and Canada.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 3% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 3.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The expense information in the table has been restated to reflect current fees.
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI EAFE IMI Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) as an equity benchmark for international stock performance. The Underlying Index is designed to measure large-, mid- and small-capitalization equity market performance and includes stocks from Europe, Australasia and the Far East and, as of July 31, 2019, consisted of securities from the following 21 developed market countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and industrials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. The Fund that seeks to track an index that contains a large number of securities may experience a higher level of tracking error than a more narrow index.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 12.04% in the 3rd quarter of 2013; the worst was -13.03% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Core MSCI EAFE ETF | iShares Core MSCI EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.07% [1]
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none [1]
Other Expenses rr_OtherExpensesOverAssets none [1],[2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.07% [1]
1 Year rr_ExpenseExampleYear01 $ 7
3 Years rr_ExpenseExampleYear03 23
5 Years rr_ExpenseExampleYear05 40
10 Years rr_ExpenseExampleYear10 $ 90
2013 rr_AnnualReturn2013 23.73%
2014 rr_AnnualReturn2014 (4.82%)
2015 rr_AnnualReturn2015 0.53%
2016 rr_AnnualReturn2016 1.37%
2017 rr_AnnualReturn2017 26.42%
2018 rr_AnnualReturn2018 (14.20%) [3]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 12.94%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 12.04%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (13.03%)
One Year rr_AverageAnnualReturnYear01 (14.20%)
Five Years rr_AverageAnnualReturnYear05 1.02%
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.84%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 18, 2012
iShares Core MSCI EAFE ETF | Return After Taxes on Distributions | iShares Core MSCI EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (14.72%) [4]
Five Years rr_AverageAnnualReturnYear05 0.44% [4]
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.26% [4]
iShares Core MSCI EAFE ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Core MSCI EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (7.76%) [4]
Five Years rr_AverageAnnualReturnYear05 0.89% [4]
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.88% [4]
iShares Core MSCI EAFE ETF | MSCI EAFE IMI Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (14.40%)
Five Years rr_AverageAnnualReturnYear05 0.86%
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.68%
[1] The expense information in the table has been restated to reflect current fees.
[2] The amount rounded to 0.00%.
[3] The Fund’s year-to-date return as of September 30, 2019 was 12.94%.
[4] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 65 R68.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Currency Hedged MSCI ACWI ex U.S. ETF
iSHARES® CURRENCY HEDGED MSCI ACWI ex U.S. ETF Ticker: HAWX                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Currency Hedged MSCI ACWI ex U.S. ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization developed and emerging equities, excluding the U.S., while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees so that the Fund’s total annual fund operating expenses after fee waiver is equal to the Acquired Fund Fees and Expenses attributable to the Fund’s investment in the iShares MSCI ACWI ex U.S. ETF (“ACWX” or the “Underlying Fund”), after taking into account any fee waivers by ACWX, plus 0.03% through November 30, 2020. The contractual waiver may be terminated prior to November 30, 2020 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares Currency Hedged MSCI ACWI ex U.S. ETF | iShares Currency Hedged MSCI ACWI ex U.S. ETF 0.38% none none 0.32% 0.70% (0.35%) 0.35%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Currency Hedged MSCI ACWI ex U.S. ETF | iShares Currency Hedged MSCI ACWI ex U.S. ETF | USD ($) 36 188 355 837
Portfolio Turnover.
The Fund and the Underlying Fund in which the Fund principally invests, the iShares MSCI ACWI ex U.S. ETF, may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolios). A higher portfolio turnover rate for the Fund or the Underlying Fund may indicate higher transaction costs and may cause the Fund or the Underlying Fund to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to the Underlying Fund included as part of Acquired Fund Fees and Expenses), affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 7% of the average value of its portfolio. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI ACWI ex USA 100% Hedged to USD Index (the “Underlying Index”), an equity benchmark for developed and emerging markets equity stock market performance, excluding the U.S., which attempts to mitigate exposure to the currency risk inherent in certain securities included in the Underlying Index by hedging to the U.S. dollar. The Underlying Index consisted of securities of companies in 48 countries or regions as of July 31, 2019. The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

The Fund seeks to achieve its investment objective by investing a substantial portion of its assets in the Underlying Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund and the Underlying Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities or other instruments comprising an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and the Underlying Fund may or may not hold all of the securities and other components of the applicable underlying index.

The Fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the Underlying Fund) and other instruments of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Components of the Underlying Index include equity securities and currency forward contracts (both deliverable and nondeliverable) designed to hedge non-U.S. currency fluctuations against the U.S. dollar. The notional exposure to currency forward contracts (both deliverable and nondeliverable) generally will be a short position that hedges the currency risk of the equity portfolio. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The index is 100% hedged to the U.S. dollar by selling each foreign non-U.S. dollar currency forward at the one-month Forward weight in order to create a “hedge” against fluctuations in the relative value of the non-U.S. dollar component currencies in relation to the U.S. dollar. A currency forward contract is an over-the-counter (“OTC”) contract between two parties to buy or sell a specified amount of a specific currency in the future at an agreed-upon exchange rate. The hedge is reset monthly by MSCI and is not adjusted intra-month based on movement in the value of the component equity securities and/or currencies. The Underlying Index may therefore be slightly “over-hedged” (if equity values decline) or “under-hedged” (if the equity values increase) between the month-end rebalances. The Underlying Index is designed to have higher returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are weakening relative to the U.S. dollar and appreciation in some of the non- U.S. dollar component currencies does not exceed the aggregate depreciation of the others. Conversely, the Underlying Index is designed to have lower returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are rising relative to the U.S. dollar.

In order to track the “hedging” component of the Underlying Index, the Fund intends to enter into currency forward contracts as described above. While this approach is designed to minimize the impact of currency fluctuations on Fund returns, it does not necessarily eliminate the Fund’s exposure to the non-U.S. dollar component currencies. The return of the currency forward contracts may not perfectly offset the actual fluctuations in value between the non-U.S. dollar component currencies and the U.S. dollar.

The Fund may also use non-deliverable forward (“NDF”) contracts to execute its hedging transactions. An NDF is a contract where there is no physical settlement of two currencies at maturity. Rather, based on the movement of the currencies and the contractually agreed-upon exchange rate, a net cash settlement will be made by one party to the other in U.S. dollars.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities and currency forwards in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Fund), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or the Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or the Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Hedging Risk. When a derivative is used as a hedge against a position that the Fund or the Underlying Fund holds, any loss generated by the derivative generally should be substantially offset by gains on the hedged investment, and vice versa. While hedging can reduce or eliminate losses, it can also reduce or eliminate gains. Hedges are sometimes subject to imperfect matching between the derivative and its reference asset, and there can be no assurance that the Fund’s hedging transactions will be effective. In seeking to track the “hedging” component of the Underlying Index, the Fund invests in currency forward contracts (which may include both physically-settled forward contracts and NDFs) designed to hedge the currency exposure of non-U.S. dollar denominated securities held in its portfolio (directly or indirectly through its investment in the Underlying Fund). NDFs may be less liquid than deliverable currency forward contracts and require the Fund to post variation margin to the counterparty, which can increase costs for the Fund. A lack of liquidity in NDFs of the hedged currency could result in the Fund being unable to structure its hedging transactions as intended. In addition, BFA may seek to limit the size of the Fund in order to attempt to reduce the likelihood of a situation where the Fund is unable to obtain sufficient liquidity in an underlying currency hedge to implement its investment objective.

Currency forward contracts, including NDFs, do not eliminate movements in the value of non-U.S. currencies and securities but rather allow the Fund to establish a fixed rate of exchange for a future point in time. Exchange rates may be volatile and may change quickly and unpredictably in response to both global economic developments and economic conditions in a geographic region in which the Fund or the Underlying Fund invests. In addition, in order to minimize transaction costs, or for other reasons, the Fund’s exposure to the non-U.S. dollar component currencies may not be fully hedged at all times. At certain times, the Fund may use an optimized hedging strategy and will hedge a smaller number of non-U.S. dollar component currencies to reduce hedging costs. In addition, because the Fund’s currency hedge is reset on a monthly basis, currency risk can develop or increase intra-month. Furthermore, while the Fund is designed to hedge against currency fluctuations, it is possible that a degree of currency exposure may remain even at the time a hedging transaction is implemented. As a result, the Fund may not be able to structure its hedging transactions as anticipated or its hedging transactions may not successfully reduce the currency risk included in the Fund’s portfolio. Because currency forwards are over-the-counter instruments, the Fund is subject to counterparty risk as well as market or liquidity risk with respect to the hedging transactions the Fund enters into. Currency hedging activity exposes the Fund to credit risk due to counterparty exposure. This risk will be higher to the extent that the Fund trades with a single counterparty or small number of counterparties.

The effectiveness of the Fund’s currency hedging strategy will in general be affected by the volatility of both the Underlying Index and the volatility of the U.S. dollar relative to the currencies to be hedged, measured on an aggregate basis. Increased volatility in either or both of the Underlying Index and the U.S. dollar relative to the currencies to be hedged will generally reduce the effectiveness of the Fund’s currency hedging strategy. In addition, volatility in one or more of the currencies may offset stability in another currency and reduce the overall effectiveness of the hedges. The effectiveness of the Fund’s currency hedging strategy may also in general be affected by interest rates. Significant differences between U.S. dollar interest rates and some or all of the applicable foreign currency interest rates may impact the effectiveness of the Fund’s currency hedging strategy.

Currency Risk. Because the Fund's and the Underlying Fund's NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of one or more of the non-U.S. markets in which the Fund or the Underlying Fund invests depreciates against the U.S. dollar and the depreciation of one currency is not offset by appreciation in another currency and/or the Fund's attempt to hedge currency exposure to the depreciating currency or currencies is unsuccessful. Generally, an increase in the value of the U.S. dollar against the non-U.S. dollar component currencies will reduce the value of a security denominated in such currencies, as applicable. In addition, fluctuations in the exchange rates of currencies could affect the economy or particular business operations of companies in a geographic region, including securities in which the Fund or the Underlying Fund invests, causing an adverse impact on the Fund’s or the Underlying Fund’s investments in the affected region and the U.S. As a result, investors have the potential for losses regardless of the length of time they intend to hold Fund shares. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Custody Risk. Less developed securities markets are more likely than more developed securities markets to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Fund, the Fund's or the Underlying Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or the issuers of securities in which the Fund or the Underlying Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or issuers of securities in which the Fund or the Underlying Fund invests.

Derivatives Risk. The Fund will use currency forwards and NDFs to hedge the currency exposure resulting from investments in the foreign currency-denominated securities held by the Fund or the Underlying Fund. The Fund’s or the Underlying Fund's use of these instruments, like investments in other derivatives, may reduce the Fund’s or the Underlying Fund's returns, increase volatility and/or result in losses due to credit risk or ineffective hedging strategies. Volatility is defined as the characteristic of a security, a currency, an index or a market, to fluctuate significantly in price within a defined time period. Currency forwards, like other derivatives, are also subject to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. A risk of the Fund’s or the Underlying Fund's use of derivatives is that the fluctuations in their values may not correlate perfectly with the value of the currency or currencies being hedged as compared to that of the U.S. dollar. The possible lack of a liquid secondary market for derivatives and the resulting inability of the Fund or the Underlying Fund to sell or otherwise close a derivatives position could expose the Fund or the Underlying Fund to losses and could make derivatives more difficult for the Fund or the Underlying Fund to value accurately. The Fund or the Underlying Fund could also suffer losses related to its derivatives positions as a result of unanticipated market movements, which losses are potentially unlimited. BFA’s use of derivatives is not intended to predict the direction of securities prices, currency exchange rates, interest rates and other economic factors, which could cause the Fund’s derivatives positions to lose value. Derivatives may give rise to a form of leverage and may expose the Fund or the Underlying Fund to greater risk and increase its costs. Regulatory requirements may make derivatives more costly, may limit the availability of derivatives, and may delay or restrict the exercise of remedies by the Fund upon a counterparty default under derivatives held by the Fund (which could result in losses), remedies or termination rights by the Fund, and may otherwise adversely affect the value and performance of derivatives.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or the Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or the Underlying Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Investment in Underlying Fund Risk. The Fund expects to invest a substantial portion of its assets in the Underlying Fund, so the Fund’s investment performance is likely to be directly related to the performance of the Underlying Fund. The Fund’s NAV will change with changes in the value of the Underlying Fund and other instruments in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Fund, including as a result of the currency hedging activity conducted by the Fund.

As the Fund’s allocation to the Underlying Fund changes from time to time, or to the extent that the total annual fund operating expenses of the Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities and other instruments to which the Fund and the Underlying Fund have exposure. Changes in the financial condition or credit rating of an issuer of those securities or counterparty on other instruments may cause the value of the securities or instruments to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Fund face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, losses due to ineffective currency hedges, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S AND THE UNDERLYING FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or the Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or the Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or the Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or the Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund and the Underlying Fund are specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund and the Underlying Fund are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s or the Underlying Fund's service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Fund are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund or the Underlying Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund and the Underlying Fund invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund and the Underlying Fund are specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s and the Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s or the Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Emerging Markets. The Fund's or the Underlying Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund or the Underlying Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Securities Lending Risk. The Fund and the Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund or the Underlying Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's or the Underlying Fund's investments.

Structural Risk. The countries in which the Fund or the Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund invests in the Underlying Fund, the Fund’s realized losses on sales of shares of the Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by the Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of the Underlying Fund, if any, would not offset net capital gains of the Fund. Each of these effects is caused by the Fund’s investment in the Underlying Fund and may result in distributions to Fund shareholders being of higher magnitude and less likely to qualify for lower capital gain tax rates than if the Fund were to invest directly in the securities and other instruments comprising the Underlying Index. The Fund invests in derivatives. The federal income tax treatment of a derivative may not be as favorable as a direct investment in an underlying asset. Derivatives may produce taxable income and taxable realized gain. Derivatives may adversely affect the timing, character and amount of income the Fund realizes from its investments. As a result, a larger portion of the Fund’s distributions may be treated as ordinary income rather than as capital gains. In addition, certain derivatives are subject to mark-to-market or straddle provisions of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”). If such provisions are applicable, there could be an increase (or decrease) in the amount of taxable dividends paid by the Fund. Income from swaps is generally taxable. In addition, the tax treatment of certain derivatives, such as swaps, is unsettled and may be subject to future legislation, regulation or administrative pronouncements issued by the U.S. Internal Revenue Service (“IRS”).

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities (including shares of the Underlying Fund) and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund’s valuation of a security at the time of calculation of the Fund’s NAV), transaction and hedging costs incurred and forward rates achieved by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or other distributions, interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index and the cost to the Fund of complying with various new or existing regulatory requirements. These risks may be heightened during times of increased market volatility or other unusual market conditions in the affected securities and/or foreign exchange markets. In addition, tracking error may result because the Fund incurs fees and expenses, while the Underlying Index does not, and because the Fund accepts creations and redemptions during time periods between which it is able to adjust its currency hedges, whereas the Underlying Index does not adjust its hedging during these periods. To the extent that the Fund seeks its investment objective through investments in the Underlying Fund, the Fund may experience increased tracking error as compared to investing directly in the component securities of the Underlying Index. The potential for increased tracking error may result from investments in the Underlying Fund due to, among other things, differences in the composition of the investment portfolio of the Underlying Fund as compared to the index tracked by the Underlying Fund and differences in the timing of the Fund’s valuation of: (i) the Underlying Fund and the currency forward contracts (each valued as of the close of the New York Stock Exchange (“NYSE”), typically 4:00 p.m., Eastern Time), (ii) the valuation of the securities in the Underlying Index (generally valued as of each security’s local market close) and (iii) the currency forward contracts included in the Underlying Index (generally valued at 4:00 p.m., London time).

Valuation Risk. The price the Fund and the Underlying Fund could receive upon the sale of a security or unwind of a financial instrument or other asset may differ from the Fund's or the Underlying Fund's valuation of the security, instrument or other asset and from the value used by the Underlying Index, particularly for securities or other instruments that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other instruments in the Fund's or the Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or the Underlying Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund or the Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or the Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund’s or the Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 15.52%.
The best calendar quarter return during the periods shown above was 5.85% in the 3rd quarter of 2016; the worst was -10.22% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Currency Hedged MSCI ACWI ex U.S. ETF
One Year
Since Fund Inception
Inception Date
iShares Currency Hedged MSCI ACWI ex U.S. ETF (9.18%) 2.51% Jun. 29, 2015
iShares Currency Hedged MSCI ACWI ex U.S. ETF | Return After Taxes on Distributions [1] (9.56%) 1.76%  
iShares Currency Hedged MSCI ACWI ex U.S. ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (4.91%) 1.93%  
MSCI ACWI ex USA 100% Hedged to USD Index (Index returns do not reflect deductions for fees, expenses, or taxes) (9.26%) 2.52%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 66 R125.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI Min Vol Europe ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI MIN VOL EUROPE ETF Ticker: EUMV                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI Min Vol Europe ETF (the “Fund”) seeks to track the investment results of an index composed of European developed market equities that, in the aggregate, have lower volatility characteristics relative to the broader European developed equity markets.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 23% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 23.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Europe Minimum Volatility (USD) Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) to measure the performance of European developed market equity securities that, in the aggregate, have lower volatility characteristics relative to the large- and mid-cap European developed equity market. In constructing the Underlying Index, MSCI uses a rules-based methodology to select securities from the MSCI Europe Index (the “Parent Index”), which is a capitalization-weighted index, and to determine the weightings of such securities in the Underlying Index. Under the rules-based methodology, securities and weightings of the Underlying Index are established based on pre-established parameters and discretionary factors are not relied on.

Generally, the rules-based methodology includes specified requirements for security eligibility, maximum and minimum weightings by security and, in some cases, by sector and country, established rules relating to handling of special dividends and other distributions and treatment of corporate events. In order to determine weightings by security within the Underlying Index, MSCI seeks to construct a portfolio of lowest absolute volatility, as measured by MSCI, using its multi-factor risk model. The portfolio is then further refined by an optimization tool that aims to determine the lowest absolute volatility based on the projected “riskiness” of securities in the Parent Index while applying constraints based on established minimum and maximum weightings of index constituents and sectors as well as factor constraints (for example, liquidity and financial leverage) as measured by MSCI.

As of July 31, 2019, the Underlying Index consisted of securities from the following 14 developed market countries or regions: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Spain, Sweden, Switzerland, and the United Kingdom (the “U.K.”). The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the consumer staples and financials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Staples Sector Risk. The consumer staples sector may be affected by, among other things, marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Europe. The Fund is more exposed to the economic and political risks of Europe and of the European countries in which it invests than funds whose investments are more geographically diversified. Adverse economic and political events in Europe may cause the Fund’s investments to decline in value. The economies and markets of European countries are often closely connected and interdependent, and events in one country in Europe can have an adverse impact on other European countries. The Fund makes investments in securities of issuers that are domiciled in, or have significant operations in, member states of the European Union (the “EU”) that are subject to economic and monetary controls that can adversely affect the Fund’s investments. The European financial markets have experienced volatility and adverse trends in recent years and these events have adversely affected the exchange rate of the euro and may continue to significantly affect other European countries.

Risk of Investing in Switzerland. Investments in Swiss issuers may subject the Fund to legal, regulatory, political, currency, security, and economic risks specific to Switzerland. International trade is a large component of the Swiss economy and Switzerland depends upon exports to generate economic growth. The Swiss economy relies on certain key trading partners in order to sustain continued economic growth. Switzerland's economic growth generally mirrors slowdowns and growth spurts experienced in other countries, including the U.S. and certain Western European countries.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the EU (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Volatility Risk. Although the Underlying Index was created by the Index Provider to seek lower volatility than the Parent Index and the Fund's name reflects the name of the Underlying Index as provided by the Index Provider, there is no guarantee that the Index Provider will be successful in creating an index that minimizes volatility, and there is a risk that the Fund may experience more than minimum volatility. Securities in the Fund's portfolio may be subject to price volatility, and the prices may not be any less volatile than the market as a whole, and could be more volatile.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 8.69% in the 2nd quarter of 2017; the worst was -8.95% in the 4th quarter of 2018 .

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI Min Vol Europe ETF | iShares Edge MSCI Min Vol Europe ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.25%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.25%
1 Year rr_ExpenseExampleYear01 $ 26
3 Years rr_ExpenseExampleYear03 80
5 Years rr_ExpenseExampleYear05 141
10 Years rr_ExpenseExampleYear10 $ 318
2015 rr_AnnualReturn2015 4.26%
2016 rr_AnnualReturn2016 (6.78%)
2017 rr_AnnualReturn2017 22.83%
2018 rr_AnnualReturn2018 (7.84%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 14.64%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2017
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 8.69%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (8.95%)
One Year rr_AverageAnnualReturnYear01 (7.84%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 0.71%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 03, 2014
iShares Edge MSCI Min Vol Europe ETF | Return After Taxes on Distributions | iShares Edge MSCI Min Vol Europe ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (8.20%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 0.23% [3]
iShares Edge MSCI Min Vol Europe ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI Min Vol Europe ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (3.92%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 0.72% [3]
iShares Edge MSCI Min Vol Europe ETF | MSCI Europe Minimum Volatility (USD) Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (7.92%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 0.76%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 14.64%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 67 R248.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares MSCI EAFE ETF
iSHARES® MSCI EAFE ETF Ticker: EFA                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares MSCI EAFE ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization developed market equities, excluding the U.S. and Canada.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI EAFE ETF | iShares MSCI EAFE ETF 0.32% none none [1] 0.32%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares MSCI EAFE ETF | iShares MSCI EAFE ETF | USD ($) 33 103 180 406
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 4% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI EAFE Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) to measure the equity market performance of developed markets outside of the U.S. and Canada. The Underlying Index includes stocks from Europe, Australasia and the Far East and, as of July 31, 2019, consisted of securities from the following 21 developed market countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally invests at least 90% of its assets in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index. The Fund may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 12.80%.
The best calendar quarter return during the periods shown above was 25.45% in the 2nd quarter of 2009; the worst was -18.98% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares MSCI EAFE ETF
One Year
Five Years
Ten Years
Inception Date
iShares MSCI EAFE ETF (13.83%) 0.45% 6.20% Aug. 14, 2001
iShares MSCI EAFE ETF | Return After Taxes on Distributions [1] (14.28%) (0.09%) 5.76%  
iShares MSCI EAFE ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (7.50%) 0.52% 5.23%  
MSCI EAFE Index (Index returns do not reflect deductions for fees, expenses, or taxes) (13.79%) 0.53% 6.32%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 68 R90.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI Intl Momentum Factor ETF
iSHARES® EDGE MSCI INTL MOMENTUM FACTOR ETF Ticker: IMTM                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Edge MSCI Intl Momentum Factor ETF (the “Fund”) seeks to track the investment results of an index that measures the performance of international developed large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Edge MSCI Intl Momentum Factor ETF | iShares Edge MSCI Intl Momentum Factor ETF 0.30% none none [1] 0.30%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI Intl Momentum Factor ETF | iShares Edge MSCI Intl Momentum Factor ETF | USD ($) 31 97 169 381
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 105% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI World ex USA Momentum Index (the “Underlying Index”), which consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI World ex USA Index (the “Parent Index”), as determined by MSCI Inc. (the “Index Provider” or “MSCI”). The Parent Index includes equity securities in the top 85% of equity market capitalization in developed market countries, as defined by the Index Provider, excluding the U.S. The Underlying Index is designed to reflect the performance of an equity momentum strategy that emphasizes stocks with high price momentum, while maintaining reasonably high trading liquidity, investment capacity and moderate index turnover. A risk-adjusted price momentum, defined by MSCI as the excess return over the risk-free rate divided by the annualized standard deviation of weekly returns over the past three years, is calculated for each security in the Parent Index over 6- and 12-month time periods. The 6- and 12-month risk-adjusted price momentum calculations are then standardized at +/- 3 standard deviations and translated into an average momentum score. The weight of each Underlying Index constituent is determined by multiplying the security’s momentum score by its market capitalization-weight in the Parent Index. Additionally, each individual issuer is capped at 5%. MSCI uses an algorithm to determine the number of components in the Underlying Index based on the number of constituents in the Parent Index. The number of components is evaluated semi-annually.

As of July 31, 2019, the Underlying Index consisted of securities from 299 companies in the following 22 countries or regions: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index includes large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the consumer staples industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Staples Sector Risk. The consumer staples sector may be affected by, among other things, marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

High Portfolio Turnover Risk. High portfolio turnover (considered by the Fund to mean higher than 100% annually) may result in increased transaction costs to the Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Momentum Securities Risk. Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 15.99%.
The best calendar quarter return during the periods shown above was 7.46% in the 3rd quarter of 2017; the worst was -15.16% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI Intl Momentum Factor ETF
One Year
Since Fund Inception
Inception Date
iShares Edge MSCI Intl Momentum Factor ETF (13.97%) 2.23% Jan. 13, 2015
iShares Edge MSCI Intl Momentum Factor ETF | Return After Taxes on Distributions [1] (14.25%) 1.85%  
iShares Edge MSCI Intl Momentum Factor ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (7.75%) 1.85%  
MSCI World ex USA Momentum Index (Index returns do not reflect deductions for fees, expenses, or taxes) (13.74%) 2.55%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 69 R56.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Core MSCI Pacific ETF
iSHARES® CORE MSCI PACIFIC ETF Ticker: IPAC                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Core MSCI Pacific ETF (the “Fund”) seeks to track the investment results of an index composed of large-, mid- and small-capitalization Pacific region equities.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Core MSCI Pacific ETF | iShares Core MSCI Pacific ETF [1] 0.09% none none [2] 0.09%
[1] The expense information in the table has been restated to reflect current fees.
[2] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Core MSCI Pacific ETF | iShares Core MSCI Pacific ETF | USD ($) 9 29 51 115
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 5% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Pacific IMI (the “Underlying Index”), a free float-adjusted market capitalization-weighted index which consists of securities from the following five countries or regions: Australia, Hong Kong, Japan, New Zealand and Singapore. The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and industrials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Commodity Risk. The Fund’s investments in certain companies, especially resource extraction and production companies, are sensitive to fluctuations in certain commodity markets, and changes in those markets may cause the Fund’s portfolio to lose value.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Interdependence Risk. Many of the Pacific region economies are intertwined, and it is not uncommon for many of the countries to be in recession at the same time.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Lack of Natural Resources Risk. Certain economies to which the Fund may be exposed have few natural resources. Any fluctuation or shortage in the commodity markets could have a negative impact on those economies.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and Australasian Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, Australasian Economic Risk, European Economic Risk, Interdependence Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 11.50%.
The best calendar quarter return during the periods shown above was 8.85% in the 4th quarter of 2015; the worst was -12.71% in the 3rd quarter of 2015.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Core MSCI Pacific ETF
One Year
Since Fund Inception
Inception Date
iShares Core MSCI Pacific ETF (12.38%) 3.09% Jun. 10, 2014
iShares Core MSCI Pacific ETF | Return After Taxes on Distributions [1] (12.91%) 2.43%  
iShares Core MSCI Pacific ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (6.85%) 2.34%  
MSCI Pacific IMI (Index returns do not reflect deductions for fees, expenses, or taxes) (12.71%) 3.04%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 70 R113.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI Intl Value Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI INTL VALUE FACTOR ETF Ticker: IVLU                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI Intl Value Factor ETF (the “Fund”) seeks to track the investment results of an index composed of international developed large- and mid-capitalization stocks with value characteristics and relatively lower valuations.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 20% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 20.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI World ex USA Enhanced Value Index (the “Underlying Index”), which is based on a traditional market capitalization-weighted parent index, the MSCI World ex USA Index (the “Parent Index”). The Parent Index includes equity securities in the top 85% of equity market capitalization in developed market countries, as defined by the Index Provider, excluding the U.S. The Underlying Index is designed to represent the performance of securities that exhibit higher value style characteristics relative to their peers within the corresponding Global Industry Classification Standard (GICS®) sector. The value style characteristics for index construction are defined by MSCI Inc. (the “Index Provider” or “MSCI”) using three accounting variables based on publicly reported financial data: price-to-book value, price-to-forward earnings and enterprise value-to-cash flow from operations. The Index Provider calculates a “value score” based on these three variables. MSCI assigns weights by multiplying a component's value score by its market capitalization. Weights in the Underlying Index are next normalized so that sectors in the Underlying Index represent the same weight as in the Parent Index. MSCI uses an algorithm to determine the number of components in the Underlying Index based on the number of constituents in the Parent Index. The number of components is evaluated semi-annually.

As of July 31, 2019, the Underlying Index consisted of securities from 350 companies in the following 20 countries or regions: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, Norway, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index includes large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences  (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Value Securities Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in creating an index that emphasizes undervalued securities. Value securities have generally performed better than non-value securities during periods of economic recovery (although there is no assurance that they will continue to do so). Value securities may go in and out of favor over time.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 8.61% in the 3rd quarter of 2016; the worst was -12.64% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI Intl Value Factor ETF | iShares Edge MSCI Intl Value Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.30%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.30%
1 Year rr_ExpenseExampleYear01 $ 31
3 Years rr_ExpenseExampleYear03 97
5 Years rr_ExpenseExampleYear05 169
10 Years rr_ExpenseExampleYear10 $ 381
2016 rr_AnnualReturn2016 3.12%
2017 rr_AnnualReturn2017 23.10%
2018 rr_AnnualReturn2018 (14.72%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 6.08%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2016
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 8.61%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (12.64%)
One Year rr_AverageAnnualReturnYear01 (14.72%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (0.64%)
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 16, 2015
iShares Edge MSCI Intl Value Factor ETF | Return After Taxes on Distributions | iShares Edge MSCI Intl Value Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (15.08%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception (1.12%) [3]
iShares Edge MSCI Intl Value Factor ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI Intl Value Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (8.13%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception (0.35%) [3]
iShares Edge MSCI Intl Value Factor ETF | MSCI World ex USA Enhanced Value Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (14.71%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (0.62%)
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 6.08%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 71 R272.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares MSCI Europe Financials ETF
iSHARES® MSCI EUROPE FINANCIALS ETF Ticker: EUFN                                 Stock Exchange: NASDAQ
Investment Objective
The iShares MSCI Europe Financials ETF (the “Fund”) seeks to track the investment results of an index composed of developed market European equities in the financials sector.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI Europe Financials ETF | iShares MSCI Europe Financials ETF 0.48% none none [1] 0.48%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares MSCI Europe Financials ETF | iShares MSCI Europe Financials ETF | USD ($) 49 154 269 604
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 5% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Europe Financials Index (the “Underlying Index”), which is a free float-adjusted market capitalization-weighted index designed to measure the combined equity market performance of the financials sector of developed market countries in Europe, as defined by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index may include large- or mid-capitalization companies.

As of July 31, 2019, the Underlying Index consisted of securities from the following countries: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”) (together, the “Europe financials sector countries”). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Dividend Risk. There is no guarantee that issuers of the stocks held by the Fund will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Europe. The Fund is more exposed to the economic and political risks of Europe and of the European countries in which it invests than funds whose investments are more geographically diversified. Adverse economic and political events in Europe may cause the Fund’s investments to decline in value. The economies and markets of European countries are often closely connected and interdependent, and events in one country in Europe can have an adverse impact on other European countries. The Fund makes investments in securities of issuers that are domiciled in, or have significant operations in, member states of the European Union (the “EU”) that are subject to economic and monetary controls that can adversely affect the Fund’s investments. The European financial markets have experienced volatility and adverse trends in recent years and these events have adversely affected the exchange rate of the euro and may continue to significantly affect other European countries.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the EU (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 7.74%.
The best calendar quarter return during the periods shown above was 18.07% in the 1st quarter of 2012; the worst was -30.66% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares MSCI Europe Financials ETF
One Year
Five Years
Since Fund Inception
Inception Date
iShares MSCI Europe Financials ETF (23.18%) (3.70%) (0.42%) Jan. 20, 2010
iShares MSCI Europe Financials ETF | Return After Taxes on Distributions [1] (23.88%) (4.33%) (0.91%)  
iShares MSCI Europe Financials ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (12.52%) (2.44%) (0.02%)  
MSCI Europe Financials Index (Index returns do not reflect deductions for fees, expenses, or taxes) (23.13%) (3.51%) (0.24%)  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 72 R259.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares MSCI EAFE Growth ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI EAFE GROWTH ETF Ticker: EFG                                 Stock Exchange: Cboe BZX
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI EAFE Growth ETF (the “Fund”) seeks to track the investment results of an index composed of developed market equities, excluding the U.S. and Canada, that exhibit growth characteristics.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 22% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 22.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI EAFE Growth Index (the “Underlying Index”), which is a subset of the MSCI EAFE Index. The MSCI EAFE Index has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) to measure the equity market performance of developed markets outside of the U.S. and Canada.

Constituents of the Underlying Index include securities of companies located in Europe, Australasia and the Far East. The Underlying Index generally represents approximately 50% of the free float-adjusted market capitalization of the MSCI EAFE Index and consists of those securities classified by MSCI as most representing the growth style. Securities classified in this style generally tend to have higher growth characteristics (i.e., higher long-term forward earnings-per-share (“EPS”) growth rate, short-term forward EPS growth rate, current internal growth rate and long-term historical EPS growth trend and long-term historical sales per share growth trend). MSCI uses a specialized framework to attribute both value and growth style characteristics to each security within the MSCI EAFE Index. Each security is evaluated based on certain value factors and growth factors, which are then used to calculate a value score and a growth score. Based upon these two scores, MSCI determines the extent to which each security is assigned to the value or growth style. It is possible for a single security to have representation in both the value and growth style indexes; however, no more than 100% of a security’s float-adjusted market capitalization will be included within the combined style framework. The Underlying Index may include large- or mid-capitalization companies.

As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the consumer staples, healthcare and industrials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally invests at least 90% of its assets in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index. The Fund may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Staples Sector Risk. The consumer staples sector may be affected by, among other things, marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Growth Securities Risk. The Fund invests in growth securities, which may be more volatile than other types of investments, may perform differently than the market as a whole and may underperform when compared to securities with different investment parameters. Under certain market conditions, growth securities have performed better during the later stages of economic recovery (although there is no guarantee that they will continue to do so). Therefore, growth securities may go in and out of favor over time.

Healthcare Sector Risk. The profitability of companies in the healthcare sector may be affected by government regulations and government healthcare programs, increases or decreases in the cost of medical products and services, an increased emphasis on outpatient services, and product liability claims, among other factors. Many healthcare companies are heavily dependent on patent protection, and the expiration of a company’s patent may adversely affect that company’s profitability. Healthcare companies are subject to competitive forces that may result in price discounting, and may be thinly capitalized and susceptible to product obsolescence.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 21.30% in the 2nd quarter of 2009; the worst was -18.98% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI EAFE Growth ETF | iShares MSCI EAFE Growth ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.40%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.40%
1 Year rr_ExpenseExampleYear01 $ 41
3 Years rr_ExpenseExampleYear03 128
5 Years rr_ExpenseExampleYear05 224
10 Years rr_ExpenseExampleYear10 $ 505
2009 rr_AnnualReturn2009 29.17%
2010 rr_AnnualReturn2010 11.92%
2011 rr_AnnualReturn2011 (12.28%)
2012 rr_AnnualReturn2012 16.54%
2013 rr_AnnualReturn2013 22.15%
2014 rr_AnnualReturn2014 (4.65%)
2015 rr_AnnualReturn2015 3.74%
2016 rr_AnnualReturn2016 (3.34%)
2017 rr_AnnualReturn2017 28.50%
2018 rr_AnnualReturn2018 (13.02%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 17.80%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 21.30%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (18.98%)
One Year rr_AverageAnnualReturnYear01 (13.02%)
Five Years rr_AverageAnnualReturnYear05 1.34%
Ten Years rr_AverageAnnualReturnYear10 6.79%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 01, 2005
iShares MSCI EAFE Growth ETF | Return After Taxes on Distributions | iShares MSCI EAFE Growth ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (13.27%) [3]
Five Years rr_AverageAnnualReturnYear05 1.03% [3]
Ten Years rr_AverageAnnualReturnYear10 6.52% [3]
iShares MSCI EAFE Growth ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI EAFE Growth ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (7.28%) [3]
Five Years rr_AverageAnnualReturnYear05 1.17% [3]
Ten Years rr_AverageAnnualReturnYear10 5.68% [3]
iShares MSCI EAFE Growth ETF | MSCI EAFE Growth Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (12.83%)
Five Years rr_AverageAnnualReturnYear05 1.62%
Ten Years rr_AverageAnnualReturnYear10 7.07%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 17.80%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 73 R85.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Currency Hedged MSCI EAFE Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® CURRENCY HEDGED MSCI EAFE SMALL-CAP ETF Ticker: HSCZ                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Currency Hedged MSCI EAFE Small-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of small capitalization developed market equities, excluding the U.S. and Canada, while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees so that the Fund’s total annual fund operating expenses after fee waiver is equal to the Acquired Fund Fees and Expenses attributable to the Fund’s investment in the iShares MSCI EAFE Small-Cap ETF (“SCZ” or the “Underlying Fund”), after taking into account any fee waivers by SCZ, plus 0.03% through November 30, 2020. The contractual waiver may be terminated prior to November 30, 2020 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination November 30, 2020
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund and the Underlying Fund in which the Fund principally invests, the iShares MSCI EAFE Small-Cap ETF, may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolios). A higher portfolio turnover rate for the Fund or the Underlying Fund may indicate higher transaction costs and may cause the Fund or the Underlying Fund to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to the Underlying Fund included as part of Acquired Fund Fees and Expenses), affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 10% of the average value of its portfolio. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 10.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI EAFE Small Cap 100% Hedged to USD Index (the “Underlying Index”), an equity benchmark which represents the performance of international small-cap stocks, which attempts to mitigate exposure to the currency risk inherent in certain securities included in the Underlying Index by hedging to the U.S. dollar. As of July 31, 2019, the Underlying Index consisted of securities from the following 21 developed market countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). Under MSCI’s Global Investable Market Index Methodology, the small-cap universe consists of securities of those companies not included in the large-cap or mid-cap segments of a particular market, which together comprise approximately 85% of each market’s free float-adjusted market capitalization. The small-cap segment covers the 85%-99% range of each market’s free float-adjusted market capitalization. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the industrials industry or sector. The components of the Underlying Index are likely to change over time.

The Fund seeks to achieve its investment objective by investing a substantial portion of its assets in the Underlying Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund and the Underlying Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities or other instruments comprising an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and the Underlying Fund may or may not hold all of the securities and other components of the applicable underlying index.

The Fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the Underlying Fund) and other instruments of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Components of the Underlying Index include equity securities and currency forward contracts (both deliverable and nondeliverable) designed to hedge non-U.S. currency fluctuations against the U.S. dollar. The notional exposure to currency forward contracts (both deliverable and nondeliverable) generally will be a short position that hedges the currency risk of the equity portfolio. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The index is 100% hedged to the U.S. dollar by selling each foreign non-U.S. dollar currency forward at the one-month Forward weight in order to create a “hedge” against fluctuations in the relative value of the non-U.S. dollar component currencies in relation to the U.S. dollar. A currency forward contract is an over-the-counter (“OTC”) contract between two parties to buy or sell a specified amount of a specific currency in the future at an agreed-upon exchange rate. The hedge is reset monthly by MSCI and is not adjusted intra-month based on movement in the value of the component equity securities and/or currencies. The Underlying Index may therefore be slightly “over-hedged” (if equity values decline) or “under-hedged” (if the equity values increase) between the month-end rebalances. The Underlying Index is designed to have higher returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are weakening relative to the U.S. dollar and appreciation in some of the non- U.S. dollar component currencies does not exceed the aggregate depreciation of the others. Conversely, the Underlying Index is designed to have lower returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are rising relative to the U.S. dollar.

In order to track the “hedging” component of the Underlying Index, the Fund intends to enter into currency forward contracts as described above. While this approach is designed to minimize the impact of currency fluctuations on Fund returns, it does not necessarily eliminate the Fund’s exposure to the non-U.S. dollar component currencies. The return of the currency forward contracts may not perfectly offset the actual fluctuations in value between the non-U.S. dollar component currencies and the U.S. dollar.

The Fund may also use non-deliverable forward (“NDF”) contracts to execute its hedging transactions. An NDF is a contract where there is no physical settlement of two currencies at maturity. Rather, based on the movement of the currencies and the contractually agreed-upon exchange rate, a net cash settlement will be made by one party to the other in U.S. dollars.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities and currency forwards in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Fund), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or the Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this Prospectus), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or the Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Hedging Risk. When a derivative is used as a hedge against a position that the Fund or the Underlying Fund holds, any loss generated by the derivative generally should be substantially offset by gains on the hedged investment, and vice versa. While hedging can reduce or eliminate losses, it can also reduce or eliminate gains. Hedges are sometimes subject to imperfect matching between the derivative and its reference asset, and there can be no assurance that the Fund’s hedging transactions will be effective.

In seeking to track the “hedging” component of the Underlying Index, the Fund invests in currency forward contracts (which may include both physically-settled forward contracts and NDFs) designed to hedge the currency exposure of non-U.S. dollar denominated securities held in its portfolio (directly or indirectly through its investment in the Underlying Fund). NDFs may be less liquid than deliverable currency forward contracts and require the Fund to post variation margin to the counterparty, which can increase costs for the Fund. A lack of liquidity in NDFs of the hedged currency could result in the Fund being unable to structure its hedging transactions as intended. In addition, BFA may seek to limit the size of the Fund in order to attempt to reduce the likelihood of a situation where the Fund is unable to obtain sufficient liquidity in an underlying currency hedge to implement its investment objective.

Currency forward contracts, including NDFs, do not eliminate movements in the value of non-U.S. currencies and securities but rather allow the Fund to establish a fixed rate of exchange for a future point in time. Exchange rates may be volatile and may change quickly and unpredictably in response to both global economic developments and economic conditions in a geographic region in which the Fund or the Underlying Fund invests. In addition, in order to minimize transaction costs, or for other reasons, the Fund’s exposure to the non-U.S. dollar component currencies may not be fully hedged at all times. At certain times, the Fund may use an optimized hedging strategy and will hedge a smaller number of non-U.S. dollar component currencies to reduce hedging costs. In addition, because the Fund’s currency hedge is reset on a monthly basis, currency risk can develop or increase intra-month. Furthermore, while the Fund is designed to hedge against currency fluctuations, it is possible that a degree of currency exposure may remain even at the time a hedging transaction is implemented. As a result, the Fund may not be able to structure its hedging transactions as anticipated or its hedging transactions may not successfully reduce the currency risk included in the Fund’s portfolio. Because currency forwards are over-the-counter instruments, the Fund is subject to counterparty risk as well as market or liquidity risk with respect to the hedging transactions the Fund enters into. Currency hedging activity exposes the Fund to credit risk due to counterparty exposure. This risk will be higher to the extent that the Fund trades with a single counterparty or small number of counterparties.

The effectiveness of the Fund’s currency hedging strategy will in general be affected by the volatility of both the Underlying Index and the volatility of the U.S. dollar relative to the currencies to be hedged, measured on an aggregate basis. Increased volatility in either or both of the Underlying Index and the U.S. dollar relative to the currencies to be hedged will generally reduce the effectiveness of the Fund’s currency hedging strategy. In addition, volatility in one or more of the currencies may offset stability in another currency and reduce the overall effectiveness of the hedges. The effectiveness of the Fund’s currency hedging strategy may also in general be affected by interest rates. Significant differences between U.S. dollar interest rates and some or all of the applicable foreign currency interest rates may impact the effectiveness of the Fund’s currency hedging strategy.

Currency Risk. Because the Fund's and the Underlying Fund's NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of one or more of the non-U.S. markets in which the Fund or the Underlying Fund invests depreciates against the U.S. dollar and the depreciation of one currency is not offset by appreciation in another currency and/or the Fund's attempt to hedge currency exposure to the depreciating currency or currencies is unsuccessful. Generally, an increase in the value of the U.S. dollar against the non-U.S. dollar component currencies will reduce the value of a security denominated in such currencies, as applicable. In addition, fluctuations in the exchange rates of currencies could affect the economy or particular business operations of companies in a geographic region, including securities in which the Fund or the Underlying Fund invests, causing an adverse impact on the Fund’s or the Underlying Fund’s investments in the affected region and the U.S. As a result, investors have the potential for losses regardless of the length of time they intend to hold Fund shares. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Fund, the Fund's or the Underlying Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or the issuers of securities in which the Fund or the Underlying Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or issuers of securities in which the Fund or the Underlying Fund invests.

Derivatives Risk. The Fund will use currency forwards and NDFs to hedge the currency exposure resulting from investments in the foreign currency-denominated securities held by the Fund or the Underlying Fund. The Fund’s or the Underlying Fund's use of these instruments, like investments in other derivatives, may reduce the Fund’s or the Underlying Fund's returns, increase volatility and/or result in losses due to credit risk or ineffective hedging strategies. Volatility is defined as the characteristic of a security, a currency, an index or a market, to fluctuate significantly in price within a defined time period. Currency forwards, like other derivatives, are also subject to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. A risk of the Fund’s or the Underlying Fund's use of derivatives is that the fluctuations in their values may not correlate perfectly with the value of the currency or currencies being hedged as compared to that of the U.S. dollar. The possible lack of a liquid secondary market for derivatives and the resulting inability of the Fund or the Underlying Fund to sell or otherwise close a derivatives position could expose the Fund or the Underlying Fund to losses and could make derivatives more difficult for the Fund or the Underlying Fund to value accurately. The Fund or the Underlying Fund could also suffer losses related to its derivatives positions as a result of unanticipated market movements, which losses are potentially unlimited. BFA’s use of derivatives is not intended to predict the direction of securities prices, currency exchange rates, interest rates and other economic factors, which could cause the Fund’s derivatives positions to lose value. Derivatives may give rise to a form of leverage and may expose the Fund or the Underlying Fund to greater risk and increase its costs. Regulatory requirements may make derivatives more costly, may limit the availability of derivatives, and may delay or restrict the exercise of remedies by the Fund upon a counterparty default under derivatives held by the Fund (which could result in losses), remedies or termination rights by the Fund, and may otherwise adversely affect the value and performance of derivatives.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or the Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or the Underlying Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Investment in Underlying Fund Risk. The Fund expects to invest a substantial portion of its assets in the Underlying Fund, so the Fund’s investment performance is likely to be directly related to the performance of the Underlying Fund. The Fund’s NAV will change with changes in the value of the Underlying Fund and other instruments in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Fund, including as a result of the currency hedging activity conducted by the Fund.

As the Fund’s allocation to the Underlying Fund changes from time to time, or to the extent that the total annual fund operating expenses of the Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities and other instruments to which the Fund and the Underlying Fund have exposure. Changes in the financial condition or credit rating of an issuer of those securities or counterparty on other instruments may cause the value of the securities or instruments to decline.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Fund face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, losses due to ineffective currency hedges, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S AND THE UNDERLYING FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or the Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or the Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or the Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or the Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund and the Underlying Fund are specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund and the Underlying Fund are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s or the Underlying Fund's service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Fund are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund and the Underlying Fund invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund and the Underlying Fund are specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s or the Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s or the Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund or the Underlying Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund and the Underlying Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the European Union (the “EU”) (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund and the Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Structural Risk. The countries in which the Fund or the Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund invests in the Underlying Fund, the Fund’s realized losses on sales of shares of the Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by the Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of the Underlying Fund, if any, would not offset net capital gains of the Fund. Each of these effects is caused by the Fund’s investment in the Underlying Fund and may result in distributions to Fund shareholders being of higher magnitude and less likely to qualify for lower capital gain tax rates than if the Fund were to invest directly in the securities and other instruments comprising the Underlying Index. The Fund invests in derivatives. The federal income tax treatment of a derivative may not be as favorable as a direct investment in an underlying asset. Derivatives may produce taxable income and taxable realized gain. Derivatives may adversely affect the timing, character and amount of income the Fund realizes from its investments. As a result, a larger portion of the Fund’s distributions may be treated as ordinary income rather than as capital gains. In addition, certain derivatives are subject to mark-to-market or straddle provisions of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”). If such provisions are applicable, there could be an increase (or decrease) in the amount of taxable dividends paid by the Fund. Income from swaps is generally taxable. In addition, the tax treatment of certain derivatives, such as swaps, is unsettled and may be subject to future legislation, regulation or administrative pronouncements issued by the U.S. Internal Revenue Service (“IRS”).

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities (including shares of the Underlying Fund) and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund’s valuation of a security at the time of calculation of the Fund’s NAV), transaction and hedging costs incurred and forward rates achieved by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or other distributions, interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index and the cost to the Fund of complying with various new or existing regulatory requirements. These risks may be heightened during times of increased market volatility or other unusual market conditions in the affected securities and/or foreign exchange markets. In addition, tracking error may result because the Fund incurs fees and expenses, while the Underlying Index does not, and because the Fund accepts creations and redemptions during time periods between which it is able to adjust its currency hedges, whereas the Underlying Index does not adjust its hedging during these periods. To the extent that the Fund seeks its investment objective through investments in the Underlying Fund, the Fund may experience increased tracking error as compared to investing directly in the component securities of the Underlying Index. The potential for increased tracking error may result from investments in the Underlying Fund due to, among other things, differences in the composition of the investment portfolio of the Underlying Fund as compared to the index tracked by the Underlying Fund and differences in the timing of the Fund’s valuation of: (i) the Underlying Fund and the currency forward contracts (each valued as of the close of the New York Stock Exchange (“NYSE”), typically 4:00 p.m., Eastern Time), (ii) the valuation of the securities in the Underlying Index (generally valued as of each security’s local market close) and (iii) the currency forward contracts included in the Underlying Index (generally valued at 4:00 p.m., London time).

Valuation Risk. The price the Fund and the Underlying Fund could receive upon the sale of a security or unwind of a financial instrument or other asset may differ from the Fund's or the Underlying Fund's valuation of the security, instrument or other asset and from the value used by the Underlying Index, particularly for securities or other instruments that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other instruments in the Fund's or the Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or the Underlying Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund or the Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or the Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund’s or the Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 8.17% in the 3rd quarter of 2016; the worst was -15.23% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Currency Hedged MSCI EAFE Small-Cap ETF | iShares Currency Hedged MSCI EAFE Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.43%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.40%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.83%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.40%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.43%
1 Year rr_ExpenseExampleYear01 $ 44
3 Years rr_ExpenseExampleYear03 224
5 Years rr_ExpenseExampleYear05 421
10 Years rr_ExpenseExampleYear10 $ 988
2016 rr_AnnualReturn2016 7.51%
2017 rr_AnnualReturn2017 24.33%
2018 rr_AnnualReturn2018 (13.55%) [1]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 17.16%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2016
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 8.17%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (15.23%)
One Year rr_AverageAnnualReturnYear01 (13.55%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.77%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 29, 2015
iShares Currency Hedged MSCI EAFE Small-Cap ETF | Return After Taxes on Distributions | iShares Currency Hedged MSCI EAFE Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (14.90%) [2]
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.74% [2]
iShares Currency Hedged MSCI EAFE Small-Cap ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Currency Hedged MSCI EAFE Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (7.34%) [2]
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.54% [2]
iShares Currency Hedged MSCI EAFE Small-Cap ETF | MSCI EAFE Small Cap 100% Hedged to USD Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (13.55%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.80%
[1] The Fund’s year-to-date return as of September 30, 2019 was 17.16%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 74 BarChart41.png IDEA: XBRL DOCUMENT begin 644 BarChart41.png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
XML 76 R89.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Cybersecurity and Tech ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® CYBERSECURITY AND TECH ETF Ticker: IHAK                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Cybersecurity and Tech ETF (the “Fund”) seeks to track the investment results of an index composed of developed and emerging market companies that are involved in cyber security and technology, including cyber security hardware, software, products, and services.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. From inception, June 11, 2019, to the most recent fiscal year end, the Fund's portfolio turnover rate was 8% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 8.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the NYSE® FactSet® Global Cyber Security IndexTM (the “Underlying Index”), which measures the performance of equity securities issued by companies involved in cyber security and technology, including cyber security hardware, software, products, and services (as determined by ICE Data Indices, LLC (the “Index Provider” or “IDI”)). The Underlying Index is composed of equity securities of companies primarily listed in one of 43 developed or emerging market countries that are the most involved in, or exposed to, (as determined by the Index Provider) a cyber hardware or cyber software and services FactSet® Revere Business Industry Classification systems (“RBICS”) sub-industry. As of July 31, 2019, there are 39 companies included in the Underlying Index. 9 of these companies are located in foreign countries, 7 of which are located in non-U.S. developed markets and 2 of which are located in emerging markets.

The Index Provider first conducts fundamental research to establish a universe of RBICS sectors that participate in providing cyber hardware or cyber software and services, and that universe is further refined to include only the most relevant RBICS sub-sectors (as determined by the Index Provider) related to cyber hardware or cyber software activities (e.g., customer premises network security equipment producers, network security software providers, and aerospace and defense IT service providers). In constructing the Underlying Index, the Index Provider maps a universe of the most liquid and publicly-traded companies based on their primary lines of business. The Index Provider uses revenues as the key factor in determining a company’s primary line of business, by mapping a company to the sub-industry from which it derives 50% or more of its revenues. The companies within these sub-sectors are then ranked based on the data and information in their public filings and disclosures (e.g., regulatory filings, earning transcripts, etc.) to arrive at a group of the most relevant RBICS sub-industries (as determined by RBICS) related to cyber hardware or cyber software activities, and the Underlying Index includes the companies that derive 50% or more of their revenue from a RBICS sub-industry with exposure to the cyber hardware or cyber software and services theme, as determined by the Index Provider.

The Index Provider’s methodology does not require that at least one company from each of the sub-industries be included in the Underlying Index. In addition, companies included in the Underlying Index may also operate business lines that generate revenue in other industries. To be included in the Underlying Index, companies must also have a float-adjusted market capitalization of $300 million or greater, but existing constituents could remain in the Underlying Index if the company's float-adjusted market capitalization is equal to or greater than $225 million. In addition, companies must have a three month average daily trading value (“ADTV”) of $2 million or greater, but existing constituents could remain in the Underlying Index if the company’s three-month ADTV is equal to or greater than $1.5 million.

The Underlying Index is reconstituted annually, rebalanced semi-annually and weighted by float-adjusted market capitalization with individual constituents capped at 4% of the index. The Underlying Index may include large-, mid- or small-capitalization companies.

As of July 31, 2019 a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by IDI or its affiliates which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Risk of Breach. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Risk of Investing in Cyber Security Companies. Cyber security companies are companies that provide products and services intended to protect the integrity of data and network operations for private and public networks, computers and mobile devices. Like other types of technology and industrials companies, cybersecurity companies are generally subject to the risks of rapidly changing technologies, short product life cycles, fierce competition, aggressive pricing and reduced profit margins, loss of patent, copyright and trademark protections, cyclical market patterns, evolving industry standards and frequent new product introductions. These companies may also be smaller and less experienced companies, with limited product lines, markets, qualified personnel or financial resources. Such companies may not be exclusively or substantially exposed to companies that provide products or services intended to protect the integrity of data and network operations, but may be exposed to the market and business risks of other companies, industries or sectors, and the Fund may be adversely affected by negative developments impacting those other companies, industries and sectors.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Thematic Investing Risk. The Fund relies on the Index Provider for the identification of securities for inclusion in the Underlying Index that reflect themes and sub-themes and its performance may suffer if such securities are not correctly identified or if a theme or sub-theme develops in an unexpected manner. Performance may also suffer if the stocks included in the Underlying Index do not benefit from the development of such themes or sub-themes. Performance may also be impacted by the inclusion of non-theme-relevant exposures in the Underlying Index. There is no guarantee that the Underlying Index will reflect the theme and sub-theme exposures intended.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. BFA EXPECTS THAT THE FUND MAY EXPERIENCE HIGHER TRACKING ERROR THAN IS TYPICAL FOR SIMILAR INDEX EXCHANGE-TRADED FUNDS (“ETFs”).

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
iShares Cybersecurity and Tech ETF | iShares Cybersecurity and Tech ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.47%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.47%
1 Year rr_ExpenseExampleYear01 $ 48
3 Years rr_ExpenseExampleYear03 $ 151
[1] The amount rounded to 0.00%.
GRAPHIC 77 BarChart45.png IDEA: XBRL DOCUMENT begin 644 BarChart45.png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
Q^]W0U#+;:YEJ:!& NUB.(,;T+@(@B (@B@\R @T@:-6 MNE\>'PF"( B"*$C("#2!HZ-S--1'$ 1!$$0.(2/0I]! (4$0!$$0;D)&H!N( M' EC8.710"%!$ 1!$&Y"1J )'!V=(RN/( B"((@<0D:@"83M-K\?0D@0!$$0 M1,$3V',"&0#&H/\:RX#C6[O1B[(.:GU2V>07:AT#\,M>72=41]Y!;8Z/GKP& M*0XB \?FL6LG!-8(Y)Z,Z5NK"=8:B9_SXT7:_)Q_/:AL\@MU68N>2DMUY!W4 MYK2ALLDOU#:/S;*GZ6 36"YK7D51HR$(@B ((H>0$>@&ZE$_D=W"!$$0!$$0 M'N+9=' BD<"))YZ(]NW;8]Z\>9 D"145%2@N+L;&C1O1KU\_#!TZU*ODN MO ME(^,/H(@"((@?(1G1N"4*5/0K5LWU-34 !>?OEEK%FS!O/GST<\'D>7+EW0 MIT\?E)>7>Y4DT]BRXX*XL)@@"((@B+S%D^G@A0L7HGW[]CCDD$/2UY8L68+> MO7L# ,+A,'KV[(FE2YZ87I93EZ'ZY=T\M:3NU&G1G';"=\+?U[K>3_K/JLRXF9]NZF+>/M- MS83A-%[(ANLC@3___#,^^. #S)HU"T\^^63Z>F5E)F'ZI<,N!$/0:AA6 MXG J'C($)XKH1N&#! K1HT0)W MWGDGOO[Z:ZQ>O1HS9LQ \^;-45U=G79775UM:BKX](/WTKQWWC5C<<%UX^TD MFR (@B (PA<\/7L&YM]_I^/A,DF2/%NI]N233^*___TOYLV;AP4+%F#QXL68 M/W\^8K$8NG7KAH\^^DC7$*RMK45I:2D 8.&RW]"D:0G776HDT&G^\\7G^.OO M+4 H!!8* ^$BL*((6*08+%(,%!6#12)@19'DO5 88*D9=PE(Q"'%XY!B42!: M#RE6#RG:\(E%@5@44B(.)!)HTZ(ECNMUF.-Y( B"( @B6&B-!&ZOJTT/BM74 MU*"DA&\7:>'9QI"E2Y=BR9(E^.VWW_#((X]@Y,B1^.:;;S!ITB14557ASCOO M-#426!2)H"@2<3'%-E";U0Q =MT1!$$0!$$8$@Z' <[@EET[R#,C\*233L)) M)YVDN#9MVC2OHO<6]<( ";0[F" (@L@YDB2AXK(1Z'K0H8A%Z['FEY]PTXP' ML6WK%HR_?OUN&P>=>B@-Z M'0D ^.[+3['PB;GH5NWG\5F9^ M2X_?H39AG_T.[H6SK[P! ##MFHOQUBO/X8CC3L*(T6-PPI"S-/TQ #7;MN** M6^X /SXS5>8?MVEF/_^-P" N;=-P 5C;D:OH_OCB_??QB.WWX*'7GT?KS[S M. :=>PGVZMP-_SSO-/0Y<2 ^>G,).NS;M: -0#_(:F"-0">V9'NZ \Q"36>E M3TMBY->=DBJ.IF6IL#4*CN5:F@%G\^^7_(!3Y++19:9V[W3^M7I=OY21!?QV MZ"/"E/F*,X9P& S >CZ-R_3J<>M:%8 ^?><- M;-UC5[P1T[]DK*QT773\A_5-*Q%%2VBQ9!0QH7=X66S=M! .P9=-? MZ')@3S 92U:8MO?F[%S>QT:-6Z,ZBV;\<["%S!Y[M-B>0>,^[B ZJ-W&^"!$L M1&3"S?;HYGDT3N%3??3U1^]C\?Q'T;UG+_0XO _J=^[ A=??C+WV[8H=V^LP M\I2C,/719]&A4Q>N?TF2L.#QAW#-E+O3:;M\_%3<]<^KL/KG'_'=EY_BBHKI M .&7#0*+SXZ&U]_]!XN'S\5A MWKW"9I[IW<$$01 $46 ^70$ C9LTQ;[[ M]\#_/ON(ZS>12."!6_^)@>=!PES[EF^"25D M!)K!SE!S (>I"8(@B/QBS7/ L?EW^'21)PLKEW^&*6VY'[;9J//W W>C4_4#\M?YW M''72(/3L?30 X-$9MZ+S_@=A\'F78OIU([%JQ0_X8^UJ2)*$/]>MP:-O?(R2 M9F6X;MI,W%=Q SKLVQ5K?EF!<3/G*L[LG3-M D:.FP+&&/YQ]'%X<,IX/#_W M/AQQW$E:R25Q] MO?"M+K85;0-6RLELN&[F@5?6=G[STF"41KW?J;#-E('=LB.%;]VNR-[=9,Z.V5Y7@P'=VP'P^6'1[B O<+W*3]U7[R91 M%SQOJ,^"HM$*Q@1)TUQ+V1E%H+/5"YNI_/#"YL7OU'9!=;R\<$64 MD<@]K4Y6+PUF,*.PH+JNM2M$RZU6_:G;@]R-GCRE[FN%+P^;5SYZ]WEITY)+ M7EWKE9?:K]Y]B7-?2W?(TZ+VSW,K#U>K+GGI4LLC+SU:[5)/WD2-;=YWK;3S MPM%RRY-+]3U>V%K^M-QIIX;I967)I&^U$S_G+JFE5ZU?_,$W @$Q O"ZGUG"MH> M(FFP4PY&?O7\&%WC7;=3ED8=,>^O2)KTPA'];A8KZ;-2[F;\B/A57]>K7]%P M1,,3\2_JUXP_D7HV(Q=VVJF>?]'V;126'=FW4PYFTB4:CM%U-_21F38@>D\K MG%SI([-MSJH^,BL39OH(K;#LIM5)?>2TS"JAU9@F8*+EKO=0I_6;( B"( C" M0\@(] K>*#1!$ 1!$$2.".QT,(/W@VE>;Z&AP4*"( B"(+2P:R<$U@C,B14H M&I\3Z\__57V+AU*\!8Y@BT<%'F M"+1P!"Q2E#P"+5P$A$( "R$N20@S (E$\ABTU'%GL7I(T8:_L5C#$6@)0$I@ MU^;-T>^00W.=90)D!'H'@ZEU@+1DD" (@O"*^E@,.^OK&\[!30 )"4P"& LU MO-$C!!8*@;$$P!)@8 !+]E3QA 1("4CQY >Q.*18'%(L!BD:RSH'MSX6RVUF MB32!-0+]/!OL5%PT&D@0!$%X@:W^QN0@!_5OSF&W'&EW,$$0!$$01 %"1B!! M$ 1!$&+06J6\@HQ @B (@B"L0?.Z@8;6!/J8?,\?01 $$3#4'9/%D4'JWYR! MU@02!$$0!$$0I@GL2&#@A@*M/"T%*7\$01!$84+]6^ZP68XT$D@0!$$0A!BT M,22O".Q(8- & ND<)8(@""+P\#HFD_V;5C"$>6A-H(<(%[8#3TKTL$40!$$$ M NJP @L9@280EG-ZQ"$(@B "A.5NBZ:M DV C4"F^JXEA7K2J36NS73N>XU1 M&M3E8-:_W U#=EFJRT(=GIDRLJLM1.M%KQST\JCGWTHZC,(PZU^O7M37U')L M1@Y$?XOXMQ*&EC^SLJQWW\QUL^6BE58K>LJ,K.G%Z57=F?EM% 9/CM5I,])_ M>O'8T4=F^@FM?ZW[3NA6"TAP8230J!RL]@%FP]#31T98U45&?JS* M/)] KPE,_F60($&K03, DDY!,=4]279=DL5DRWQAL-E(,FG@!R._K]]XC,+( M_$K^EA3WF.HNLLI(4KGDQ24O<_/%8E7Q\J[I-29W%&]VN:C+75F&ZO+)R"4_ M#B;;;2H-F3;# MUT>9NN?'HY5>M2Z2QZE%MAPH8Q"K-V6JM=WHA6&E[GGUDUT&:GVDUD7J5&N5 MEU+7F<6N(2@:EO/Z2.[2MAUGJ8\3EZ6,&VV=[408VN$D[RCUD;%?*[J(GTZE MSY0^4DJ[-0)K! *9@N45L-*=F3"U_5EN)!9;&"]?5DP?*VZLQF?5E"HT]/*M MKZ*<*U,G9$5$0HW"^//WM9A[YR1T[GX0JK=N0=VV:EP[^2X\-7L&OOC@7107 M-X(D2=CXYWH,O7 4AETT2N'_O==>P4=O_QO[[G<@?OS?U^A[TD#T'S0, '#W MA#%8]^LO:;?G7#$&O?H>A[6K?L&">7-06M8"70\\&'U/&@@&X(Y_7H5S1E^' M]AT[9>5 WAZSY9QQO_.PTO[$Y4 [C6;3P#=AS87CI#ZR$I=16[*2CGPD^Y'% MI.?L)S$A;R:]F*Q#:S)KY,9L^]9R;5T>E?K(KMRZ;@1*DH1!@P;AL,,.0WU] M/98O7XY__>M?*"TM145%!8J+B[%QXT;TZ]G+/<$D>_8&N2P$ACU;\Y@LQP]&0D\XH@C M??!)MV[;%FC5K,'_^?,3C<73IT@5]^O1!>7FY%TFRA*WA M?HTG3$O0] M88#B^HN//8B+QXS7;!/1^GK,FW4[OOGL(XR9>G?:W8FGGXF]NW9'.!S&RT\^ M@KO&78-;[GL,9UP\&L\]K8[^)UWWL&P8<-PY)%'XNBCCT9E927*RLK2]\O* MRE!962D<7BP:U?S$XW$WLD 0A(O\^+^O\>IS3V+R _]27*_\XW[E$N"( CSQ.-Q39O'#IX9 M@?W[]\?"A0NQRRZ[8/3HT6C;MBVJJZO3]ZNKJTU-!9]\P)[HMT]K[N>)^^YT M(POVH.%R@M#DRP_>Q9NOO(#Q=ST(%@KAO=<7I>^]-&\.AE\\6N%^RZ8J[-A> M!P!X[I'9Z>O-FK= DZ8EJ%R_#@#PX&T3T_?6K5JIVO !;*G:B+<6OH 1EUV% MVFW5:-ZJ-0" A0)\>A9!> WU;Z[SQ'UW;1!:AC>^6XLF34NX M]WRIP"UMH2>(_.>G[[[!S2//0;>##L$U(TZ%)$GHLG\/'#/@--1NJ\:Z52O1 MM4=/A9^Y=TQ"EP,.PI#S+T.LOAYW3QB#W?;H@ V_KT'O_B>CYY%] 0#5?V_! MW#MN19.2$JQ:\0/&S7A $<[LJ>-QQ5VO+$&22)+E:=:M6K<+8L6-QT$$'09(D?//- M-Y@X<2)Z].B!BHH*A,-A5%55X;CCCL.0(4-TPZJMK45I:7*GX#LK-F@:@6[Q M[T\_Q9];M@"A$%@H#(2+P(HB8)%BL$@Q4%0,%HF %462]T)A@*4,4@E(Q"'% MXY!B42!:#RE6#RG:\(E%@5@44B(.)!)HV[(E3CF"UB01!$$0[D/]6S#97E>+ M_EUW P#4U-2@I,2<7>3Z2.#>>^^-EUYZB7MOVK1IU@/V\\I2WIE)"0OA^#5_ M!$$01'X1J)V61!J;Y>C#>=,\@'?*M-F*H@9"$ 1!>(7HG* 38AU+K95P$01 $81GJKP(+ M&8$^Q=WM.@1!$ 2107C@P>IKX@A?$MCI8""S*UTNNY+LGM-X;9@9Y8&7=[H.3/#7?YW Z"A' =BO9O#A6&V6"L M]G=F; (_UK5>VW(BO8$U IGJK_JZ*W':"=PQ S+3W3#5X4S2;U;R @ $E$ M051,==]JN$:NG C'7AS^QIGTZY>C>!S6Y8%Q_#&%ZA%)GY:[Y'6]?'SVPW)L MWK8-"(621U&$0F"I8RN*BH!P\L/"14 X#,:2[NIB<30M"@&)!*2&8RL0CP*Q M&*1X%%(L!BD> ^)Q0(H#"0FMFC7#X=WWXZ0_^S=376'I]JA7#O["B?I1NLL. MQ[H^DIO;8B[U79 ^\B02UP9)4I*DEB^U&<1/ ,OZQ3N^(^G?CW6MIU?4NL@* M@34"P5@.%LY9C$]Z5.B2AT'&P#AD%1IT00EJ'^+;#0=+ ;.#!<;G-%%$$4 M-A8Z)6IO!&$1"[N#J;TY0\$>$U^JV]Y^* 5;_B ME(Q:/95,)%R]NA*1QZ"C9=K"X#)/KE$Y-06,]-3:H.7ET?U3GF= M,MCP^UI,O.(BS)]S+QZ\?1)FW'P]$HD$ .#3]][&>2?TQOR'9ADE$%]^^#Z. M[- 2?ZY?EW5OZO6C<<7P >G?:U?]@ADW7X\Y=TS&^TM?35^_[<8KL7;52L.X M\@H3=9431$\@TI/'H*/5QGAY!\>M5AA!AR<;>N7$NY]K]'1GH>&4C)H.0]"# M45V)R&/0T;)K',IO8$<"\U&_*G%O>FK;WUO0_]33<,PI@P$ UYX[!&\M?!&' M]SL.\6@47?8_$(!^^5;^L1[O_7LQRG??(ZLN%CX]#\U;M,2&=6O3UU]^ZG$, MN^ R[-.E&ZX:,0C'G#P([[WQ*O;NW T=]N[D1C;SC@V_K\6#TR>ARP$]4/WW M%M1NVX8;I]V-4"B$3]][&P_>?BM..&T8SK]BC&882Q>^B$?NO@VCQT["\8.& MI*\/.*0S]MQ[W^0/2<*JGW_$F]^NQII??\$+C\]!:5ES=.MQ,(XY>1 8-J- M5^+\*\9@3Q?K3GA!A)9R-#DSD-_ZA"!>UMQ[X=E M7V'SQHTXZOA3L.*[_Z6O-V_1$ENW;,*.[75HU+@Q_MZ\"6^\_#QF//:LLYG+ M8ZK_WH+C5,;[FPW&>TQFO&OQV\J?L-L>[5&^^QY9]ZZ]93I.&#P, /"_+S_% MQ_]Y"T#2>!^J8;R[:0#:0D)VIT3KT E"%\O]&^^ABP@,P9X.]AC)T]V*WO#M M5Y^C2=.F./K$4X7]/'C[))Q_Y1@T:5JBN+YETT:\_-1CN/BZ?T)2O8CRS$M' MX\L/W\<3L^_!-1.GX;XI-^/*\9/Q]-S[\,@]T_'-%Y\XDI]\ILO^/=(&()!M MO*O+7,U>G;J@QS^.X+XD-&4 L"+\Q[&F9>,!J!MO)\]\BJ''%[[PS=?8_&S3V#Z0T\8+NM)\=>&/[!U M\R9\]/8;^/"M?Z-V6S5>?NHQ].IS#/Y1AV_J5HVZZ] MPOW7GWZ$=:M_S5J?MKEJ(]YXY7G]Y?/#6ZVC1LC4 (!2B06E1?OCF:RQJ M,-Z=YME''L YLE&^TF9E6<9[58/Q/M(-XUW6;H7;FP.[\15Q.:T[7-!%@4P# MD;^8E*] /'+YHQWFW7\7 M:FNJ\>*_'L9O*W]*W_OVZ\_QQLO/8YU0V%LV;\3?6S:A8^>N6?,NAHUV[:B1:O6 &LPWIW,HRS]3/0% M\VIG@MZXX:C2X'2>TR7#;D)'0_^!!(D@1)DM#U@(-P_:VWX^FY]^/-10O0LO4N M..&TX3AU^%D &*9CPUYSZ\^OQ\=#_H$)PP>!CZG90Y MQN?ANV[#(;W[XM CC\K*<\55E^"2Z\9BKTZ=L7/'=MPS:2S:[;D7&C5JC!&7 MCM9(MYGRRO:[^.-/\<>FS>;;&Y!L;Y*LO47K(<5TVEOK5AC<6][>>'*@KC^> M?*B_ TJ94X=OI7Q$D*?5>AV8E_=4G/(PC.(PFP9UWM1Q M;RRPM'-"QU6D7: MO]D^2B0.O?3IQV&KO4'5OQFU-V[_9D8>4IC-N]FVH&[7HG&:P4A?Z,O!]KI: M'-6I+0"@IJ8&)24E,$. C<#*K(T);I,T G/5*1%$8;'XXT\\[)1:"3QT$43^ M(MR_A2- D<$@![4WST@:@>4 K!F!P9T.]C,\LUIMW!L-X0;&-">(/,#FE I! M% Q& U56PB!R1F WAC@P%>X>>K,_6K\Y8?@V?P21;TC4W@A""-[L9,)\&-3> MG,%N.=)(H!E$2]N)43P:"20(:U#O0A#>(3+S1?B6P(X$^GHHD)W,&N^486",P%PCOHW9@*M?K/=L+/[2X,RR96E,[P]JU;H73:&<8 M88"M-N#6R2L$D:=XV>=X>"0A88#K1N":-6LP;MPX].S9$YLW;T9U=35FSYX- MQA@J*BI07%R,C1LWHE^_?A@Z=*C;R?$&D8TA084:KZ\@XQTDDP21:_*E?RM M7#<"-V_>C.'#AV/(D"$ @)-//AG//OLL&C=NC#5KUF#^_/F(Q^/HTJ4+^O3I M@_+RPGUVQY#4SB&Y'/>",((RWV WKG8&DBT.]@Q M?+\[^."##TX;@ "02"30K%DS+%FR!+U[]P8 A,-A].S9$TN7+G4[.;;P3^AZ95"()P LO]F\B[NPG?XNF:P$\__10E)248/'@PYLR9@[*RLO2] MLK(R5%96F@O0KSM#G$B7QT.=GK99/^_L)C21 (^'IP7=.=$)D4P2A8Z=_LWL M+!>U-]_@F1'XY9=?XM%''\4++[P "@O+T=U=77Z?G5UM?!4, #$HU'$HE'N MO5 HA' X;"_!'&S)K(6I8#_VMUQ\GC?"&7PKDPX&($OOWVVWCMM=?P^../(Y%(8,&"!1@T:! 6+5J$4:-& M(1:+8=FR99@]>[9PF$=UW4/SWN4WC,?HFR8XD71K^'HHW.:V25_GC3!%/M>E M8WFSVEYH>[(85$Z!PQ7KC>3 B$=FWH&'[[G=\7!=-P+_[__^#Z>??CIZ]>J% M8X\]%I(DH6?/GI@Y>:>ID< /5ZQ'DY(22,B6R5 H M!*:ZFG*7$C.FNL?#LJP[=5AT0RYX>024>>'EBX?4$*JH>TZ2^+\MY"WUOU;^ M4D@"[M3W>&N4C>I93S:TRI]QONNE3UUGZK@8QZV6>U-HG>IO429Y06NET=%\ MB&)I(Y96JEA67:NCX+=![5QJR;097:0G?V;:MY:\B:27%Y^)_0$*?617)HS: MC6@=FFW'6F[4U^3N1761.@X1'6@V#^HX+&%3ETB*7WQ$^SNSLFIVU0FOS6FE M1Z0]B_8CEU\_'I==-U;A3@*PH[861W5M9Y1\35PW GOV[(F:FAKNO6G3IED. MMR@20202$7;/5']Y]_R&7IK5U\TNYW LSQ8?WLRD723-6K:IT34[?NSF02O- M6OFU56>\P!PZ4-FH'!S-1X[0RJ.5-BAW:Z=L1&3)3EK,N'&Z'*Q@5*9.U*$5 M7:27)C-AB,;K1!Z\P*S,B+IW6U;-A.-DOL+A,'>96\R$'<0CN(=%,Y@SX>U( MO%./J6;)=2MUDWS.6Q"P.O,2E'KS[UYEC<[$>5S!1 YQ?9, VW$2N*0 MO>%5=*Z?$UB0T#E*A$?8$B.3GDED"8+@0KHDL) 1Z 8\T]SG4F_K:<+G>2,T M\/FCN*-K( F"< ;2]WE%84P'.X0MV;>P$#\P_5@^YRU?".#97L))5CMT<-,+ M010*PDW&@8:2U]/!'D/3P1Z2ST)+TXIY3@!'IX51YRU?\D40?D3KN"F]WP)! M$+DAL".!.7F4\#"^0+U6Q\K(2U#R1B@)2KW1;D6"< >1!TJ1]D?MS1EH=["' MV#E6PZQ?R>.=GV:.V[$;%ZC].T4^[PX6CLN!@[!))HE"Q]/=P8S:FU/0=' 0 MD.#_\6_1].7SM&(0\=!X]RTDDP1A'[+*"A(:"30;J55_O,7K+D7G.;0Q)'=X M;.QX6F\>"PG))%'0>*E+/)[IRF?LEF-@C< D>D, 3'7-J*@$CN*WVDAX+VLT M"DNQ*-#L$>(B9>#@JPDLK+T(MM[R=*P[H(]M8D2\G_%C5T6;C5,8(L!&H52B\ZR(5*S(T9T- ;)\O M8]>]R>U;9J.RG#\G&YU?P[(:ILO/RA:/4N$'Y((_R<.AB:RX'#!.-=TZI(]L M8R4.)_Q8+1,[<;KEQXNP/ I/M+V).!,*RJU^RB5]9 L[.L-(%]E+=V"-0,:< M?7 1BM/CN+S.GR4L]M.!R!N1A2_KS:GG&3_FC2#\!K4W7V&W'&ECB%>8K"C) MRU$0NP0HJ80,L^LX/=;:MN+S>=X(HI"A]N8?R @DB$+%YWK8UH.0S_-&$(5, MH 8Y\IS@3@ M^_C_ "3+\K[;)R-27(PM557HU;LO3AAX6I;?[75UJ!AS!3KNVQF;_OH+S]DU-Z#W,?VQ^M=?,/_A!U'6O#FZ']03QP\8# "8 M>-UH7'KU#=AKGTX>Y)IP FIOSE#@NX,)I[#5X3JVP8 PBW"]\>K'YW5&HP7^ MYZO//L'Q P;CFR\_3U][:\DB_/'[.LQXZ''$XW&<^_-?Z-GK\,! .%P&/L=>! ^>O?M++^[EK?%EDU5 (#:FFTH M:]X";7=OE_R];1L>N?LB7^WKP9V^OJT+AQ8VS9 MO FOOO0<+AQUM9O9+ @LMX%"F);+8P([$IB3W<&B\>D=I2:,Y''^;%BNIA?A MT\ZP(.)UO5F.BSF&JW#7W'FX MX/(K,>^!>_'I!__!3;=.QXQ)XW%#Q53,>_!>U-76X,BCC\4AAQ_I4 MB$5]@'/8+PP>NOL. $!ILS)< M,_X6 ,#2Q:^@<[?N^.O/#=BQO0Y7CYV("T\_!4\L_+?+.*" 0E+=Y$T1D;9G(J(N'># =A2M1$[ZNK &SX M?1UV+6\+!B#$&';9M0VB.W>" 9@QZ>9T>+^M_ 5[[=-)$>?FC7_AU9>>P\57 M7(.:ZJUHV;IU,IQ0*.?E$=1/ZG_3\+P)!)7K_.;3QPXT$N@5OA^M$!0EK09O MYI5XA/>HZRT0=2282+M:T+E "HY/_OLN7G_E)6S]>POFSIJ!LRZZ#"<./ T_ M?O\_W'_'5&S9O DW3IJ:WA1R]]0*=.]Q,,ZY^')<,ZX"LVZ;A.J__T;-MFW8 M;8_V&#!D. !@Z]^;<<_46]"TI 0_+_\!TV8]I(CW]HIQN&G2;6",X:ACC\=M M$V["H_?/Q#$GGN)Y&>0/%I5" #>=$1G("#1%/DNV=VL""<)1')$_$F(K''GT ML3CRZ&.SKH^Y^5:N^^GWS4U_WWO?SIC]Q'.&[GC^GNCQHTQY9[9 JDE M7(.:3V )K!'(&//OCCZ'DN5E_IC=J0"3[TOW;=T1FC#XM,WQDF1EJMN/>2.( M(*">#3)T[E-=$D#LEF-@UP3F.Y:-,HM(-!5 &&!91G(!]2\$80HO^YQ Z9(\ MAXQ KS#9OO*YD7AMX!(:4#40!.$$9H^((>7C&X(['0P?]V$.C8[Y-G\.D,]Y M\R6.[.KVMMZ$.PIJ;P01*"30:QJ=PFXYTDB@&P10NBUWN!;RFL^CG+Y%Y!B' M?*H6DW))(Q-$H4-ZN3 A(] K?-['.+HFD" <0%@F'=@80AT@4>C8>A#R>?]& M:./)=/#Z]>LQ:=(D?/+))UB^?#F Y'MX*RHJ4%Q6V<'8^FUTQXFS];.XQ\GK=\QML=Y#Z52:W#V4WM5B29=(IX/*%A5#/%'_7U MN"0AS#@5)V5]D?ED"(=I+,,11.7?@>47U-Z<(Q"OC?OPPP\Q9,@0?/+))^EK M+[_\,M:L68/Y\^+>BYT@.OC*(&K?_\+O\ M\1"529(W7_'\?S_&VJK-0"@$%@H#X2*PH@A8I!@L4@P4%8-%(F!%D>2]4!A@ MH08](@&).*1X'%(L"L3J(45EGU@4B$4A)>) (H$]=VF%6+ETJ'*:3KUKQXM4L M5@)P\S4SEO.F=FSC>$'Z9-LM.K ME7XS0_1VCGEQ8!&^(DJ]//+RIW>?@2L/BGQKA)EBQIU8=6WLS*LI9?==Q6@M&223TYTLNC5GT#V?+%N\]KMUJR M)"J?:K3RJ!6_.HX<#NP81JV73CV]H>772%]IE:.6&W5:M.+0JP\SZ52'J79K M!3OM3?[#[%2S2/^HI=?UTFPD\WKU*U+7ZO1KZ099>%??-!Y7WC V*_UU=;4X MN*/VH)@1GAB![[SS#IY__GELWKP9TZ=/Q^C1HS%TZ%!\\\TWF#1I$JJJJG#G MG7>:&@F,%$<0B43T'?$*UDACJ._+?MO:K6B2M,&C3CT_!C%(9).H;"UD7+Q1)V6%4Z9*MS( M[FOZX6ABEO)BP[)P4R:U[IF2:8/KPO&FY)8G?]IERR]WV36F-96>X/GAU9FZW'7CT8E#2,9$])U!6%Y@I7]66V?J_M!( M1M5RS>MKH-77J/W(VIY>_Z27)Y%[#7_#16&$D;W,+1(UL(,,\,0([-^_/_KW M[Y]U?=JT:39"-:%L;,0@;XK"_:TCR1+)'TO_+]F,V'M;PFQ:[1:JG9["R3B< MQL:#B>DZ5\ND&0O&[#6;F#0HDO*?B_H30S\[V1:"F$YPLGXRNDC8=E>[LS2" MZWX_P(_3;?^YT$6YU"7F?/+?-V)6'YE_,F-@JJQJ/SU8?:8QCSU9H=?&"<23 M*\S$;5MEV G 0H?KW^ZV@+"@I;RL-R\?3-0#@7[$Z\O,/ M-!)H!JN=C63>;T[R9Q633X&!RIO?\7")@M?U)AR7$XFBT6G'L%6.9G4LU9MC M4+T%$[OE&%@C,'!+0SI93/>?,:T7)T8K3,MU8@![/Y)9ET#M*3P83J M+9C8+$>:#O:*?)VRXC5^:MS^@U9)(('+2TA",^AZ6"OR/5PN4'\EN.R>"*F4'PI1T$Q5KP['=0\ MO'3E\Z[N?,Z;S[%P3:'=PGL+2_SD= M*!_+[$<0=FQ[C4FTVJK#W#R=7]! M*F,_0+N#E?8@4WT Z[+&-+Y;PDJ'RTF#.F]J1);9\,(TG3"C:Q80S9^1.[-+ MC?3*QV[ZC##CUHX?S8 L.->*WZQ<:;G/U0"PENXP6\Y:^DA^G^?'*$PS[GEN MS89AE&['Y%".R^>I6FF7=MN[F7(WH\]$]* 9?62K'BUZ-M(C6F[4]_1DU4K^ MC6P',V&(N.5=U\J7H^T- 1X)-!8>ALP;!EG#7TGF2NQMNZPA'%-%+Z+(!()C MBCQH!9%*G]Q7=@*89K[5_@T391MEWN"5FT'"1*X) MD]WNK(B]NHW)?V?+HAE=E/HE?U3D+::3UX,\7H ?IS+\3+M1A\-+6\:/E\9[ M1EKT%A/R]"$/(S_&NE),5\OK7WD]^2M[7MR\/N*GE1GDT4NRVU=&1_!TH;*. MM?(G_YZM>]3ZB>]?&9^R'\KN;_G]KWY[R8Y/4EU1RH:>WK7;)0?6"#1OVZM_ MFRDZD\4LXERX_5DQ1_3\:)M,0CB@-[2[/*-G(ZOPZEVKS)R,R\I],^Y-A.6 M\2X>D+HLS;0["PEU)6^.!:H3GA69TTJCV?!%VII>/6IAPGQWU 9QJ)T8^G%# M%VE]]U87"5>'8_5FMHS-]',\-V;E6;2/<*(OL6.KV).3P!J!(B:@&W':\JA^ M@##PXF7^4O$9MF^M_L3$ NY::-(?Y&J]_SL9[, M9X1-%YX#EZ?Q"6WLEF/PUP0ZU3NY]> '\!?..O4TY=1#(TQ/>EL*WY4)""<' MUYST8Q?!AT$O)G4L&YDV_0D%8;, =./0TB]:@YQNZB,'RM-5?TSWIS$F]*1F MV+E^TO1"M[B8+UL/E(+.;#_S7J8JJU>&D(.K7^RFE%5L"&H&69M)(,KSJL!OD7RI?->DG'X=3LD&AX1@35 M$,S%%(;Z&N^[5P38$!1J;[SEEPD+<=B5R4(U!!T.)[!&8$X>].Q$:-"ZLF9" M)(_SQY3&A)-Q.]F7$=EX80"FCE )3+U9*)3 Y"T@I!XH396KV2<:K_5D@6"J M&O3VKJG",S'33PABMQR#/QWL,99' 4T,E^=DSY8L4MTT6)"XW.Y!RW.L&F8F M/3' ^XI4Q>?V@PGA+&Z4<4J5DDYQ%]-+@]2.J8(" QF!-A!N) (-PK7U6BL3H].YJC?+YP\""D#+ M,M!1W')#Q?(& T*3K/6D#H8I?L,=U#(I_( B()-9;9ADTA4TZ\S")C-NM5*] M.8:ZKH3;F^!#E^([U9LSV"Q'F@XV@62GES7IUU9<%A%J\"8%3FXTTUH>=W!C MBDP]!9R+>G/KH4L^TDXRZ3PIW64X6F=AQYA:#A@9$HZA'IT3'H?@.>1L#)%_ MST7_1O )[$A@3J:#5?&;NJG3VZA')5(C@;G*GWS41>@I06#$19U]TMW.(%>F MBND6(<_\R_*ZRN6./DERQTA3YXVFI]S%Z24F@*P.:1K?,>3&>TKO<_L WOIB M S=^6%J2K]@M1QH)M(BB ^'=-+K&J3E%YYNC)R7UJ%)6,DRV9BUC@G .WM(J M._#D.B?K4SF1O %V.%ZC430HU$IZ?FCI3EL)%PUTM!ZX)Q6!:]$H+P1NJ$^E(3%9*+OEF2^'+H M1*?$?SAA<$=OY'K>(O<(C^@*%A--!SN/?/F%+A:405:?2<:^ -[HC1L#D[NU/).PS'&%-/ F@@V7JVP,MTL:6\G4,N?J6DW M3EVF_"8XMY,RXJU,IC MDQI6!P/_Y08I^5>Z=)K"D/E4O:D[?L-I1:UKR%Y6 M(LGKZ*#LY,_2*GKE>(B3J#>'T,"(@S24HU-KKN0=;/:HHG\68!F.+.D8@/S1 M4A_DS>F% \++.

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htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Currency Hedged MSCI EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® CURRENCY HEDGED MSCI EAFE ETF Ticker: HEFA                                 Stock Exchange: Cboe BZX
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Currency Hedged MSCI EAFE ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization equities in Europe, Australasia, and the Far East while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees so that the Fund’s total annual fund operating expenses after fee waiver is equal to the Acquired Fund Fees and Expenses attributable to the Fund’s investment in the iShares MSCI EAFE ETF (“EFA” or the “Underlying Fund”) after taking into account any fee waivers by EFA, plus 0.03% through November 30, 2020. The contractual waiver may be terminated prior to November 30, 2020 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination November 30, 2020
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund and the Underlying Fund in which the Fund principally invests, the iShares MSCI EAFE ETF, may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolios). A higher portfolio turnover rate for the Fund or the Underlying Fund may indicate higher transaction costs and may cause the Fund or the Underlying Fund to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to the Underlying Fund included as part of Acquired Fund Fees and Expenses), affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 7% of the average value of its portfolio. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 7.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI EAFE® 100% Hedged to USD Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) as an equity benchmark for international stock performance, which attempts to mitigate exposure to the currency risk inherent in certain securities included in the Underlying Index by hedging to the U.S. dollar. The Underlying Index includes stocks from Europe, Australasia and the Far East and, as of July 31, 2019, consisted of securities from the following 21 developed market countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index may include large- or mid- capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

The Fund seeks to achieve its investment objective by investing a substantial portion of its assets in the Underlying Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund and the Underlying Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities or other instruments comprising an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and the Underlying Fund may or may not hold all of the securities and other components of the applicable underlying index.

The Fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the Underlying Fund) and other instruments of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Components of the Underlying Index include equity securities and currency forward contracts (both deliverable and nondeliverable) designed to hedge non-U.S. currency fluctuations against the U.S. dollar. The notional exposure to currency forward contracts (both deliverable and nondeliverable) generally will be a short position that hedges the currency risk of the equity portfolio. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The index is 100% hedged to the U.S. dollar by selling each foreign non-U.S. dollar currency forward at the one-month Forward weight in order to create a “hedge” against fluctuations in the relative value of the non-U.S. dollar component currencies in relation to the U.S. dollar. A currency forward contract is an over-the-counter (“OTC”) contract between two parties to buy or sell a specified amount of a specific currency in the future at an agreed-upon exchange rate. The hedge is reset monthly by MSCI and is not adjusted intra-month based on movement in the value of the component equity securities and/or currencies. The Underlying Index may therefore be slightly “over-hedged” (if equity values decline) or “under-hedged” (if the equity values increase) between the month-end rebalances. The Underlying Index is designed to have higher returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are weakening relative to the U.S. dollar and appreciation in some of the non- U.S. dollar component currencies does not exceed the aggregate depreciation of the others. Conversely, the Underlying Index is designed to have lower returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are rising relative to the U.S. dollar.

In order to track the “hedging” component of the Underlying Index, the Fund intends to enter into currency forward contracts as described above. While this approach is designed to minimize the impact of currency fluctuations on Fund returns, it does not necessarily eliminate the Fund’s exposure to the non-U.S. dollar component currencies. The return of the currency forward contracts may not perfectly offset the actual fluctuations in value between the non-U.S. dollar component currencies and the U.S. dollar.

The Fund may also use non-deliverable forward (“NDF”) contracts to execute its hedging transactions. An NDF is a contract where there is no physical settlement of two currencies at maturity. Rather, based on the movement of the currencies and the contractually agreed-upon exchange rate, a net cash settlement will be made by one party to the other in U.S. dollars.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities and currency forwards in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Fund), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or the Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or the Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Hedging Risk. When a derivative is used as a hedge against a position that the Fund or the Underlying Fund holds, any loss generated by the derivative generally should be substantially offset by gains on the hedged investment, and vice versa. While hedging can reduce or eliminate losses, it can also reduce or eliminate gains. Hedges are sometimes subject to imperfect matching between the derivative and its reference asset, and there can be no assurance that the Fund’s hedging transactions will be effective.

In seeking to track the “hedging” component of the Underlying Index, the Fund invests in currency forward contracts (which may include both physically-settled forward contracts and NDFs) designed to hedge the currency exposure of non-U.S. dollar denominated securities held in its portfolio (directly or indirectly through its investment in the Underlying Fund). NDFs may be less liquid than deliverable currency forward contracts and require the Fund to post variation margin to the counterparty, which can increase costs for the Fund. A lack of liquidity in NDFs of the hedged currency could result in the Fund being unable to structure its hedging transactions as intended. In addition, BFA may seek to limit the size of the Fund in order to attempt to reduce the likelihood of a situation where the Fund is unable to obtain sufficient liquidity in an underlying currency hedge to implement its investment objective.

Currency forward contracts, including NDFs, do not eliminate movements in the value of non-U.S. currencies and securities but rather allow the Fund to establish a fixed rate of exchange for a future point in time. Exchange rates may be volatile and may change quickly and unpredictably in response to both global economic developments and economic conditions in a geographic region in which the Fund or the Underlying Fund invests. In addition, in order to minimize transaction costs, or for other reasons, the Fund’s exposure to the non-U.S. dollar component currencies may not be fully hedged at all times. At certain times, the Fund may use an optimized hedging strategy and will hedge a smaller number of non-U.S. dollar component currencies to reduce hedging costs. In addition, because the Fund’s currency hedge is reset on a monthly basis, currency risk can develop or increase intra-month. Furthermore, while the Fund is designed to hedge against currency fluctuations, it is possible that a degree of currency exposure may remain even at the time a hedging transaction is implemented. As a result, the Fund may not be able to structure its hedging transactions as anticipated or its hedging transactions may not successfully reduce the currency risk included in the Fund’s portfolio. Because currency forwards are over-the-counter instruments, the Fund is subject to counterparty risk as well as market or liquidity risk with respect to the hedging transactions the Fund enters into. Currency hedging activity exposes the Fund to credit risk due to counterparty exposure. This risk will be higher to the extent that the Fund trades with a single counterparty or small number of counterparties.

The effectiveness of the Fund’s currency hedging strategy will in general be affected by the volatility of both the Underlying Index and the volatility of the U.S. dollar relative to the currencies to be hedged, measured on an aggregate basis. Increased volatility in either or both of the Underlying Index and the U.S. dollar relative to the currencies to be hedged will generally reduce the effectiveness of the Fund’s currency hedging strategy. In addition, volatility in one or more of the currencies may offset stability in another currency and reduce the overall effectiveness of the hedges. The effectiveness of the Fund’s currency hedging strategy may also in general be affected by interest rates. Significant differences between U.S. dollar interest rates and some or all of the applicable foreign currency interest rates may impact the effectiveness of the Fund’s currency hedging strategy.

Currency Risk. Because the Fund's and the Underlying Fund's NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of one or more of the non-U.S. markets in which the Fund or the Underlying Fund invests depreciates against the U.S. dollar and the depreciation of one currency is not offset by appreciation in another currency and/or the Fund's attempt to hedge currency exposure to the depreciating currency or currencies is unsuccessful. Generally, an increase in the value of the U.S. dollar against the non-U.S. dollar component currencies will reduce the value of a security denominated in such currencies, as applicable. In addition, fluctuations in the exchange rates of currencies could affect the economy or particular business operations of companies in a geographic region, including securities in which the Fund or the Underlying Fund invests, causing an adverse impact on the Fund’s or the Underlying Fund’s investments in the affected region and the U.S. As a result, investors have the potential for losses regardless of the length of time they intend to hold Fund shares. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Fund, the Fund's or the Underlying Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or the issuers of securities in which the Fund or the Underlying Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or issuers of securities in which the Fund or the Underlying Fund invests.

Derivatives Risk. The Fund will use currency forwards and NDFs to hedge the currency exposure resulting from investments in the foreign currency-denominated securities held by the Fund or the Underlying Fund. The Fund’s or the Underlying Fund's use of these instruments, like investments in other derivatives, may reduce the Fund’s or the Underlying Fund's returns, increase volatility and/or result in losses due to credit risk or ineffective hedging strategies. Volatility is defined as the characteristic of a security, a currency, an index or a market, to fluctuate significantly in price within a defined time period. Currency forwards, like other derivatives, are also subject to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. A risk of the Fund’s or the Underlying Fund's use of derivatives is that the fluctuations in their values may not correlate perfectly with the value of the currency or currencies being hedged as compared to that of the U.S. dollar. The possible lack of a liquid secondary market for derivatives and the resulting inability of the Fund or the Underlying Fund to sell or otherwise close a derivatives position could expose the Fund or the Underlying Fund to losses and could make derivatives more difficult for the Fund or the Underlying Fund to value accurately. The Fund or the Underlying Fund could also suffer losses related to its derivatives positions as a result of unanticipated market movements, which losses are potentially unlimited. BFA’s use of derivatives is not intended to predict the direction of securities prices, currency exchange rates, interest rates and other economic factors, which could cause the Fund’s derivatives positions to lose value. Derivatives may give rise to a form of leverage and may expose the Fund or the Underlying Fund to greater risk and increase its costs. Regulatory requirements may make derivatives more costly, may limit the availability of derivatives, and may delay or restrict the exercise of remedies by the Fund upon a counterparty default under derivatives held by the Fund (which could result in losses), remedies or termination rights by the Fund, and may otherwise adversely affect the value and performance of derivatives.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or the Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or the Underlying Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Investment in Underlying Fund Risk. The Fund expects to invest a substantial portion of its assets in the Underlying Fund, so the Fund’s investment performance is likely to be directly related to the performance of the Underlying Fund. The Fund’s NAV will change with changes in the value of the Underlying Fund and other instruments in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Fund, including as a result of the currency hedging activity conducted by the Fund.

As the Fund’s allocation to the Underlying Fund changes from time to time, or to the extent that the total annual fund operating expenses of the Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities and other instruments to which the Fund and the Underlying Fund have exposure. Changes in the financial condition or credit rating of an issuer of those securities or counterparty on other instruments may cause the value of the securities or instruments to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Fund face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, losses due to ineffective currency hedges, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S AND THE UNDERLYING FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or the Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or the Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or the Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or the Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund and the Underlying Fund are specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund and the Underlying Fund are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s or the Underlying Fund's service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Fund are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund and the Underlying Fund invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund and the Underlying Fund are specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s or the Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s or the Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund or the Underlying Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund and the Underlying Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the European Union (the “EU”) (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund and the Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund or the Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund invests in the Underlying Fund, the Fund’s realized losses on sales of shares of the Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by the Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of the Underlying Fund, if any, would not offset net capital gains of the Fund. Each of these effects is caused by the Fund’s investment in the Underlying Fund and may result in distributions to Fund shareholders being of higher magnitude and less likely to qualify for lower capital gain tax rates than if the Fund were to invest directly in the securities and other instruments comprising the Underlying Index. The Fund invests in derivatives. The federal income tax treatment of a derivative may not be as favorable as a direct investment in an underlying asset. Derivatives may produce taxable income and taxable realized gain. Derivatives may adversely affect the timing, character and amount of income the Fund realizes from its investments. As a result, a larger portion of the Fund’s distributions may be treated as ordinary income rather than as capital gains. In addition, certain derivatives are subject to mark-to-market or straddle provisions of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”). If such provisions are applicable, there could be an increase (or decrease) in the amount of taxable dividends paid by the Fund. Income from swaps is generally taxable. In addition, the tax treatment of certain derivatives, such as swaps, is unsettled and may be subject to future legislation, regulation or administrative pronouncements issued by the U.S. Internal Revenue Service (“IRS”).

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities (including shares of the Underlying Fund) and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund’s valuation of a security at the time of calculation of the Fund’s NAV), transaction and hedging costs incurred and forward rates achieved by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or other distributions, interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index and the cost to the Fund of complying with various new or existing regulatory requirements. These risks may be heightened during times of increased market volatility or other unusual market conditions in the affected securities and/or foreign exchange markets. In addition, tracking error may result because the Fund incurs fees and expenses, while the Underlying Index does not, and because the Fund accepts creations and redemptions during time periods between which it is able to adjust its currency hedges, whereas the Underlying Index does not adjust its hedging during these periods. To the extent that the Fund seeks its investment objective through investments in the Underlying Fund, the Fund may experience increased tracking error as compared to investing directly in the component securities of the Underlying Index. The potential for increased tracking error may result from investments in the Underlying Fund due to, among other things, differences in the composition of the investment portfolio of the Underlying Fund as compared to the index tracked by the Underlying Fund and differences in the timing of the Fund’s valuation of: (i) the Underlying Fund and the currency forward contracts (each valued as of the close of the New York Stock Exchange (“NYSE”), typically 4:00 p.m., Eastern Time), (ii) the valuation of the securities in the Underlying Index (generally valued as of each security’s local market close) and (iii) the currency forward contracts included in the Underlying Index (generally valued at 4:00 p.m., London time).

Valuation Risk. The price the Fund and the Underlying Fund could receive upon the sale of a security or unwind of a financial instrument or other asset may differ from the Fund's or the Underlying Fund's valuation of the security, instrument or other asset and from the value used by the Underlying Index, particularly for securities or other instruments that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other instruments in the Fund's or the Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or the Underlying Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund or the Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or the Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund’s or the Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 11.04% in the 1st quarter of 2015; the worst was -11.80% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Currency Hedged MSCI EAFE ETF | iShares Currency Hedged MSCI EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.38%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.32%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.70%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.35%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.35%
1 Year rr_ExpenseExampleYear01 $ 36
3 Years rr_ExpenseExampleYear03 188
5 Years rr_ExpenseExampleYear05 355
10 Years rr_ExpenseExampleYear10 $ 837
2015 rr_AnnualReturn2015 4.44%
2016 rr_AnnualReturn2016 6.57%
2017 rr_AnnualReturn2017 16.69%
2018 rr_AnnualReturn2018 (9.24%) [1]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 18.45%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2015
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 11.04%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (11.80%)
One Year rr_AverageAnnualReturnYear01 (9.24%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 5.28%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 31, 2014
iShares Currency Hedged MSCI EAFE ETF | Return After Taxes on Distributions | iShares Currency Hedged MSCI EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (10.11%) [2]
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.51% [2]
iShares Currency Hedged MSCI EAFE ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Currency Hedged MSCI EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (4.71%) [2]
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.17% [2]
iShares Currency Hedged MSCI EAFE ETF | MSCI EAFE® 100% Hedged to USD Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (8.96%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 5.43%
[1] The Fund’s year-to-date return as of September 30, 2019 was 18.45%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 79 BarChart24.png IDEA: XBRL DOCUMENT begin 644 BarChart24.png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end XML 80 R230.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares MSCI ACWI Low Carbon Target ETF
iSHARES® MSCI ACWI LOW CARBON TARGET ETF Ticker: CRBN                                 Stock Exchange: NYSE ARCA
Investment Objective
The iShares MSCI ACWI Low Carbon Target ETF (the “Fund”) seeks to track the investment results of an index composed of large and mid-capitalization developed and emerging market equities with a lower carbon exposure than that of the broad market.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI ACWI Low Carbon Target ETF | iShares MSCI ACWI Low Carbon Target ETF 0.20% none none [1] 0.20%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares MSCI ACWI Low Carbon Target ETF | iShares MSCI ACWI Low Carbon Target ETF | USD ($) 20 64 113 255
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 14% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI ACWI Low Carbon Target Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is designed to address two dimensions of carbon exposure – carbon emissions and potential carbon emissions from fossil fuel reserves. By overweighting companies with low carbon emissions relative to sales and those with low potential carbon emissions from fossil fuel reserves relative to market capitalization, the Underlying Index aims to reflect a lower carbon exposure than that of the broad market. Carbon emissions and potential carbon emissions from fossil fuel reserves are measured based on an issuer’s reported data from annual reports, corporate social responsibility reports, the Carbon Disclosure Project, oil and gas industry bodies, and other relevant third-party sources. If an issuer does not report carbon emissions or potential carbon emissions from fossil fuel reserves, the data are estimated by MSCI using a proprietary model.

The Underlying Index is designed to achieve a target level of tracking relative to the MSCI ACWI Index (the “Parent Index”) while minimizing carbon exposure. The Underlying Index is a subset of the Parent Index that measures the combined equity market performance of developed and emerging market countries. The Parent Index serves as the universe of eligible securities for the Underlying Index. Securities included in the Parent Index are first assigned a “carbon exposure” measured in terms of the issuer’s greenhouse gas emissions (relative to the issuer’s annual sales, as measured by the most recent calendar year sales or closest fiscal year sales) and potential carbon emissions from fossil fuel reserves held by the issuer (per dollar of such issuer’s market capitalization, as measured during the semi-annual index review). The Underlying Index is then constructed using a process that aims to achieve replicability and investability, subject to the following objective and constraints: (i) minimize carbon exposure subject to a tracking error constraint of 30 basis points relative to the Parent Index; (ii) the maximum weight of an Underlying Index constituent may not be greater than 20 times its weight in the Parent Index; (iii) country weights in the Underlying Index may not deviate more than 2% from the country weights in the Parent Index; and (iv) sector weights in the Underlying Index may not deviate more than 2% from the sector weights in the Parent Index, with the exception of the energy sector, where there is no weight constraint applied. The Underlying Index may still include significant exposure to large companies that have proportionately greater carbon exposure relative to smaller companies with lower carbon exposure due to the Underlying Index’s constraints on deviating from the market capitalization of Parent Index constituents.

The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and technology industries or sectors. The components of the Underlying Index are likely to change over time. As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czechia, Denmark, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, New Zealand, Norway, Peru, the Philippines, Poland, Portugal, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Arab Emirates, the United Kingdom (the “U.K.”) and the U.S. (together, the “ACWI countries”). The lower carbon exposure sought by the Underlying Index may have no impact on (or no correlation with) the investment performance of the Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the carbon exposure of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s carbon exposure calculation methodology or sources of information will provide an accurate assessment of an issuer’s actual and potential carbon emissions.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Low Carbon Exposure Investment Strategy Risk. The Fund’s strategy of investing in securities of companies with low carbon exposure limits the type and number of investment opportunities available to the Fund and, as a result, the Fund may underperform other funds that do not seek to minimize carbon exposure. The Fund’s low carbon exposure investment strategy may result in the Fund investing in securities or industry sectors that underperform the market.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 17.20%.
The best calendar quarter return during the periods shown above was 7.32% in the 1st quarter of 2017; the worst was -12.64% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares MSCI ACWI Low Carbon Target ETF
One Year
Since Fund Inception
Inception Date
iShares MSCI ACWI Low Carbon Target ETF (9.39%) 4.12% Dec. 08, 2014
iShares MSCI ACWI Low Carbon Target ETF | Return After Taxes on Distributions [1] (9.89%) 3.58%  
iShares MSCI ACWI Low Carbon Target ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (5.16%) 3.15%  
MSCI ACWI Low Carbon Target Index (Index returns do not reflect deductions for fees, expenses, or taxes) (9.78%) 3.77%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.

GRAPHIC 81 BarChart20.png IDEA: XBRL DOCUMENT begin 644 BarChart20.png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end GRAPHIC 82 BarChart28.png IDEA: XBRL DOCUMENT begin 644 BarChart28.png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htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Core Conservative Allocation ETF
iShares Core Conservative Allocation ETF Ticker: AOK                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Core Conservative Allocation ETF (the “Fund”) seeks to track the investment results of an index composed of a portfolio of underlying equity and fixed income funds intended to represent a conservative target risk allocation strategy.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.  The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares Core Conservative Allocation ETF | iShares Core Conservative Allocation ETF 0.25% none none 0.06% 0.31% (0.06%) 0.25%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Core Conservative Allocation ETF | iShares Core Conservative Allocation ETF | USD ($) 26 87 162 381
Portfolio Turnover.
The Fund and the iShares funds in which the Fund invests (each, an “Underlying Fund” and collectively, the “Underlying Funds”), may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolio). A higher portfolio turnover rate for the Fund or Underlying Funds may indicate higher transaction costs primarily in other iShares Underlying and may cause the Fund or Underlying Funds to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to Underlying Funds included as part of Acquired Fund Fees and Expenses), affect the Fund's performance. To the extent an Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. During the most recent fiscal year, the Fund’s portfolio turnover rate was 3% of the average value of its portfolio.
Principal Investment Strategies
The Fund is a fund of funds and seeks to achieve its investment objective by investing primarily in Underlying Funds that themselves seek investment results corresponding to their own respective underlying indexes. The Underlying Funds invest primarily in distinct asset classes, such as large- or mid-capitalization U.S. or non-U.S. equity, the aggregate bond market (including allocation to international bonds as well as USD-denominated bonds) or the U.S. Treasury bond market; each such asset class has its own risk profile.

The S&P Target Risk Conservative Index (the “Underlying Index”) is composed of a portfolio of equity and fixed-income Underlying Funds and measures the performance of the S&P Dow Jones Indices LLC (the “Index Provider” or “SPDJI”) proprietary allocation model that is intended to represent a “conservative” target risk allocation strategy as defined by SPDJI. The Underlying Index seeks to emphasize exposure to fixed income, in order to produce a current income stream and avoid excessive volatility of returns. Equities are included in the Underlying Index to seek to protect long-term purchasing power. SPDJI’s estimation of a conservative target risk allocation may differ from your own.

The Fund is designed for investors seeking current income, capital preservation and avoidance of excessive volatility of returns. As of July 31, 2019, the Underlying Index included a fixed allocation of 30% of its assets in Underlying Funds that invest primarily in equity securities and 70% of its assets in Underlying Funds that invest primarily in bonds. As of July 31, 2019, the Fund invested approximately 29.12% of its assets in Underlying Funds that invest primarily in equity securities, 70.78% of its assets in Underlying Funds that invest primarily in bonds and the remainder of its assets in Underlying Funds that invest primarily in money market instruments.

As of July 31, 2019, the Fund invested in the iShares Core International Aggregate Bond ETF, iShares Core MSCI Emerging Markets ETF, iShares Core MSCI International Developed Markets ETF, iShares Core S&P 500 ETF, iShares Core S&P Mid-Cap ETF, iShares Core S&P Small-Cap ETF, iShares Core Total USD Bond Market ETF and money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”). BFA may add, eliminate or replace any or all Underlying Funds at any time. As of July 31, 2019, a significant portion of the Underlying Index is represented by U.S. treasury securities. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and an Underlying Fund may or may not hold all of the securities in the applicable Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is a product of SPDJI which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Funds), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Affiliated Fund Risk. In managing the Fund, BFA will have the ability to select Underlying Funds and substitute Underlying Funds with other exchange-traded funds (“ETFs”) that it believes will achieve the Fund’s objective. BFA may be subject to potential conflicts of interest in selecting Underlying Funds and substituting Underlying Funds with other ETFs because the fees paid to BFA by some Underlying Funds and other ETFs managed by BFA may be higher than the fees paid by other Underlying Funds. If an Underlying Fund or other ETF holds interests in an affiliated fund in excess of a certain amount, the Fund may be prohibited from purchasing shares of that Underlying Fund or other ETF.

Allocation Risk. The Fund’s ability to achieve its investment objective depends upon the Index Provider's ability to develop a model that accurately assesses the Fund’s asset class allocation and selects the best mix of Underlying Funds and other ETFs. There is a risk that the Index Provider's evaluations and assumptions regarding asset classes or Underlying Funds, which are utilized as inputs in the model, may be incorrect in view of actual market conditions.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or an Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk.  Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for ETFs, such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund or an Underlying Fund may “call” or repay the security before its stated maturity, and the Fund or an Underlying Fund may have to reinvest the proceeds in securities with lower yields, which would result in a decline in the Fund's income, or in securities with greater risks or with other less favorable features.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or an Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may be unable or unwilling to make timely interest and/or principal payments when due or otherwise honor their obligations. Changes in an issuer’s credit rating or the market’s perception of an issuer’s creditworthiness may also adversely affect the value of the Fund’s or an Underlying Fund's investment in that issuer. The degree of credit risk depends on an issuer's or counterparty's financial condition and on the terms of an obligation.

Currency Risk. Because the Fund's and the Underlying Funds' NAVs are determined in U.S. dollars, the Fund's NAV could decline if a currency of a non-U.S. market in which a Fund or an Underlying Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Funds, the Funds' or the Underlying Funds' adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Derivatives Risk. The Fund or an Underlying Fund may invest in certain types of derivatives contracts, including futures, options and swaps, which can be more sensitive to changes in interest rates or to sudden fluctuations in market prices than conventional securities, which can result in greater losses to the Fund.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. Certain Underlying Funds invest in common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s or an Underlying Fund's investments.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or an Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or an Underlying Fund's investments in the affected region.

High Portfolio Turnover Risk. High portfolio turnover (considered by the Fund and the Underlying Funds to mean higher than 100% annually) may result in increased transaction costs to the Fund or an Underlying Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” which may include those bonds rated below “BBB-” by Standard & Poor’s® Global Ratings, a subsidiary of S&P Global, Inc. (“S&P Global Ratings”) and Fitch Ratings, Inc. (“Fitch”) or “Baa3” by Moody's Investors Service, Inc. (“Moody's”)), or are unrated, may be deemed speculative, may involve greater levels of risk than higher-rated securities of similar maturity and may be more likely to default.

Income Risk. The Fund's income may decline if interest rates fall. This decline in income can occur because the Fund or an Underlying Fund may subsequently invest in lower-yielding bonds when bonds in its portfolio mature, are near maturity or are called, bonds in the Underlying Index are substituted, or the Fund or an Underlying Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Interest Rate Risk. An increase in interest rates may cause the value of securities held by the Fund or an Underlying Fund to decline, may lead to heightened volatility in the fixed-income markets and may adversely affect the liquidity of certain fixed-income investments. The historically low interest rate environment, together with recent modest rate increases, heightens the risks associated with rising interest rates.

Investment in Underlying Funds Risk. The Fund invests substantially all of its assets in the Underlying Funds, so the Fund’s investment performance is directly related to the performance of the Underlying Funds. The Fund’s NAV will change with changes in the value of the Underlying Funds and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Funds.

As the Underlying Funds, or the Fund’s allocations among the Underlying Funds, change from time to time, or to the extent that the total annual fund operating expenses of any Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund or an Underlying Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund or the Underlying Funds will not fully replicate their respective indexes, they are subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Funds could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Funds face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Model Risk. Neither the Fund nor BFA can offer assurances that the Underlying Index's allocation model will achieve its intended results or maximize returns or minimize risk, or be appropriate for every investor seeking a particular risk profile.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Funds trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or an Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or an Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or an Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or an Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Operational Risk. The Fund and the Underlying Funds are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Funds and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Funds are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Prepayment Risk. During periods of falling interest rates, issuers of certain debt obligations may repay principal prior to the security’s maturity, which may cause the Fund to have to reinvest in securities with lower yields or higher risk of default, resulting in a decline in the Fund’s income or return potential.

Privately-Issued Securities Risk. The Fund or the Underlying Funds may invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the “1933 Act”). Privately-issued securities are securities that have not been registered under the 1933 Act and as a result may be subject to legal restrictions on resale. Privately-issued securities are generally not traded on established markets. As a result of the absence of a public trading market, privately issued securities may be deemed to be illiquid investments, may be more difficult to value than publicly traded securities and may be subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.

Reinvestment Risk. The Fund or an Underlying Fund may invest a portion of its assets in short-term fixed-income instruments and, as a result, may be adversely affected if interest rates fall because they may have to invest in lower-yielding bonds as bonds mature.

Reliance on Trading Partners Risk. The Fund and certain Underlying Funds invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s or an Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s or an Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund or the Underlying Funds has exposure.

Securities Lending Risk. The Fund or an Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Funds may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Funds could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund or an Underlying Fund.

Structural Risk. The countries in which the Fund or an Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund is expected to invest in the Underlying Funds, the Fund’s realized losses on sales of shares of an Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by an Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of an Underlying Fund, if any, would not offset net capital gains of the Fund.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of a fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in a fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because a fund incurs fees and expenses, while the Underlying Index does not. The Underlying Funds are also subject to tracking error risk in seeking to track their own performance of the applicable underlying indexes.

Treaty/Tax Risk. Certain of the Underlying Funds invest all of their assets that are invested in India in wholly owned subsidiaries located in the Republic of Mauritius (the “Subsidiaries”). These Underlying Funds and the Subsidiaries rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, an Underlying Fund may continue to invest in a Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.

U.S. Treasury Obligations Risk. U.S. Treasury obligations may differ from other securities in their interest rates, maturities, times of issuance and other characteristics and may provide relatively lower returns than those of other securities. Similar to other issuers, changes to the financial condition or credit rating of a government may cause the value of the Fund's or an Underlying Fund's U.S. Treasury obligations to decline.

Valuation Risk. The price the Fund or an Underlying Fund could receive upon the sale of a security or other asset may differ from the Fund's or the Underlying Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's or an Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or an Underlying Fund's shares. Authorized Participants who purchase or redeem shares of the Fund or an Underlying Fund on days when the Fund or an Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or an Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund’s or an Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 10.85%.
The best calendar quarter return during the periods shown above was 6.07% in the 3rd quarter of 2009; the worst was -3.22% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Core Conservative Allocation ETF
One Year
Five Years
Ten Years
Inception Date
iShares Core Conservative Allocation ETF (2.88%) 2.84% 4.79% Nov. 04, 2008
iShares Core Conservative Allocation ETF | Return After Taxes on Distributions [1] (3.78%) 1.99% 4.01%  
iShares Core Conservative Allocation ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (1.57%) 1.89% 3.52%  
S&P Target Risk Conservative Index (Index returns do not reflect deductions for fees, expenses, or taxes) (2.73%) 2.93% 4.87%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 84 R155.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI Multifactor Intl ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI MULTIFACTOR INTL ETF Ticker: INTF                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI Multifactor Intl ETF (the “Fund”) seeks to track the investment results of an index composed of global developed market large- and mid-capitalization stocks, excluding the U.S., that have favorable exposure to target style factors subject to constraints.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 44% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 44.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI World ex USA Diversified Multiple-Factor Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is designed to select equity securities from the MSCI World ex USA Index (the “Parent Index”) that have high exposure to four investment style factors – value, quality, momentum and low size – while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors.

MSCI, in selecting equity securities from the Parent Index, which is comprised of large- and mid-capitalization stocks, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors – value, quality, momentum and low size – is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest & taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward share price to earnings estimates)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the same country over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.

As of July 31, 2019, the Underlying Index consisted of securities from approximately 207 companies from the following countries or regions: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Israel, Italy, Japan, the Netherlands, New Zealand, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index may include large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Low Size Risk. The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (“low size companies”) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Model Risk. Neither the Fund nor BFA can offer assurances that the Index Provider’s model will result in the Fund meeting its investment objective. The Fund may underperform other funds that do not similarly invest.

Momentum Securities Risk. Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Quality Stocks Risk. Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock’s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Value Strategy Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 7.49% in the 3rd quarter of 2016; the worst was -14.50% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI Multifactor Intl ETF | iShares Edge MSCI Multifactor Intl ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.30%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.30%
1 Year rr_ExpenseExampleYear01 $ 31
3 Years rr_ExpenseExampleYear03 97
5 Years rr_ExpenseExampleYear05 169
10 Years rr_ExpenseExampleYear10 $ 381
2016 rr_AnnualReturn2016 (0.21%)
2017 rr_AnnualReturn2017 28.15%
2018 rr_AnnualReturn2018 (15.67%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 9.64%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2016
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 7.49%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (14.50%)
One Year rr_AverageAnnualReturnYear01 (15.67%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 0.96%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 28, 2015
iShares Edge MSCI Multifactor Intl ETF | Return After Taxes on Distributions | iShares Edge MSCI Multifactor Intl ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (16.04%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 0.46% [3]
iShares Edge MSCI Multifactor Intl ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI Multifactor Intl ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (8.78%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 0.80% [3]
iShares Edge MSCI Multifactor Intl ETF | MSCI World ex USA Diversified Multiple-Factor Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (15.58%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 1.07%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 9.64%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 85 R217.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Morningstar Multi-Asset Income ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MORNINGSTAR MULTI-ASSET INCOME ETF Ticker: IYLD                                 Stock Exchange: Cboe BZX
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Morningstar Multi-Asset Income ETF (the “Fund”) seeks to track the investment results of an index composed of underlying equity, fixed income and other income funds that collectively seek to deliver high current income while providing an opportunity for capital appreciation.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.  The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fee in order to limit the Fund’s total annual fund operating expenses after fee waiver to 0.60% through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination November 30, 2021
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund and the underlying funds in which the Fund invests (each, an “Underlying Fund” and collectively, the “Underlying Funds”), may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate for the Fund or Underlying Funds may indicate higher transaction costs and may cause the Fund or the Underlying Funds to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to Underlying Funds included as part of Acquired Fund Fees and Expenses), affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 50% of the average value of its portfolio. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 50.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund is a fund-of-funds and seeks to achieve its investment objective by investing primarily in the securities of the Underlying Funds that themselves seek investment results corresponding to their own underlying indexes. The Fund invests in a combination of Underlying Funds and may also invest in other exchange-traded funds (“ETFs”) (including other iShares funds), U.S. government securities, short-term paper, futures contracts, options on futures contracts, options, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”).

The Morningstar® Multi-Asset High Income IndexSM (the “Underlying Index”) is broadly diversified and seeks to deliver high current income while maintaining long-term capital appreciation.  The goal of the Underlying Index is to represent an allocation strategy to distinct asset classes of 20% equities, 60% fixed-income and 20% in an “alternative income sources” asset class, which consists of Underlying Funds that the index provider, Morningstar, Inc. (“Morningstar” or the “Index Provider”), considers to exhibit both equity and fixed-income-like characteristics. Each asset class has its own risk profile. The Underlying Index is rebalanced and reconstituted quarterly. The Underlying Index is comprised of Underlying Funds within these asset classes that have demonstrated relatively high income on a consistent basis and meet liquidity characteristics as determined by Morningstar's proprietary index methodology.

The 20% equity allocation consists of Underlying Funds that invest primarily in U.S. and non-U.S. equities. The 60% fixed-income allocation consists of Underlying Funds that invest primarily in U.S. and non-U.S. fixed-income securities. The 20% alternative income source allocation generally consists of Underlying Funds that invest primarily in real estate investment trusts (“REITs”) and preferred stocks. When the combined allocation percentages equal less than 100%, the Fund may invest the remainder of its assets in BlackRock Cash Funds. Investments in Underlying Funds that have significant non-U.S. currency exposure will not exceed 25% of the weight of the Underlying Index.

As of July 31, 2019, the Underlying Index included the following Underlying Funds within the equity asset class: iShares Core High Dividend ETF, iShares Select Dividend ETF and iShares International Select Dividend ETF; the following Underlying Funds within the fixed-income asset class: iShares iBoxx $ High Yield Corporate Bond ETF, iShares Intermediate-Term Corporate Bond ETF, iShares J.P. Morgan EM Local Currency Bond ETF, iShares J.P. Morgan USD Emerging Markets Bond ETF and iShares Long-Term Corporate Bond ETF; and the following Underlying Funds within the alternatives asset class: iShares Mortgage Real Estate ETF and iShares Preferred and Income Securities ETF. The Underlying Index may add, eliminate or replace Underlying Funds at any time. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and an Underlying Fund may or may not hold all of the securities in the applicable Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by Morningstar which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Funds), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Affiliated Fund Risk. In managing the Fund, BFA will have the ability to select Underlying Funds and substitute other ETFs which it believes will achieve the Fund’s objective. BFA may be subject to potential conflicts of interest in selecting Underlying Funds and substituting other ETFs because the fees paid to BFA by some Underlying Funds and other ETFs managed by BFA may be higher than the fees paid by other Underlying Funds. If an Underlying Fund or other ETF holds interests in an affiliated fund in excess of a certain amount, the Fund may be prohibited from purchasing shares of that Underlying Fund or other ETF.

Allocation Risk. The Fund’s ability to achieve its investment objective depends upon BFA's ability to develop a model that accurately assesses the Fund’s asset class allocation and selects the best mix of Underlying Funds and other ETFs. There is a risk that BFA's evaluations and assumptions regarding asset classes or Underlying Funds, which are utilized as inputs in the model, may be incorrect in view of actual market conditions.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or an Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk.  Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for ETFs, such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund or an Underlying Fund may “call” or repay the security before its stated maturity, and the Fund or an Underlying Fund may have to reinvest the proceeds in securities with lower yields, which would result in a decline in the Fund's income, or in securities with greater risks or with other less favorable features.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or an Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may be unable or unwilling to make timely interest and/or principal payments when due or otherwise honor their obligations. Changes in an issuer’s credit rating or the market’s perception of an issuer’s creditworthiness may also adversely affect the value of the Fund’s or an Underlying Fund's investment in that issuer. The degree of credit risk depends on an issuer's or counterparty's financial condition and on the terms of an obligation.

Currency Risk. Because the Fund's and the Underlying Funds' NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which an Underlying Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Custody Risk. Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Funds, the Funds' or the Underlying Funds' adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Dividend-Paying Stock Risk. The Fund’s and an Underlying Fund's emphasis on dividend-paying stocks involves the risk that such stocks may fall out of favor with investors and underperform the broader market. Also, there is no guarantee that issuers of the stocks held by the Fund or an Underlying Fund will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time.

Dividend Risk. There is no guarantee that issuers of the stocks held by the Fund or an Underlying Fund will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which an Underlying Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact an Underlying Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or an Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or an Underlying Fund's investments in the affected region.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” which may include those bonds rated below “BBB-” by S&P Global Ratings, a subsidiary of S&P Global, Inc. (“S&P Global Ratings”) and Fitch Ratings, Inc. (“Fitch”) or “Baa3” by Moody's Investors Service, Inc. (“Moody's”)), or are unrated, may be deemed speculative, may involve greater levels of risk than higher-rated securities of similar maturity and may be more likely to default.

Income Risk. The Fund's income may decline if interest rates fall. This decline in income can occur because the Fund or an Underlying Fund may subsequently invest in lower-yielding bonds as bonds in its portfolio mature, are near maturity or are called, bonds in the Underlying Index are substituted, or the Fund or an Underlying Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Interest Rate Risk. An increase in interest rates may cause the value of securities held by the Fund or an Underlying Fund to decline, may lead to heightened volatility in the fixed-income markets and may adversely affect the liquidity of certain fixed-income investments. The historically low interest rate environment, together with recent modest rate increases, heightens the risks associated with rising interest rates.

Investment in Underlying Funds Risk. The Fund expects to invest substantially all of its assets in the Underlying Funds, so the Fund’s investment performance is directly related to the performance of the Underlying Funds. The Fund’s NAV will change with changes in the value of the Underlying Funds and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Funds.

As the Underlying Funds, or the Fund’s allocations among the Underlying Funds, change from time to time, or to the extent that the total annual fund operating expenses of any Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund and the Underlying Funds have exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Funds could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Funds face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S OR THE UNDERLYING FUNDS' SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Model Risk. Neither the Fund nor BFA can offer assurances that the Underlying Index's allocation model will achieve its intended results or maximize returns or minimize risk, or be appropriate for every investor seeking a particular risk profile.

Mortgage REITs Risk. Mortgage REITs are exposed to risks specific to the real estate market, including, among others, credit risk, interest rate risk and leverage risk.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Funds trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or an Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or an Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or an Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund and the Underlying Funds may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Operational Risk. The Fund and the Underlying Funds are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Funds and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Funds are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Privately-Issued Securities Risk. The Fund or the Underlying Funds may invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the “1933 Act”). Privately-issued securities are securities that have not been registered under the 1933 Act and as a result may be subject to legal restrictions on resale. Privately-issued securities are generally not traded on established markets. As a result of the absence of a public trading market, privately issued securities may be deemed to be illiquid investments, may be more difficult to value than publicly traded securities and may be subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.

Privatization Risk. Some countries in which the Fund or an Underlying Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reinvestment Risk. The Fund or an Underlying Fund may invest a portion of its assets in short-term fixed-income instruments and, as a result, may be adversely affected if interest rates fall because they may have to invest in lower-yielding bonds as bonds mature.

Reliance on Trading Partners Risk. The Fund or an Underlying Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments.

Risk of Investing in Emerging Markets. Investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which an Underlying Fund invests.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund or the Underlying Funds have exposure.

Savings Associations Risk. Savings associations are affected by extensive regulations, interest rates, loan losses, decreased availability of money or asset valuation and market conditions. The historically low interest rate environment has created certain risks to savings associations as they continue to re-evaluate their business models and risk appetites to generate returns.

Securities Lending Risk. The Fund or an Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Funds may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Funds could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.

Sovereign and Quasi-Sovereign Obligations Risk. An Underlying Fund may invest in securities issued by or guaranteed by non-U.S. sovereign governments, which may be unable or unwilling to repay principal or interest when due. In times of economic uncertainty, the prices of these securities may be more volatile than those of corporate debt obligations or of other government debt obligations.

Structural Risk. The countries in which the Underlying Funds invest may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund is expected to invest in the Underlying Funds, the Fund’s realized losses on sales of shares of an Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by an Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of an Underlying Fund, if any, would not offset net capital gains of the Fund.

Tracking Error Risk. The Fund and the Underlying Funds may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund and an underlying fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund and an underlying fund incurs fees and expenses, while the Underlying Index does not. The underlying funds are also subject to tracking error risk in seeking to track their own performance of the applicable underlying indexes.

U.S. Government Issuers Risk. Obligations of U.S. government agencies and authorities are supported by varying degrees of credit, but generally are not backed by the full faith and credit of the U.S. government. Similar to other issuers, changes to the financial condition or credit rating of the U.S. government or U.S. government agencies and authorities may cause the value of the Fund's investments to decline.

Valuation Risk. The price the Fund or an Underlying Fund could receive upon the sale of a security or other asset may differ from the Fund's or the Underlying Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's or an Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or an Underlying Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s or an Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 5.56% in the 1st quarter of 2014; the worst was -5.23% in the 2nd quarter of 2013.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Morningstar Multi-Asset Income ETF | iShares Morningstar Multi-Asset Income ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.25%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.37%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.62%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.02%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.60%
1 Year rr_ExpenseExampleYear01 $ 61
3 Years rr_ExpenseExampleYear03 194
5 Years rr_ExpenseExampleYear05 342
10 Years rr_ExpenseExampleYear10 $ 770
2013 rr_AnnualReturn2013 0.57%
2014 rr_AnnualReturn2014 10.15%
2015 rr_AnnualReturn2015 (4.77%)
2016 rr_AnnualReturn2016 9.79%
2017 rr_AnnualReturn2017 10.87%
2018 rr_AnnualReturn2018 (4.75%) [1]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 10.90%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2014
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 5.56%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (5.23%)
One Year rr_AverageAnnualReturnYear01 (4.75%)
Five Years rr_AverageAnnualReturnYear05 3.99%
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.32%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 03, 2012
iShares Morningstar Multi-Asset Income ETF | Return After Taxes on Distributions | iShares Morningstar Multi-Asset Income ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (6.65%) [2]
Five Years rr_AverageAnnualReturnYear05 2.04% [2]
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.32% [2]
iShares Morningstar Multi-Asset Income ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Morningstar Multi-Asset Income ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (2.57%) [2]
Five Years rr_AverageAnnualReturnYear05 2.34% [2]
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.57% [2]
iShares Morningstar Multi-Asset Income ETF | Morningstar Multi-Asset High Income Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (4.78%)
Five Years rr_AverageAnnualReturnYear05 3.96%
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.31%
[1] The Fund’s year-to-date return as of September 30, 2019 was 10.90%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 86 R172.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI Multifactor USA Small-Cap ETF
iSHARES® EDGE MSCI MULTIFACTOR USA SMALL-CAP ETF Ticker: SMLF                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Edge MSCI Multifactor USA Small-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. small-capitalization stocks that have favorable exposure to target style factors subject to constraints.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Edge MSCI Multifactor USA Small-Cap ETF | iShares Edge MSCI Multifactor USA Small-Cap ETF 0.30% none none [1] 0.30%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI Multifactor USA Small-Cap ETF | iShares Edge MSCI Multifactor USA Small-Cap ETF | USD ($) 31 97 169 381
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 45% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI USA Small Cap Diversified Multiple-Factor Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is designed to select equity securities from the MSCI USA Small Cap Index (the “Parent Index”) that have high exposure to four investment style factors – value, quality, momentum and low size – while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors. Small capitalization companies, as calculated by MSCI, represent the bottom 14% of the free floated-adjusted market capitalization in the U.S. securities market, as determined by MSCI.

MSCI, in selecting equity securities from the Parent Index, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors – value, quality, momentum and low size – is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest & taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward earnings estimates to share price)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the same country over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.

As of July 31, 2019, the Underlying Index consisted of securities from approximately 488 companies from the U.S. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the healthcare and technology industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Healthcare Sector Risk. The profitability of companies in the healthcare sector may be affected by government regulations and government healthcare programs, increases or decreases in the cost of medical products and services, an increased emphasis on outpatient services, and product liability claims, among other factors. Many healthcare companies are heavily dependent on patent protection, and the expiration of a company’s patent may adversely affect that company’s profitability. Healthcare companies are subject to competitive forces that may result in price discounting, and may be thinly capitalized and susceptible to product obsolescence.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Low Size Risk. The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (“low size companies”) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Model Risk. Neither the Fund nor BFA can offer assurances that the Index Provider’s model will result in the Fund meeting its investment objective. The Fund may underperform other funds that do not similarly invest.

Momentum Securities Risk. Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Quality Stocks Risk. Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock’s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Value Strategy Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 12.56%.
The best calendar quarter return during the periods shown above was 11.96% in the 4th quarter of 2016; the worst was -17.52% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI Multifactor USA Small-Cap ETF
One Year
Since Fund Inception
Inception Date
iShares Edge MSCI Multifactor USA Small-Cap ETF (8.17%) 5.81% Apr. 28, 2015
iShares Edge MSCI Multifactor USA Small-Cap ETF | Return After Taxes on Distributions [1] (8.40%) 5.55%  
iShares Edge MSCI Multifactor USA Small-Cap ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (4.65%) 4.49%  
MSCI USA Small Cap Diversified Multiple-Factor Index (Index returns do not reflect deductions for fees, expenses, or taxes) (8.01%) 6.16%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 87 R37.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Core Aggressive Allocation ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iShares Core Aggressive Allocation ETF Ticker: AOA                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Core Aggressive Allocation ETF (the “Fund”) seeks to track the investment results of an index composed of a portfolio of underlying equity and fixed income funds intended to represent an aggressive target risk allocation strategy.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.  The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination November 30, 2021
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund and the iShares funds in which the Fund invests (each, an “Underlying Fund” and collectively, the “Underlying Funds”), may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolio). A higher portfolio turnover rate for the Fund or Underlying Funds may indicate higher transaction costs and may cause the Fund or Underlying Funds to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to Underlying Funds included as part of Acquired Fund Fees and Expenses), affect the Fund's performance. To the extent an Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. During the most recent fiscal year, the Fund’s portfolio turnover rate was 4% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 4.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows:
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund is a fund of funds and seeks to achieve its investment objective by investing primarily in Underlying Funds that themselves seek investment results corresponding to their own respective underlying indexes. The Underlying Funds invest primarily in distinct asset classes, such as large- or mid-capitalization U.S. or non-U.S. equity, the aggregate bond market (including USD-denominated bonds) or the U.S. Treasury bond market; each such asset class has its own risk profile.

The S&P Target Risk Aggressive Index (the “Underlying Index”) is composed of a portfolio of equity and fixed-income Underlying Funds and measures the performance of the S&P Dow Jones Indices LLC (the “Index Provider” or “SPDJI”) proprietary allocation model that is intended to represent an “aggressive” target risk allocation strategy as defined by SPDJI. The Underlying Index seeks to emphasize exposure to equities, maximizing opportunities for long-term capital accumulation. The Underlying Index may include small allocations in fixed income to enhance portfolio efficiency. SPDJI’s estimation of an aggressive target risk allocation may differ from your own.

The Fund is designed for investors seeking long-term capital appreciation. As of July 31, 2019, the Underlying Index included a fixed allocation of 80% of its assets in Underlying Funds that invest primarily in equity securities and 20% of its assets in Underlying Funds that invest primarily in bonds. As of July 31, 2019, the Fund invested approximately 79.25% of its assets in Underlying Funds that invest primarily in equity securities, 20.64% of its assets in Underlying Funds that invest primarily in bonds and the remainder of its assets in Underlying Funds that invest primarily in money market instruments.

As of July 31, 2019, the Fund invested in the iShares Core International Aggregate Bond ETF, iShares Core MSCI Emerging Markets ETF, iShares Core MSCI International Developed Markets ETF, iShares Core S&P 500 ETF, iShares Core S&P Mid-Cap ETF, iShares Core S&P Small-Cap ETF, iShares Core Total USD Bond Market ETF and money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”). BFA may add, eliminate or replace any or all Underlying Funds at any time. As of July 31, 2019, a significant portion of the Underlying Index is represented by companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and an Underlying Fund may or may not hold all of the securities in the applicable Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is a product of SPDJI which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Funds), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Affiliated Fund Risk. In managing the Fund, BFA will have the ability to select Underlying Funds and substitute Underlying Funds with other exchange-traded funds (“ETFs”) that it believes will achieve the Fund’s objective. BFA may be subject to potential conflicts of interest in selecting Underlying Funds and substituting Underlying Funds with other ETFs because the fees paid to BFA by some Underlying Funds and other ETFs managed by BFA may be higher than the fees paid by other Underlying Funds. If an Underlying Fund or other ETF holds interests in an affiliated fund in excess of a certain amount, the Fund may be prohibited from purchasing shares of that Underlying Fund or other ETF.

Allocation Risk. The Fund’s ability to achieve its investment objective depends upon the Index Provider's ability to develop a model that accurately assesses the Fund’s asset class allocation and selects the best mix of Underlying Funds and other ETFs. There is a risk that the Index Provider's evaluations and assumptions regarding asset classes or Underlying Funds, which are utilized as inputs in the model, may be incorrect in view of actual market conditions.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or an Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk.  Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for ETFs, such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund or an Underlying Fund may “call” or repay the security before its stated maturity, and the Fund or an Underlying Fund may have to reinvest the proceeds in securities with lower yields, which would result in a decline in the Fund's income, or in securities with greater risks or with other less favorable features.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or an Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may be unable or unwilling to make timely interest and/or principal payments when due or otherwise honor their obligations. Changes in an issuer’s credit rating or the market’s perception of an issuer’s creditworthiness may also adversely affect the value of the Fund’s or an Underlying Fund's investment in that issuer. The degree of credit risk depends on an issuer's or counterparty's financial condition and on the terms of an obligation.

Currency Risk. Because the Fund's and the Underlying Funds' NAVs are determined in U.S. dollars, the Fund's NAV could decline if a currency of a non-U.S. market in which a Fund or an Underlying Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Funds, the Funds' or the Underlying Funds' adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Derivatives Risk. The Fund or an Underlying Fund may invest in certain types of derivatives contracts, including futures, options and swaps, which can be more sensitive to changes in interest rates or to sudden fluctuations in market prices than conventional securities, which can result in greater losses to the Fund.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. Certain Underlying Funds invest in common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s or an Underlying Fund's investments.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or an Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or an Underlying Fund's investments in the affected region.

High Portfolio Turnover Risk. High portfolio turnover (considered by the Fund and the Underlying Funds to mean higher than 100% annually) may result in increased transaction costs to the Fund or an Underlying Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” which may include those bonds rated below “BBB-” by Standard & Poor’s® Global Ratings, a subsidiary of S&P Global, Inc. (“S&P Global Ratings”) and Fitch Ratings, Inc. (“Fitch”) or “Baa3” by Moody's Investors Service, Inc. (“Moody's”)), or are unrated, may be deemed speculative, may involve greater levels of risk than higher-rated securities of similar maturity and may be more likely to default.

Income Risk. The Fund's income may decline if interest rates fall. This decline in income can occur because the Fund or an Underlying Fund may subsequently invest in lower-yielding bonds when bonds in its portfolio mature, are near maturity or are called, bonds in the Underlying Index are substituted, or the Fund or an Underlying Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Interest Rate Risk. An increase in interest rates may cause the value of securities held by the Fund or an Underlying Fund to decline, may lead to heightened volatility in the fixed-income markets and may adversely affect the liquidity of certain fixed-income investments. The historically low interest rate environment, together with recent modest rate increases, heightens the risks associated with rising interest rates.

Investment in Underlying Funds Risk. The Fund invests substantially all of its assets in the Underlying Funds, so the Fund’s investment performance is directly related to the performance of the Underlying Funds. The Fund’s NAV will change with changes in the value of the Underlying Funds and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Funds.

As the Underlying Funds, or the Fund’s allocations among the Underlying Funds, change from time to time, or to the extent that the total annual fund operating expenses of any Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund or an Underlying Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund or the Underlying Funds will not fully replicate their respective indexes, they are subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Funds could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Funds face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Model Risk. Neither the Fund nor BFA can offer assurances that the Underlying Index's allocation model will achieve its intended results or maximize returns or minimize risk, or be appropriate for every investor seeking a particular risk profile.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Funds trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or an Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or an Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or an Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or an Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund and the Underlying Funds are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Funds and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Funds are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Prepayment Risk. During periods of falling interest rates, issuers of certain debt obligations may repay principal prior to the security’s maturity, which may cause the Fund to have to reinvest in securities with lower yields or higher risk of default, resulting in a decline in the Fund’s income or return potential.

Privately-Issued Securities Risk. The Fund or the Underlying Funds may invest in privately-issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended (the “1933 Act”). Privately-issued securities are securities that have not been registered under the 1933 Act and as a result may be subject to legal restrictions on resale. Privately-issued securities are generally not traded on established markets. As a result of the absence of a public trading market, privately issued securities may be deemed to be illiquid investments, may be more difficult to value than publicly traded securities and may be subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the Fund.

Reinvestment Risk. The Fund or an Underlying Fund may invest a portion of its assets in short-term fixed-income instruments and, as a result, may be adversely affected if interest rates fall because they may have to invest in lower-yielding bonds as bonds mature.

Reliance on Trading Partners Risk. The Fund and certain Underlying Funds invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s or an Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s or an Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund or the Underlying Funds has exposure.

Securities Lending Risk. The Fund or an Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Funds may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Funds could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund or an Underlying Fund.

Structural Risk. The countries in which the Fund or an Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund is expected to invest in the Underlying Funds, the Fund’s realized losses on sales of shares of an Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by an Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of an Underlying Fund, if any, would not offset net capital gains of the Fund.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of a fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in a fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because a fund incurs fees and expenses, while the Underlying Index does not. The Underlying Funds are also subject to tracking error risk in seeking to track their own performance of the applicable underlying indexes.

Treaty/Tax Risk. Certain of the Underlying Funds invest all of their assets that are invested in India in wholly owned subsidiaries located in the Republic of Mauritius (the “Subsidiaries”). These Underlying Funds and the Subsidiaries rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, an Underlying Fund may continue to invest in a Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.

Valuation Risk. The price the Fund or an Underlying Fund could receive upon the sale of a security or other asset may differ from the Fund's or the Underlying Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's or an Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or an Underlying Fund's shares. Authorized Participants who purchase or redeem shares of the Fund or an Underlying Fund on days when the Fund or an Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or an Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund’s or an Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 16.68% in the 2nd quarter of 2009; the worst was -15.39% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Core Aggressive Allocation ETF | iShares Core Aggressive Allocation ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.25%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.06%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.31%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.06%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.25%
1 Year rr_ExpenseExampleYear01 $ 26
3 Years rr_ExpenseExampleYear03 87
5 Years rr_ExpenseExampleYear05 162
10 Years rr_ExpenseExampleYear10 $ 381
2009 rr_AnnualReturn2009 26.38%
2010 rr_AnnualReturn2010 16.95%
2011 rr_AnnualReturn2011 (1.80%)
2012 rr_AnnualReturn2012 15.14%
2013 rr_AnnualReturn2013 22.40%
2014 rr_AnnualReturn2014 6.01%
2015 rr_AnnualReturn2015 (0.99%)
2016 rr_AnnualReturn2016 7.63%
2017 rr_AnnualReturn2017 20.04%
2018 rr_AnnualReturn2018 (7.76%) [1]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 14.54%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 16.68%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (15.39%)
One Year rr_AverageAnnualReturnYear01 (7.76%)
Five Years rr_AverageAnnualReturnYear05 4.58%
Ten Years rr_AverageAnnualReturnYear10 9.85%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 04, 2008
iShares Core Aggressive Allocation ETF | Return After Taxes on Distributions | iShares Core Aggressive Allocation ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (8.29%) [2]
Five Years rr_AverageAnnualReturnYear05 3.80% [2]
Ten Years rr_AverageAnnualReturnYear10 9.20% [2]
iShares Core Aggressive Allocation ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Core Aggressive Allocation ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (4.25%) [2]
Five Years rr_AverageAnnualReturnYear05 3.44% [2]
Ten Years rr_AverageAnnualReturnYear10 8.01% [2]
iShares Core Aggressive Allocation ETF | S&P Target Risk Aggressive Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (7.65%)
Five Years rr_AverageAnnualReturnYear05 4.69%
Ten Years rr_AverageAnnualReturnYear10 9.97%
[1] The Fund’s year-to-date return as of September 30, 2019 was 14.54%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 88 BarChart18.png IDEA: XBRL DOCUMENT begin 644 BarChart18.png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
XML 89 R208.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Genomics Immunology and Healthcare ETF
iSHARES® GENOMICS IMMUNOLOGY AND HEALTHCARE ETF Ticker: IDNA                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Genomics Immunology and Healthcare ETF (the “Fund”) seeks to track the investment results of an index composed of developed and emerging market companies that could benefit from the long-term growth and innovation in genomics, immunology and bioengineering.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Genomics Immunology and Healthcare ETF | iShares Genomics Immunology and Healthcare ETF 0.47% none none [1] 0.47%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
iShares Genomics Immunology and Healthcare ETF | iShares Genomics Immunology and Healthcare ETF | USD ($) 48 151
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. From inception, June 11, 2019, to the most recent fiscal year end, the Fund's portfolio turnover rate was 19% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the NYSE® FactSet® Global Genomics and Immuno Biopharma IndexTM (the “Underlying Index”), which measures the performance of equity securities issued by companies in the biopharmaceutical and healthcare equipment and services industries that could benefit from the long-term growth and innovation in genomics, immunology and bioengineering, as determined by ICE Data Indices, LLC or its affiliates (the “Index Provider” or “IDI”). The Underlying Index is composed of equity securities primarily listed in one of 43 developed and emerging market countries. Companies must have equal to or greater than 50% of their revenue from one or more selected Level 6 industries, as defined by the FactSet Revere Business Industry Classification System (“RBICS”), which includes biopharmaceutical industries, healthcare equipment industries, and healthcare services industries. Companies selected from these industries are assigned a Genomics and Immuno Biopharma Composite Relationship Keyword score (a “Score”). To compute a Score for a company, the Index Provider searches the FactSet Supply Chain Relationships database for keywords related to genomics and immunology products and technologies. A Score is provided to each company identified in the database search based on the number of relationships a company has to genomics and immunology products. The top 50 companies with the highest Scores are selected for inclusion in the Underlying Index.The Underlying Index will be reviewed and reconstituted annually in December each year. Constituent weights of the Underlying Index are determined according to float-adjusted market capitalization and are rebalanced semi-annually. Individual constituents are capped at 4% of the Underlying Index. The aggregate weight of component securities classified in the RBICS Level 6 industry Diversified Biopharmaceuticals is capped at 25%, with excess weight redistributed proportionately among remaining constituents. The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019 a significant portion of the Underlying Index is represented by securities of companies in the healthcare industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund. During the first year of its operations, the Fund may not be able to purchase or gain exposure to certain of the component securities in the Underlying Index or may hold fewer of or have less exposure to such securities than contemplated by the Underlying Index. As a result, BFA expects that the Fund may experience higher tracking error than is typical for similar index ETFs.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by IDI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Biopharmaceuticals Industry Risk. Companies in the biopharmaceuticals industry may be highly volatile and affected by industry competition, dependency on a limited number of products, obsolescence of products, government approvals and regulations, loss or impairment of intellectual property rights and litigation regarding product liability.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Healthcare Sector Risk. The profitability of companies in the healthcare sector may be affected by government regulations and government healthcare programs, increases or decreases in the cost of medical products and services, an increased emphasis on outpatient services, and product liability claims, among other factors. Many healthcare companies are heavily dependent on patent protection, and the expiration of a company’s patent may adversely affect that company’s profitability. Healthcare companies are subject to competitive forces that may result in price discounting, and may be thinly capitalized and susceptible to product obsolescence.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk and North American Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Thematic Investing Risk. The Fund relies on the Index Provider for the identification of securities for inclusion in the Underlying Index that reflect themes and sub-themes and its performance may suffer if such securities are not correctly identified or if a theme or sub-theme develops in an unexpected manner. Performance may also suffer if the stocks included in the Underlying Index do not benefit from the development of such themes or sub-themes. Performance may also be impacted by the inclusion of non-theme-relevant exposures in the Underlying Index. There is no guarantee that the Underlying Index will reflect the theme and sub-theme exposures intended.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. BFA EXPECTS THAT THE FUND MAY EXPERIENCE HIGHER TRACKING ERROR THAN IS TYPICAL FOR SIMILAR INDEX ETFs, ESPECIALLY BEFORE THE FUND REACHES SUFFICIENT SCALE AND FURTHER BROADENS ITS HOLDINGS.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
XML 90 R195.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI USA Size Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI USA SIZE FACTOR ETF Ticker: SIZE                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI USA Size Factor ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with relatively smaller average market capitalization.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 30% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 30.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI USA Low Size Index (the “Underlying Index”), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index (the “Parent Index”). The Parent Index includes U.S. large- and mid-capitalization stocks, as defined by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is constructed by applying a mathematical formula at each rebalancing that reweights the components of its market capitalization-weighted Parent Index, such that the representation of smaller capitalization companies is increased relative to larger capitalization companies. In addition, at each rebalancing, the Index Provider calculates a “constraint factor” for each component. The constraint factor is the ratio of the component’s weight in the Underlying Index to that component’s weight in the Parent Index. The constraint factor is held constant between each rebalancing, except in the case of corporate events (as defined by the Index Provider). Changes in the relative weight of an individual component in the Parent Index due to market appreciation/depreciation result in that component increasing/decreasing in weight in the Underlying Index to hold the constraint factor for that component constant between each rebalancing. The Underlying Index is rebalanced semi-annually in May and November. As of July 31, 2019, there are 639 component securities in the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Low Size Risk. The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (“low size companies”) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 7.39% in the 4th quarter of 2014; the worst was -12.49% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Market Index Changed rr_PerformanceTableMarketIndexChanged On December 3, 2018, the Fund’s Underlying Index changed from the MSCI USA Risk Weighted Index to the MSCI USA Low Size Index.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI USA Size Factor ETF | iShares Edge MSCI USA Size Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.15%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.15%
1 Year rr_ExpenseExampleYear01 $ 15
3 Years rr_ExpenseExampleYear03 48
5 Years rr_ExpenseExampleYear05 85
10 Years rr_ExpenseExampleYear10 $ 192
2014 rr_AnnualReturn2014 15.78%
2015 rr_AnnualReturn2015 0.37%
2016 rr_AnnualReturn2016 13.32%
2017 rr_AnnualReturn2017 18.88%
2018 rr_AnnualReturn2018 (6.51%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 19.92%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Dec. 31, 2014
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 7.39%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (12.49%)
One Year rr_AverageAnnualReturnYear01 (6.51%)
Five Years rr_AverageAnnualReturnYear05 7.92%
Since Fund Inception rr_AverageAnnualReturnSinceInception 9.62%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 16, 2013
iShares Edge MSCI USA Size Factor ETF | Return After Taxes on Distributions | iShares Edge MSCI USA Size Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (7.04%) [3]
Five Years rr_AverageAnnualReturnYear05 7.39% [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 9.08% [3]
iShares Edge MSCI USA Size Factor ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI USA Size Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (3.49%) [3]
Five Years rr_AverageAnnualReturnYear05 6.17% [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 7.59% [3]
iShares Edge MSCI USA Size Factor ETF | MSCI USA Risk Weighted Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (5.19%) [4]
Five Years rr_AverageAnnualReturnYear05 8.34% [4]
Since Fund Inception rr_AverageAnnualReturnSinceInception 10.02% [4]
iShares Edge MSCI USA Size Factor ETF | MSCI USA Low Size Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 [4]
Five Years rr_AverageAnnualReturnYear05 [4]
Since Fund Inception rr_AverageAnnualReturnSinceInception [4]
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 19.92%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
[4] On December 3, 2018, the Fund’s Underlying Index changed from the MSCI USA Risk Weighted Index to the MSCI USA Low Size Index. The inception date of the MSCI USA Low Size Index was September 11, 2018.
XML 91 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Adaptive Currency Hedged MSCI EAFE ETF
iSHARES® ADAPTIVE CURRENCY HEDGED MSCI EAFE ETF Ticker: DEFA                                 Stock Exchange: Cboe BZX
Investment Objective
The iShares Adaptive Currency Hedged MSCI EAFE ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization equities in Europe, Australasia, and the Far East while dynamically hedging currency risk for a U.S. dollar based investor.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees so that the Fund's total annual fund operating expenses after fee waiver is equal to the Acquired Fund Fees and Expenses attributable to the Fund's investment in the iShares MSCI EAFE ETF (“EFA” or the “Underlying Fund”), after taking into account any fee waivers by EFA, plus 0.03% through November 30, 2020. The contractual waiver may be terminated prior to November 30, 2020 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares Adaptive Currency Hedged MSCI EAFE ETF | iShares Adaptive Currency Hedged MSCI EAFE ETF 0.38% none none 0.32% 0.70% (0.35%) 0.35%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Adaptive Currency Hedged MSCI EAFE ETF | iShares Adaptive Currency Hedged MSCI EAFE ETF | USD ($) 36 188 355 837
Portfolio Turnover.
The Fund and the Underlying Fund in which the Fund principally invests, the iShares MSCI EAFE ETF, may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolios). A higher portfolio turnover rate for the Fund or the Underlying Fund may indicate higher transaction costs and may cause the Fund or the Underlying Fund to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to the Underlying Fund included as part of Acquired Fund Fees and Expenses), affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 8% of the average value of its portfolio. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI EAFE Adaptive Hedge to USD Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) as an equity benchmark for international stock performance with the foreign currency exposure of the securities included in the Underlying Index dynamically hedged against the U.S. dollar. The Index Provider systematically determines the hedging weights through analysis of four currency risk indicators: carry, momentum, value, and volatility. As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

The Fund seeks to achieve its investment objective by investing a substantial portion of its assets in the Underlying Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund and the Underlying Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities or other instruments comprising an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and the Underlying Fund may or may not hold all of the securities and other components of the applicable underlying index.

The Fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the Underlying Fund) and other instruments of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Components of the Underlying Index include equity securities and currency forward contracts (both deliverable and non-deliverable) designed to hedge against non-U.S. currency fluctuations. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

In order to track the “hedging” component of the Underlying Index, which attempts to mitigate currency risk, the Fund intends to enter into currency forward contracts designed to offset the Fund’s holdings in component securities denominated in a non-U.S. dollar currency. A currency forward contract is a contract between two parties to buy or sell a specified amount of a specific currency in the future at an agreed-upon exchange rate. The Fund’s exposure to currency forward contracts is based on the exposure of the Fund to the component securities and a hedge ratio (“Hedge Ratio”), as calculated by MSCI.

The Underlying Index applies a methodology, based on the Hedge Ratio, that sells the total value or a portion of the total value of each non-U.S. dollar currency in which the securities of the Underlying Index are denominated in the form of a one-month currency contract to create a “hedge” against fluctuations in the relative value of the currencies in relation to the U.S. dollar. The Hedge Ratio is based on four commonly used indicators for measuring currency risk, which are equally weighted and include: value (relative purchasing power between the foreign currency and the U.S. dollar based on exchange rates over a long-term average), momentum (relative price momentum of the foreign currency compared against the U.S. dollar over the previous six months), carry (differences in short-term interest rates between the foreign currency and the U.S. dollar over a long-term average), and volatility (relative price volatility of the foreign currency based on the currency’s one-month average against its six-month average). The overall effect, since the four indicators are equally weighted, is that each foreign currency represented by constituent weights in the Underlying Index can be unhedged, 25% hedged, 50% hedged, 75% hedged or fully hedged relative to the U.S. dollar.

The hedge (based on the Hedge Ratio) is reset on a monthly basis by MSCI and will not be adjusted intra-month based on movement in the value of the underlying equity securities and/or currencies, or based on the four indicators. The Underlying Index may therefore be slightly “over-hedged” (if equity values decline) or “under-hedged” (if the equity values increase) between the month-end rebalances. The Underlying Index is therefore intended to have higher returns than an equivalent unhedged investment when the non-U.S. dollar component currencies are weakening relative to the U.S. dollar. Conversely, the Underlying Index is therefore intended to have lower returns than an equivalent unhedged investment when the non-U.S. dollar component currencies are strengthening relative to the U.S. dollar.

While the use of currency forward contracts, based on the Hedge Ratio, is designed to minimize the impact of the strengthening or weakening of a foreign currency on Fund returns, it does not necessarily eliminate the Fund’s exposure to the non-U.S. dollar component currencies. The return of the currency forward contracts may not perfectly offset the actual fluctuations in value between the non-U.S. dollar component currencies and the U.S. dollar.

The Fund may use non-deliverable forward (“NDF”) contracts to execute its hedging transactions. An NDF is a contract where there is no physical settlement of two currencies at maturity. Rather, based on the movements of the currencies and the contractually agreed-upon exchange rate, a net cash settlement will be made by one party to the other.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities and currency forwards in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Fund), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or the Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this Prospectus), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or the Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Hedging Risk. When a derivative is used as a hedge against a position that the Fund or the Underlying Fund holds, any loss generated by the derivative generally should be substantially offset by gains on the hedged investment, and vice versa. While hedging can reduce or eliminate losses, it can also reduce or eliminate gains. Hedges are sometimes subject to imperfect matching between the derivative and its reference asset, and there can be no assurance that the calculation methodology for the currency hedging or the Fund’s hedging transactions, when implemented, will be effective.

In seeking to track the “hedging” component of the Underlying Index, the Fund invests in currency forward contracts (which may include both physically-settled forward contracts and NDFs) designed to hedge the currency exposure of non-U.S. dollar denominated securities held in its portfolio (directly or indirectly through its investment in the Underlying Fund). NDFs may be less liquid than deliverable currency forward contracts and require the Fund to post variation margin to the counterparty, which can increase costs for the Fund. A lack of liquidity in NDFs of the hedged currency could result in the Fund being unable to structure its hedging transactions as intended. In addition, BFA may seek to limit the size of the Fund in order to attempt to reduce the likelihood of a situation where the Fund is unable to obtain sufficient liquidity in an underlying currency hedge to implement its investment objective.

Currency forward contracts, including NDFs, do not eliminate movements in the value of non-U.S. currencies and securities but rather allow the Fund to establish a fixed rate of exchange for a future point in time. Exchange rates may be volatile and may change quickly and unpredictably in response to both global economic developments and economic conditions in a geographic region in which the Fund or the Underlying Fund invests. In addition, in order to minimize transaction costs, or for other reasons, the Fund’s exposure to the non-U.S. dollar component currencies may not be fully hedged to the extent indicated by the Hedge Ratio, as determined by the indicators described in the Fund's principal investment strategies. At certain times, the Fund may use an optimized hedging strategy and will hedge a smaller number of non-U.S. dollar component currencies to reduce hedging costs. In addition, each currency's hedge is reset on a monthly basis and will not be adjusted during the month based on movement in the value of the component securities or currencies. As a result, the Underlying Index may be “over-hedged” or “under-hedged” between month-end rebalances. Furthermore, while the Fund is designed to hedge against currency fluctuations, it is possible that a degree of currency exposure may remain even at the time a hedging transaction is implemented. As a result, the Fund may not be able to structure its hedging transactions as anticipated or its hedging transactions may not successfully reduce the currency risk included in the Fund’s portfolio. Because currency forwards are over-the-counter instruments, the Fund is subject to counterparty risk as well as market or liquidity risk with respect to the hedging transactions the Fund enters into. Currency hedging activity exposes the Fund to credit risk due to counterparty exposure. This risk will be higher to the extent that the Fund trades with a single counterparty or small number of counterparties.

The effectiveness of the Fund’s currency hedging strategy will in general be affected by the volatility of both the Underlying Index and the volatility of the U.S. dollar relative to the currencies to be hedged, measured on an aggregate basis. Increased volatility in either or both of the Underlying Index and the U.S. dollar relative to the currencies to be hedged will generally reduce the effectiveness of the Fund’s currency hedging strategy as calculated by MSCI. In addition, volatility in one or more of the currencies may offset stability in another currency and reduce the overall effectiveness of the hedges. The effectiveness of the Fund’s currency hedging strategy may also in general be affected by interest rates. Significant differences between U.S. dollar interest rates and some or all of the applicable foreign currency interest rates may impact the effectiveness of the Fund’s currency hedging strategy.

Currency Risk. Because the Fund's and the Underlying Fund's NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of one or more of the non-U.S. markets in which the Fund or the Underlying Fund invests depreciates against the U.S. dollar and the depreciation of one currency is not offset by appreciation in another currency and/or the Fund's attempt to hedge currency exposure to the depreciating currency or currencies is unsuccessful. Generally, an increase in the value of the U.S. dollar against the non-U.S. dollar component currencies will reduce the value of a security denominated in such currencies, as applicable. In addition, fluctuations in the exchange rates of currencies could affect the economy or particular business operations of companies in a geographic region, including securities in which the Fund or the Underlying Fund invests, causing an adverse impact on the Fund’s or the Underlying Fund’s investments in the affected region and the U.S. As a result, investors have the potential for losses regardless of the length of time they intend to hold Fund shares. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Fund, the Fund's or the Underlying Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or the issuers of securities in which the Fund or the Underlying Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or issuers of securities in which the Fund or the Underlying Fund invests.

Derivatives Risk. The Fund will use currency forwards and NDFs to hedge the currency exposure resulting from investments in the foreign currency-denominated securities held by the Fund or the Underlying Fund. The Fund’s or the Underlying Fund's use of these instruments, like investments in other derivatives, may reduce the Fund’s or the Underlying Fund's returns, increase volatility and/or result in losses due to credit risk or ineffective hedging strategies. Volatility is defined as the characteristic of a security, a currency, an index or a market, to fluctuate significantly in price within a defined time period. Currency forwards, like other derivatives, are also subject to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. A risk of the Fund’s or the Underlying Fund's use of derivatives is that the fluctuations in their values may not correlate perfectly with the value of the currency or currencies being hedged as compared to that of the U.S. dollar. The possible lack of a liquid secondary market for derivatives and the resulting inability of the Fund or the Underlying Fund to sell or otherwise close a derivatives position could expose the Fund or the Underlying Fund to losses and could make derivatives more difficult for the Fund or the Underlying Fund to value accurately. The Fund or the Underlying Fund could also suffer losses related to its derivatives positions as a result of unanticipated market movements, which losses are potentially unlimited. BFA’s use of derivatives is not intended to predict the direction of securities prices, currency exchange rates, interest rates and other economic factors, which could cause the Fund’s derivatives positions to lose value. Derivatives may give rise to a form of leverage and may expose the Fund or the Underlying Fund to greater risk and increase its costs. Regulatory requirements may make derivatives more costly, may limit the availability of derivatives, and may delay or restrict the exercise of remedies by the Fund upon a counterparty default under derivatives held by the Fund (which could result in losses), remedies or termination rights by the Fund, and may otherwise adversely affect the value and performance of derivatives.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or the Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or the Underlying Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Investment in Underlying Fund Risk. The Fund expects to invest a substantial portion of its assets in the Underlying Fund, so the Fund’s investment performance is likely to be directly related to the performance of the Underlying Fund. The Fund’s NAV will change with changes in the value of the Underlying Fund and other instruments in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Fund, including as a result of the currency hedging activity conducted by the Fund.

As the Fund’s allocation to the Underlying Fund changes from time to time, or to the extent that the total annual fund operating expenses of the Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities and other instruments to which the Fund and the Underlying Fund have exposure. Changes in the financial condition or credit rating of an issuer of those securities or counterparty on other instruments may cause the value of the securities or instruments to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Fund face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, losses due to ineffective currency hedges, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S AND THE UNDERLYING FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Model Risk. Neither the Fund nor BFA can offer assurances that the allocation and hedging model used to calculate the Underlying Index will achieve its intended results.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or the Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or the Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or the Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or the Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities  or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund and the Underlying Fund are specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund and the Underlying Fund are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s or the Underlying Fund's service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Fund are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund and the Underlying Fund invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund and the Underlying Fund are specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s or the Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s or the Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund or the Underlying Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund and the Underlying Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the European Union (the “EU”) (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund and the Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Structural Risk. The countries in which the Fund or the Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund invests in the Underlying Fund, the Fund’s realized losses on sales of shares of the Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by the Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of the Underlying Fund, if any, would not offset net capital gains of the Fund. Each of these effects is caused by the Fund’s investment in the Underlying Fund and may result in distributions to Fund shareholders being of higher magnitude and less likely to qualify for lower capital gain tax rates than if the Fund were to invest directly in the securities and other instruments comprising the Underlying Index. The Fund invests in derivatives. The federal income tax treatment of a derivative may not be as favorable as a direct investment in an underlying asset. Derivatives may produce taxable income and taxable realized gain. Derivatives may adversely affect the timing, character and amount of income the Fund realizes from its investments. As a result, a larger portion of the Fund’s distributions may be treated as ordinary income rather than as capital gains. In addition, certain derivatives are subject to mark-to-market or straddle provisions of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”). If such provisions are applicable, there could be an increase (or decrease) in the amount of taxable dividends paid by the Fund. Income from swaps is generally taxable. In addition, the tax treatment of certain derivatives, such as swaps, is unsettled and may be subject to future legislation, regulation or administrative pronouncements issued by the U.S. Internal Revenue Service (“IRS”).

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities (including shares of the Underlying Fund) and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund’s valuation of a security at the time of calculation of the Fund’s NAV), transaction and hedging costs incurred and forward rates achieved by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or other distributions, interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index and the cost to the Fund of complying with various new or existing regulatory requirements. These risks may be heightened during times of increased market volatility or other unusual market conditions in the affected securities and/or foreign exchange markets. In addition, tracking error may result because the Fund incurs fees and expenses, while the Underlying Index does not, and because the Fund accepts creations and redemptions during time periods between which it is able to adjust its currency hedges, whereas the Underlying Index does not adjust its hedging during these periods. To the extent that the Fund seeks its investment objective through investments in the Underlying Fund, the Fund may experience increased tracking error as compared to investing directly in the component securities of the Underlying Index. The potential for increased tracking error may result from investments in the Underlying Fund due to, among other things, differences in the composition of the investment portfolio of the Underlying Fund as compared to the index tracked by the Underlying Fund and differences in the timing of the Fund’s valuation of: (i) the Underlying Fund and the currency forward contracts (each valued as of the close of the New York Stock Exchange (“NYSE”), typically 4:00 p.m., Eastern Time), (ii) the valuation of the securities in the Underlying Index (generally valued as of each security’s local market close) and (iii) the currency forward contracts included in the Underlying Index (generally valued at 4:00 p.m., London time).

Valuation Risk. The price the Fund and the Underlying Fund could receive upon the sale of a security or unwind of a financial instrument or other asset may differ from the Fund's or the Underlying Fund's valuation of the security, instrument or other asset and from the value used by the Underlying Index, particularly for securities or other instruments that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other instruments in the Fund's or the Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or the Underlying Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund or the Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or the Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund’s or the Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Year Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 14.96%
The best calendar quarter return during the period shown above was 5.98% in the 1st quarter of 2017; the worst was -11.74% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Adaptive Currency Hedged MSCI EAFE ETF
One Year
Since Fund Inception
Inception Date
iShares Adaptive Currency Hedged MSCI EAFE ETF (10.66%) 4.15% Jan. 05, 2016
iShares Adaptive Currency Hedged MSCI EAFE ETF | Return After Taxes on Distributions [1] (11.75%) 3.34%  
iShares Adaptive Currency Hedged MSCI EAFE ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (5.44%) 3.28%  
MSCI EAFE Adaptive Hedge to USD Index (Index returns do not reflect deductions for fees, expenses, or taxes) (10.54%) 4.55%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 92 R161.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI Multifactor Intl Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI MULTIFACTOR INTL SMALL-CAP ETF Ticker: ISCF                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI Multifactor Intl Small-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of global developed market small-capitalization stocks, excluding the U.S., that have favorable exposure to target style factors subject to constraints.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 45% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 45.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI World ex USA Small Cap Diversified Multiple-Factor Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is designed to select equity securities from the MSCI World ex USA Small Cap Index (the “Parent Index”) that have high exposure to four investment style factors – value, quality, momentum and low size – while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors. Small capitalization companies, as calculated by MSCI, represent the bottom 14% of the free float-adjusted market capitalization of each developed market country included in the Parent Index, as determined by MSCI.

MSCI, in selecting equity securities from the Parent Index, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors – value, quality, momentum and low size – is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest & taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward share price to earnings estimates)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the same country over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.

As of July 31, 2019, the Underlying Index consisted of securities from approximately 726 companies from the following countries or regions: Australia, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the industrials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Low Size Risk. The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (“low size companies”) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Model Risk. Neither the Fund nor BFA can offer assurances that the Index Provider’s model will result in the Fund meeting its investment objective. The Fund may underperform other funds that do not similarly invest.

Momentum Securities Risk. Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Quality Stocks Risk. Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock’s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Value Strategy Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 9.34% in the 3rd quarter of 2017; the worst was -16.42% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI Multifactor Intl Small-Cap ETF | iShares Edge MSCI Multifactor Intl Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.40%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.40%
1 Year rr_ExpenseExampleYear01 $ 41
3 Years rr_ExpenseExampleYear03 128
5 Years rr_ExpenseExampleYear05 224
10 Years rr_ExpenseExampleYear10 $ 505
2016 rr_AnnualReturn2016 0.01%
2017 rr_AnnualReturn2017 36.24%
2018 rr_AnnualReturn2018 (18.18%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 11.99%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2017
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 9.34%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (16.42%)
One Year rr_AverageAnnualReturnYear01 (18.18%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.27%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 28, 2015
iShares Edge MSCI Multifactor Intl Small-Cap ETF | Return After Taxes on Distributions | iShares Edge MSCI Multifactor Intl Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (18.47%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.77% [3]
iShares Edge MSCI Multifactor Intl Small-Cap ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI Multifactor Intl Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (10.37%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.57% [3]
iShares Edge MSCI Multifactor Intl Small-Cap ETF | MSCI World ex USA Small Cap Diversified Multiple-Factor Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (18.28%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.49%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 11.99%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 93 R20.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Core Moderate Allocation ETF
iShares Core Moderate Allocation ETF Ticker: AOM                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Core Moderate Allocation ETF (the “Fund”) seeks to track the investment results of an index composed of a portfolio of underlying equity and fixed income funds intended to represent a moderate target risk allocation strategy.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.  The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares Core Moderate Allocation ETF | iShares Core Moderate Allocation ETF 0.25% none none 0.06% 0.31% (0.06%) 0.25%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Core Moderate Allocation ETF | iShares Core Moderate Allocation ETF | USD ($) 26 87 162 381
Portfolio Turnover.
The Fund and the iShares funds in which the Fund invests (each, an “Underlying Fund” and collectively, the “Underlying Funds”), may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolio). A higher portfolio turnover rate for the Fund or Underlying Funds may indicate higher transaction costs and may cause the Fund or Underlying Funds to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to Underlying Funds included as part of Acquired Fund Fees and Expenses), affect the Fund's performance. To the extent an Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. During the most recent fiscal year, the Fund’s portfolio turnover rate was 4% of the average value of its portfolio.
Principal Investment Strategies
The Fund is a fund of funds and seeks to achieve its investment objective by investing primarily in Underlying Funds that themselves seek investment results corresponding to their own respective underlying indexes. The Underlying Funds invest primarily in distinct asset classes, such as large- or mid-capitalization U.S. or non-U.S. equity, the aggregate bond market (including allocation to international bonds as well as USD-denominated bonds) or the U.S. Treasury bond market; each such asset class has its own risk profile.

The S&P Target Risk Moderate Index (the “Underlying Index”) is composed of a portfolio of equity and fixed-income Underlying Funds and measures the performance of the S&P Dow Jones Indices LLC (the “Index Provider” or “SPDJI”) proprietary allocation model that is intended to represent a “moderate” target risk allocation strategy as defined by SPDJI. The Underlying Index seeks to provide significant exposure to fixed income, while also providing increased opportunity for capital growth through equities. SPDJI’s estimation of a moderate target risk allocation may differ from your own.

The Fund is designed for investors seeking current income, some capital preservation and an opportunity for moderate to low capital appreciation. As of July 31, 2019, the Underlying Index included a fixed allocation of 40% of its assets in Underlying Funds that invest primarily in equity securities and 60% of its assets in Underlying Funds that invest primarily in bonds. As of July 31, 2019, the Fund invested approximately 38.97% of its assets in Underlying Funds that invest primarily in equity securities, 60.91% of its assets in Underlying Funds that invest primarily in bonds and the remainder of its assets in Underlying Funds that invest primarily in money market instruments.

As of July 31, 2019, the Fund invested in the iShares Core International Aggregate Bond ETF, iShares Core MSCI Emerging Markets ETF, iShares Core MSCI International Developed Markets ETF, iShares Core S&P 500 ETF, iShares Core S&P Mid-Cap ETF, iShares Core S&P Small-Cap ETF, iShares Core Total USD Bond Market ETF and money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”). BFA may add, eliminate or replace any or all Underlying Funds at any time. As of July 31, 2019, a significant portion of the Underlying Index is represented by U.S. treasury securities. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and an Underlying Fund may or may not hold all of the securities in the applicable Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is a product of SPDJI which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Funds), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Affiliated Fund Risk. In managing the Fund, BFA will have the ability to select Underlying Funds and substitute Underlying Funds with other exchange-traded funds (“ETFs”) that it believes will achieve the Fund’s objective. BFA may be subject to potential conflicts of interest in selecting Underlying Funds and substituting Underlying Funds with other ETFs because the fees paid to BFA by some Underlying Funds and other ETFs managed by BFA may be higher than the fees paid by other Underlying Funds. If an Underlying Fund or other ETF holds interests in an affiliated fund in excess of a certain amount, the Fund may be prohibited from purchasing shares of that Underlying Fund or other ETF.

Allocation Risk. The Fund’s ability to achieve its investment objective depends upon the Index Provider's ability to develop a model that accurately assesses the Fund’s asset class allocation and selects the best mix of Underlying Funds and other ETFs. There is a risk that the Index Provider's evaluations and assumptions regarding asset classes or Underlying Funds, which are utilized as inputs in the model, may be incorrect in view of actual market conditions.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or an Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk.  Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for ETFs, such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund or an Underlying Fund may “call” or repay the security before its stated maturity, and the Fund or an Underlying Fund may have to reinvest the proceeds in securities with lower yields, which would result in a decline in the Fund's income, or in securities with greater risks or with other less favorable features.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or an Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may be unable or unwilling to make timely interest and/or principal payments when due or otherwise honor their obligations. Changes in an issuer’s credit rating or the market’s perception of an issuer’s creditworthiness may also adversely affect the value of the Fund’s or an Underlying Fund's investment in that issuer. The degree of credit risk depends on an issuer's or counterparty's financial condition and on the terms of an obligation.

Currency Risk. Because the Fund's and the Underlying Funds' NAVs are determined in U.S. dollars, the Fund's NAV could decline if a currency of a non-U.S. market in which a Fund or an Underlying Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Funds, the Funds' or the Underlying Funds' adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Derivatives Risk. The Fund or an Underlying Fund may invest in certain types of derivatives contracts, including futures, options and swaps, which can be more sensitive to changes in interest rates or to sudden fluctuations in market prices than conventional securities, which can result in greater losses to the Fund.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. Certain Underlying Funds invest in common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s or an Underlying Fund's investments.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or an Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or an Underlying Fund's investments in the affected region.

High Portfolio Turnover Risk. High portfolio turnover (considered by the Fund and the Underlying Funds to mean higher than 100% annually) may result in increased transaction costs to the Fund or an Underlying Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” which may include those bonds rated below “BBB-” by Standard & Poor’s® Global Ratings, a subsidiary of S&P Global, Inc. (“S&P Global Ratings”) and Fitch Ratings, Inc. (“Fitch”) or “Baa3” by Moody's Investors Service, Inc. (“Moody's”)), or are unrated, may be deemed speculative, may involve greater levels of risk than higher-rated securities of similar maturity and may be more likely to default.

Income Risk. The Fund's income may decline if interest rates fall. This decline in income can occur because the Fund or an Underlying Fund may subsequently invest in lower-yielding bonds when bonds in its portfolio mature, are near maturity or are called, bonds in the Underlying Index are substituted, or the Fund or an Underlying Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Interest Rate Risk. An increase in interest rates may cause the value of securities held by the Fund or an Underlying Fund to decline, may lead to heightened volatility in the fixed-income markets and may adversely affect the liquidity of certain fixed-income investments. The historically low interest rate environment, together with recent modest rate increases, heightens the risks associated with rising interest rates.

Investment in Underlying Funds Risk. The Fund invests substantially all of its assets in the Underlying Funds, so the Fund’s investment performance is directly related to the performance of the Underlying Funds. The Fund’s NAV will change with changes in the value of the Underlying Funds and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Funds.

As the Underlying Funds, or the Fund’s allocations among the Underlying Funds, change from time to time, or to the extent that the total annual fund operating expenses of any Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund or an Underlying Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund or the Underlying Funds will not fully replicate their respective indexes, they are subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Funds could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Funds face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Model Risk. Neither the Fund nor BFA can offer assurances that the Underlying Index's allocation model will achieve its intended results or maximize returns or minimize risk, or be appropriate for every investor seeking a particular risk profile.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Funds trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or an Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or an Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or an Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or an Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Operational Risk. The Fund and the Underlying Funds are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Funds and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Funds are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Prepayment Risk. During periods of falling interest rates, issuers of certain debt obligations may repay principal prior to the security’s maturity, which may cause the Fund to have to reinvest in securities with lower yields or higher risk of default, resulting in a decline in the Fund’s income or return potential.

Reinvestment Risk. The Fund or an Underlying Fund may invest a portion of its assets in short-term fixed-income instruments and, as a result, may be adversely affected if interest rates fall because they may have to invest in lower-yielding bonds as bonds mature.

Reliance on Trading Partners Risk. The Fund and certain Underlying Funds invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s or an Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s or an Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund or the Underlying Funds has exposure.

Securities Lending Risk. The Fund or an Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Funds may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Funds could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund or an Underlying Fund.

Structural Risk. The countries in which the Fund or an Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund is expected to invest in the Underlying Funds, the Fund’s realized losses on sales of shares of an Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by an Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of an Underlying Fund, if any, would not offset net capital gains of the Fund.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of a fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in a fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because a fund incurs fees and expenses, while the Underlying Index does not. The Underlying Funds are also subject to tracking error risk in seeking to track their own performance of the applicable underlying indexes.

Treaty/Tax Risk. Certain of the Underlying Funds invest all of their assets that are invested in India in wholly owned subsidiaries located in the Republic of Mauritius (the “Subsidiaries”). These Underlying Funds and the Subsidiaries rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, an Underlying Fund may continue to invest in a Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.

U.S. Treasury Obligations Risk. U.S. Treasury obligations may differ from other securities in their interest rates, maturities, times of issuance and other characteristics and may provide relatively lower returns than those of other securities. Similar to other issuers, changes to the financial condition or credit rating of a government may cause the value of the Fund's or an Underlying Fund's U.S. Treasury obligations to decline.

Valuation Risk. The price the Fund or an Underlying Fund could receive upon the sale of a security or other asset may differ from the Fund's or the Underlying Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's or an Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or an Underlying Fund's shares. Authorized Participants who purchase or redeem shares of the Fund or an Underlying Fund on days when the Fund or an Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or an Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund’s or an Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 11.59%.
The best calendar quarter return during the periods shown above was 8.84% in the 3rd quarter of 2009; the worst was -5.42% in the 1st quarter of 2009.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Core Moderate Allocation ETF
One Year
Five Years
Ten Years
Inception Date
iShares Core Moderate Allocation ETF (3.86%) 3.21% 5.83% Nov. 04, 2008
iShares Core Moderate Allocation ETF | Return After Taxes on Distributions [1] (4.65%) 2.40% 5.10%  
iShares Core Moderate Allocation ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (2.11%) 2.23% 4.44%  
S&P Target Risk Moderate Index (Index returns do not reflect deductions for fees, expenses, or taxes) (3.72%) 3.31% 5.92%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 94 BarChart14.png IDEA: XBRL DOCUMENT begin 644 BarChart14.png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arChart10.png IDEA: XBRL DOCUMENT begin 644 BarChart10.png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end GRAPHIC 96 BarChart7.png IDEA: XBRL DOCUMENT begin 644 BarChart7.png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end GRAPHIC 97 BarChart3.png IDEA: XBRL DOCUMENT begin 644 BarChart3.png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end XML 98 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } GRAPHIC 99 BarChart33.png IDEA: XBRL DOCUMENT begin 644 BarChart33.png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end XML 100 R223.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares MSCI ACWI ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI ACWI ETF Ticker: ACWI                                 Stock Exchange: NASDAQ
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI ACWI ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization developed and emerging market equities.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination November 30, 2021
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 11% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 11.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI ACWI (the “Underlying Index”), which is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries. The Underlying Index may include large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and technology industries or sectors. The components of the Underlying Index are likely to change over time. As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czechia, Denmark, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, New Zealand, Norway, Pakistan, Peru, the Philippines, Poland, Portugal, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Arab Emirates, the United Kingdom (the “U.K.”) and the U.S. (together, the “ACWI countries”).

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 22.85% in the 2nd quarter of 2009; the worst was -17.70% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI ACWI ETF | iShares MSCI ACWI ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.32%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.33%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.01%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.32%
1 Year rr_ExpenseExampleYear01 $ 33
3 Years rr_ExpenseExampleYear03 104
5 Years rr_ExpenseExampleYear05 183
10 Years rr_ExpenseExampleYear10 $ 416
2009 rr_AnnualReturn2009 35.24%
2010 rr_AnnualReturn2010 12.32%
2011 rr_AnnualReturn2011 (7.60%)
2012 rr_AnnualReturn2012 15.99%
2013 rr_AnnualReturn2013 22.91%
2014 rr_AnnualReturn2014 4.64%
2015 rr_AnnualReturn2015 (2.39%)
2016 rr_AnnualReturn2016 8.22%
2017 rr_AnnualReturn2017 24.35%
2018 rr_AnnualReturn2018 (9.15%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 16.31%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 22.85%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (17.70%)
One Year rr_AverageAnnualReturnYear01 (9.15%)
Five Years rr_AverageAnnualReturnYear05 4.54%
Ten Years rr_AverageAnnualReturnYear10 9.59%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 26, 2008
iShares MSCI ACWI ETF | Return After Taxes on Distributions | iShares MSCI ACWI ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (9.60%) [3]
Five Years rr_AverageAnnualReturnYear05 4.02% [3]
Ten Years rr_AverageAnnualReturnYear10 9.19% [3]
iShares MSCI ACWI ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI ACWI ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (5.06%) [3]
Five Years rr_AverageAnnualReturnYear05 3.52% [3]
Ten Years rr_AverageAnnualReturnYear10 7.96% [3]
iShares MSCI ACWI ETF | MSCI ACWI (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (9.42%)
Five Years rr_AverageAnnualReturnYear05 4.26%
Ten Years rr_AverageAnnualReturnYear10 9.46%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 16.31%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 101 BarChart37.png IDEA: XBRL DOCUMENT begin 644 BarChart37.png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end ZIP 102 0001193125-19-314179-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001193125-19-314179-xbrl.zip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𠌒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ᣊE65ZVWE!+6HJ*J@?>W MCDET \IR"E406!BSEPP^@R\JRX\$>Z1V&2X'ZNTW8580B$QO'7/%! M[:I=$HT-\6VI3+ !.,EAHLV]S;3A=4*ZTJ'M%M*L>[CU@JGTC/VB&!R,@5GS MR]>W0')"V*JE?AUGO2RWD8:\W2$"9DS.!N,R";5M?K"YS)Y?3,-\FT(/WKR& M%=WA5>Z! >B$7.:W%%@B=B NW]"KQ$!]HF*+G,("1)6Z9@\4HX?2&Y[!7[Z$IDAG2G5>E M>$:YQI\L,IH_WV^_)%C6BXSN4M*AG10:0FJB!%777KO_@?_3C096&UOIS*@- MOFP.N/7)&L@QB!*?D97"8LWM>(PN-Z#HR)(A>^I5#:V<@*U;4&!E:1Q0+EXR M82D\'&Q/QOV3:>:60L%\$%^W M;T&!M@%2ZSEC8N5\EYP;3EJ2[^P"?=O4N8J*R&$!*@,.N^9M26V03RFT;3:7 MB! \VOY]D%8?^]< "!3T"KS[;89J1JQX?%MT&5GYRQ]8_P>4IF)N&;V%2X-J MCT[FQGT=']![.(V_X>9<3_#_G[)\#^!?[>0($7^';K$Q;_EX_V%P2*,3*1]# M;97[^/X.(QC">IC^6+E'J.6J-^ZUOW!I;[B]!/T'W;%\MKOW_'O9 (^;A0[A MUOK1WMY+ZFI\Z]1JA]_?>;S[Z)'^X(D[;\$/]E\,&)3OEPMTU8*MZK=8G.7M M!VNY>.KM[%>%F-47'<$ZW I]+%JJDX'6;+>Y\XDZ#,#=WM[N/-R5ZE2\>QJ3 M2[EK_ZI>4VP:;#\EB?F<&0CGNVMHVG:':=O>.HO?H2?&B*C_S"_.G,$XX[*[ M.\@*< PS=V:.,9&'RI(1OZO=/=8*.Y MK?LZ!Y1.B;1\=]%6\)8[D%<6EY-%IE-)SA%S=**QJ1%9]*:5_H[B<&UGP*&D MTR])3HCP(INWH%7PD=2(!$(1M34C<&RIW+@D+"@%_>!)E =+6O'I^1F:33?M MIWF9?\RJ[KP^SSX="JCG3K8\X4Q[TTI%+M+0AHE* K<.ONU#_DC! M!;;[U._1X#'LTZI91J]'U:>?=O)/6(LJCV<<@OP#PL!HQPC#AT<=['C 4]. MV<:%90+P?+*W_^##0^XN@8/J+G"2<4Y?R!S"-.CQZ2SA,6R[5D-KZZQ,)PM. M)6YQ]Y.?*5)\A\7%\RTS;?0#!L"#8!I"XP1LAC_C.8V.$@;HZ#1!B,[O#+SQ MVA44SQ4P=4FT%%J"FLJSN4)KH4(JCF!78))8I)=2()D4E!$VZKAS#V^/Z-=/ MV&TS&(W5;I LWN9)Z;TRN/:R63SM&/B:WHW[\KUQ !\\>_GXY7/9+)!4=%9[ MV?[7=T^^ Q@1C>JLX?R[O^WMNI\_1>&'9!%9+79P5BV8''O_T<7^GR4[BKVM M6/(:)[ M)0SPITD]((4(&4#D$]?OO%P MRC>3=\?,\;A8\@)O\^Y/GF/6'4E!>J$G#,1 G'YO_RL)>?SVM1'S_=GA=W][ M]"P,]A@A-@CX^-L)^.+YD("/-PCX]-L)N/_LT9"$3X/'J1 MDFU_0+9'WU*V9T\?I61[-"#;UU(H:=F>/4G)]GA MB??4K;'+U-G8?_)@&Q? M2\^EK^#]_>3$/1T0[MFWG+BG:=F>##\CVXNO)5BS<#='E M-_]W_T5RA1^]2*J4%RHII2CMG[^JQ9+>ARKED#1CXGZ[8X/2/MDH[=,1:;_M MA??D^*=K9%_IOSAQXL;._O[,W.)7!L^]ONTI@PEGN M55 >R*+=X02^3.[MQ\^_V=[^>N_V:"^UM?9?;MQ:]WD0ON*K[2=/S=[^%Y^: M^]J1$-Z!8-[=7_%1^O9_^OQ/WYGW]XZ/DSOTQ9^_0^_O%=,&IACF7W^G]D0_ M>W<.^)4.,MP'4'K?4.=F1$+@_W P>5%7=<=)IH7PB+67=0.X3(%,U0T&F[>W M&IX__M.LAC_OS>'%7VY^\:]I@/RI+_[DQ4:-Y?>Z0DZDE^P=T[6C7A[E0U)/ M%9% P/,:C!D2^)?L(B_OU:9*ECL 2&.GJW< ^HM63$FTG]]=P4%([<_CI(NVW6')$PZ-HPP^,IR[YS6_J MZ#]^]"B8SJ1$6XG]-521\T@?[7 :;?3A8:P'].Z)M+F3W! FQ>^ER@**&!;% MQTG;K5#?\SN>ZZY4\__HC0KU:A7S\V=9G_>#:_ M=A=PF6\2%7@LD(L.'OX8PK?EZD9J9(@H;=Y-_O?D?[#ZULD"CS6AI2TF(%[7 M?\WIP>(&!A>*I#@GSSYC3M*OF,X>_;/HKD^UBO)?;5)"6:-M\N0SIF3[EQZ" M%OT+S4I@@-H=$TW0\\^8H,'7M4AI>LP7E_0\TWD01.L!X'^@*1F"[&>^>]C1 M^>O)>3'_D#<_368G;]"HK"[:Y7_^^[_N]E]G'6QA*%M]TX]!A":<3/:3W\'=- 84M=SB*SP)_9:MM&%<\62<'"5R MF*<-FY0G^KQS8U7M2H[,J]0#0%D#D'E**SJ %HG[H"'YO&!H+YEHAQOI11S6 M-_(:'7K*W&;%OY+TM=P-ISR>VNBVN(=E[U6X6<6<+L2[C\KM<,6IU "AE\QU MV,Z;XH))-GO43@30A!H.Q'=3J56!=1M(O-0OD:(B(K/^V>)CT2(S;-JN]X^PT^#C8;]9J#?Y2G,!$(I9S1ZB*U]]3ID&(I'-@=P)M(ID5'P2ZZJ MX'F ,F?"N6?>HY;#R-%D9CIGXLY6[CUNE8 M:"A,,AF XZB5CI2U2VN=D/DY8M6C,C7W6?^;ED[-EN,FZ^BF(:D:;ATD.).W M@7HH8IOQ;X3H[0K0L.Y9RN0H?]Y-*>R V) VH%G*D2+2@(]RK.#4PO!]X2? M]3.FL>;%[1\3R[(7U-C$N&3;O?@\@/N/25=HLT"M-J0J.VT::@_A7[JX%@[B M-+YG4,_DC:7CFR*<'-MV95B@4+(6PDL#B0KZS4^B@XK%BQ6T>U^Y3Z _5RF/ M&)EC3P2:=71.A,S&PM0M?:GNES9O3#TBJ4>L-CQC*ICC:KZKA0IOX_+=7>;' MU?>F=VVD:K[CBEUJ*$KMJGJ#3.K*31=R-=TZ]=$!U:5J\)YD;D4&RO[__ZW5 M'>:7Z+G:!]GRRTIS_>W,U?VX$71\?V ?U-55'=PT>C7#;91G[E6Q)!"9H=SO MH=83II.G1(F>HI++EBKGAMXH[33?@S7$(^TFO-.T+<1_O&^3R*E5'IDTK#6KV)5>*3^QV/2V2F\[WXE!OIJX#]""I5,J#R?.&K.JS/#WO_;WIDYL M6Z^I%((!CY:4Y6DG/^H[)4R4N.Q2C4-W7$Z$I51>Q<-$0L&9C24+KK-KW&Y/ MOQ>^$;,/48IL@*\F83DU.;"_:H6/N\-*)QHH.'PH:S+B7!5J5*IM$F*L*=3# M4J%LAR27*/J2[1DS8GJG^._W MYB$$S2#%0A>7:Z"[PN0!K#L25YK;.V+YLJ88M14M2^G72K?Y\&^#^Y_87Y;4 M,3:D._:E>8&E*@QMT(>&'$H\&L8R?E '9B7N99A6*W2'W)-J+C^$EB6\ XT- MS>N!59X]$OP>ZRH9M5)0R^2A/1)GJ8J,Z.)3 W9RR7IN8#6OF?J59VKD>ARY MCZ@5>V>4Q0/V=I05.<&-R\8FE+4S \"($>46FQLCI9D =J,F]$G6?Z0M)K&P M\ _F.;%DO'F\AJ&V&\[&O4*%$+7=2) .D^U]Z#F7;N . .H]L":AZ7:)RG& M@'MH%P'KTI/OE=F836^]T8/&/ /JHZ?,A![B/G28-C\UCC6/7W"8(WI<+,7] M!SJ$=9&YJZ'3J](<:\#**:TB_QBSFTQJ"0J%[MP20T14 I\X>'S7W3C5@GVC MH+EP(@XV!R8@;%@M9-9*8\T>/G*D]CFKTP3:;"8$LBV08WS.GMED7L+_-[JQ M!%-Z!SE;BL4.E\9R0W$J7[?-O"D,1ULVNW(N '1%Q;Z+0BEN"%),H TUD6VV MICT;;]$N:2?OSPYW%CDTV"!G!+_P4)E= ^Y:\[S_)"N#WT;?$&T16$F<2HCZ M.<_RLBB'"&YA.L_P_,'_O9L0LH:Z$6HLE%AE8K\TIIT)8D9(03,8WXR#FM)1 M,\G'K9VD!_2-%?^POIW\HZ[3(^V M\*'8]FW2[PC^;B/*0F"/YB[]D Z>W*#U$M80,NK$^ZMEZ=+6D!QQ7%OB@[;3 M1SVLW)&\T;C*>)@Z)D% Z]7M[ V;653>(H>7SBWC-T1(A3]?>/3DW;$?H[P1 M+AF"RCBLZ"[4^.V]Z#42&\MO@;,IAWYT[K=81.]>]!\KIY*8@^YEKQT[1JFNLX/CR=%-#MPL5Y,WS,(]\+UP;-]*=?AG5BT_=;[[YF^\ M<7?P0;8<^=89]#$?^!XQ0KK;E-Z7!,/<'5XB=A78",)8*2I3R&F FH EOG2W M98'D-$$V13,N!]#GJ>>.83B6FYE"S@/(U2JFKG%W@/MUCC%_;#!2)BXZ8NB M8,; B=K8F#9% :=7CV%9Z\22L+S]%"=UEW6%P=BA(<%)*HL/2$57*Z\YV.ASBSE@N(6@$BP3A9PJNM4PWG:-IE'8(Q#3==!-I7-; MI\ ,0+WJA*QE[;L#K+F)!MZ**G_/ M!R%J=^_O7^0=,,!XKB-K_T'#-&K!Y$;XD.?+E.\(=W/!;3:=T&229QQQ8;$7 MR?TQOJ/UA)%GW$((0)T5?#^QW;"K$SS*>,AFDYVF![+[#AGN4B/SO4--(H,P M:UK /.H6B@/8,!2%,VU/&/$AG ;2#A]". AIH>$N0Z1\\Z3+4^C4$54ELV[>8D,I)RA$5^!"R)CP MN_<4&92#NQ\] R".N"[R)REJT=[-HHEM M''VUA.G:3PTMO.E$J@?M():&=NK6&0:2\(.N,W!38Y 5_@/LQ8_ &]D%:7V? MO$A=\5/KJ8>-D5*)X_C-IJA'*<8(>N,"FC'!.<7)Q-R**FF/&^JMD=\16Z., MTDJ=J+;ZF?OQ#HP! '(-^U4J)J!1]'JN;7?P183O=2;"6%:@EP;/PF^C\1E MON.KM/!XN$'0E#64@1*#$B 8$SU3WP(2SATP])FDKIX_R.GB_(=! W=M4P*9 MXQ(4[/! %&FB9/3,\/E,'@CL;]9>X[=\"P)0BXU.DC2\LW.[Y0G7SD:;V9!3 MS37_S8O\E^%%'L[S003P'L+B9ZL;1#8X*7R$',9N%6H:1#6.H,DOGM=@"L=0XV[H.\P(>,YO9[^&>4MHT\69A+DS\-!^ MF@8P+C)\?#.DFQQ")P/I"9K*NEGXAN8T(QA,%,M0W3/-,Z+:4(]ZKG>-445F MA#$M.I.P >?PXBYQQQ4Y +:QQ]1C*3')AJ::?VLRE=,Q<73FBF[5)6+FN-=I MQ^6,\-[!UF@+#GS8U3DZ?QW$,=B?Z")39:/[;99"@B!A[^5E#8J9^_U=NGNE M8QYN!G^B887^AWN)S>^;_(9Y8WB?H-D]&CO+K$ %B3;8FAS9Y'/,(.(:_3H>&)L#I3JG-?YQ>%>V.B,*N/.[ZI*Q<9!?;DFKJ[(@7)Z) M9["P[I:\+BX*_#F$S_G:B3$[66^3!;*-;GT?J![JQQUL%[/%1U./9)>UOEMB M:(6%/=,6%)7DO )KWPSZ;I.A@ G E@VVOE@FB69B[XR3R.==R[K%;=B;XA-, MW<@60LW4Y&1]HBY1TZ3W&KGVCV-\L ?M&)LO2&6FD \6T+""'LC<+[ZHEBNO M^'%ZM'T0I$ :N#3@SQ\+:-%\*4"C?KODLQ/.513HI@[&]"+B'!K\;K%HA]A=O M)KYMZHH#9&@+(9A@4#"B=T<'8,T]*=@10'KUU"@O-67BJ[2NJN_%]!4H_L5_?J6_D'GUFF_AM$%"OLA;8H6J2G1Q#X[%=RP.NV+2Z@R2TD;\1J=4=UV8$ICWACVO'&3:Z3H1CL1XZ'!0*IM5,VK7.TYMRMVD0Z MNIHO;(JON#?)FR*3GM;8F7LT^F9\?8!/. 1> Z 3X=0->A(= ]<0)^_B9.;0MC2%CDIX/JKGR#6[$L.%9DHH$ M/RDT2ULL9ME;.0;O":H:<&/<*3!N.JZ-TMDB=5]#78!(I>N\7 2U'>E.N[ 4 MYK*!,:+,8),CT/7:M+'F6"8H$>P1LI#^Y^O0.]_P3'*Z:NUYRCXV=1".#APJ M2#HMZ+"JI77+7;VQ"37&LB2A%]HM C0A@R8>^0KU9"-IM<:Z-"6<@2-;1O9PR71N"VFD4GZ!-/)SD['H"')/]60VS05Q\38(C3[J -+M<@FNRC;3V*AG/ZN4FMNK6'<<&,UD!,C 7.<1V<8OPF\$Q M$H>V-M- .]BLU=I]XOT.=;YH8;GJ,6]NI)SQ D/ '2RWM=9@1+F?ESEG'BM!RORQ*N8?2LH9KZHE[(DY%$.N MHU8[T<1AQ4-_!+@?H ^V,[2A!FMTX=>0"Y"[,U[]UUE18K8:N@(W@"OV^0X, M?31U5E&W MJ+[@GX/N&4FA9O)EE(@;*.I)16;IK#BAFY7454EY!.A.JF9.ZA+OK%$Q"5N; MJ&(E2%JNC3GAU0#?MK%SA@80.#P0001[;_)/A/'JE\#'=6^2439QX46 C$I1 M(8B2>G=A;HJ\%*W^E347W"Q>]-0=D/YD-DSCK!3:2%-SS(H*_M,-Y?-J9%S! MT?(/Y@?M.J$;^#&8!":BZ0X2Y[O<9BS))0CV=&^D07W^=?;69^ZKL0-[Z$QO M8K5LDW[5B&GKG4:)$7?K)1WJA1G9@"6\63>(K5";E]4=6FTMH-LP5JN@0'SM MT%&84'UUNUHLG-5P6:[FW15 M[$-Y3'/"0/[B1N>)""XX6*?O*Z( ]<8VC]8$P$56?0"U2W:#U^BC*PVN0ZNN MT$9GU\U+RM>5HX2R&>-6TRV0!JHO+R.H)1T3YSLB5@'LM:; =IAXE9,2,17+ MUAK%EH]^$N YX(BCPE]"P2B= <7[)5S/R.?",AN*;OGKAK]^5S-X5*G]/:^O MFFSI]FCOF,TF%;BU[K"[:S5K.W)>G,E8SZF.T[W=E?\YN5H)];K13%3M@2,G M78'<*9[Z9BW60NJ^1J>/,:+J12Z=]7GI!.O).$5K 9,WE?K(0GBR568CD;DG M@<$UQV>,S3NPCTSZ1=:]1?@Y71(Z>6!@)C:<,^0B4,[>O8S-EN[O[7WO?E$A M \E#QA6+!O?!AG[=K[5XDG.T#4M/GI4<==]9+:V+W']>+>7WI1Z&J&X&'870 M_8M#KELMR6\02>I=/D8UG44P75"I%+T@B(.78><*X]H/2#6C".H-K[V M^ZKZ0(4N4QMF\Y@/#B&R_J&2&/M46Q;QZM6.'00*TYSF6T#X7^LVW-8+V]W" M"[:KI>:X_F/_^1.X1:KXO.O;P^KC<4_CWX55@I^"K+'D?S\*:N%^#('VOM&3?*3 S/WPV2 M:U.?T,')UWPMY%'@LG0J9T4@PZG8? "]]80I,/E/OM AY .Y ZM9ACZ$J2R MA%$5E=O/H2SRR\P=W'%D(=XV0^:K!D6IS,^'!B+3$6X\"*D4K;W?^*<8@LPE_(_5N[8E-94QO#N#H9W497@QB>JG9J9'X(J.E@U VK)S^/IGC9D.) 3V+J5P^&]["!]PJ#%9#MD_S9@L*%TFQ\18 T/S3 MSFE.78D3JT40AJJ>7*TRIRV[/*HO&:K%$3BR1SAEQ#I@0F. /"@UX:/FX1 6 M(%'7,H8AV952,..O,PSS"LX/\-[!;G/.!_V-K .2UU_9(>W!1E#+XG<@A"HP M2>MK;>%G3. M>I,DXC+*ZY( Z;[>>$\J-1DBY7^/K:M[=!N3: M5E%12S%5*)K%8]AVZ02EP-,D*&#BBY(,"U_N9VG=T)\M&)<6#]2;E\%BZO2B MF1LV5.,*_&L!59Y[6G'*@:Y4LI++'HA1".&<:>94 "''BH+7D@*B M5%("BI9)P]E\K09915*-_:09I-;"U*+)&@Z&61+J/7($O>X>F\%?D&GF M("Q&/- 00CRS]/6H=M%''-@D1U0 P:[@K+10&9\W<PK$*2.N4$L !QI!%G3CTFM-%)$ H+W"HN\GI=R'J+] M56Y^ ]A 6)V14_ "(AR@[A.;^:*ILT6H$OF^'5OR-SZ#TC,MVF"+)[4QJD@P MK"Y7E ["^DTJ6B@:2Y'$O$@X$>LX-"U7[$2(F\.LM=80BQE'%7*T[97$AJWX M\3?&=1F\9P=C1:8"AT@:,.347CLO2V.R##'!#W<@YZR)&2!L)7P'3"<5?#N- MT)B?X@;"7>G>#_^JG$V+^K9"WN MW^Z<@7*?_Y:((:Q6-WD#D#=^O.#NTL4^ M>F:@+E7JAJ7:GG@L%&K1,B4N9T#H7N+1"6Y40U!&&##<-TVX&WTR8VG/]\='8T>3T[.#\Y/9M.9F].WOY]5H=C@Y/X$O3EZ_?WOXP]GD[.?9Z='9Y/QT=GCLOCT[G\PF[TZ/ MWAR_?S,Y.9T<'I\=G+Q_>PZ_H'N"\/W0]EF?$DYH>'*H5ON3 MTXC_+>W/Z+.BXL^UQ_ MRM:J+4HHI?]C53,7]=Q39J9^Q:#RSWHU')S5PK7.83C-#X4:T[S:/$(W,F2Z MM9CI($*_E33@KM@EE8BE28F"(=L4N3N.IK(*BVK&-KC@B(XY(;\AIKX!13W/ MFF9MS [R5'$"DS!L^V.91_J-1--EK#F#X.8X>6Y6II-L!>87IH@6QH9UUSZP M_"#;!\74Q>!!9#HIZQHIZ5EGB+U;5\BSB;&M+OO$QO#R; MKJ9<93BB;(MT.7S MZ\J71#"D2_!E_DSTV!1]. O,.R+CJH7!JD.]W)]<*91GO4>_1X$6]+B?Z]L< MR9%I!*7W6=0XSP*)(VM-MP[16?H-;=[6XN@,K5M/M+%=]XZ8U"SI\)=M/GR- MB!9KJO/H$45:2)]U0')&FA&0XRFB,S1?,*#5BS18=X?B*#X@,?[66!"2?-OM M2U>,MMN([*'B$X. EVXAY@I9!R?#5Z+X-$:4G&3&JZ#\9*3B! X" RJD(H,3 ML5^* \+*&B1<4'4Y-O.G%O2":#_3G<]PQ>L\^PATI)[FB/!T+!!NM0\Y<5]4:,'.*J;]ZQAGA27" M\H/M\G(1.,R]GJ^SKIUTSTY$HOG%%WK MHY6SC_/X<^,3P'SK$&C !-^T-=DCR\T'\]A:A)XM]4 6+(6'^(*BDX6.S(5) MJM08YO"[+;\B92/6^M2:B%+BH(Q'Z\ALI'L\;?[&4E#@MO_A!.(B,2GV!E+3 M*\+L""0OJS@K[R\CZR6VI"M5:J6EAN@X*!",F"=E/5#UWY<9GQ@\1_QPK"9K M*ENYBQ93T=Y03!RBS%0;8UT:P3N@[3S'M'G+V!V*[/!2QMN!SG=D@;$H_H)9 M57Q^*%],O;Q&4L2(5#"3_,7PS] 92,UF3TV3UB ?6LQYR9_)2GJCP>H'T%=* M)<1Z*_!&+U:-FUP$_[E;G?^E+\@!&O=6'YU1F7EO6L9')-UB*S!?\M2?KIQE MEMF#GOAS6-0M+)[V3/1BPV5^!2=VR.U63#>A!168ZB95) I6J=A6J/39)QNH MZTIMB9;NI(A"0G1Z&%]\"RMX72S=D[!17@]N9;U$?_=K:H[*4> ^00XJ."^M ME+]JF[7%VJ[-S/A1O[NQVT71;_R()K.[$Z:3 V<6+S+=0GJMO*_@&3%IQM'[ MD/<*-4G!/1%TO5IG'6@@1/:>K(-/E=($RN?SN@%Z801B=,SB/%/8%P##Z9M( MS5"Z'>,Y5CWE!!?!8O7T#OC7;0V).2RK<<8],1MS+9U$"GT:#4-5_*GGJ ,Y MB#F&)@D#>Q7%PN$)=+I)7X*S@1>-GVI#4&1C1%,_2] ?M'&>.I5,6E'9\) I M,KQY[IM^XI3\&:U1LEGHKV&G J,/=37NM\0GJ35DLQFK4&ZG",]!;4E(3'\% M:5C<_GERFSL/C;(.^ 4X5SWBFQ"*M!G_-I:X3[J90>I^9'),(.^7O/*YB<\K M@_+<,$;@DL8+@H7\F==V8>IT]-6B&)S%HE[4SBBX]>1T99U5(?@6HAHMV47H MC$43C!X=UV4[Q[RBDG0"RH7!P0WY52Q^-A+R)L(0(!7@1CZCPAX,]RI'>HBT MI/\>".D;&B8D7X096PA."=AV_5,D>L[122.^TP=7D-J5+0E\X(!T1"@OA-7C M1F/]73&Z[1 UB74H*>?,&S*?67F2(,63F@KN0 V(6%0M5A-[ M'WN9<$-8&F[O7*:!3\FKVVEY8AKC]#/4AF4EP\J5:&[@C%X0B,&I MHP)9VFK,W;N-3O#LA=0QA$4,M[!I\"%!=^-#TXV9'Z_1!.U7 U<:DL?W!<)D M[@48#_/:V6#,GJ8]FCD4$=? $ <( V%K=SGEG?U.1/Q"4J MA%DFIDO25KG. M'QG\3GH>?9-=+PF+47D:='[Q<:YGOX$ D@P/0?SQ%APB/E%M($$CTPL7LP;96O?9H4/$N''L* M4 J>OX\(;HUOYSPW16O2*OBL-,,5"^KVD&B&[=.X1.<:%5#9/N#R]0'-P6$@ M&'A5:7,;N!&F<<*THU8/+$(VGS=@9D+I;*,WC4J)9C-A$!L-_Y$,C,%G)BPH MXB@JM*^@*;(1C^'\=]DJ# 3 M+)%G9H2P-Q)9=,DL'8QA?PCQL;6X&8?U"F83)F7VL2ZH4F6F#=A%'](+P6A& M."/8X?EL%A3O76(\K2SR2[I?Q._&@2HX_))CA)^BXW(!#W+:*+^JNT+KM3/J M.3(E7;&60;'[$F0<%Y0T[R3*5&(B(*KH#9+E!(RJN>?-9.:4>CFA)E#/;3[) M8W*DR!:$%C(1BH4*V,S:Q>\:]#=;Q(R=F+ UYHG)VL6>8OC-.+]G&PRF2B#H0,790\[Q M41\I58[N+7"/&@JNJ)V,1&&%R4\:15"9C5FT%#^$[=IUYCO+L-6B)&7A5;(U M*-[&3#9@X$?*U8WO$_*]ZER?+#M#.&7&\!+F&W4(\?814=1M[)R+TC;=$ M^,H)!1R;4C8M' ^.43,9E69UU7I+*6$M*LRSI+Z3H;\=<"A3J(+0BYB]9#0, M?%%I1R38(\64<#E0L[$)TQ1 /(*I2X)BP#CFB@]J5^V2>#6( $AE@@W 20X3 M;>YMI@VO$_(G#FVWD/?9XS\7S.UE[!<%!6 ,S)I?'G /R0FASY6"6ISULMQ& M&O)VAQAA,3D;C,NLN):-?7/=+[^8AODVA1Z\>0TKNL.K'!6ZR FYS&\IL$1T M)8PGUZO$8 \B]'=.88&,>\O?^NI9:=7C_C7*QXG%#FDI@:<0SDAFX)C^P)D= M.E <-[16IF27MF08GJ+(A$E/*22),)"@;7%PADE=K-6U8V14$@"U[N.F=K45 MRG [EE=9<^#6I)M5BW?>\CR'O7H?S$Q]M ^3ZH9:KWKC7 M_L*EO>'V$C1$<\?RQ>Z+)]_+!GC<+'0(M]:/]O9>4IO56Z=6._S^SM/=)X_T M!_M8+1'\8,"@?+](L;S]8R]4<;V>_*L2LON@R:<+^L6@)N ^] MHFYSYQ-U&("[O;W=Y>;$N_,:&>8!W\! Q/V=%WM[.]*\^ ']\\GS)SN/GC]^ M_M"YU4ZC.2LQSQ_N!HL;KV)"[][7A3#CRN(952O;,^PD%G]2EC>/-R5ZE2\> MQJZ2_&-1. !\27W$%74KB?J*NO,8;:G^Q> MV#@E,GW2$%!9XD+Z^#M,W.;^DO_N*NG1&G^9KI+I360;//[BYN8- A'^8GT= MU973-TSH. MT[:]=1:_0T^,$5'_F5^<.8-QQG5 =Y YLCZ>[P49S6_=U#BB=$GG"[J*MX"UW(*\L+B>+3*>2 MG",F#41C4R.RZ$TK'Q?%X=K.@$-)IU^2G!#A17IA0:O@(ZDS H0B:FM&X-A2 MN7%)6% *^L&3* ^6M.+3\S,TFV[:3_,R_YA5W7E]GGTZ%%#/G6QYPIGVII6* M7*3#!C,G!&X=?-NY:BN/#>X'_9$3"&SWJ=^CP6/8IU6SC%Z/RN$^[>2?L#A. M'L\X!/D'A('1CA'* 8\ZV/& IZ8!L^V&.M8+P//)WOZ##P^9[AX'U5W@)..< MOE27AVG0X]-9PF/8=JV&UM99F4X6G$K+24$98:,6(/?P]HA^_83M_X+16.T&R>)MGI3>*X-K+YO%\R"! MK^G=N"_?&P?PP;.7CU^^D,T"245GM9?M?WWWY#N $=&HSAK.O_O;WJ[[^5,4 M?D@6D=5B!V?5@MEZ]Q]=[/]9LJ/8VXHEKW$"VU+" '^:U -2B)!Q%,*]V)\I M\BY\'>7>2K X=O4GB?QX/PCY].4;#Z=\,WEWS!R/BR4O\#;O_N0Y9MV1%*07 M>L) #,3I]_:_DI#';U\;,=^?'7[WMT?/PF"/$6*#@(^_G8 OG@\)^'B#@$^_ MG8#[SQX-2?AT6,+]O6\GX>,7^P,2[N^I2L50/3G)D!+YAL=D__'S)Z0](QG2 MLGVUF4L>X1=[+Q*R#%&9'VVUYW3U\\WB2MN??Z7SBNN+/NX9UB MG7VA_^:,@1<[^_L[>T^&A N>?7_;5<(2SFZO@N) %NT.)_!9?;T6^WM MK_ANSY/6RN#BW?\(UGYK[V(X1V()!W]S=\F=R7C_8W:[%O ML2_O[1T?[R7WYZ.-JN^;;-#[>\7]M'6Y\0S>YT[MB7[V[ARP*QUDMX%E&W)* MB(# _^$@\J*NZHZ32POA#VLOZP;PF *5JAL,,F]O+SQ_]*?9"W_.6\-+/_[S MS(X_[:6?OMRXTGY_*\1$FEG>,3T[ZM91_B/U5!$)!#ROP7PA@7_)+O+R7JVH M9'D#@#)VNGH'D*ZE*B[>3^&BY) M:F<./UWD_*6^_19+CNAW%&WX@?'4);_Y35W[IT\>!=.9E&@KL;_2@C_>X7MU M].%A= ?T[HGTV9)<$";![Z6J HH6%L7'2=NMR_R_OEL4[;+,UC]5=95_!Y4, M_S.Y[KKE3S_^B%"O5J%>/S9UF?]X-K]V%W"9;Q(5>"N0>PX>_@3BM>7J1FIB MB!AMWDW^]^1_L-K6R0*/-<&D+28@7M=_S>G!8@8&$XJD."?//F-.TJ^8SA;] ML^BN3[5J\E]M4D)9HVWRY#.F9/N7'H(2_0O-2F" VAT33=#SSYB@P=>UR&AZ MS!>7\#S7>1 $ZP'@??Y.9+@SW[SHZ/SUY+R8?\B;GR:SDU,T*:N+=OF?__ZO MN_W760<;6(HN?IJ\_>WL:#)KYIE"PX,E5MB.]"N^AZ4WS0!T6$+E1 _I/?Q= M4T 9RQT.XO/ 6]EB$\;53=;!0;(6(.%IPP[)B2;3W-516R(CRRH2/7B& &29 MTNH-H$#B)DQ(-"]XV4LFU>$N7A%?-=-*FS9@';K*Q!DD+?5VP^F.IS6Z)^YA MR7NU;%8EITON[J-&.UQM*BI D"6S&K;SIKA@.LT>B1-!,:%: Y'<5%158(4& M4BSUBZ&H7,BL?K;X6+3(@=PC!9*M=]Y -^YXE^&GP3;#5A?0:N\49@)!DS,: M/431OGH=<@G%(YO#-Q/IE+(H^"773_ \0$$S(=HS[C^<[ [K:U4 WKDD!/>- M;S<)LSSU;#6>, OC,%,_EK*T<==F+"D4SI@,8'#4Q4,*V*6K1\CQ'/'G44&: M^ZS_34N<9@MODQ5STY ^#;<.4IG)VT#ETQ6WJ]'J3:1C!-RK>Y9R-LJ?=U/* M.J PI UHEG*D7#1@GAPK+;6 >U_B"<#\C FK>7'[Q\3RZ075-#$"V39./0^ M_6/2%=JG3.L*J9Y.^Q7:0_B7+J.%@SB-;QG4,WECB?>F"!S'CD$9EB*4K(7P MRD!*@GZ;D^B@8IEB!9VF5^X3: U4RB-&YMA3?F8=G1.AK;& =$M4JONES1M3 M>4CJ$>L*SYCTY;B:[VI)PMNX4'>7F7#UO>E=&ZF/[[@VEWH94J>S7 ;Y9E[52S^0PXH]WNHZL3.XY=[+LA7 M$_P[DA1:6[O MB,_+FF+4T; LI54DW>;#OPWN?^)Y65*SRI#8V!?A!9:J<+%!QQER)_%H&,OX M01V8E;B785JMT!VR3*JY_!":D_ .-#8TKP?6<_;H[GO\JF342NDLTX3VZ)JE M_C$BAD\-V,DEZUF U;QFDE>>J9'K<>0^HB[0G5$6#]C;4?[C! LN&YM0P,ZU M_B-&E%ML;H&4KOG?C?I?)_G]D:"8Q,(2/^RFWE\RWCQ>PU"##6?C7J%"B!IL M).B%R?8^].Q*-W ' ,D>6)/0[[=$Y3A M3VTBX!?ZZ$$+G@'U MT5-F0@1Q'SI,^RX:QYK'+SC,$3TNEN+^ QW"K\@LU=!D4@F--5P5]H3W?98E M*!2Z^+@\5UWXU0+=HB"OJ:)*-@<.'^P5Z[05BMA-7OXR(;:9Z=. M4V6SF1#(MD V\3E[9I-Y"?_?Z,823.D=:G"_V.$B6.YE3(7JMH\P!>%HRV97 MS@6X@CT)'1:%/-Q0H;P_.]Q9Y- =@_P+;,3X4&E9 ^)9,\1_DN' JK0:%[ MXN#L0/3..8N713G$3@LS=(9'"O[OW80@,M1*D$.;1 @3.YHQ8TP0!$+VF,%P M91RCE&:822IM[4H[H$"L\(?U[>0?=>6^C'P(T&;GEX-$+ O>YQT35=KK*KS1 MSMX=_N,XCFVY79-WX'V96.E-O[Z;WTI J127"K89LB^"NN0>$YY]%N)68&["L8!(_M#Q=.ZIRVUNXD MF")J,>7.T8T&0S2R//!^,4,!&IQNYV[8K**E%CDTE,LM'3<$-87<_H8!7EJP M#D1(^;SP[ CXFO42=B:D_(F(6+CQ^,71Z.(!<"6;CS@ EK:[]_O'RJD/9H9[ MV>O:S$Q*>H7SI)KW=T,\V_N^WRXVK2I3BHO/4A2Q?'*W05$%;7A'8\C"^P04 M4T]?[+Y\^=7;C3L7 ]XBGT5V3]+XD&&;9\'ZPJ\ &"\8U45-" M_@'T RSQI;L&"Z2,"3(?FATY@.Y+/=<)0Z?<8A3R$T!Y5C&AC%/O[MQ M[4>9N,.(-P,"#P,G:F.[V!0QF]XJW&%4VQ<*79!$DMN (0YBR74CD4YW.U<8 M3AUZ$+@Y9?$!:>-JY2 '"QO?);W)8:Y6&"VW]]V2^KE'5RU::4C.#@H$C!E, MAZZMF9DT^E-VYZY[ 9 6@M&6.&UBFB/J85,Z)GZ:$?4BS[K(@^7\:]%1KE88 MAW@(-%JA:7S=@%F0:AB/OG34CQ#WRW()81^84R(('YC48YDHY#_1#8@1LVNT MA<)^?IAP@\XG78;MSZ'UR*H33JGD8E^L.MNU!KI\\ 49$9]E9&S[D+^WD9>U M9_)?<\,+O"M5_IX7033LWF._R#M@:_&\1-;@@^9FU"[)C? ASYF$!L>S9J&ITV!VE2^2^V-\1^NY(]^V!2=>W0U\/S'7L ,3/,KXN&:3G:8' MLOL.V>A2(_-M1 T=@T!I6L \ZNR) ]A $@4D;?\6<1F<7M)N'$(."(F=X8Y MI%S,TZ3M"6H3VY(/ @5345CJ(TV#E8F:C#S04.5E-B=CCW>>=&0*W3*BE63] M=XO-GYR@$!^!:R)C4V10#L]^]&Q]..*ZR,L%)=;+PEDJ"VQ5+4Y*,&/< MY62;*=,0XD#+&NX !PH'*;9\6Z1^7Q?[M/B@CQG6O@LYHQ>H"5,W*7,@NWN9 MLBL[>Y^D:$![-XNFIG'TU1*F:S\UM'"<$P$>M&Y8&HJH6V+A!T)2-E($2@_(=&!/=5-^N$/\C*XOR'40)W;5,*F ,1%-WP4!)I>&3TS/#Y3!X([$767N.W?+L 4(N- M3I(TI[-SN^4)URY$FYF+4XTP_\UA_)?A,![.U$' [QX"VV>K&\0F."E\C!O& M;A4H&L6STQUB[@0+^!=D4/:G"9J*F'[)?,&A?1UW;ECJ#)+Y[78 K'4.-NZ# MO,"'+ JG(3OJ,"SHEOA\#O0]AD11A4OE&_!Q%VI _?1R2 I<8@6TS#D]'OC3 M;V>_AIE':*G%N8"Y,_#0?IH&0"PR?'SCHIL< BH#"0::RKI9^.;C-",86Q3+ M4-TSS12BVE _>ZYWC5%%9H0Q+3J38 )GX>*.;L<5.0"V"P39F"PZ'V-4Y.G\=1#?8G^@B4V6C^VV6 M0D(C89_D90V*F7OS7;I[I6/.;(9OHF&%_@>D/S:^;_(;YHWA?8+&]&CL++," M%23:8&MR9)//,8.(:\A!HQ N(9W S/#N>_3K>&!LY)/JJ,*&3. M[ZI+1K=!AK@EK:[*@I!U)I[!PKI;\KJX*/#G$$WG:R=&W62]31;(-KKU??AZ MJ'=VL%W,%A]-'I)=UOK.AJ$5%O8W6U"LTDV,2<6/TZ.M?B"UT<"E 7_^6$ [Y4N!"O5;&X]M!I3P M &TZ)*)3;4C3P_ /#,>.K>D;R@&Y:6B.QG^/ M>UWR8HS.2[)58F1S1Q.6@G*? *+43<# > ],7I#G[0!Z]LI.]K5J$92X^ (0 M\4.*/U97$->"298GU4'_Q*"7N)HGBO'S!A44KWDTW5!SR:*5=JMD]":>KXS/ M21F,[470.S3XW6#5"M&[>#/Q;5-7'"!#6PCA (."$14[.@!K[A_!CI#[RT5^ MG967WA;DS;0T SR,@3CXX*&GY9\*4B47D*3%*Z&A8U]I:T]J7$E3/; X:#>U MR>H(=8$KZ;T[L.E O_$CVRY?0M[TUBDL-&?AJ;8'J.[&]Q4H_<1^?:>^D7OT MF641YQS08,>\A],>.?A%3IZGSUM00U>X&""!>U.LL&_9HFB12AYAW+-?R0&O MV[:X@(:TD-(1J]4M(_65=2J4.LX/]4$UOB9Z[NG.\Y!DALO"A\W]H;"9QC#X MY-T\Q9A(;VG53V%S49./I''1Y*1XN[P;-=(=U64'IL#AC6F=&S>D3H9BL'AJOK ION+>)&^*3/I/8Q?MT>B;\24Y7K?U)V<>F;K_1@4,%2:<%'5:UM&ZY [?TJ<\TH1?:+00@F;)!$X]\ MA7JRD;1:8UV:$L[ 9?:Q;G!F+_,,8]^C"[O)M/!7H'IK+3(3LA['](_ A%!S MN>6%%@_V3''+A\6*?D*1 F?)>AT3Q0P&DK8MZ6CUJ?ANQ+OYUCE&^52NI#C" M-V(3VD=DU-I'@W^R/&&$+XQ$\L:V3>?ADFC<%M/()'V"Z61GIV/0D.2?:LAM MFHIC3CG]CL)[2W)T5:F??;RWEPKDM6FA=5!%0$?"89*:1S76 @0AQ M;$G44"/2FS%(FM&.-)5Q0U[FT)1JZ*&Q;IU+<$VVD59/)>-9O=S$5IVUX]A@ M)BM !N8BA]@N;A%^,SA&XM#69AIH!YNU6KM/O-^ASA1[= M/8AFFZ][^^=5'N+B?_#0J-C%_ $,)#I/F@/!TX16R *BV$W8?!@,*HJ*JFK$ MNT*$P7.G=HSBI\25W:3&I7ABD3.8#WQ+[&G3^6@]R83G&)>XR5GZ$IK,0^4+ M. "X)G#1N..I8#Q"L[.@;A.+R!)8XY938 BX@^6VUAJ,*/?S4K""E2!E_E@5 M\P\EY8Q7U1+VQ!S*&==16YQHXK!FH3\"W _0L]H9VE!%-;KP:\@%R-T9K_[K MK"@Q6PT=?!N $?M\!X8^FKHJYI-V[U"VJ+_CGH'M&4JB9?!DEX@;*-F+;>:908<;=>TJ%>F)$-6,*;=8/8"K5Y M6=VAU=8"N@UCM0H*Q-<.'84)54BWJ\7"60V7Y6K>K?Q6D&!(4[ #A57 8$<2 M"-4B?[T$_I"(]=P_(F/3?$308A.9C'7C41]/W03)#?/.:$>H^^$L(/P@C$3H M]<#F+F."4B'%R0&O72_.;):WOKG!NH!Z_D%GQX-V5$X4AU4$&GL@"WD;*(B[ MC[@A'PU%F$:P*LV;2U[%/I3'-"<,Y"]N=)Z(HH*#=?J^(@J09VSS:$T 7&35 M!U"[9#=XC3ZZTN ZM.H*;71VW;RD?%TY2BB;,6XUW0)IH/KR,H):TC%QOB-B M%:PIL78E7.2D14W-LK5%LS^@G 9X#CC@J_"64?-(94+Q?PO6,?"ZM8K#7 M#7_]KF;PJ%)[[7'(9^3\Q*?M75C/LPG)S.X3S[VWZ^GZ90P$)'0Y!6Q4W!0R M9N!DP*&#A?5'V, MG#O'$1H@E'$*J;YQ1I!/A4S[&R1P81;U;74%T<9VREM: M'&J/$Z2H-?R(LP_D.XB?6\>W1ZC;,YX@1H%2)#R*7.P@$@FV%V34-!P(QPBW M3:OA;X#3>J!@F=W&]"IFFJ0&ILFQ])1=;,2V8*$FV +43M?/HD&B2"]/Z^3@ MBV!\1"AB>FMM(P)L$&"6$TUIP/,<5R( E(C"BH"-D'6=PK2[?'Y=4:CM)BLO M5]7.':Z_Y[7;;4LW4N]4S285Q(S<-#N;-6L[B@PX?ZR>4YDSU&7YGU,< M(V&[;/3!]&K&D9-^-AVBM9CB*6,X=>@AO ^SV9=QBA..F=%* U"R8;=*&R9@ M,20PQ+WP&6/S#N0\DSX'06\1?DY73$\>& R7C94.^=\$B'$O8Z$(^WM[W[M? M5$C0\Y!!^V(>^4A>ORS>NA/).=J&Q"K/2DYI[:R6-O[4?UXM[!2EWC11J1IZ MX6%L)O?5]4'JBV;VABV/^ L%TM-8'\'_O/G^#4_,B?3OY>UA> PL-K"O/=8+"X"XF!>K8.B[[+;$D6 M.-3_D@S8XYM[773NY?5QO:'P[\&OPKK;5UGV.)J'-W6]@"C9L=9YMIR#?4C .5U/JX6^27@3D)]WS16N.1?XKY M+;PB+O(^;\: ZPE[B6[)TMHJF#O9P=P)JA+<^,1$53,Q2D#"0%,%WA1 77,[ M=[QTD">"E=/?)P$D[(4P6FXQED'6G]ON5!0[CJ[. M/^V^M (1 M$+X('7[&MNA"SF;!Z(:P7*('CY\<-4W=<,P"9F*1==ETXCE65Q*TXIT#]W77 MK (00A]JC@E:]WQT93";A\QX)M6+93QXNJAI.C!1@:@%>VA2WP,0+2A-<"80 M>XF,U_(&0Q32 DQ!)ES-("$,"9]!35]IS.>I- MDD2D*"3I49_4Z-,MT\JH2U&E3;EJ)6-2,@5?<#"&/3%R.@S_A)1HRFHDC5KO MS,&1D_HD.TP/]^VTK3L9Q1R=;S(US!0X/^YCT=05@=2[^BI'\X3."3%!T)VO;>DX04AHA%=L87T]KCO4LTL'DL@31PX (UZKUB\;Z M682V'E6$%GM?&("9^+VL'1),(7V@[GGJ69"%H9(72L,0G,K[PKW0R098Z%8I M!\O 5BA4S -$=^D$I2H32% H."E*,BQ\+:UE/<1@4<&@SWB@WKP,\A>D%\W< ML*$:5U1MRP&8].]YGGM:<2L@U4KP6* MECFB$N-/5@$,4@=H %N+)M!3NQK$URQ-;Z]0%): M96*NB*_5(&4?Q&-,1AKRUF'>WJ3D!V.8"?4>.8)>=X_-X"](Q'005OH>: @A MGEGZ>E08[",.;)(CY(8PC7!66B"C@*#)T,_0,,F6/A] Q?DQ=GK+I^.Y)?-7 MBA\DV<"^ @7LF$K'5E<@RR9K^C&IE66-"'?P7F&1U_-2SD.TO\K-;P ;"$N? M<@I>0(0#U'UB,U\T=;8(5:+$0$>6_(U/3_9,BS;8XDEMC"H2#*O+%>5:,>9) M%4%%8QG$F#8,)V(=YWWDBIT(KWD("=$"?3'CJ/R4MKU20K$5/_[&N"Z#]^Q@ MK,B4MQ$O"H:S-R=N_3T[3P^.S M@Y/W;\_A5\[.&5TIK*N)%^B>\+$_M'T.M803&IX<(D+XY#3B?TM?0/JLJ/@S M)RP:#AEN;&.G39F5 MGY<1IR<='L98)9!BN%-97%6*51+"4?E=8T:V-VD*>*$YBL M<; _EGFDWT@T7<::,\)TCI-'J=X5F%^8(EH8&]9=^T"LA50Z%%,7@P?+/DA9 MU]BQ@76&V+MUA32T&-OJLD_,%" 1E "XP-FOA97,4Q!?GE9 T, D-L"=I$# M7E,;1D,73K+0YGVG83H_#+>QDW )00:IN%5N-[;BME[T#2B9XWX:+0R ]_; M@#75#U@$E$:T?R.LJ*F=,;$=9:@JJLM25T]>GDU74PLV'-$VYA/;2KI:!A@ MJV 2E R#IT 19=H5(*;RAR4Z\6MA/EL"SM/DKT2'WQ"3-U2&D-UOBMFB_%H( M L?R!Z32Y2 LY9Y#7%-8'S0-L",WV0A MN.'2*JS# L\^YD/@A"\^ /U1BN-X,,_*G4G(@1[)[,.&]/MQ;$N?2,(YZULS MX^8F4U>)5+49C+#VUQ\K,)Y8 MI+R'J0 KBN&7@J;P2]OC0_71,; 6B3BO%K:Y#M5\?W*%U(+5*/T>!5K0XWZN M;W.D(J<1E(IK4>,\"WR5C#_=B<1$Z\^'>5N+>37 CIYH8[ON';$>6HKO+]M\ M^!H1A=U4Y]&C_Y3T(NN D) 4+51YI$@)T1K"^%@O<&&])PK+^/C&^%MC\5;R M;;Q,SB#(>OM@TP_)N6^'0 M@^PIXB:=G[;9YW50N3>27LY:_@\*IHW/5UE0A*I2GPU@WI5:ND,G=;X-4)?K MQ&@EKY@(%,UQNL086GR=9Q^!4-A3DA'VE07"K?8A)YZ:"@WB6<44G1W#MA!; M)C_8+LT7 3G=ZWGJ(+W%0V/"G$6MC^L^YQ:?M45\A4\GZ:O=N!@PWSH$VD/! M-RU_PLAR\\$\M@:FYSL^D 5+P2N^H$!LH2-S$:$J-49-_&Y+)4G9B/$_M1:G ME",I.]DZLD+I'D];T[$4% ?N?SB!,$O,6+^!EOB*($""\%- I+^,K-/9DJY4 MJ844'H/MH$ P )^4]4#5?U]F?&+P'''KL?*SJ6R5/5I,17M#(78(6E,=F_60 M!#Z!IO@% M!H(3'O@6J=GZM/CJC,O/.N8R/P+S%5MC Y*D_73G+++,'/?'GD(!!&'?MF>B%FLO\"D[L MD!>O]1<$/E2MT^KM?,WU4.@;W"?+%P7EII51=FQHNUG9M9L:/^MV-W2Z*?IM5 M-)G=G3"='#BS>)'I%M)KY7T%SX@);H[>AQQUJ$D*;EBBZ]5FE8^KR-Z3=?"9 M5YI ^7Q>-T %CKB.CK;H9*8H,BCBH&\BC4KI=HSG0_;T,%RPCDP'.^"NMS7D M^4)X.]>]2N#19^4P\L6?^@('D(-8GFB2,$Y846@=GD"GF_0EU0ZL[50;,C$; MW.;.0Z,D!GX!SE6/I"I$-FV&TXWA M ))N9H $&)D<$Q?\):]\JN/S2A8]CY,1N*3Q@M@C?^:U79B)'7VU**1GH:T7 MM3,*;CV19%EG58CEA:A&2W81.F/1!*-'QQP*SC&OB#Z"<'=AK'%#NA:)"HR$ MO(DPHDC%\I'/J"@*PY/,D1XB&.J_!R($AX8)B5)AQA8">P)F;/\4"<9SL-.( M[_3!%62*94L"=S\ )Q$9#%'ZN*U??U>,;CL$86)92\HY\X;,9Q:R) @LI42# M^[T#P!95B]P,-GY/K83PL)I0_MC+G+OY&2-E@!O"4N9[YS*-HTI>W4[+$RL@ M9[.ACC,K&:6NI) #9_2",!%.'17(J%@C%,!M=$)[+Z0L(JR)N(5-@P\)>HD? MFM[G_'B-)DA]&5YI6)G6%PASPQ=@/,QK9X,QTZ%V1.=01%Q20WP]C*NMW>64 M=_8[$4D328&V$":MF-I,&U,[?V3P.^EY]"VMO20L1N5;%O"+C_.R^PT$"&=X M",*9M^#[\:D7^27'FY46'1Z]@*;70&E'B@&A=3$=BR)[. 6:J9W7!UN?!P\S M&&A1PQ I,\D\F_Z-"X4Z(E7VH2;,D:,*[HNIEBD9.S5BC\?XP\#QL @ID.B! M+2-M36X*_J15\$EN1C\6U)DET7K> M9X6)>CFJQ\+.GE'IV8#FX# 0#+RJM#T5W C3./_:45L6%B&;SQLP,Z',O=&; M1J5$LYD@C8V&_TB&H+P4*8J*"NTK:""T(YD N%LZL%X),3W@U,#9! ]L*; M4 (0H5WN51'-HSV%"([RX/=I[/S&^\87"O0J[*BZD;Z+%ZJ0X%5 NPI)8N(4 M#.LG_"1PJ$9J@6S"9,R M^U@75/@RD_X&J@_IA6 T(YP1[/!\-@MJ 2\QGE86^27=+^)WXT 5''[),<)/ MT7&Y@ :DJY8RZ#8/PTRC@O*P7<292HQ$1 5" >Y=\)9 MU=R?:C)S2KV<4!NWYS:?Y"$^4K,+0@OQ#\5"!;MF[6+GH*<&'C#.F,\G2HQD M?L6 %MF=?O042PYS MX1:Y),VTSCWH;A?IYRY=_T[9S&3LROJO"34'>\#$>L M ##4+=X[A]:P9.*W/1! 5H M<6 .']2NVB41I1"CD\H$-PE'PDU(,O ;XQW3)#F^1RKR0R)OCSE<,%F;N>0T MY W1+"%#UF*.''6RW(;:<@E&J+XQ0Q>,"[3'%MZ_ MY MJ^'@C*6Y6*O]S_"9)$IFW0?7[&IOF^'^.J^RYL"M23>K%H;TYASVZGWTDS<6 MS[$G$4:YQI\L,IH_WW]W^8NLP5Y[I$,[J;:!^'4)JJZ]=O\#_Z<;#:YV-N68 MLQD;X*''[%0Y0*RDN3 WK0GF@QBA M?9,#^ .Q[NRZ2]\9N#FW-+0TTMD%.D"I+3]^R!Q.W9( >@2Z!5X]]L,U8R8>OBVZ%>P\I<_L/X/2#/%D#)Z"Y<& MU1Z=S(W[.CZ@]W :?\/-N9[@_S]E^1[ O]K)$58S'+K%QN36X_V'P2&-3J1\ M# 4&[N/[.XQ@+>IA^F/E'J$VJ=ZXU_["I;WA]A)TN'/'R^I<>ZMTZL=_F#GY>Z3)\,_<..E+]7LLS@7V0WI< M0O!V]JL"D>J+CI+_;HD^%BVAQ:'[UVWN+.<.PS2WM[>[W(1ZU[GP6%"R1@H* M^/+^SHN]O1UI4OV _OGD^9.=1\\?/W_HG"^GTH \*G^X&ZQNO(P)Q7M?-\*, MRUEG5")K#[&36+P.6=\\WI7H>[QX&!^?U*UQ1'[_$>/=S['U%"S$@2<-NM-I MJE>>SQF##A.*8&CB&#O.)K_+R>S8GG G[_ M.L_O-)-0:2+0B,_EBHE7%SL6I:O-1.W$?8Y:@]=$.= M7)XC!;84PG[Q2KR%8DL\:WMPUA[MH_1?((3(+RT>E9HL; AP!U$W=PS]=Y]0 MG]/_R_0)36\BV[+S%S)<+PC3W:> 8&7VK(AG[O=#<8&6[K MOLX!RU$B.=5=M!6\Y0YD'\7G9)'I5))WQ$QU:"UI2!;=:26!HD!GT M2Y(30KQ(&"V8!GPD];J 6$1MS5$GV>?#@7Z<2=CE-"(O6FE4@CIF<+E^H%;!]]VKMK*(TC[47\DH@'C M<^KW:/ 8=FK5O*?7HZ*I3SOY)RRADL=SMEK^ 7%@M&.DSMWGIG<\+*9IP/S' M>\7# )_L[3_X\) ;&."@N@N<9)SYE9+F,%EV?#I+F+S;KM70VCJ3V$ZCHX01.CI-$*/S.P-OO'8% M%:?%_V/O79O;-K+T\:^"RG]38V]1BJB[/#53Q>B2:,:6O)*<_+-OMD 2DK"& M 8 +6M>S&?_];EUGVXT2-JZ))O*BYE8$@F!J8O6U* E"!U6Q9!CGL"W%C_W-I.Z10H0, MW6@SL-]2Y'7X.,J]DF!A\.4W$GEKZ,4LNO(MCP>\F+QK:HZ7BR4#.,O:WWB. M67=$!>F$,#&@!X'ZC>$S"7EZ=J+$_'!Y],W?-W?]H*$28H& 6R\GX/Y>GX!; M"P3<>3D!A[N;?1+N]$LXW'@Y";?VAST2#C>L2L50/3G)D$-YP6,R/"#Q0A'B MHCW;Q$5%&XIB#V3HD>VY#FY4NPR'4=F&/;)MONB\;45EV^R1[;GT252VG8/- MF&Q;/;)MO^2:[FY&9=OND>VYU%S\!AYN[,>$V^D1;O=%)VYW+R;;;H]L>R^Z MX?:C\[;7(]O^\\F63\T%T69W_[.U&5WAG?WMF*3[5E)*L>D_/ZO!$M^'5LH^ M:9:)^W+'QDB[/1PNE'9GB;0O>N%M[.WM+I)6W7S=#YR63)9\]*A@9U?HOQMS M8']M.%S;Z%UX[]U/MUTE+F$,]]+K(6/1'G$"MZ)[>W?GI;;V,PXMNK.V-@]> MZAP\X]!VHH=F8^&J+3PT3[4A(;@#H;S'#W$WNC&WAHN7[R5VYM.-<2^VC)L' MO_T.?;HA[D?-I.'F2^W4CNB7[Z^@"JJ%_/8/",*#%1#X?QQ$GE9EU7)R:2HH M4\UU54-!IM3Z5#4&F5F,2K22V,^ABH:1!>]]N1_8 ;U[+L1.D@?"!/B3M%1 MP\(T_Y0T[4.1_>V;:=[,BO3A35F5V3?0Q?#OY+9M9V^^^P[+O!I;YO5=7179 M=Y>36W,!%]DB40'9 -')X.4[$*LMYG?2$$/069,V^<_DW]AJ:V2!UZHXT@H3 M$*[K[W-ZL)&!"PE%4IR3W2^8D_@0XYFBG_/V]L*V3/[>)L67-=@FVU\P):L/ MNJ^,Z'\MLRW:$)/<)EE]!QMO'4E5.\)+.R]_7.;1#/>(P[GL>RXH;,6S1T8X. MPGH 7$OC4_-&V(V93M!R\2(>)Z(].)@ Q".R'1P EL/L/PA)+C6SUPR_PO11 M/K)QF:1N)"VZRDP(X$8EA&[K_KR'\QM<&D^P]IVN+*V?X[UW3]&M[2\[=1=@ MM26#X#63.A\S^F('\X=J,J%M TNZJ4LOQU8-1.3I=M=1WY#: NGT4]X@9&X' M0T;VX%4-7-#A5L/?=DCHOP>BMPN8":R>'-'3_7+:[T]\Z)GPR>H4CD0ZBW#C M?9,;*7@>H+692MM39K^-=(SN$61XX@'R'KX1!F8%[E@7U M8LY@;(X3(*H4ZN&(]$%:V84$PH<$#N#6J,/1_*[[28VSI3MPHRV8 Q]M"[<. M(E_):* %ZH;936P?(J+W00&L>9>%^),_K\>TMH=X1QM0+>62QDA?\RZ7++DF6[-ZFQSK+EZ4/X MAVX(A8,X"*\:U#-9K7':!EA!C@0S*?8D%*R%\-Y <((N*T9P4+%?L02>X[GY M#3#)%/**)7/L$"+3ELZ) -CHRG2-:VGW2Y/5J@61U",V&%XR_,MI.5FWO0F= MEM-U!DZUXZ:QUM(HWW*7*3'I$;%*YR%)59KI0GRF>Z,^6L! M!J\(YE9D9Y. M__^[;=[]F!(=C_LPG7U=-ZZ[G;FA'S>"?;X[L*^J\J;R;AI[-<-ME*5FJ-@% MB&A0YOO0WHF\U]<^N%/09=E0LUS?B.*^\Q-80_RD]8B3VH=#@']\:I/(J%5^ M,FE89U?>9L6,.U:1CMEB06)_Z7T9WW8.HE\^&KD/T(BE4RHO)YP:M:H,_?8? MPXV!$5NW:%IL.0\[2SKQ+.=42>!8#%&(RRX-.'3'981D21U5_)A *#BSH63> M=7:+VVWG6\$84?L0I4A[,&HBEE.= 2RH;>HQ=UAA1 ,%AR]E349@G(*92>U, M H8U@!98ZHUM$?T019^Q/8-/H:\3ILPX>Q/9??VGOI-G>H)C8)^9R$/7XSFM M$-(I_/N3>0@>;9E8Z.)U]<#N)Z]@W1'14-W> ;*7-L6( *\HA*B0;O/^[WKW M/P&^S(@JT@>.DXQ:Z:%E5,D.NJ\T0@8XXK$'MG+).M!8:UXS)BC/ MU)+K</^3R[BX9;QZG88B/P=BX-X2PZ?,Q1-!HR?8^6)/ M-EN@Z!YC2X_ZZ"@S081X"AUF:?J48\W/SSG, M$;PNE.+I QV"M,B@QL!):/%O;@TRM0K*L<4W9@\?<5&[8,9Q9&4V$SS9I@@^/6'/+)D4\%^E M&PLPI=>(7GVZQMVPS*1+'>N:Q98B<;1E,;QV WL2"/D$:UIAHGRX/%J;9D"F M0/X%\O:]M@"M\#Q 76[F8/*[1_R5# <6T J-Y@4L#L[.<@9WF*%+/%+PO_<) M5)Z $<5??)/ZK2 M?!C!$8"9Y>UA))X%XWG/L)7ZRO)OM-;9N=D+7A@*D9Z5TTSQE+) M%P1;U:-=W-6[,1>'8&$O(@L%!4Y0O,XVI\'9(YO=S8"MZ%^9I;7!W\(",,70 M9\"#1_=P!HL$Z?":AM'D#CI\P(R^9&][GB$EOWG$_L:W72+2 MN%:-Z3@^O[VX_?DC6GB#MZ-M^*L\G6I)>7.O58'$?V\OD>;H[CJY.!__%WEX>G MR?%=!B@K-\D[!M3N^9S_;$>=V?\UK9AWC$N^^!/OS-5ZF,Z6?.H2%$K/YPC; MT=RH-%X2#+-R>(WH56#;!D.@J$LA50'GFZCK\R)'F!DO26(3*8? Z]/QLC#* MRN25D,H F+2206C,+6"^G6$H'PDEBLA51U@;$*/H.5$+B4AC8&[V\F'N2DN, M)Q!#$G1N/%0Y"#M7M01%S25>8N2U[T7@$17Y1X2:JRQP.1CC.);X)H>YFF-@ M7=^*L[1S)1(P3/89$=U!@8#=@^G3!VV11OV#F(FZ;@8 TD+<6H.M)8IVSQXV M"^'$;U.BCK.T#9Q=SM?F+>5V!:6('T$T[^8ZKFJP'F)4Y.AV!TQWN%]F,X@0 MP9P2JGC/I)[*1"%FBMV &%RC*]9GBL/<''!JM"D2:P.IQ;P5'*KH8H_GK>9# M0<9Z9*X-P=*(IUUE!YPY/:L<_/\#4RG@76GE[S@/)Z*6[FA[[L@-;L#?MYX)CD\, M.N3V@5"LC:$;@QDV, MUK91S>MT0L8:[SSA^O$].(*B9/UWC[1"1E (I< UD3*B=^#-6-=FJ4V:CC3UD*,PM!@H'8;DK[) 8=VKE9;!8;GSZ?P70-8X\68'0" MS0.^AYF"E;HWYH)D]X#&"NYOC*C"/\"*_ 2XD*V7PW>9BMC%CQ1H]Y@N".EQ M8EGB<&0#U*,44 2],09*'CBG.)F82+%*VM4)==;([8B5JXKB2IV@M+II^N4\ M?%ZU 8!KZJFP:@9>1:MGUGX-.20Z>385K]0 N#I8XGT>@(&C, M1DI!B4';#SP3?4U'! CG#A#X5 ;7GC](X.+\^\$$Y/ZD%L\ EBX)?S.RQC,%*X<#@\N['%I4'H.TXK\Z@*@M\AZK([3YC9&23SV^P 6.L,;-Q768XOF>9&0[;$72N%,.'Y[&'4A9Q2B4OE MJ-V8WQ@*A#KI)EOCQ IHEG$FW?.GST8_^4E*X.'BM,'$&'AH/PV\FBTR?!S; MT5T& 96>7 1-955/':TUS0C&!L4RM.Z932JBVK!^]L3>-4H5J21N)I>->IQV7<4WW&G*? M33D606*.<(JXA!XW\R@JA#U./ M-Y^C;X8NB5;"#53 MG9'UB;K$FB:=8626((Z+@5V%CK+YO+QEK,Q!5R_,@0F76:ZDJZI+F+ML,*.$ASF*X&RYC_-:^V]@QV5PY!5\ZJ]$J MHE.M@-;]\ \\CAU;%QN5@-S -T?#OX<$F;P82^:2+'DNU-4]L M.: SJ*#IS17>]3%2YG#A%%!!3T9OY/T6)3HJ@[*]J$H/#7[SL'*.A;YX,_%M M R+CH45;""L'>@4C^'9T !Z8!W6[."+^]Z6 M?:SX'OU$#GC5-/D86&PAI2-6JUE&(J,U*I2X MS/O(4Y6OB9Y[G-,IRYPEA]X6)LC(H/H+[HC%TK>RA*,Y]@ M$QJ_ >#SZ2XP5D8YR5R]4T<Q16H^AKH :YANLV+J-7+$J71A M*=1E \\(,H-UAE6MMXJGFF.9H$20 P0>T^*??.]\P3O)Z:HLJ2G[V$01'!PX M5)!T6M!AM9;6/=-V"P-Z:A-ZOMU"93 #-FC")]^@GJPEK59KEZ: ,W"=?JIJ MG-GK+,78]]*%761:N"O0>FL-@AFR'L?TC]3)HN8RRPNT$/I,,4W$E"C9.5)@ M+%FG8X*804_2MB$=;7TJOAOQ;KXWCE$VD"LIC/ ML0GU*U*B [+!/UD>/\+G M1R)Y8\N_(*4 ET1MMIB-3-)O,)UL['0,&I+\ QMR&\3BF -.OZ/PSI)9>/6ZD75' 3"&4,8QN1N1+80@*:Z!*W"&=2[]".U3F U"Q]S-J5< MY,D<1)I03&+#VLN%9 \#2A%3*%*';M,Q:#04514:L:\:X08?#<63O&UD^) M*[M(C4N?Q33C6CSP+9$'IW71>I()SS$N<9VQ] 4PTT/Y(S@ N"9PT9CC:8OQ MJ/"=!36;6$26P!K35($A8 Z6V5H/8$29KQ<99QY+J93Y=9Y//A:4,YZ7,]@3 M$^A\? BH=(*)P_:&[A/@?@"B:V-H0\/5TH5_@%R W)WAZI^D>8'9:F#]K:'B MV.4[,/115V4^29H'8][?^5U=4L#B% =U+K- M.D?8VD05*T'2XD&9$TX-\&T;.F=H ('# Q%$L/>2GV_S0C7#@(]K1I)2-G'J M1(",2EYB:25Q6OD\ = M$K&>NT=DV30?4VFQBDR&NO&X6T]=>\D--6:T(ZS[82P@_(4?B;#7 YN[7!,4 M"RDFA[QVG3BS6M[J[@X[!ZK)1SL[KFC'RHGBL(I 8P]D(6\#!3'W$9/XT:.H MIA&L2C5RR:OHE_(SU0D#^?,[.T^$9L'!.CM>$05P-E9YM4T C-/R(ZA=LAN< M1E^ZTN Z--856NCLFGF)^;IRE% V9=S:= ND@:KKZZ#4DHZ)\1VQ5@'LM3I' MNDN\RDF)J/9D;8TBI:.;!'@/..*H\&?0'4IGP-;[15S/P.?"7@R*;KGKAC_^ M6#-XJ5([<77(E^3\A*?MO=_VLZB2F=TGGGMGU]/URS40D-#E%+!2<0/(F(&3 M 8<.%M8=855N8=PYCM ]HQ12-6=,8)<*F30W2">"S.M[LL;B#8V ][2XE"[ M.D&*6L.7./M OH/XN55X>_BZ/>4)XBI0BH0'D8LUIH2GFE<;#H1CA-NFL>%O M**=UA8)%>A\BL:AIDAZ8.L,N57:QL;8%>SK!%B *7C>+JA)%^#^UDX,#P?B( MH,ETUEI'!-@@P"PGFM)0SW-:B@#030HK C9"VK:V3+O-)K$PB)DKB 3#>*W#ESO!T,[ZE)%E./7J]]VE%.QF^_6!JK?H MMR.7':X?LLKLMIEY4N=4C9(28D9FFHW-FC8M10:,/U9-J"/:3.N-^SK%,2*V MRT(?S%[-^.2HGTV'Z$%,\9@Q'#OT$-Z'V>S*., )Q\QH:0-0LF%72AM&RF)( M8(A[X3N6S3O@^"1=N(+.(OP8;ZY.7JD:+ATK[?._J2#&#$:7(@PW-KXUWR@1 MR^>0B>=T.>NU.1.=H%;RK+"TXI;4VG^GX4_=]E0!9%/:F"5K5T OW M8RMA/F.E)?D%PK0=RT[=^Y=!#3S8*Q0:I/HA)\,:JG%8*;![T#]CBP63%#IX M_;_S\B/UE@UT#-L=<.F8I,N=NM#T6W4GTO??K^F'0"NH,2NFD%NSK5)FZ_E< MT3# 9CZS">3_;[BWC5/S'?\V^:&HQE"%A]<4YKO!8#$7$A?JZ3XL^BP#*^G" MH>Z'Y($=:+J3O#6#MZ_K/ K_[GW+;\_]/DVW@GEX5U53B)*=VCY-9IF-/)X_ MZV6N!RY;BI-OBR$@20D*W*B<.57P#N32A0X+YVI K8D8BQ_I$-*!7*/5]./* MT@8@.0I;\MY-4$ZSZ]02)8.7L]Z,%).R%<+7<=""7SX)1N&AVB9D@2*7;I/24K#^SW:DI=GEU M=?9Y[8)ML,AJ47U0624W\]1HRS8+FK?Z&MVDUM^5#Z:$WZ'BSE#64]ALJO6] M^@IM(DUCRPJTUJ7[4@7#V Y$LP\0)&&W&<^>_D;6 DY=\OA?40]LXN;0FF!, M(/82N5[+&0Q!2 MJ"E+!> 8)X9'P.^CI*[2Y&2Y$UW:*!QF7[GI6,LASTC%' MG4D2B13Y>#[6)U7Z=,6T,NI25&D#[EI)&;_,%E]P,(8],7(Z%$R%M&C*:D2- M6N?,P9&3_B3]F$[=M]&VYF3D$W2^R=104V#\N$]Y7954I-Y6-QF:/URB@]X- M%/#)IV4JSU]K@K,Q.]E[1 !%.D6ZE[%W@59&&IYH30,E5,Y7[@3.EE0 M%KI2RD&#M>6V5,P5B*[3"8IU)I"@T'"2%V18N%Y:#9"(P:*_ M(+YHZH;UU;B"!Z$ 3/S[/,\=K3C@*'*L$H![B@B;"VNEXQC$$( (%06O)64; MJ%\+%"W#246>,Z[J,O,T$%OVI-.P.(S^O?1@48E![ #UP&CI#')D7ZO@BN[Q M[022XBH3R\>HS+2D+?V\_8J)=\;PXRH]\ 1=+I[V0R^1WTBF_' M0CV5[%X M!+"!L/4IH^ %1#A W4T:+PM'M7&J"+!L+J> M4ZX58Y[4$937&FR,$<9P(A["O(]>[8W5J3:VP@7!4-.S:WQLFS"@^NW\)>$<"193X ^MI%=1E,P&J%67\4- MA+O2C __:M'/(/Z-"-PKCNZ*JU"_?)18H%O.[[(:ZDGY]5+4&N^DLV<&FKZE M*5^@+ @ZQM8Q-0PNS9%.DO2+\]U MT=^IVFPL16S@NC_[)3D_2:Y^/+X\3DY&AU?G%Y>#9/3N_.R'Y-S\%GYZ-_HE M>7L\.DJNSN&#RGEX?G'\ZNX%O&SEFZ4MA7$R[0$]7'_J7I0JU%G%#_Y! 0 D*;"9\@_2XO M^7=&6#0CZ]GI.1/4I,," ?&6;>RX M*3-W\[+$Z8F'AS%6": 8YE3F-Z6M51)L4OF]>#>Z''I"@@LNK!; ECQ5H>&Z M4IJ0B_))NAQC_J4N$W$!,(S"?N\8E3WB0.?C7V+.S:^:&CX<%8+MW8._6E^+2"S:FB3H'28^Q$:W9#@1>A7 MD@;<%;VD$K%4]09@R-8 NY>IMD7L6%NVP:5([Y2K71;$U!>T*$S2NGY09@=Y MJCB!T1X'_6691_J.1-/E61.N,)W@Y%&J=P[F%Z:(ILJ&-=<^ &LAE [%U,7@ MP;8/4M85DCNPSA![MRH1L19C6VWZF9$")(+BE<"X@)GKQ;4U3%Y^>58!0@#@ MX$+M(@>\!CJ,ABZ<9*'5> =^.M\/M[&3< U!!NFXM=AN;,6MO.@+JF1.NVDT M/P#>V0,]UE0W8.%!&M'^#6I%5>^,BNU8A*J\O"[LZLG@V715O6#]$6UE/K&M M9%=+%0; *J@$)9?!4Z"(,NVV0,S*[[?HA,/"?+8$G ?1;XD.OR/0;^@,82Q. MU\P6Y-?\(G!L?T#470["4N[9KVOR^X,&7NW(7?J1FOF-#]!R,,RF^R%R^S#AG3[<=F6 M/I>$<]JU9I:;FPQ=)5)5ZF&\A3G(AAHM54L1*T4!A"#P#\2K:ZM!JHN.@;5(P'F5H,VUJ.:[DRN@%JQ& MZ?LHT)1>]V-UGR%J.3W!0G%-*YQG*5\EX\_N1$*2=>=#C5;7O*K"CHYHRW;= M^U1@ENV]\'6;#X<10-@-[#RZZC\+>I&V $A(BA:Z/&*@A&@-87RL$[C0WA.% M95Q\8_FHL7DK.MK5V\R4\EQ8A4>-8JI;16A\U(WTX)T,US7FLB)!KI/1Z;Q6 ML27=87 0N#Y#NJV3ME$RI!<405\O<"K_R M;&8?S5::+M'5KG;59*ZZHH00$&Q,2:<"RE7=S%.J=;N8FW,XW-Y&A-8+5S=V MB;?+O*"6;]JG(*,:SH@JU(8'6UL(V09@?N EAHWL\ 'XL _H^KY_-&2G!)4B MN!LH-9;/(B!G.P_1T1=)0BNXF8;>;GU'B<2V5SIYWP2Q'G!2X& M5?)O[0G5:")713IN,D&_(9"!QVT5-WCUTPX;UY/C ]>0(&GS(F>*W/="Y96HLL!F# MD>@^3@CW?$DM^86N6NI5[$MK]CO$:RY'ID)T08+1]7:GB*:@&XHZ%;*VP"U> M#J*+/1Z\1MDEU1QIP_^@V/7R^2IR"@B7-D0"716E=2S[+L;)*G7QW)9)BO.& M<7?1^R6;D<_/;99^ OQNAP!(I>8L$&KVCQG!0I7H?XY*1L1MN4H22SG=F5DE MJQ[439OA.:0N:S3[MKNZ^FP[:OLE1O.HR4.+>9#$+6EU,@^^%]4L.5 M+%ENO@=/M3_GX,4/9<%BM])7]&-.[9.Y9]?:$%RD]+^Z,YGN=O&U!]K!D^X_ M"P;X$#A]9#;'G==0"DJ[='^90%0SX)%8A )^0Q5W4E!KZX_=;:!C/ V9)E9J M3AQ1;@L4".:[HK(>6FNK*S.^T7N/1-&PT;HN-:@%.BAYFFX\H[BLKR4X7:@\QTX/"R*L^?F)9\?N@:(TW))@0?6&:E)_J)( MG'?"/5<^-IL+&QG$&9?L=[<;0>L'T%<698_UEA=+&L]K,[E8NFN,:/[)#I## MJV94GXP/E[I8F#P?ZV"G*Y7B1D_]Q=PX0JD^Z)$_^W@G G"MST0GLX.65'_0 MS+8[D35JR\K1]"2)O%7*5Q4J?O;)Y6C;PE*#QAF%44@T-GI;;^YA!6_SF7D3 M$L9VBB6UG=2U\;A3$^X3A&RU\J&$=X1F^/$''Q(2-4G.-$)VO9JT=/:P[#U9!U?H0!,H MOY]4-2#O8QE52ULT&=FB3>B9HD\B:E%A=HR#'W=H3(P/@< B:Q =:RHP[_UN M$FXSESB_2X)CH)E_Z_J)0 X"5:-)PK!\29DL> .=;M*7U*KSH*=:8?=I5V'@ M9@EXLFMCZ1*:@!:5#0^9(M7C!(Z6G3C+BX#6*-DL]%>?ED?I0[L:3]O]&M4: MLMF452BW4U"-1?1<)*:[@FQ22_\YN<_2CQGE#/$#<*XZF'!^(>'BZM5E93=1 M[]HKO%DR.%F=U%6 S6GC,ZIA(DHXYRC+Y46'EC-CHU5TRE"\EO0;J'38,O6=== M,T>"L2'6HHHF2#LG7FG8"-H5"$LQQF \3"IC@S&P*'5W8Q4%AB+"#C:"Q^(R M]LI<3EFK/Q-@HI$4: MACIB1!"UEO/%'>C\3GT='-N\D83%*QQ#" U].@^ V M$#04P$NP>V %>"V7Z91O2QCF+M2$)2FH@KMB6LN4C)T*2_V7P?6!XZ$+ M$D&B5[IKNU$=RH.HX&D\RD\N#5]74&/DH&T)^UWY=L9SL[76M JNIH2+C7,B M0M(@?FKO4!$&(9T'[8_(N1MT>O9H#@X#P8/GI66#@QMA$)8[M,2")!'=R:0& M,Q-0)6I[TU@IT6RF"N+:AO](!J^;&Q'!\A+M*^#K6I/$&]PM+5BOU*#0X]3 MV81^%0 I@D=)/1;M*:![U*<1:1-=K,@B=WW#?N+Z<3D,K-1/39_%"%Q)&5P\.J MZ+?0F9,CFPH6.-(W=\A<4*,P %!GJB0CV$.:"\XAOK977]%S.%@>@K_-"8NJ6'2FWB-,V#J"9%H%--B4+ID*: MM'LTY*0]%NUAJ%!T6NPBXZ2)>?Z[%!5F!$#Y4CW!SSV111=-BF..2[^Z1B. MWGM4S6$V85)&GZJ<^LQ&0B=B]2$-")ZFA%."'5V-1E[K[37&TXH\NZ;[1?QN M?% )AU]2^O!5=%PX"U9F-U6;6RB3E.BX!J0K'N2A2%<("?XIE;RT$F4J,!$0 M].-[Z1DJ:ZR8#BX9&:5>),2:N*?3MRZ)(RWR(+3@;%$L5$I%M5UL'/38@WN, M,X;/"A(CJ5LQ0"$WIQ\]Q8+#G%!>C"V BF56N;=^N)^GW,+=.O:T92?F)ZOP MHYTE>!DNL=2O&_;#POM6I^O#A&%J1IY(# M-6_<=1HQ*6PE+\!W5"$JLH=!3_XL%:ABBHL+GN"#%K9)(@+2+PL:A,@:$T:B M *>5H9^\?L\P,(TZZF "+; CTO/-,YZ4:PB#;E$?8C:F,'SGLNHXIK- M8G%K-P_,QH(6^:?.!H,57>-5[F2,Z81<9_<4?2"X)VX9L/I&U8,$!?X9^8Z$ M??O ;@J&F(3JS/RT%,\8^UGB4IHOX!E)5<6M.W!JA_;T/_:ME>K*IBWIQS#( M?54Y#%LF1F6NH-7PX5RZ-GZP]C]7JT6+TAZZM6SKEDJJG\[J^[0^-&O2CLJI MPIBZ@KWZ!"Q7&K;JU&%VHUS+WRPRJC\_+0$6+.LXK9':DG1H*\UM$+\N0-4U MM^;_X']VH\'5SJ8<0Z2#PY-!K33"*S'' 9??"2PY\RLI7:X*<8/KCB[=[RO@ MY@+X=2D5*@KEI7##C(I=,#Q3YH!BG#E&CWP/-?_:#'W%<.%HF. ECS;!:U"Y7L%/S7),9:%'9G% MQN36UO"U=TB#$RF_AGX>\^NG.XQ@+=K#].O 4-(< MR^'N^N[^M[(#-LURR3/,8F]N;!P03_6]T:LM?F%MN+.^=6"_L54'WQ@.>TS* M#[,I6O3>9G6;+$P&=F-ZW+)S-OK)5B)5XY:R_V:-/N4-=6< V]Y]9DSG%N,T M]_?WZTSZOFY\>&S@>D#(%_CP<&U_8V--2.%?T8_;>]MKFWM;>Z^-]V5T&H"U M9:_7O>4-US&B>9_J2AAQ^_B(6M+U*382B]LA"YR%VQ*=C_W7X?F)71O'Y/@? M$Q"@ZF(H=P^4 4AS!_YFA) ML&6(=W['A--<5J"EZNR:N:,E0_.9^*S5-=:\P1E;94ID^DZR[&?0?_5Y?9'E M=^-YW: V/3>_0C:KYLB<@//K*X0ZEX;GKY[-,VBJQ37>@#7>'*+ 7R%$L/S- M6=4>,N!/-KVJ &ZK.IIG5]5H0K@X,/X3T.J/V=7\++HC3B3V)#+8M0ICO9%( M*;Z7.ZPR27\+Z(*EEA3=)]>[S.S9?26:WKK;/Z=,HZ"*6J MA0+T"3@>,>F+&7K_Y.5U2?T_#"]O?!-IBMRW9F[>8;[Z#\:,:YTY.\+(+:WL MW-.BF!/80O.3,=_9*SV_EKOVC^HWA:;!ZE,2F<^1JO1[?PL\?(^8MM6MLW , M'3&6B/IS-KXT!N.(N[,>(7-@;RX2S']I1$+P/H\JO$).V9,\(3#DQX087MBE M#6>@=U!]-O0'H[OADC9;]R2#8HX"P> >HZU@E&N0?A2GDT6F4TGN$2-#HK5A M8[+H3UO0-8K$-:VJ(22=?DUR0HP7 =JEJ %?2=PR$(RHM#F*SW88V5@R2&$_ M>!.E2Z)6?'Q^^F;33/M%5F2?TK*]JJ[2ST=2^_$H8X[*$3O32KT0PE'$\!B> M6P>?-J[:W)60=L/^"/P$QMO [5'O->S56O.>AD=-BI_7LL_8LBBOYW2U_ "! M8+1C!%?"):?77%U,78/YS_U'4@>XO3%\]?$U$X;@0^TN,))QZE<@!/QLV>G% M*&(RKKI6?6MK3$XC"TXE;G'SE1\I5OR(Q<7S+3.M] .&P+UP&E9024T2?HWG M-#A*&**CTP1!.KQFK7RRFN\J;X7NE=>]DL#NP*G WG#W[] MWCB$7^P>;&]LR&:!RD1CM1?-W[[9_@:J3>BIQAK.OOG[QKKY^@X*WR>+R*I+ MS$;EE"&9AYOCX6\E.XJ]JE@RC'/8EN('_F92]T@A0H9NJ!G8;RGR.GP3L#A[F:?A#O] M$@XW7D["K?UACX3##:M2,51/3C(D45[PF&SN;NV3]@QDB,OV;#,7DVVX>[ 3 MD:UOWH;/=7+C*G$8F[?AL$>VS9>1^V]B(;KB] M'MGVGT^V?&HNB#:[^Y^M@^@*[^WMQB3=MY)2BDK_^5D-EO@^M%+V2;-,W)<[ M-D;:[9W]A=+N+)'V1>^[C8/]G472JHNO^X'3DLG)CQX5[.P*_7=SA/;7AL,U M.4A+WOUTVU7B$L9P+[TF,A;MZT_@]D9T;^]O'KS4WG[&L0UC6VOKQ<[!,XYL M,WIH-K_ZS#S5?H38#D3R'C_"K>B^W-Y9%\^W1BCJF]KNU>[O-@&?;HA M[L2&N"_FY?/OU([HE^^OH BJA?3VZ.8&\H?YIPR+(/#_.(X\KI:HPSKVXQ[+[8[OW=C!L.[>[BR^0Y38_?<-@'!WNK[7);:2+$ MI8_,TBY=#TJ#Q-XJ(H& 5Q48,23PVW2<%4]J2T7['* V8ZVMUJ#@E3,Z*&M4 MG+!"./S0,YA_PX.UC8.UK0VOHC7VWF6RO60,9'MG>Z&\(BMGPO^+BI*+A^=: M>:B\1H$6O+!3DA[]Z(M&X';W_3+UJ$2KR?T"U M*J2TP@2$Z_K[G![L:>":0I$4YV3W"^8D/L1XTNCGO+V]L.V3O[=)\64-MLGV M%TS)ZH/NJRCZ'V$3"- G'@!,X'5D2-ZNE\N^_V)CRT3 M/ED=KI%(9R%LO&]RHP3/ _0N4^EZRFS24:Y?UY0"=9PS*M6^<^2A,,L#AX#O M )0PTC)PS[*H7&G4PFM]U/ZF!M'2' M;;3%'606@K&0VT.-TP6Y#MTT-X/BAP->^R&'[RYYY>X-]M(^CQLD;0 M_K;SCB%^F,Z^O%_//]_<\HOGPC[?]4B^JLJ;RMNK]G##?LY2,U3L$T+ &/-] M: !#)NIK'_\EZ,-JJ)VF;T1QD_H)]"D_:3UBN_9U*N,?GUJIYHW="+DB"@5P MYZR8<4\;$B1;N#CL0+LOX]O.H7C+1[U&+-K, ,7&>%CR%G_+@=:17Q[) $6>)H)CALDN)/BFUC,#NJ.>"'Q,(!6NAX/=8>H M+^'?G\S&L%!E,V(']+$H74.,=YDP"#8H9FZ.,%NOT9?7*[-(ZA)GRETCN$:; M]>#I7P.$/APQ86!U,*;)W8*4:] M/0*^Q].QY))9HM6)6U?=1@/AD%@&_F)YV-$\ 54#P$]@GP#-:(%GT(-L^@5_JL M^><1GN!;ZW!LR!L#55M.;L%!8P!"3;_2H+?M[0!P%04*=H+DYX/D!X3O?A@D/QHC,/EG!:C&IP R 1\Z;>HT*\Q_S729C_PC MG:4,^7>6@;$!GS)ZZBR[3_X[2^D[9X!^;3X,)WF.[">79B"I.>?F;9J1F1>P;G$H,IB H)T!A@4:&6P=<)K7WT?M#I]JY9W^'*M*0"I=&9'T',K-D=$*O4#U'V M4+QY [8,1 Z23V5B<*V2X#Z*)%Z]988M2>9;X&2^P^XO&TJ M3,35O)56]NAB ]&NPE1&DEEDOPKQ%HA:544*G*DTJQR$Z /#L>9 (VWEMW>) M+"_A/SKS99RUT"3JVJ&U#@3H?0+S-D_XF&6SV&4/L!,Y$[88H<%&KCI\L-'] ML7Q'VX-)8+4-F#(6JAG'QU!J,YA$D"@+W]>-6D7-3; M!)17>*$M802 X0U$AZ50_P,,I@-O9:0A&G#()\:VMFX/4T7;G2>WD7^;*G4( M5#: AV0$;8R1 8YIRJB G;?(0]G5^^1 0O")R.M(83XB\L0;6WB4O1FKFFS5 M*;/N"!,1@&;!%GZ'SAUPN\2.<<\6MB]P#'@<*24 \#8I,C 3#C:^[?)JMOJV MB&$+=>X-G':_<]T2PSIRMF#:'?.8I[>0YPYQ*3BB^$6B,*;3-$-=G-:,2#MK MU25+>FG9HUY;[XHG;3X#B8:Q&1-$2 (+ :#;F6JGOT]G:)?#Z &_'PA),$8( M_P #\!/@X;1>;-/%7XB%A_?[-:&A0W283 7057"Q@CC7Y@3G1! -_$X8(PEA MPV-H9%V8:+@;R"R'YX\!JAQT#VXAC![9B\>Y"!&VC:]R*+H7%2$,=), R_E) MO',&F$-Z*KS]0(MKIGH-L74[P47E;VI<,(VKY7T>\1H<'Y)@%[]>(&C,,'1D M:^P,*8(4T"5"TJKC=$Q\3O/ONTGF7+0(F<>)%4IKN6 ],4X"JJ;5G:NK(H)P MFA/+CGOD3#NX/ P?7'\F$)/@3Q&8N MYW>8NS%2N# -/+NQJ?8@)!.'VWY4VN1W"$;G3A/H)L50QO=?AX(4WC:S,T@N MA=D!L-:9L=L'.#KS*L=6T>&<50);&$S6'68 3.&ITZQGHY_\ )/E?@6BAP&9 M>!L7F-AK M0FD1]81E"A 1(Y+#PLQ'A]7B,D95Y=MW,=8@GR'!9T) &U9!H_G>%GR-+$"R5L&E$)E@@=[ H>W5S!"5\.+ MZ($A(?E"-G\99[=I<>UTDH1+U0. .XC9H-6%VO50!.M@["F6%FQT#V;#MQ^?F739K.$"?Q0K2(IKB+VL+L1 MXI1-;+^^MW>T>?6E!@;CHI9>&/S7@P[>US@C"\C%!(FE!?PV,S_973Y'*/)I MWF!8&#YAM"\9@E73Y&-@F4DA6L4JV"PCD<5,C4^!88P^<"Y6&W1TBB+$QX\EA-$@F/N%CFDJ"2 /RP;6+[VP.3E&T<_*B5X4&OU MRO[V35O?!,=%P?FGY1EPLN)AX$QRF[X8V!F18\M0HL8D@@UL-M^#8Y>B*(D06B>_SO/)QX*"Q[G ]3XSAC.% 8&:HH5C$.5\8$*VK M$CCPY?O,(EI1V'.!?O2 M9F\1F]C$VZ*=)^E=YZW!\^RM+]Q7R\[?,67*E6\3GD'^1!!PT&XJ,Z?F)3F0 MUB,6@CK?[+%JB*\T#N['G)7>R@#PD^J<*\>AL@B8B#"9+Y$\%Z&WDJ) PB4' M[BA(0\XSBF(T'T/ZSL1=L$7Y4_5)^IEI\&$%^9V>*:E_9-[ C%E&@ M*G>55UMZQ'%:?@2-0+>14S;+UOK$9;@OZ=H-UUI3C"W)D?/%S2OKX@N:C U3 MR.RZ*]O(;) [J$S )5?4N^8E*L+%;+FD]ERZPU+9JJ+JFL+S$[BZ\"?8+-/J MOKP!V[49\'2*R>;23>2@P9?8JZ8M)Y94%1XJE;? 4"5-$"<3R>D+4@-K3.Y! MJ5-KR\(28IBPL9X>9&5==JM([[FXWJ)^JVD2S&*/2YG"B5C4!2J2P.#=+*K@ MGR!1.Z7/ T$N0=Y3W;76-B?KR3%H,308((1Z6HH 4$X&*P*J,VU;F^VW]'RP M.0KC4TQ<1D>4NO![(2HZ&]IFKL#I@?':^%ON!"N9% S/YM2K$W'76;";[=,FQP#-K,(R.K;N6'\8E0@%:;A@%('ULHK='.0Q ML6GFTL@U3=MTH)JZYF)_6=9T]-V]&$GW7B^Q9K8FEFF,_H#,FMT6$_MX:*BN M#@K:053XK^2562U1POLZYP)W7%A+$MJU_"'DD4I;*$B8$R4O,45J%1$N1/<4 MQ.WEU5)OBV[GP_"\ZAJUOOO8'K[Q@[Y!\+@#J2-YM'@_WJ7<+& ,4P"(D=)L MXDD=R*_-5F[,'= 810^!?S9U,&94?LJ-1\8%(=/T#AM*[//,5:<+0/2USU'N MZ#6OC 4Q)I9.)@4MHKS47=YX*F7#K&\CZQA\3%V:N@2H8R"@$\2'S'CE_GSK MZY:'![/CFRW<'\E1%PD\!WS +LK1Q]-L1.,(QK*Y>HL5M8=^R8_;:N$# M"B%WD_#^*^"V$1JCDHITX=KK^QJJJ73F_ FJTN/:6-D+ZRN^'2W[NQ0-(-S" MSEGAR"N97#=U=6^TC/6(I76'P]/+I+8U]8[R6$1^F!12*!GLI&+Q"& #8;XP MHZ0BV,.IX\_1VW9<5^G4CY**%;MDR1W%0M=6:8+K##F?YQ0L0.N4:DUVKK^)&P-UEAH%_M<7=X(E@ \N*@[CB M8';O8"#XWT!J**NKN:W:DQAX/%UL]SBTU$HUG=2@4A64T44J5S'P&5'XX>3< M5, S)N53<#/P-(!7"P85^_BBZ;6E(Y5PG'/Y+F0J;X!EY>R7Y/PDN?KQ^/(X M.1D=7IU?7 Z2T;OSLQ^2<_-;^.G=Z)?D[?'H*+DZAP\F)Q_.COYRF1",0G)U M,3HZ-9\>71GK^_W%\;O3#^^2\XODZ/3R\/S#V15\ZVSTT[(%.9.N!>!T-0NZ M;('B@7A5J:C.*G8,L3$B15_3#*LRS2XR'HR-Y4K?C_Q>*J!M$M"HO D):"GG MU8ML2+@*/0K/8A2.(Y0B1U^AU/$UEZX:0XCZ4\XFGO1WNRAY2S4!-DR=EI$I M>+!U$P643/XZQ_H%^J(T+,:^Q>G+Z!#P(:[E@N?$G[;7TI"EAD#*P05#.0G7 MZ"R<%Q'UW@K!<+T4-YA?K'5\"XKKZASL)5QRLF4@?[9T TJB84& [K3K55 I-8%^$VL8IEA]:[U3SJ>1D4L!%1L>M9+Z:<1P !BV2*=D8@RBWY(# M=T- I>>#QGO>"R[Q#8GL"NHL2=1/7CL(+9R7PQQX@?J[]"/5VE1 M5T8!+!O5 0\#BPK!#H&T'0: \CM.%F-F&?R9L-*(O7U\ 1JM%*!4Q3"YV<'' M,O6P[P;<)Q7^7CGH,'IWH^73J1'@&*,>P7?<5Y:=@G,)6W"]6/12S!L]B$I] MA?>V^0_,(:J'5*U<+$ )I;I@DHBEV%:#Y'9^!RUNX/H.Y*ZBB @""=W-2^'6 MQ,] U)+_&-U;TXEY=?@ M1$M%/S,:2E8GPYRDW:)H)ZJ#H\:E4T$JL-<1;=DN>D_-4[HQ=-%F0F&#?I>! MG2V77[ E:6G;(ID@4@M^S*(=3'BC81BVX]QHBXU<-^<#+1W;169\:_0-2FN= M0.:H!%W8/TK./6+E6;(A*S7' RAD =D'#&-$93WDK17Y(S?HZ/>(\8JU-W6IC*86[XB\N:- !;C^ M5*.B>Z8E)(VVR@0CFPWWKN$%)$OI0V;(.0[N'!;%A9'F)9\32HAAS)4-'E'( MG20#!I/5)"\K8@J,K-BL+DZU,CXRZQQR1M;?.8R[5SASV!> MD+3 </> M:H>G"+M!()SESAY!MD"Z >JZI2NFE5).L_0IGA=[XPPXE,[=M CXPHVI&% E M%FE_;Z%D?9$H< N"7)PZC)G9*[?&Z/@(;S:GRV@8\#%<]4W[,+NM)%_3-L:Z MO\N#?)S*( 8%?NN12;,GV^4[2G"CQF WTO*P[4XP#J(@!KZZ<(_I/=:MWF+Z M?$<3B!)V##?ELNVNW-2W1G/;($GDC@H*M=7-7= W/:>7?Y?8CET_N-CV>))C M51!HYK1&?<]W15&E9>;UKH%UW-!M@_T+@2M-\"YF,<@@+*DLDC)$ZV&H$9O ME22\!.BP4A&AK3 L_4B^:G!CSX"R,EUY,6?5]QB_PP5VQI2S:M@AZ=XB 1'V MI97X1C'?W-#!1+L,&LE!!V$6'D*0$JA9)4%^B0E /'HQ@]1=!/TU) M?05I4 3A@8MZA5)AIW3DF^PRVA9#&-<4B%6A+#_K=0]UR)]C6JGM28STA7JO M4ZE2.0/FFY*HF&1^W"X(7DB+DJNW%GBCN*"VIX5N4-CTR[MAX9;5R1.0Z96N M$6I4/R"7[,/#@>4G;/:-69G_D,)L$W2 3)-)#5E)J*"K MK0*P4F+6DO*:M:V7&NC]R_^5\4Y7P)$XCYJX'?,M+DL^""V]>-$%PVEY1:IP*KI-X(O]#"30+H04"-B?=$<(:'[F*,;$HYF33>NIR'#=O,2\*NC&0R M@^.J,$,P"CT.*MEI,S7=?FW4*T4\)V=C$^IV0B42M(Y;0%[&M,!]@%U(D*R, M!SF)N5Y\'*ZD@<08F/:X._T!HE.54H:L3.$FIGT;C46_]JY?; MPEW!9,,=.^IP!^UQ,!HZ9RY]$%,/2EEVGH'5$_)ENH;GC3O]$0UHNRR@MJT* M^UV\!D.R T!XB1H4UJ2OTY[6; M8ML+[#$IY+FV,L'&9V]4&=Z+RA'"X2QJBG39JBFW0:BS9U.-F.G2JL.EJ\&+ ME'8S:=QB[%?]5@:3[RVVOK_UO\_=8KJ=2V2T:3<)+HD^A^E>XR4(#H_LTNOL MG@Q)/!J2>Q6,2O@'GZPP4YI-,:)%?4$/#%*)/H/@(IB?W$U'F?RX/%5-6S55 MI0QNWZN-XA1)7[49[0#?\*2(KG+G;7 :#3,,0!&>, 7,S2?$.I#JHU@H_*$; M05^WG>3]W>Q"!C$JIR'&_U, $"JK[=2!-7@T%/UOCG M/#TU*?V*D4_0][UN!=;S MM0ODEQGD48SQ4&BT4#T?A ON^K9U,.(2JNHRKH'3ELALD3!/D-I<(H+W:OWWWO94H\*O,9\!F@+&?I^BXI!(%Y6;9)FM M<)$_L!KVVJR8:4YK(EP:5&3K(:G&\@/Z!*?Q%]R<#PG^ESE!DE?P4Y,<8WW1 MD5EL-&^VAJ]]:BG_1,JOH1+$_/KI#B,T$]C#]"L1&TD 0BZ^6W?OT=XP>^D3 M8;$.-]D^S# M;(H!?&^SNDT65AQU-KD4AQAW:2"70C5N*8)EUN@3 MR#:V.V]S;V@,V */3H'$@>[WN+6^X MCGTL-T^P"9F=1L!]]2DV$DL,118X"[=?3;O5N !T"ULX7IKEH"" MD2B#/3^@CCT<_%YY0V1CB\3LM[\_BKEF$6#4GS!1]- _%$Q4?!-IQ*:W9F[> M8=#[#P;49)T+.\+(K:'LKM.BF%.5<_.30[\\OQ;=_T>UX\.K:O4IBKT:Y(30GPW>8F>)?;'XBL)702< MXTJ;1_ALUS^,-@(%EA '%O9W9V,NF)^^V31[^"(KLD]IV5Y55^GG(^EE?\Q\ M$GM+VIE6*CMC7"O2/E7MN1GP:>,ZS!W 6#>XBRU5X$@-W('W7L->EC4W:7A4 MVO=Y+?N,A7[R>DZNR \0-T0[1BKJ72IE;2IS \YO23TXJ@!A>V/XZN-KQI@@ M9'?9!48R3E0(LXB/QG1Z,?+0F.(KV[=6?6MK+$PC"TXE;G'SE1\I&OD8;KPY M6C0TTTK98CC5"^]@RM9<4(W%VU*4*^HH88/24>T$<->]I?(?1 MXRS@W/(WQ?=*[]K+9G%M9,!V>&Z,SA%%][]Z;P /]'!XL#?X;0(U+H;;^LL >+-LY283G. '$C>$SB7MZ=J)D_'!Y],W?]R+$ M8R3# OFV7DZ^S:T^ ;<6"+CS<@)N;_0)N-,OX'#CY00\Z!-PN.$SVY.C!('= MYSLMG0.RN;6WIZYMEULXC8V=J(3M],C MV^Y+RC;B:[O7(MO\"5\?.1FSW#>."[EM!-34]_?E9 M;X_H$;%"]@FS3-H7/3/#C<72[BR0%FO43TN$:WU,:/O+I=[>W^Z3VA=J@?3V M,T>/BD=TA?^[^=SFVG!C;;C?)Z3W[J?;O>(Z&*.JU#9MPZ(]XCP.XUM][\7V M^C..;3-ZF6SW;K'G.AC/.,2MZ"G:W'WT*7JJ'0IN%[C?CQ]JW&[9V^L=ZXOM MU*<;XTYTQ^X?_&YV[-,--1I\V-KO5:W/M7,[0P N(V"-/7UWBNE+_#^. $VK MLFHY,CR5=MSFNJHAGRS5Q%6-$:+5[8K%"NDY[8H7'2MNY<6G]26LDI<>\_;N M%^[I#M?S(Q,KRP3NM=4:U$QQ M$!9EC8H3%IF%'WH.<_!@;>-@;6O#*XJ*O7>9;"]H8P\W#[87RMNI(*0DUG]1 M?5OQ\!M(O.%+')=H-;F?8Q=L179!_]M%SK?5??<#3W^PL&@11>M_83AUT4^^ MJ*^]Q5IIH40KB?T<"[Z_9AS!K>%R"?5ZQW?$TR\X%,.B9 M>Z$> 0.\R/%!Y M(^%[3%\]284NE+].\T])TSX4V=^^F>;-K$@?W@ KU#=0$_OOY+9M9V^^^P[+ M*1I;3O%=7179=Y>36W,1%]DB4:&-#K%'X.5[$-0MYG=27TW D),V^<_DW]CY M9&2!UZJ(TPH3$.ZUW^?T8%DLEP&)I#@GNU\P)_$AQD/\/^?MK>,>^[U-BB]K ML$VVOV!*5A]T7Q' [VA6/$-4[YA@@O:^8()ZAZMK&NDU7U4,OKTSW-BT\Y 3 M0B79BL.][;\FA^<7Q\A"FQQ_N#A_?PS @,E5/OF8U6^24_,[_&PY;F9__?-? MC_O7);!K)%(+_B8Y^^7R.!G5D]16=GKK;'/K@MW^!.NOT,?L8RE;'KRD\_+W M=0[5]5]Y>IP&61$KM#J!FA_8?@5KC_0K9%[=] >='J[-.VN9AHD8FSA5"0 M!\E=/EVC.A> 4PQAD2W8%G1I(P:-/U/AC 1Z_@E6ZT3:K>5FU2HUWGSQV'Z] M[D)1.2^6-S'.13.I\S&#H'09O+$("NJDF9P>22:P-CJ!JK9N>P4SC;CE0\(L MZ(^WQ>86OL$ ?, <_@"9@++E4;T=+]^[?N3D?>]\,GJ MW(Q$NI%(YWV3*Y=Y'J"YC0ISL6^E$-Q :$R/4)X/L+!J1K63BI\*9EDQSKCN M>XRG#-RS+.A#C+XRG9B-K)C!X184IG"@ ;)]T $@!R+'?#:_ZWY2XS#H%JQH M#\[ 1V/ K8/("#(:Z#FX81!+&1%62)90<6;>151&]8/]7K6'&_8S,*)1X3XV\)OO0T<&LBY< M^_WX06-$0\73?2.*&\Q/H$_Y2>L1R[2OE0W_^-1*-6_L1L@;!S9OCNEM5LRX MR02Y "S:"+:$W)?Q;>>H@^6C7F<$DU< A2KI6GDY]3JK565VJ?\8;@R,V+JK MPH(M>3 (THDP%3U1$LX!:CI>=JF996X@PDJA(FA^3" 4G-E0,J^MACB*=[Z5 M/E6U#P5B)-H"&M&]C.HF=;CKR:@ LF;6WII2H7@!/F_PW67CV(1- H?UI0+SE4*'Z+6#2JV M%Y TGHXEE\P2K>Y8X7GW#1:2 :L^)4LY@N8)J!HF7+O.&VCJ@#/H]>3W32%T M@F]_:U&DN$/97A?>DO3LS/"Z4(JGM\-I MLZSJ]\!?M%=U^NZT8]2&[:8^G7:*;4[)=5&E[1JQ>#FX*=]56KLGI*HI^UJ" M2%DV>=.&R,BV6<$Y%L,=A:6*_V>$4_N/>?$@??H'@\4 Q;$&8XMM3%VX 8;U @Y.W?=, M_%_KC*5H/.T2NU;Z7NLS>@CD$J@',"]ZC'KPI>;H$NAYGA&NNM;HU+J4?4;, M*>B\!OL SPPQTC%%7E3;Q3GS/I0@+3&*JD_8V5'8WK9CD]^F1!UGJ?85^?3B M,K1TH*6/CA]!H/B9F(X*\)6"<@.@VFX%!!'-*@$L]DWHJ$X5= M/=!)7@K'$BS+)" W)&>VF8^;-A5VB&K>2MMI=+&!S4 !S"&^/^);A^V\EA!( M_%YW\<\J!U &>[0@2)GUQ,IO-:,L+P%8N<+' M+)O%KB[&_B73/&^(I#$$Z8_NC^4[VIY"0B5NX&(F\UW&)WQ5")8(KU(!%+7) M+N(/\BR>QH;%_"?#2EN(6\^%B N8!:J= ?R*PG*,H*E>ZCDQQ_$:T.(:,]V MGH"Q"6IY!X@^QT&KZ'=RQACU4=UH%V W(X%;3!BR K!_!J*PTIN;&D"1\3=N M9:3?#D 9)\92M$8\\W'8G1>]\!@L@?4?W7Y F"N37"S4@9!ZKQ%'LJ.RR?7 M@XY/?,B- 4A!*\<2;"DLO!EC9M!5ILP:UXS+"IH%.T392PO \GH@4WNVL'V! MP]GFN!]ZDF9ABPRZW0\VOA7+S@?AL[=%#+JBPK('TV[1 M"'V]11R=V(QM/D,)!K&9DP ML*BQ'Y#Z%(5K_$L(H3].O.X>U%1 VLWI*V#U4N. 2* 9Z6';^CM!UI<,]5K""78"94I M[TG#SFC8%N_SV [L,+L%?/'U D%C5B#00S45PP6CXW!:3M8C<7#-6QL87>IS M\ 3?G;#XTZ"9A+Q%Q["8VX96,^#'G69 B @LTNZ@JD"V!?-WFGAUQ49X(_-Q MD3>W^"F'C@071VVG7)!V]4JMJ"5#GMT>Q*(8LO>?V$5_&.RB_B@?Y'Z?(&YQ M.;_#O(:1PH4PX-F-S3 'X8HX5NFC4@J_0^0DGWA.X??S;1KG++4S2 Y*B121 MYHJJ[@/;:DE M/4T9_CW$WY[ D)8S\L3AGH/K()R8\Q+V5=F#%9V\2L'UOV;J)AS5(1/B,B@=0.DCX59T\/)P@>0MHY]82E6HVS)? MZ!.,H(#P(GI@_#*^D,U?QMEM6EP[G<0[9Z8> ''!+F]OW]N,PTZ:90SP38#! M!:&>6C-],C@W50!.M$;"F6"F\2#V;+F\LS'G39C/(#]X;8PG5*E+0 M*M!RNQLA9MK$]NM[>T>;5U]J%!LN^.C%$'X]Z(#3" >[BS R;2K0MS&[KB;7 MA4\ C2X:@D0)^8 LUU8%FV4D8/NI\5 P*-('W*YL'K0@XW0.UUCV0''/-11N MRAZ7OA& HM>_$BQOFSU"$K,AU"[/W+7&28>!UZHN'X1=4ZXXMYKB:#X][%(U MMUB?>=X2TM8TV,G#^PD#1L)O(<19 '6DKVB&/F*R7N$(8A8A\O@7)+4\A'A$ M+6(D>SFCJ"/NC5&=#2SM6V#Q=IDA"1A*&;VRO7W+UK? <4UP^H4GDOGT!LXB MM\F0 :="!BSGP)J:@YC]/N# /*H)=TTM73TF5^PLW/X]=Y/OE84(1O7AIQC6$%I70/ 317,$V*C$(_ 90V(+D;90O5($N7\@'\ M$@FI9,2E\)$M:KOJC@/'/CQSJR+ ML _S6M^E'_''WAN7ZE 4U;;OX_=L%-1E&!!V]C)M9B.TX]A3!'J,71C5'^[^ M%1Y@"WFFB;-=\M^9CZRXPOL6]J$F%%E/?K;,.M9L :1E"E1,G0C@K.7E',9$ MT'WH]M+%8RL(90DA0L9I#DMKC']2ZU];HN:!.C5Y>4O4',YEIY@?G!3W8GZ1 MV:.=)O0QES[.WOG!?+3M_Q[_BPBC7)CR# M_(D@WJ"]5$?2COZC=8B%2\>W>JP:XBN-,P4Q7R6>DL; S9WQ.KE:&OE&@?RQ MFGRTQ2XU 0H<#WBA(([3=*=#&"/PD/8IRG4"!JL8NS%/ZI?Q,M?@P M@OS.SA25A;)K8$H@)I'A=JJQ([[GNW"+4JFD2?$V/I8ZBB5CO M!"J24*#=+*K8GZ"F.J7/ T%F)=Y3W;76-B?KR3%H,308(()Z6HH 4&D%*P*J M,VU;6SI@J8U@%&001?-K3-7('/4R.W)H??#:G M7H6)N\Z"W6R_/E!ALO[K==GA^B&KS&Z;W3*3N3Y5HPZK+MN8Q$").^G&?9TL MZ'Z5[C/J1@-[0I+,MDC,&H@=;R%][THSP*G%@I75B>AMBAL%0R)>>-8*.8CL M\]H%GYL(06Z-9K M^V)[D>(3J>_HCW.^H\M>V75\=A7Q(MBI0A^IV*C=Y&>TVFKR^SC'J#:.2,D_ MSRI(UEO69](?4^(EQ 6C *R7HNPF-(^)B2R7YJ5IVJ8#U<@T%_O+\E&BZ^Z% M2+KW>HGEI/44KQ_+^*R)^!QM*U7I0:TWB K_E20UJR7*GE_G7/N-"VL)UKJ6 M_S6R!7,_)$B8$WL@L6QI%1$N1/<4Q.WE9;N>_.PHC:-_*]O74)ZRD5<''U-Z M7I? =.XTM-MY7QA'TETRWB7@+EZ8%?^FY38V#A1(J#0@]'..>1\+HA&-G>YE M<_46"Q$/_9*70ZO-PCFDC_?5*8H)4X""%):(DHH;05/W?0U/5CIS)C!5J76H M3%=[.QJC=RG>V>A<./N:8X5D)3!]O'7BI!&# ZK+I+85TH[)4$1^F!12*!CL MI&+Q"& #888KHS28L*-'MNVXKM*I']<3PVO)DCO0ZN[UV@0:&*D$$]\;?%39 M2"I]P2*_QCB&K6UPX? B_G(-(ES6DS0?=F8AEP>60%?NOHH; 7>7&0;^U58W M@_&,[0@K#N**PZ^]@X%P=0/)C*P&TF%^C41MXPE.N\>A05*JR:0&DZJ C"Y2 MT?6!#SC/#R=[O (:%RD?,I^4:0!'#&P 15#,O8?V'QYG)R,#J_.+RZ-'__N_.R'Y-S\%GYZ-_HE>7L\.DJNSN&#R+"9_@)*!G^=8\:=OBCM9[%O<<(M.@1\B.LYX#GQI^VUM->H M(0B7L\3O.&W4Z+R1%\3SW@KQ6[T4-Y@1JW5(QK%7XY)3> 8R/DLWH,3&%\24 M3KM.@I^"Z*2$@IB3Z&FL/:PPOLXW8,"Y!$,)HO6J7TNEO!1ITW5ADY(EGR:^ M]8*"5:6;61'/*JCMF4"+A@U9I%A]:ATJ3@&14T0Q !O1LY+ZB:]P &U=.Q; M*Z@S)%$_>>T0M'!>UFW@Q9;OTH]4'5(! M&PS%7&P@@AF@&[1#(-.$,8O\CM.;F M%,OF@-H8=5'P!&JT44W/A3,%$.);9 MAZWG=MZRS7LN#C(7)D7OLKS1[Z[45WA+FO\@O36"P4!A6F8$F(@==6 M@^1V?@>P#N!D#>2*(=\;L5KNYJ4PCA$E]$"HH?M"T9&(,VJ(K,9,7Q8ED,;\ MW#79=:C-S2[Z=0[&%(N4=6(ZT 3!47&)YJ@%Y I*;ANII->B1=W6G49A!N)8 MO"5>,QJ)'OQC=6\.$V5RX"!*(3KS/$G^(,/LE]U9:-ZI_:[&I9,.*H34$6W9 M+GI//3^Z.V_19D)A@S:-@9TM%\FVM4]IVR+%$A(N?-I?=#V'![J5="/Z\U5J^\H2X M$5?JV1QY^R5::]3D_2H+-X+]*.KYKU1N%URJ<*JOR"/;V'@H"Q.$VQ;&U,P3 M7&LD%P;8&PUF7*5?V&:L5*1KH&],26?;2MN'X!8E#16_]T,IR-GM_C(!)XV$ MX*KWQ2V)-T4U-N=>(JHVU.R.I;:4&JI&L5*SNTX1!8AG8Y0A*NLA;Z'('[E_ M1+]';$NLYJA+9=.T>!?DS1W%$< SIZH'\X?2JC$.>!4BP8Q6-[1!1O)VR-X4DUR@96^_*^F:@([;C>6TF$2!D(&O'/]F!L'-A]+$B8=3/QW3BE%"< MON84D]W3=\&@CZ\4CS=@JBKC0^C,8.[+3DO; F)M*S?#-D>1MU;%XUZG8C'2 MZF$!$DKC#&*ZVG)8(PS7K@."$86XXR*R 6U''807%]92N1BC35=SRL]=/>74 M[E8[#]ZH4^Q>,'J$W+4"3V')O7XE'S5[:]%-[H0F E!6E'8,4(_3?SFQ]]41 MQ?-'/F:=[(M_28E:MOUF4YA=M.^@F1SY #]E<=.GP8]0&P%Q93:=??&A!+T9 MEND>?_#PIW2SFWASWD*#/X7]:M;NH[9--S'=(O9^)7&E!>S44'<5:Q &DJ5H M:XRTYWZ"4\ZW*^RC)0S$S 2B2I5FV2HF(YM5BEPI0R$]MPINO+W[X&MT!I6A M_7.!7PY_?U6G84N^ON^6>D!$X#)^!^DUM+_(DON62\1J)%0M-UEV"=B-F*\SL* MQIDG_&-N)FAS"_$5=IV((#,T2N,:%9E4EQU_\''E:BC9[N) Z/=@ZV1+@6X_ MM^[N>=WD)-=;)X5D;8#&25EF-U5+Y9&Y%)#;:-CQAV4;6\68WAIQ;80S8L$& M?0%*-1;T32]BQ;]+;+NYGQGP*D)4&&BL"E#'E3'$[ETW2U&E9>8U7H*/W- 9 MPG:9( Y&2#OY';N%)97A4D9R/ZMT@TDU6F$M_L]!M(45BMFW[&U#%6?4#^0**L MJQ1D7&+"&K=>,6.T::A+(!5!=RLI4*)/.[PIVOCL4R ML:\@[8YX2&#&KU":[F*B\DT.'-F.5A@7&EC0!9+U!HETOHZ/8&I;8"--S=[K M5&I>SH#YIF09)YD?= \BC](1Y\K[!6DJ+JAMH2*=3T;FLE9NL,%UYA-D>J5K MTAI5?S6(BI[:N\R7!ZU[U@I$'RXQ%^HE]/L#X<2XBBR57* '4.7!M25P5K>$ MJ[ZF]KL TLN":ZH434_:@2,9\.!Y2=L]HSY\?^0PFX0[(EA8DTD-)050L5E; M!6"EQ)(#*DJH;7W>0->:6#L<@.W0]P&$G#5% P[&5LI=F7$D3R-H74-E!Q2: MPZ/RT@CYKXQWNL+PQ'G4I-:8+'55&8/PBHX7^3"RF5<4S054]%G4]PD@!X$?*-X"PZG9S$(3FD)*5^4/F]GJ=K@[;PD&-%(&4)P M7!7@#::0QD'G!&VFI@LV@'JEB"?4;81RF9+[R>Z9:+T+GJ?6O]\8.,!5P0J7 MN#I!02J3 !VV9M/5%:^<[$612PA5Y8$=PJ;57+94ZTQ6'B2]JY@TLI%1G75N9 M8'=Q0$C%5;PK/LS3U=$>V&BCJ\OG3KFW16UPFXS'7+ ^GZZ@ P(YTD(HS7B, M=:O?:DGE>RKH[V_][W,'H&[1$QEM8EK"**(T8;K7> F"*B?9I=?9/5EK&.R0 MZ@3!Y$17F] 6PUJ";(K!8VKV>F!03O0J!3G#_.2N$ZIUBCHEFGAVZR:MVB _0C M% BUQ:B,'OI M$V'/[JWO;W\K&V#3K)8\PJPU\'P3-B,2@.'GUX9;ZUN[]AO;YL#YW]COL<@^ MS*:80O/VJMMC84E>9X]+]91Q209R)U3CEE).9HD^(9X_N _&,;S/QN8G])20 MQN;2TMA@2PP$\0FX?KBVO[&Q)EP*K^C'[;WMMB0M^XCCSK[1=ZEP .@2QBN6;[,2 (* M^*$,]OR -O9@_WOE#8&<+?"T#VGP* Z>11A@?R)_N8#]'P;Y*[Z)- C76S,W M[S"P_ ?#WK*^A1UAY-909M=I4@<5F8"1J@/Y.1M?&K-HQ)6'CYB!P*H* M!>Q_Z1()W]]2T<)7"[:Z0;=(9A2CSZ;[8'0W\Z*>9)"A*;Z<7#O05A:)6WP@ M[UXG:QT1=3A2;R-RZ-X9E[:J,11R2V+ICCS4Z=<97$F(, M^,:5-H_PV:XG'&T$BBLA4##L[\[&7# _?;-I]O!%5F2?TK*]JJ[2ST>"3_"8 M^22RFK0SK50JPU!EI'VJVG,SX-/&=9@[S+AN;!=[#L&/&K@#[[V&G2QK;M+P MJ(CV\UKV&4MJY?64_C M.XP>9S$$E[\IOE=ZUUXVB^NS!'+'VMO;B'.'Y]&_? MG+;9W?_L[$4HXLV7#W D?8*)X$=J\*-R>DE!Y.'F>/CR ]GO#@3'L*J,EE(/ M-JPXA"\[A(.>(?2(%'K;+RKL[L:BC;-46(XS0/QP8_A,XIZ>G2@9/UP>??/W M@PC/&LFP0+ZMEY-OLU? K04"[KR<@#O#/@%W^@4<;KR<@,/A3H^$PPV1D.*' MY"F9ES[7]&UW3LB:.2+#X38*& K1(]SNBPJWL3V,";?;(]S>BPFWL;ZYN[\3 MDVVO1[;]EU""P]@L#G&&WU">N]^N@TAAJ6Y<8Q;L6WVL'>H_?:4ZTCF*[@PCQ^K/%CM;_9>ZY> M?#V?;JP[\5ONX/$ZY+$*&\APJ./@]-TIIDC8P9Q69=5RX&DJ?;6-<2@A724% M@56-#NCJNGYGZS?7]2\Z8F,7].JG^!IWR&0?&'AQB3?V]K?],IZH1*O)_1R[8 \, MK6 7]+]=Y'Q;W7<_\/0'"\N$4+3^%X93%_WDB[H$6UN[WG1&)5I)[.=8\/VU MX>;:UG"YA'J]XSOBZ1<?/<=)C ;F\#\KJZ*[+O+R:VYB8ML MD:C0'(+M[?#R?8B2%?,[*6@DK,))F_QG\F]L-3"RP&N58[S"!(1[[?>\O74$3K^W2?%E#;;)]A=,R>J#[DN[_8YFQ3-$ M]8X))FCO"R:H=[BZBHA>\U7EESN[NQO;=AYR DTD6W&XM_W7Y/#\XIB)0<^N MCB_.1E>GYV>CM\G1\4_';\_?'Q\E[T87_SR^N@00N^0JGWS,ZC?)J?DS/J0< M-[.__OFOQ_WK$L@+$BG+?).<_7)YG(PN#D>VR,K; #;-)=#83[ Q%.26?2PE MKH*7=%[^OLZAT/4KCZDO!?@R4NUR".E;9JS5$#P.F^@==WC!Q@S1,[1'A/@9 M*U,("X5Z0FRTQ)5!4+Z#Y"Z?KE$N&C !0VQ?!Z;#C830M4AX<-EG70\.?&GF M4Y>(![+NSW,XG\'U\01K?2*]B7)A:TT=KZ)^;-]-=YFI+@\GA)O"FTF=CQDQ MH,O5C-4,4/#(-.3( (!%C@F4IW3KI)D&PJTQLAE!,ZFM&K4-RK+GKFI ? _W M$O[6VTR(,0?HNAM=".1;B32>=_D$D2>!VA2 MH0H[+$ O!&\&VE0CY-:X_;(9%4$I\B"8944'XEI5,4XS<,^R'=(Q:L%T8G:Y M8FV&RU58G(&CQ?8S!MWK"+/PV?RN^TG=M*Q[*:+%] ._=1FW#K81RVB@>/B& M<1]E1%CJ5$+IB'D7\>"_M\ MJVV25U5Y4WE[U1YNV,] 5T45N-B(:[X/I=4PG57 J1Y4.#=4!=DWHK@=_@3Z ME)^T'C%X^WI2\(]/K53SQFX$Y&-G6'5S3&^S8L;5XHAZ;UOSL;;[OHQO.T?K M*A_U2IQI,R-B&>-%\6DN*IZ(F2^I51 MT_&R2_$;$[<(W!I4,_)C J'@S(:2>?7QQ!^[\ZWTFZE]B%+T,:5$=&^= 4J# M+:A;3T8%L/O=W-)+4ZKH)&P$@3"@4D)I=1Y ^3G5I;>(^H*B"YL=/H6^3OV% MX^Q-9/?UG_I.S/H)CH%]9B(/78_'Q\/VWO#O3V9C6,"7&:$Y^[@?KM34NTQ0 M*^> 1?C 98=FZS7Z\GIE%DE=XE13"(*K&QN[6>R%]MKL %EA= G8C#BR MI):>/MO%*I$:7H=@+A_%:D84/BP.%5"8%#Y$-=A4-2N(0CP=2RZ9)5K=,7;S M[ALL1)M3#0>67 /-$U U#!9WG3=0G0UGT.NM[9M":.F$?BF&7.%60WM=>$O2 MLS<[)T5:?9[B@%CF>67W\?-SML*#UX52/+T=3IME5><(_H(^V<]578!UGGRX M'/%P<&6B@@,O)+3AM>"'YF*](+1AT^CKL^-#G6\"^"(T:R75105DV=WYA]U^J^\&"2'QK^9FC\<924\ M;)"%#ITV=9N8QIV8VS4?^ MDQ*5\(QQS;CQ;)F)SS@B@#>@U,$H[''% MP .>HR.G9VI& /*!%L!P#B+^0.,K6'6HZ8CDC5GGHG=4G(;N0PG2$DFG^H2= M, 5B;AOF^&U*U'&6:@^?=2ZN3$MJ6-J8^!&$_I^9Z:S!R8QAU^/M+[A'@C<( MH%6S&9BQ,*<$=],SJ:0D^R)E0XZR% M%A#7[*15)#"*$GB;><+'+)O%# YH*LV9SLL(3;R'(1M!='\LW]'V8.)5#R[$ MK""G2\8G?%J(!P>O4F$OM^MZ\7$(W;GNQN?G(MP/C$A]R8[11J=,2[EJO#FS$FVUQERJQ+ MQ-"3H%FP08]]ZP"JK <5LF<+VQEP>8A;&H+&1Q,N\;15GJ+:"^Q%[3Z]=IZ>#QI\QE(-(S-F, /45\UX*0I5M3FWEB4" 5N1@]XC0 FBW%* M^ ?8AY^@V[WUXJLN!D1@N$(7AZCT&#\G4P%T%5RLQ,=D]BP129O-?(]QFA!$ M'7;9)_';DP'2RS0=Z\7"!HS#(&^ MJJEJYWHI4%S0)<(KHV.%3+M#\Q^0Q$XSH%@$*F5WM%3"@$@U ,+)ZL[551$! M-,S'1=[]_6%,>1K?M7*AS;,=*. H,NEN2)F8@V MH#%[)- &9!^?EQW5W07445.%JZJ%F(?Y[2?7-5=F976W!&*\'?/@L(#NJI6W ME>OZ?0!+W#.H+>F.ZY*S#T&J]VCRE66 M_0KZ$T2+F">L4(#8"9WL+-Q\# M".+3%#AY:-^E4*)7H=^B#6M09$)O"[[&EN:0+2$/-67\]QBO> 9#6D\(DH;' MC:Z#>&*.:]A7]0BV;O:H &?]G-FF<%1[3)F+$^D+YKH0N[(""'4!KQQ$C3RN MI=V7CR,Z!R'G%4Q?QM0-4,/G%5# HS'?7T8'NU::$5 +8^C!P#'K;N@+@7%+ MO%\A&I(R&!U :3JA??0DD7"!5#W#12A)*Y3=N2^,"4;8*7@1W3+@$U_([B_3 M\K)8G'N=)-%4\P"@_1@R 8^]#5DZ\.0"W@V %D%PIK7\;9RRA6D526P/RK+L1XI1=:K^^TSO:O?K4 MPGYP8!N:O&R8#35U57"%IM>2"\(TR1KY!P=JV:6ZW/ O\&N30Z;,3B_80A'@'= M;YE!";!A[!7-6#%,_RO$)4QM0C[Z9E15M%<$^5O.*.J(&V=4E[F2"$46[Y"T MDI!TC-$KVSNT;$,+'-<$IU\H+)FD+/<6N68SN,ZP@UWF;X+@R MTV3 ^^T30&D#\K53ME!ULW8I;\$OD5!WO)ZOF2L888!;J%?QOA?&0]NFKF9* M+1Q4E!EQ*;#3FCJZAO/MD1_OS;H$,3*O-?#IP8^C-R[5^QCR[M#'']DHET+$ M9>QEVLQ.Z'8IA3$U1']?S]/'!HBEXO9%%MY\9,45W[>P#RT! MPW;VB])]J-E"27((5,R]"$Q>!V,BK#-T>^GBT4I-64*(:7%B0AF7\4]F_5OE MD,[-J:GJ2Z(R\"X[1>G@I/@7\XN:^6G?^#BB/;ER;^ SR)Z)X@_52/>T[^H_J$ OW2&CUJ!KB*XUC M^RE?9;30 -RDMN+2=:1(K3G5+X$\'Z WU(1.(*$/ 6\4I!%&\0)H-@2OCZL& M,#L)K*UF[$*'8U_*SS2+#R.HKG2FJ/RV%XY5'K&( H7!F[Q:"6ZF1?T!- += M1E[9K%OKUS[!?4K7;KS6ELYB38J<+^Z55+J804YQVQ=74)B 2VZ8EMQ+3("+ MR9%([258>$U==TO1^1E<7?@3TGDU-_4%F*Y=SM,I)IO/-I%_!E\*:EO$DFKB M0V72%ABII GB7"+Y?%%F8 MCOY"V@R"'FK*PA!@E[-31@Z2L3VXMBANN[U=( M3S-- D@84&=1-!'KRD!%$FRNGT43^Q.82:_T>2#(1,-[:KC6UN9D/3D%+88& M T10#T,6U)Q49]'WFNQ7*AC8' OG4LQ\0D>4NG!)(.0I&]INKL#G:9'PC\-O ME1>L9@(*/)LA%:6_SJ+=K%_/39AL_'I==[C^IKS%@U,UR=SA1[Y!=Y4778^) M>K QB18/=Y*G/68+>EREB[S,CY@*[ GS*-LB*6L@=;R5;&XE/D::4I:84 /=/58;"]1+B(5&>-Q3BXA-'8=GUW#!@=VJG#:>8(5,_DE M$_^.4"$:*Y)*\9A%];K!(CNV[EA_.)4(]6G$0HT!V""I.$Q!'A!S4R6=9/.B M+W+35;84^TM)\M!U#T(DPWN]QK+==H[7#P9_D"#>$)=Y+DDJLX.:>A 5_B]I M959+E.\&WG#R=V!AE9!J:/F?(X4IM[."A!6QK1$KD541XV37.W0'= MK,1B0S9U,&14?ZR<1\;U(//B"GM:]'GNJK/U'_;:YR!W\IHWQH(8$VLGDX(6 M20[!T,31-:.D;R?K&'W,7)JV FA@(* 3Q(?,>>7A?-OK5FF>V\ALX09-CKI( MW#EBD_-1CC$*/L]GOVZNWF"][5Y8\>.W6CR']/&H0,C?)+S_%G#;"$=!326\ M<.V-?0W55''M_0DJTAN056[V=K3LKPHT@' +>V>% Z]D[CP3 -VVT[;IIB'05*Q M8MJ6^X^[&UL MKHZL@9#:?Q4W NXN-PS\J]9Z@R>"/30;#N*,8]FC@X'8?P>9H;(%6EE^C83 MT]EBW>/0U2O%=%*"2D503A>95$4>PIWSP\FY:8!$1*JGX&;@:0"O%@PJ0T'+ M#;-JZ4@A'*=37[,W!9#\[.X8/9J_?'^W_Z30C^(?L[&2R?^@^/3ESUO>[DX.WA^_? M9L,+E [$FT)%9&&A)O8HP@L1B$P(-99]!5J M&U_SV:HIA*@_5FSB6?IN8:TBHEX)4Q=U8@INM6QB 163ORVQ?(&^*#V3J6]Q M]C(Y!'R([\#@.0FG[;'TA)DA")&P!$,Y!]?9)%P0$0W>"L%PNQ07F%YL;7P+ M:NO:"NPE7'*R92!]MG8#2J)A18#N<.AQA?F<07XM"N")GL;2RP:3%7P#1HP_ M,)0H]6&:#$W^T% &G2\TPRL-1WSK1?6Z1C>S(KYNH%!J!NTF:A@66'RKWBGG MT\C(I8"*AD=5TC"+& \@XC5.?4L.W!5U64*JEHP#DYV/>O]Y+_B\-^2Q&RBS M)%$_!MT@M'!!"C,/ O57Q0/KX C58*4)I:F,KMX .9>MAWQA%WH]1/0<<<.+>YW$84 M\T"(HZME+=181%V<"X7Q6 H@$>E'95*VF&$MDT3'F!<])Q,0%;_;<+\MP>YB MD&=AH'7@OEB;C)PS[^6L'=M)Z;QGM/YK MM3\@-U2#MAL?)6<7L;1LV'$(T=Q.>PFTF[KX"+QGO@R:,@_\4KP8/I148%=C M)G!2@_1\&AGO]" MC77"=1^']HKTT$U[,MM1[')E@+*R3<%<9:$W&DRCR66QS=B8L&%N;TRI#="R MY=OH%B6UD[[W8RG(V1W^,@,GC83@HO_539H7BV:J89Y;'[?W9\U:2AV5]JC4 M[*Y31 &2 QAE2,JZQ_LB\4=NG['O$=L22V/:VM@T/2KXJKNB. )XYE1"8ONG M)6*,IL0, X\==Y;A[2%+&8)JR"&,+@P6Q4=YEC5O/:R@/+1XF)5(;L/?TV7K)A%PCR %RC_I M0-BY<$K64 #:YV-N=HXZ8JU639UB;(F.U2G^LNQ\;D5KPWPBG.OO&>X+<@HX M;ID.[*SL\-=W<%JQZ<( M>S4@VN3/'H&Z0#8 JJZE9Z670DNW] 6>%[TNN(^_YUY7A(3AME&,=Q(=9KBW M4+*Q0!%8[5&JS!S&TNV52V#E3,/IH>=BT)D@'41!YJ"[\8T:/=6^WF#W?R?R> M1 7C3;ENNQLO\HW3W!K#2-Q141FUN787],W )^7?9=I/&\;^^A%';VKJ]=R< MMJCO^:Y8-$5=!IUE8-IV=-M@=T'DZ1( C%L,LN9JJEJD!,YV' G$%FTC"2\! M^I-4XZ<%@'48:#?M9VS64])D*"^FE,8>$_:?P,Z8<](+^Q?]6R1>P:ZN$=\I MYHL+.IAH5$&;-^@@3))#A%#B*)ODKT\Q/X='+V5-^HM@O(3M:VC$=6*?0982 M87K@HMZ@DM<"NT83'1M!J\SF4PY M ^Z;DD>8E6%8+8HM2 .1KX86 *2TH-IQ0C=H@Z3TZWI5X9:UN0V0Z9$MX>E, MN4J>%+U0A>U4<&)\ 8L)'](#*%%[K@2AQMKTQ:K4 MK10A32GFHPG"C@06V0&!!R]KVNXE-1J'(X?9)& %@6B:S5I(&D*!6ZL*0*7$ MI"*E'5LM9\IM:E[I2.%R1>L&($"V#,VL&UE94-P MEM2Y$-9!^$D /0B8+NF.!4[ T%V,@4>I]I*V6)^2T)C+LB9TRT2B,3JN!M$# M@\33J-"<-E,W[*9&O;)(I\PTL+!.R?VL>R:9T<;SU(?W&W=&^Z)!X:HU)RCJ M$!LR)Z?/H-%(@V=@!8%\F>ZZ9>>/6$+-:*VGZ?&Z9L1Y/(J*DG";^(TH3IWN(EB.H89)>>ES=DK6$"5?*/ A4)_V 0 MP#A;6,XQYD.],;>,%8F&N4 #N)_\=4+9[+0\34M;M3#I?+_OS4;QMN18Q17M M@-"ZHYBG\9DU?(O6#T9Y"-:70LKN$W(%2P5.*EA\.XPQ;VLS]7A#MQ Y3.IY MC,]_'SB QC0Z]'@% 87$^)L3/ GWCPHX+0BFF%16+Z4J BZ,G/ 9_!>4]K#- M1]@Y!=@<)63""425NBLY6 Y+P;A#DC.( :"BY)IXH3\VT)V..*ZLP18+8RAP M/MTPAW.Y; G%MVJ;!(]\!QE6:Z\^8O /=# ]5_AC'^JN2\@TN!MZ84$[[7P0 M/+=O7;8>_RE4EI5$D*KDH2ZWRD#^P&@Y:C82!W6@B7!I4 M9 /J]?4']!Y.XZ^X.6\S_#_S>62/\*<#++'9=VN-J;*GNX]#IJKP0,JOH1C" M_?K^SB+4T^M9^HU(B<3)EWOOTE][M#7<5OI(B*B[VSNOOI7U?]K.]1%NJ8&2 MB;#GD.T*/[^U^W0;\(;X&\_<>8N^,6*0O;^>8XP\A,K4+1;7W RVN)1'.(\D MERNAF?84)'(K]!%1YL%[<'[A33EU/Z&CA)PMI\K9@@T$$$#M8W7@9Q_AI[F$+,J^,(.S:,^PDEC"% MK&\9[TH$@'SY.$DG,P9 3A;4&?8NPT+L&:3ZNQRF_[4(^2NG)(;A5=C@L%'Z M3OPKJY"%_HTG1 _]0^$)I3>1A?9YX^;F+<9?_V"(/FJ"ZP@3VM58)X>+Q9+J M8;N?/4SB\;GHR#^JM1NK],VG)#&?8.;N.P/VJ.D/V61]35UP=_%E'MAVCF=D M=%")"9B8A.@OY?34F0\3KJNYPPQ$UDX@V.:&SRJ948PQ MV^>]T]U,EOFZA$3&XO,9ER-MI8B\XBKP^M.I)*L6<3HXH*V!*_2"G.?7M!@Q MN"2Q;&L*ZO1SDA,"81=5C?X7=E+B*PF' ES(QIH1^&S?:=KUC(]#T7G&3$ MH*,9.#/(A$<\$25,!=VB.#RQ\K)L[/*1Q^ MJP\*NBE,0-X(&P&NW,/H,8G_"0&W@J?Q'4:/4V2R]6]*[Y71M9?-XAN.@)KO MV!F=$XJ!?_'>0';C%Z]VGK_:E"K[^JV1' ML3<52VG/8%L*=\U#2%W-__+-85]>_<_WWX\,842DR'7_%V^/M?*QHPWQLYW= MKR3AX=%K(^/[T_UO_OH\07]%,JR0[^G#R;?[_9B 3U<(^/SA!'SRO M>F*&9SJ0)B.>5ACO)L3.I0J!72ZV?V[^2O#(7_J_O< MBZV=IUM/=L>$#-Y]?QM"3 NGFVM[&W8LVAWV^,OT[GGQ\J%WSU<X'5]M[;S:>KH3 MY%I3[UTGVP.:'+M/7SY;*>^@+(%B?O]-:?/%[8-+O+.[\RJL54A*M)G<7V,7 MO$SL@O&WBYQOFIOA!^[_8&$M!(HV_L)XZI*??%!K_NEN,)M)@3:2^NNL]^Z3 MK4TDM,N=WA#WO]Y088.2K7AAZ&."VAWPS&.P[U[*?J"H9EY]S+K^=E'^Y9MY MU5TOBML?@&SA&ZBT^6=VV??7/WSW'2:?.DT^?=HO/:7'[VU20EFC;?+L,Z9D\T&/I4Q^1[,2V*%VQT03 M].(S)FATN+8"A%[S125FSY[O[CS5>:@(^8E,Q=T7S_Z<[1V?'!"O]KO)WN'K MPSU W,G.JMF'LOTA.W2_Q _7T^[ZS__^U]W^=8H4XE)B]D-V].OI039I9X46 MP@0+K4D* 46]APU@0#_TL91VB%XR>/F[MH*BO2\\CJ$4X+)(1<(>I-AH Q:$ MJPL;,*8QL@X.\K9O3.LHM+89\0T2&OIF].DB$&,-(YMZ)4G^T8F)]/T]+-IK MZ9>2&]:JUG1IYUU[ 8;KY9G:>VY4[69M->4NYB%!)J:.H;J,N5\1Q!DKRC*H M!1@6;S*2MU]$)*2 !C3X'OQD\WQF8AT$Y$N^";7>_$\0.$\E3-A5>Q"4'N@=2[!*)IC.OJ: M*DX,_P/,LD%T]^USF(?._;.T:S/%#E7,W$8VQ)MP&PH1)\#L:X]5U%&+K=^? MW.^&G[2-E+; .UGAFX?ME+AUL+511@.5FA<,(24CPKJ2&O+T[EU$%=#>ZI]' M2M'_]]8AC_<\#,SMO>(+0G;A^>:*Z[T,=*Z(:1T2V43EI1R5G8R-*&\[WH$_Y2=L)"W6L4![_>-]*M>IT(R"E M+H.Y ETY\!Q3:2YB[6J[,!;2WM3I;>>9^>2C03TI@T,#0QGI6GDY]5&9567V MAO_8W2V<1QV:72B+'WZ[G';>;'1$+!F8TE M"XJ1B0+P^;?2!&/V(4HQ!G:?T+T,RR+52]O99 $$31>7]-*"RN>H7UO:JJEN M2]HO\TSIXGM$HD#1!7,%GT)?IYZG:?E#8O>-G_I!C/D>CH$^,Y.';J?CV7'+ M8?SW>[,Q%(3BFC D0RP"7]<77":HE2M 0+H5+/;%HK.7UR.W2.82IP(N$-S< MV-@ZH!?:8[<#9(7-+JNQ72&\T34#5,:')>=5 *"V

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

8D[@&<(ZP%O,"3Q/6 =XBSF!9P?;!=[R@ R M9P?K &\Q)_#<8!W@+>8$GA2L [S%G,!3@76 MY@3> ZP#O 6(LY@>?LZ@!O,2?P'%V[P,G6L7>(LY@6?BZ@!O M,2?P1%P=X"WF!)YWJP.\Q9S 8$WA&+7X/JO!/#X GU>(J2)W4 ^ Y MM;@"35WB*6$WT20:5H9XDWT?-OMN5:U]L7BUY9NLK*L)D.@JW19C:FD%FYJ9 M<]9]QNY^&[%U;=H->MC\S+])5XO=NVS@6;AD2K04@,W9=37YHOQ[194@>;(2 MCR38]+WQ9A+JTAE/L E=K4I+#=CT_CG[IA]4?M"[4)7.F/*#YX6:;+4 GDM+ MY_@> $^5U<7// #E[G\!\(1976U:#M;G==;#UMH0>(JL&O1-=D&B:L8@T<4A MBZKC*<'NP^^D_5U@TWGWNWQA"><:+KEDN1KI9G''= %/G]55IW:93<@R9*5J MZ9?A"6E;"L'F]ZY"DY34.Y')_&Q.K3)5:?J8?6M;9=A$W]6GE5N3*U0/O[RE M$6S>[PTYN:]Y #SS5E>5S6%+L^,7AS'QO?'@(P#@J;RDG2'XKL S>W55D9] M 4_G=;:DC/1 5,$$ ? 47B(5!$$%P!-X";3H[-: 9^X2*-!)H18 S]DETZ!U MI@\\6Y=$@[:S#? \70(-IG%-C^LXFY8FL*E?H(DD6 AX]JY6AHHI61(*?O5; M3)*HQQ/ ANZ],?5;P,$[IN M[VH#F\#O'^.\7,EG-VSR[J 7S6G8W+VK0'PMV+ I>@-;-6N!)_%B MR:&2NLK;?;:]0!=L1+<9O/[GYXX:G^G_-G_YCW?O1K]05?)9]96,+C82H_^B M,F1T59)%,2JSK_>N:2EXY$[74$ DK>MJ-+_=Z9QOW[[]%!>L"G/QTRQ; M_%QWS$4VJ^H21)LNF%:+19BOOJ0)VQF1**X+-Q>?H@=R/3V_NJZ2,I[3+LKR M+].SZ2),DG?4C'VZO]ST65RRMQX<'!P>!*-W(_X*^B-[R\_-:T;K]XS^W+SI MWU1B_;81>]V(O6_4>N&(OG&T>>6(O7-GS-!OL=,=]/]#VHP#>\S)O.F-@H^5 M@LQ^>LB6/^?YS\S-DO[[COW[[B!X=QC\]+V(_I.=0VR_.#N&X(^K43<'%5V! MGU\(5D3B!A?]H0N,_NJ?O&M;YUK\5V??XZ*#U*C%:\["1SZ@W]'?DK2HJ:\S M%R6=S2:B$7X^$PWGX45M&$;7M6$H1CC17GFB.1_1KP^]&5(*I%S@50F/3[!W MT0Z<9IX-Z.GNQ./@!\XSY#M0TQ HWREAG66!EYT.A+1!* &8S(=[UK!HC M>_DW;7Y\?%H )B0GB8P[?E+TIF#J("7M_=P"2DFM&^IK$K*TV.*)+Y.#34\R MU.MY=H@DY>%$>M$1:PVDC+;DDE: 6 M]MFZN,)@^-V&3I<.ZC$N-6ZR901D+;3CJ;NA\%*9[N@:2$"XT/.(G\">M7\F M#V'R*:4]OI*<1/8D "_OA'C7\^H(%W8@)\ZKC]#7@]:\4WHROOOG9X"B;,%> M^R$(QN/ZI?07_YS2KWMP]/YD?"15^)>S[9CY'.?I]-+C=M7 KI]J>R0 MIB_Q4@Q_3K]W<'PX/AU+&;XOXG8CK/FLW.&LUV503B4,\(N[?>#5IICZSY($ M:1Z(70)%\W(7SBTRDSB5@2+O(% MW](.F#SP!C[1GY9)V+HOKV%I6-KT'1-?/ YK:G':B ME!B2:2<2M0FUN&-)IB;S3]]G=;JI>KAJ46M:V53@T_=P\91HS6]7S '$CRL6 MQ6\(M"/L .X [E"T<-;/4FNG%'8 ]]>X?+PC$5G4$'06;TA;%X,FV\)YQ@#2 MM':LT*"!I6CH6(UA0TS5TH$B ZA5T<(!\'YN*37LOKR=VZPL+^=9$F?W=.^< M+8FE8E:V?[4%);1AY6TL[L"5B%96*I5;+63GV4YSUV^XZ]T:3? M9'+60)I83)F<-9!ZZRB6L@*0YWT^2R-I\N0N7),VMEW=38:K1MQJ?VL[UVY/ M\K>:=*-*UBI8W6)/)F<5I(F)4LE:!:LW57))VS->;:/ &"9I?F =8F?3JPMD M &;;4%L9Y0>@-FOEI*]-K(5)&R?@]=9#W\+.WD"7D:JW0= U )Q^2W!=[-SW MV01W_S+94CC6"\'NWS!W(Z]@XQ==.G=C7$!JT+V4[CKR0@:M*"0 .[FE[ 9[ M#1YV8DO-E?9:!]@)+N47W6OXL!-=#KCMYNP%.^NEX@Z<*P";?\VNPS[FU^Y\C^<%N2MNX;D>7G"\]%J>:P&;W>6W]1P_;()77>%S#6#S M>^^*G\.&3>>J>W^N 6PVW_$-X)!AT[7,:8"CATW,,F\"CAXV#XL=#?BY)&S. M-?$ZX)K 9EV-'P)7 C;I]OP4.&S87*MR7N :P.9:F5<#1P^;C?BC=B/VW8CUG#/ M,Y6I-S/8 M@1IM+ 6%9AS4$+(&$FLS68&-M9D 94'&VDQ[5IO)3\( >Z*)Q9)PZ8/5BTQ! M8?4B%S=X;Z9Z$52+ )3;L)R09^6$/!_?6-\'Z_O V=GN9XEU2*]"1>"J:T0M92<['N\J!;G MU:)*:@_E^JB/^8X_D,F2Y)/YG([;].$VCV<"^ .;PU"I?!2=KALVLZE""\'5 MXHG9I$EZ6^6SQ[ @A?G7&?H8FRK2I0'),$%)N#E+0;.4((2GG MBZBU,PR=1BX_=Q@.73Q"2.EIIJMR40DAJ^B K*GV(O8IV]GRK.QR0&1V-P]#Y,)*"< M@]'4P*.I]WO@8_@UAE_C[/",%C!>&XG"^E3 &\,\,8 ;PSP]DF9/0OPWG.& M 7ONBQ'AN+@"/\8PA-SU 3&&D"-[OD'VQ)AS3V/.W\J$P"!U#%*'LSM_"T'J M;\6R@*+:7E?+@X@5HK8CV[6H(<>V2\'C%(,WEE\M>"P-'^K1Q=Q0U8%N,DDK M0-LGH^Q@E.3+>$:"\== !]R\I1U#Q[QX^==6X98*6HK)U"/4@[/I4FUJB^4# MV?FIQ@ MS$OV T?H) M;VG9Z]P'&M29TU[XY7LQ'9R/._2]1]][7R8+4.Y _WK@_O7^#V[TH4U\ZD]@,=& 'L%$:P!9*G8]0#= M)FPWLICB<>G\:. 'X!_"\ !_+OQC&+[?SX3/1OQ>N7[?9-M"##5''HN(\UA) MG/\]NLE&K7H.^[WJ=.Z&"^KH9@_=OP%/">=C#UW T07W<'1\/LQMM E'%W"T24@:CJ[AR(;^LB&ZA^^%>[C_ Q]=Q-%%',[N^>VYB/MO04!1I[QS3=UQ MQ6W9XEU2*]"1<",S*DK6-ES'SI12T@ M -?ZV(M:0 "N];T7M0 7.^3+VH!Q<7:@)*&3%WG)S@OJV G, &09_^/JW4( MT>/_Q]4Z[I_/[X%:K0 'TR,5:$>-3?68^ZP,DSM25GE:?*2V@PJ7]5KM1+2 M.Q$6H*F?,5H_9/2__#'_M^<;)N=>YJ!.'_%\\&&( X8X>#5C@+(( MQC@ CW'8DQ&.00X8Y(#3 *JAQR@'-/V>#"X,<\ P!PQS@!@9@&$.N'S:V^43 MQCF CW/P9XQCH ,&.F"@ _*AQWR(D0Z>1CKLW/@@L=Z>8R:G( M=I]V;'?S++$-?T-%@9S[CX(Z4-@/YV6?IXGS\8C^S.C/[/LD LHUZ.(,W<5Y M;P<]>CVCUS/.#%AT@)X\\!V??1[VZ-R#SCWHW(.LN5^LB?X^:G\?N%ZQ;V R M6'4!>BU/&[#^1[ZYT/C@ Z3R8?HQ%R"DW;=#NV\Y:A>N@^W^3@,,Y,5 7MN! MO,]?DUU/SZ^^3,^FBS!)SL.GBYA.IB*>QR2ZKI(R?DK(93BCC[JB\_R[=-GV MK*? #WS%6&1_E-'%(H-5ZMGS9^"FVJDS_/[2/0']D+_FY>-V.M&K?>-Z M'FS>.V"OW>R'HW"T;U*&HUV$".,T@ MC&<,,WC3808X">%R'88I U3P$F#80X8YH S"^D(/4] ADW@-$+/%?1< >>Y M NXZ'MT^O%)F3U+0(SO!7>1A+"S8^!V<-AA+B[&T&$N+K(VLC;&X.WL8[W+O MXV0"&LN+Z?Q?>0.,Z?SA1C"@5?*4XK\@QPDYS*&/&J>@NRGX M,F/]U<$U_5F/XGLZ##[2%_RN BJ6=^<'KIVJ.NB^;G/C@IF8*B==!2_",EQ; MF.*'9N$'-@LWKQ'/0_:RT9_\=5#G(MQS:O0#]\X5"]PW'^H*,X.HHC28&99'"W:6_'G0B>CSC.(/0L0L^BUM1%SR+D<@B6 M""B78_R7+/X+GJLPSB@,!<-0,,"A8)C$&*/9,)H-DQCC^GS?5A- U^<8! O M" #G%<8#8#P Q@. C0= ^4]\6-HP-Z$!N!L]"=*P.S*[F[CCG$3+KHF0RYF M><<@+B_0_;ME:_8+":,X?5!]U8V(%6B3K_^BO1$OB1197\(NL-L\7H3Y2A&. MHA"U"W5*J-V.#,&*A*W _?3]B:X.Y1^\^W>;H&["/ ]9[RAZ4"%J;ZOTF"64 MQR\)*2@_B&NPR.2<@,R2:I$*S+5:U K4Z_![O*@6Y]6B2NH/6I^OGE-4#V2R M)/ED/J>KF?2!SNZ9 /[ YC!4*A]%MS*&S6RJT$)PM:BK24W2VRJ?/88%*D*$ET$2_CB&X]V/W+ MSGV,7K**=U2&)R*+F!FI^V23WK(79N M2;*\G&=)G-U7>9I1.-+#8+FD&Z"*4G\]:FW@2\NI5-!3[F)/S]*8O3DEVNL]VT MG &%LF[ 7L?)G.X6 M$%92+>/D+9RO:G0ZS&HL=T- M1KN'?PDIK#(/LYRNLL)\M<%(2'J5SI*JY7PEV(<,?Y1E4U"4M(>C^^R.S!,R M*\_I7" *HZQH817X35:>9_3%R1H+F\\7%;G/NL-*KLF 1]CEEW#QE&B]0;IB M#B!^7/U&0OE.12GL .X 5Q9%"V?]++T?4 H[@,O>?Q#H<'(I5P /C0#VH@CM M 3PV GCL#&!P8 *02;F8Z]GV(OD9\U[3VK%"@^R!HJ%C-> M/0&KL$SH1B5K%>SFZ/L\2V=T%Y=+;DYT\M:B-I3Q&G8_.'NCR<>6R5D#:6*0 M9'+60.J-CUC*&L#/64&NLY2LQ,A:?[8&J7[?=9C_3DIV5E'[-E\FU:RLQ$=N M)FU<@;\.5S=9>R_ETZJ@C-EX<9MJ(V]O MSZQEY57*8C>C"T+!Q/2Q*_J+,BXKB1>T22,'\'5(W0V4Z5.6%EG.1V_&?-^G MU=,3)5BC@:)L;[>VB;LVA:AF4E&>=B27OT(MLM[_S1'AR%#VWW[]9 B:%8 M O QS)E[0'E&.6F;.JN.T9>N^4S:V$ZK:+(BU(C;AMRJ2W.5)%51K_6+?X1Y M''Z-D[A<3>9-)+0ZF^60Q]A6<9+6IY&3_#,IU%IT)&T#/8NB.M%#F#2FOD[\ MI@0L:6$=^#*,D_6'OGVD7*4&W9=V"?A7\G4:EZPK<]WX4#6SK<)M6)0767V3 M2;]Z3!]/+BLZP]1]KVAEU=)KS;I=&\[?:F+ 5;)6P:Z_X_HJOMXF?,["2#"$ M]2WLN(RD:14F#0](UV1"(?OP%<F9QUD%=T0M<=),ZNHA"U#C7X\$%PA-^7 M< %,< W5EW !;*P%-G8#3'#_U9=P >Q("^S(#3#!Q5M?P@6P$RVP$S? 3K7 M3MT >Z\%]MX-L ]:8!\< !L?'&@L?R/A IC&\C<2+H!I+'\CX0*8QO(W$BZ M:2Q_(^$"F,;R-Q(N@&DL?R/A IC&\C<2+H!I+'\CX0*8QO(W$@Z B=QV^A(N M@&DM?^#&\@=:RQ^XL?R!UO(';BQ_H+7\@1O+'V@M?^#&\@=:RQ^XL?R!UO(' M;BQ_H+7\@1O+'V@M?^#&\H^UEG_LQO*/M99_[,;RC[66?^S&\H^UEG_LQO*/ MM99_[,;RC[66?VS+\O.3?Q,W0)6L5;!Z=T"YI%6@=R0LLG1*V&T*B9K:(C%+ M-LKRBN79XFJQ(%$9D1MB-UBW)XTS@F_02S[2L?'V??YGE-'RI9JSTL M!*(>'8HF[J$/A&W?'T?MK0C&1;%^._,#,7 ;,6SF1(66O]MYG5Q'L*0R:6,% M?/W*F^R"1-6L3L:=U<4=>#**NK)M'[Y9*R>]_X5E-&EL\B7+ 41W-N+L:H;M MG"A1>T(E9!FFY7U&>Y-G*M.K(6_I1)%)VA0-G,QYH>3I8_9-7===W=")&JWD M3!Q./58$H4 #FKH96L,/ M<5ZNM!-1(N8"HF+2R24= )5,,*&0 W@Z9+9!F4PZC;!'&Z;L%67S='HC,D?QO?^DM?^%@S_M5 MPM>@>]XPH$ +2HBO<94#A[A<87\/NN=+ A-VO.K[&W]LWP<0_%10B7VO0 M<\H$I4&W4/D:=,]A$R)HT='K&G_/KQ,4?EE5\S7XGN\G:/"M-1[GI=X) B@% M!A8[YTK!9EO#LN=<&=@L_,R"YUPYV%0]J.@Y5PDVC1L50.>JP&;T'Z]WSO6$ MS?O*&NAT'N[WA4' M#IO*A=7:.7381"TOXL[QPV9E96%WK@)T-I;5>^?X8;.L>=EWK@]LRAU2^YUK M!)N/#2K!BY:K!)_59:GI[CATWA/?S]ZX!#V-S=T^"N?6-Z M!)NO%37NN0*P>5I?\I[K 9NP-^5^V?',9-XZJ!'IX@5?;^O)TYU'??2Q)8PC MV+S=T^":8EM4BZOZ*)E1QQUI%EAG"Z;85B_8++ZI)]>,KOL\C)HU(EVW+^*B M8*?A6UU@D_JV0/83JT64EA^S\O$Z+$K*Z?6B-VJ=5AW!9G&N2RNF:C*G6_.< MS*J M4>3)6AEF)"XJO:IMUMR[$7"X2=&O ]%3Q9"S2U?.7N6,=> MK -V/D7WLN?8"_IOUYD/MMAA\[P ^^$6.VQ>%V _WKI^>D'@+>S,%N@D-DDG/K%SKT3]UCR=^$34/3VVINK$*[;NZM$R6SZQ=5>/ MM@GSB;(5YZ8KSW@*G[CO/OX7/T%BML:N89H<\H)%XE2574.[7B'V$>AU_C)"Y7D_FZ'L0V=ATV+[>4FZ3UD?BS#.%F/IW4R)JX#;#*6Z/ K^3J-2_9Y M\IV!!9N96\K[A36H6V/RLR(^ZT0 V0W=JMQ^T@,.F MY [PH 4<-@]W@(];P&%S;@?X80LX;(+M #]J 8=-L1W@QRW@L)FU _RD!=P? M*J7 3UO _2%2"OQ]*Q&8/Q1*@7]H ?>'.<<'!RWF!)ZNK .\Q9S 4Y%U@+>8 M$WC"L0[P%G,"3R_6 =YB3N#YPCK 6\P)/$M8!WB+.8%G"NL ;S$G\ QA'> M MY@2>)ZP#O,64 &P+.#=8"WF!-X;K .\!9S D\*U@'>8D[@J< Z MP%O,"3P'6 =XBSF!)_OJ &\Q)_"<7AW@+>8$GL.K [S%G,!S=G6 MY@3>(ZN M7>#C%G-"S\ZU"[S%G, S<76 MY@3>"*N#O 6>#,)=>F,)]B$KE:EI09L>O^_ 'C"K*XV+0?K\SKK M86MM"#Q%5@WZ)KL@435CD.CBD$75\91@]^%WTOXNL.F\^UV^L(1S#9=T@@V[_>&G-S7/ ">>:NKRN:PI=GQB\.8^-YX M\!$ \%1>TLX0?%?@F;VZJLA/H("G\SI;4D9Z(*I@@@!X"B^1"H*@ N )O 1: M='9KP#-W"13HI% +@.?LDFG0.M,'GJU+HD';V09XGBZ!!M.XIL=UG$U+$]C4 M+]!$$BP$/'M7*T/%E"P)!;_Z+29)U.,)X#F\I'H(R )X(B^9*KNAR0'PW%XR M+5H*P.9L@0)TM_7ICRI>A@E=MW>U@4W@]X]Q7J[DLQLV>7?0_W_VOK2Y<1Q) M^Z]H9[[L1JR[+/FJZMCYX/(1[8BRY;%6&E_H?]9_^8^]O<$O5)5L6CZ0P?E* M8O"?5(8,K@HRSP=%NI;YK[V]NJ7@D1M=0P&1I*JK4?]VHW.^??OV4Y2S*LSY M3]-T_J'JF/-T6E8EB%9=,"GG\R![^9K$;&=$PJ@JW)Q?A#-R/3F[^CHYO4Y9 MBW)^23LJS2[N+U>]%17L??O[^P?#X6!OP!].?V3/_U"_8+!\P^"/U3O^I!++ M]PS8BP;L30/ZJ@%_UZ!^V8"];6.,O)8]T#.QT=.IC_- MTL6'+/O 7"OIOWOLW[W]X=[!\*?O>?A7=O:P_LKLZ($_KL);'TZT!3Z\$:R0 M1#4N^D,;&/W5/WFG-LZR^*].OT=Y"ZE1B_><>4]\$._1WY(DK^BN-?\DG\/O1Y&"J1O1T>[)Q\#WG%O*:\ZD'E->4L,[2C,Q82?E ./^%$H!92XAW.9-&R%)^3)4? M'Y,6@ E)2"+CCH<4O2F8+D@]6SF?@%)/XY;YF@0LM;5XLLOD8-.0#/5R;AT@ M&7DR>=YTE%H#*:,GN:05H-QGB^3CY)RQ3O109>+/KS<."-=XM0W?52^'[3ZG=(3[U MA^C?_I*3&?O!<()=)4\DBPIVQ#9XI(-IO7K^>3#(LI^[J''BV9YX;S/"WQW< M*E>('-M*Q JT\<._Z'2*%D2*K"MA%]AM%K'1UW#EEB+LBMJ%.B'4T(2&8$7" M5N N\XE(/WC[[S9!B7(<2/")1.TMXY_2F!(/2\^RBA 2+N8%Q](,F,Y[P1MJSMBT&3KN&\8@!I6CM6J-? 4C1T MK$:_(:9JZ4"1'M2J:.$ >#>7DQIV5][.356:%8]I'*7W=.^<+HBE8E:V?[4%!;1F8OTL[L"%B%96*I5;+63GV4YSUV^XZ]T:3?9'+60)I83)F< M-9!ZZRB6L@*0YUD^34)ILN(V7),VMEW438:K1MQJ?VL[UVY/\K>:=*-*UBI8 MW6)/)F<5I(F)4LE:!:LW57))VS->;:/ &"9I/EX=8F?3JPVD!V;;4!L9W'N@ M-FOEI*]-K(5)&R?@]=9#W\+.WD"7 :JS0= U )SN2G!=[-R7V01W]S+94AC5 M&\'NWC"W(Z9@XQ==.K?C5$!JT+Z4;COI0@:M2-P/.YFD[ 9["1YV(DG-E?92 M!]@))>47W4OXL!-+]KCMYNP%.\NDX@Z<*P";?\VNPU[F MU^Y\C^<%N2MNX;D>7G"\]%J>:P&;W>6W]1P_;()77>%S#6#S>^>*G\.&3>>J M>W^N 6PVW_ -X)!AT[7,:8"CATW,,F\"CAXV#XL=#?BY)&S.-?$ZX)K 9EV- M'P)7 C;I=OP4.&S87*MR7N :P.9:F5<#1P^;^\R'V_M"QOA4RPK8P A:? EI\RLMQC)6AL#+4S@QVH$8;RS:A&0SE0C M@FH1@'(;E@KRK%20Y^,;Z_A@'1\X.]MMKN/CN:$ 182M/I37(9$*ON9H!5RQ*023Q[*T%D-R=O6:Z>%D+(F_G M*_4 DKCS-:O,31,Z]#5T696M-PN2O%K75$?;!Z+S[H/-\^[Z:0/VN,'J>0/^ MP,$?ZT?^N>671LX#44'Y4VQ%K+/W4\7YF,3@: R.WH:)!)1S,)H:>#3U=@]\ M#+_&\&N<'9[1 L9K(U%8GPH8X(T!WAC@C0'>/BFS90'>6\XP8,]],2(<%U?@ MQQB&D+L^(,80V:U%#CFV7@LC[&"49(MH M2H:CAZ$.N'E+.X:.>?'RKZW"+16T%).I1Z@'9].EVM06RP>R\U.-'EJ8CVH( M87NF6DG'/(10/5,E%/A]]=G?K/7>HNA#$44?;E+T\@&#Y1-V:=GKW <:U)G3 M5OCE>S$=G(\[]+U'WWM?)@M0[D#_>N#^]?X/;O2A1Q_ZW9X!0,T[^LFCP8<_ MKM 7'GWAT1<>HOLX^L+CHFD;%TWH[P[>W]V+X8T^[>C3CC[MR()^LB#ZK7OJ MM[Y-@QY]T]$W'1=\T[?)>H"BS,V.E3OLRN1L>YZK\4)V.QXQ: M ?D;";+]H0XBEW(%\, (8,?YU![ (R. G8((U@"R5.QZ@&X3MAM93/&X='XT M\ /P#V!X@+\6_A$,W^]7PF[?@*>$\[&'+N#H N[3A '*(>@&[I4;N*\#'%W!T14<9P%0 M,X_NX&CX_1A;Z!*.+N'H$@[1BQI=PG'QM*V+)W0+]\PM'/ 01]=P= U'UW!D M0W_9$-W#M\(]W/^!CR[BZ"(.9_>\>R[B_EL04-0I[UQ3=UQQ&[?NXRH]_'$E M%VF!TPW2N+8._O,+\\(\2^-RGMP$W M0*U&@(/ID0JTH\:Z>LQ]6@3Q'2G*+,D_4]M!A8MJK78L6L ="PO05,\8+!\R M^%_^F/_;\@V3/6Q'AX,^<<#[X,,0!0QR\FC% 601C'(#'.&S)",<@ M!PQRP&D U=!CE .:?D\&%X8Y8)@#ACE C S , =J?<#5PB M9CNB08D6#]+U.G*MNJON'_O6PBZXKX0*8P-&]*^$"V+$6V+$; M8"=:8"=N@'W4 OOHT@G9Q%9WYX3SPXG7(3^"X:;_"N3',#SQ7X'\!(:S_2N0 M?_3?GWY!LF F6%^T2NZO>]TD$E&O0$1^Z(_[6#GKTS4???)P9L.@ _"IIO*T^S%'-:3=W:'= M78XMA^L&OKW3 ,/-,=S<=KCYZ]=DUY.SJZ^3T^N4W0^6\RLZG;]+5V./9'EQ9\06%J%.HHF .N:@KJ).(3L0K^K^ZTHD)Y'835]!7$,Z#0L ; M^A;NW-+-;;1B=#N_IWL318 $9_R0(NT9 2%FXX<4:DV4-UDH?[%^SLM=;>^B M_/=:KW-2!%'\-:FL! FCZD@[OPAGI+5/N*3=E&87]Y)/*K!\S8"]9\!>-*!O&O!7#>IW#=C+MGO![=QG'=2)L=$ Y#6,U@,9JX$3!^(YWY:"=BN_ V>01[>RTFPVX M&!&<.NB:@ZXY(%QSP'DHH">,5\IL224(9"18BSD,\ 4;E+2S4P6#@C$H&(." MD9V1G3&0V+/R%CB! 4?8Y6,=][08I4,N-$;:(D\HO+U1Y([QHMD;,=WR'%" M#NOHHL9I9W?:O>?OK/] 6_JX"*Y=WY76NGIPZZK]O6*&=F MIZ@7BN<=>,_B#OPC>_(-[OHQ^U_[X7>,LISS.)72:1Z=Y=)H'Y32/1LE+@D?_^:WQG\<9"-N5WNQ^[&[EXW 3S-MF M0BYF>3<@3M[?_KME"_8+"<(HF:F^ZDK$"K3QP[]H;T0+(D76E; +[#:+YD'V MHHC94(C:A3HAU%:'AF!%PE;@7GQ_IJM ^0=O_]TFJ)L@RP+6.XH>5(C:VQ(] MI3'E[DM"\K- 4N%$)N<$9!J7\T1@KM6B5J!>!]^C>3D_*^=E7'W0ZECTC**: MD?&"9./'1[J"269T=D\%\'LVAZ%2\22Z&C%L9E.%!H*K>556:ISF:05H$V*8ZX')%O0I MQ"[T@_[0Y4WLF$=3P&YAGD[_749T/W%9)B&;6-1NF( V;&;S1$J)UQDXVCF_ M!A';J- E;#1_*+.\HA856),V5L#?D,*DM5# M[-R2I%GQF,91>E]F24KA2 ^#Y9)N@"K.A56R;L#>B:^@Q&(VC=IEFA9)6I!< M?\PN$K5J?_G15'V"8X!8T<(J\#NVE1\_-C;U)N#5K6PJ\#DCP>_/:904[%J= M[:;E#"B4=0/V.DK8 LC]:+B=,YP&:B@?8)-Q?A N,^"L%X8T:7H M/,J9&Y?\>VA:V9T'Y#DC.>W&SVGQ=!WD!66_:GD7BHY(S%I958#^&PCUZ- M[6XPFCW\2T!A%5F09G25%60O*XR$)%?)-"X;#E>"?4C_1UDV!7E!>SB\3^_( M8TRFQ1F="T1AE!4MK *_28NSE+XX7F)A\_F\)/=I>UC)->GQ"+O\$LR?8ZTW M2%O, <3/+[^10+Y340H[@-O#E471PED_2^\'E,(.X++W[P]U.+F4*X '1@ [ MP7_V !X9 3QR!G"X;P*02;F8Z^GZ(OD5\U[3VK%"O>R!HJ%C->'0&KL$SH1B5K%>SJZ/LL3:9T%Y=);DYT\M:B-I3Q&G8_.'NCR<>6R5D# M:6*09'+60.J-CUC*&L O:4ZNTX2\B)$U_FP-4O6^ZR#[G13LK*+R;;Z,RVE1 MBH_<3-JX G\=O-RDQ2T[8LX6Y#R-XT!P&&WXL]G83,H2*/'B,23HJ@*"7C7"QICUYDN^6-/]J#H_"A M;?_=&B@Q%$L /@<957'YTC6?21O;N0U-5H0:<=N0&T5=KN*X MS*NU?OZ/((N"ARB.BI?Q8QT)K4XIV>^"*)X^:%OGRA7J4%WI5T"_I4\3**"=66F&Q^J9K95 MN WRXCRM;C+I5X_HX\EE26>8NN\5K:Q:>JU9MVO#^5M-#+A*UBK8Y7=<7L57 MVX0O:1 *AK"^A1V7D20I@[CF >F:3"AD'YYBC2:3LP[RBD[HJH/$V544HM:A M#C]]$ASA=R5< !-<0W4E7 ;:8&-W 3W']U)5P .]0".W0#3'#QUI5P >Q8 M"^S8#; 3+; 3-\ ^:H%]= /LDQ;8)P? 1OO[&LM?2[@ IK'\M80+8!K+7TNX M *:Q_+6$"V :RU]+N "FL?RUA M@&LM?2[@ IK'\M80+8!K+7TNX *:Q_+6$ M V BMYVNA M@6LL_=&/YAUK+/W1C^8=:RS]T8_F'6LL_=&/YAUK+/W1C^8=: MRS]T8_F'6LL_=&/YAUK+/W1C^8=:RS]T8_E'6LL_PVA81U#9&()1ME><6R='XUGY,P"@H2O]QF9$K8C=8MR:)4X)OT%L^TK'QU MGW^99A7(F[2H\JR2\"I9YW57Z6G4W(I*[-+_/F57(S6J+PQM%[I$S&JOMS&( MKW[4TDX!FX.U!/27:/9$\N+O)85 LOA%.024PG9OT(5(U,-!U08 ^+[ +8'^ MDGXS'A\J6:L]+ 2B'AV*)NZA]X1MWQ]'[:T(QD6Q>COS S%P&S%LYD2%AK_; M695<1["D,FEC!7SURIOTG(3EM$K&G5;%'7@RBJH@;1>^62LGO?^5932I;?(E MRP%$=S;B[&J&[9PH47E"Q601),5]2GN39RK3JR%OZ421<5(7!QP_\OK&DZ?T MF[JXNKJA$S4:R9DXG&JL"$*!>C1U,[3Z.8)+VS@!O]K_UUM1L9]>K]K MYZUN.[#'UW=VZ-(&HC]\T;>P<^:VH/PQ(V9.I0I99V!5+J9J<5>0)9L>N:0K MH++T(@I1IU!%!\9R49=0A5?Z__!:1.)2:8&T#M[ 5QMBDC5/PDI KC;A3R.9HW0&EFXB+?Y?1(HCI M0M,-%.1(F8"XB*22>7= !4,L&$0@[@Z9#9!F4R<93"=M(@ ME<_/=>WQ^[11#%Z1N$G78!/VV]:X#]-Y$"5[L2?\>O$Q1^657S)?B.[R=H\(TU'N>E MS@D"* 5Z%COG2L%F6\.RYUP9V"S\RH+G7#G85-VKZ#E7"3:-&Q5 YZK 9O0? MKW?.]83-^\H:Z%P%V*N 5I5T#AHV]2MJIW,%8-/_1GUUOJ?S@O#%-=>Y"E[0 M>[/>%0<.F\J%U=HY=-A$+2_BSO'#9F5E87>N G0VEM5[Y_AALZQYV7>N#VS* M[5/[G6L$FX\-*L%S16#SLD%=>'Z2"9NM#:K$4J MY+!9W*3B/-<$-IE+:M%S\+"9_%5UZ+EJL$G]5EJ>GN.'3>$=_-WK@ /8W-W1 MX*YY8WH(FZ\5->ZY K!Y6E_RGNL!F[!7Y7[9\UY.G.X_J MZ&--&(>P>;NCP37%-B_G5]51,J...U(OL$[G3+&U7K!9?%5/KAY=]UD0UFM$ MNFZ?1WG.3L/7NL F]76![&=6BR@I/J?%TW60%Y33JT5OV#BM.H3-XER71DS5 M^)%NS3,R+3-VHR0X.SR$3>P;&Z@;\HV-LFZ=>:X+;(I7[*:D*AUY0?SYQF?Z M):!Z46FJ ET&9R\K)0EA#N]Q&;)X2ZZ@'PN#.VJPEP7GZS#J,SJC2,-D'_FQ M,+A)B[.4(H^7RC C<5Z2^[0].->*>;%*6-8V;6];CKQ8(&S4@.^HX,E:H*[E M*W?'.O)B';#Q*=J7/4=>T'^SSOQPC1TVSPNP'ZRQP^9U ?:CM>NG%P3>P,X\ M]SAV+[A94$9<88:.O>!I@4YBDW3L$SMW2M2OS=.Q3T3=T6-MJHZ]8NNV'@VS MY1-;M_5HFC"?*%MQ?GKL$WUWTTIP+6 3^:2J?3E[Z41"P.9P#EO!>B>PF9QK ML+H$.4N3*=U=9YN7:">PN9L)=(8.;'ZN2CPKA@UL5F8""IMY IN+JX+1,DMY M IM_F<"7-"=5$/T:-&RR%91CKT(L+N-R6I0;QZXGL.E6H FO*$]RDBW(>1K' MP?K>X@0V[XK5J>-]*I?";%+F=(%11Y6L _Q@TW)E6UFQWKS,2'A.J#91D68O M]!=%5)0;S/81-C]OJK) ^/6\-J\IPF>9KQR9*R4!Z6'("N.]9:>4#9:1(R M1Z0\>HQ(."F"*N$ZQP^?M-NG&!\]8.JNX_Q'^!R]Q@J;FGE&Z%-*R;)\RUP3 MV-3<@*^*38=-R.(4GE=Q7.;53BW_1Y!%P4,41\7+^'%9#V(=NPZ;EQO*C9/J MR'N;&-@P6;FAC*W05ZPG/'5HB^,IG3.7Y:T:>/#P*;L5?F)%GMT:V*# MA*V@CF[Q;) :+$>/H.@ UP,VCPL3#G/HL-E;EGMXE9H%-C\K\J.N-(#-T*W: M[?L-X+ IN05\V .FX=;P$<-X+ YMP7\H $<-L&V@!\V@,.FV!;PHP9PV,S: M G[< .X/E5+@)PW@_A I!?ZQD0C,'PJEP#\U@/O#G*/]_09S D]7U@+>8$[@ MJ8$GB6L!;S!G, SA;6 -Y@3 M>(:P%O & M8$[@J8$GL.K!;S!G,!S=K6 M-Y@3>(ZN3>"C!G-"S\ZU";S!G, S<;6 -Y@3>"*N%O &JZQ!/";J))V*\,\2K[/FSV M7:M:^6+Q:LLW:5%5$R#A5;(NQM30"C8U,^>L^Y3=_=9BR]JT*_2P^9E_D[86 MFW?9P+-PR91H* ";LZMJ\GGQ]Y(J0;+X13R28-/WRIM)J$MK/,$F=+4J#35@ MT_N7])M^4/E![T)56F/*#YX7:K+6 G@N+9WC^Q!XJJPV?N8!*'?_&P)/F-76 MIN%@?59E/6RL#8&GR*I WZ3G)"RG#!)='+*H.IX2[#[X3IK?!3:=M[_+5Y9P MKN:22Y:KD6X6-TP7\/19;74JE]F8+ )6JI9^&9Z0MJ$0;'YO*S1.2+43&3^> M/E*K3%6:/*7?FE89-M&W]6GDUN0*5<,O:V@$F_<[0T[N:SX$GGFKK M\8O#F/C>N/<1 /!47M+.$'Q7X)F]VJK(3Z" I_,Z75!&FA%5,,$0> HOD0J" MH +@";P$6K1V:\ S=PD4:*50&P+/V273H'&F#SQ;ET2#IK,-\#Q= @TF446/ MRSB;AB:PJ5^@B218"'CVKD:&B@E9$ K^Y;>(Q&&')X#G\)+J(2 +X(F\9*IL MAB8/@>?VDFG14 V9PL4H+NMBW^7T2*(Z;J]K0UL K]_BK+B13Z[89-W"[UH M3L/F[DT%VC,9-FMO8F_ ADW1*]BJ60L\B1=+#A575=[NT_4%NF CNL[@]3\? M6FI\H?]9_^4_]O8&OU!5LFGY0 ;G*XG!?U(9,K@JR#P?%.E:YK_V]NJ6@D=N M= T%1)*JKD;]VXW.^?;MVT]1SJHPYS]-T_F'JF/.TVE9E2!:=<&DG,^#[.5K M$K.=$0FCJG!S?A'.R/7D[.KKY/3O=*T5%2^7M)_2[.+^M[^_?S : M#O8&_-GT1_;X#_7S!\L7#/Y8O>)/*K%\S8"]9\!>-*!O&BQ?-:C?-6 OVQ@E MM/ MAW]E)P_K;\P.'OCC*KCUT41;X,,;P0I)5..B/[2!T5_]D_=IXR2+_^KT>Y2W MD!JU>,]Y]\2'\![]+4GRBNQ:LT_2V6SJ&>'G<\]PYIU7IF!P79F"?(!3Z\VG MEO,Q_/[0ZT&D0,H%WI74^)3:"S?@U#.K1T^WIQH'WW-F(:31"AO)AHOSXB+0 3$A $AEW'*3H3<%D0=K9PMD$E'8: M=\O7)& )K<53728'FX)DJ) 6]NFR$$)O^.V&3I<'ZC$N-6>RI0)D+;3CJ;U-\%*9 M]NCJ23FXF /-2&#/Q;^061!?)+2K7R1GB!T)P$LX(=[E3#K$Q1N0J?+N8_+] MH-7OE)YB;_[Y%: H([#7?AH.1Z/JI?07_YS0S[I_.#P\/!2N6<0B;@_0)9^0 MS]'-?K*T&)%?92C:Q4$C!7*W$OY]<1 M:SO3I=! M.5TPP"_N]IX7CV)Z/XUCI'*D\K\J'277R$0R[SE]@CCN[]#9Z3Y>FI[*T1>% MQ<_3.,U)^+>_%%E)UK],DX(.\8O:%_1O?\G)C/U@.+VNDB>2104[6!L\TL&T M7C?_/!ADV<]=U#CM[$Z[MQG?[PYNE1-$CFTE8@7:^.%?=#)%"R)%UI6P"^PV MB]C@:[AL2Q%V1>U"G1!J9D)#L")A*W"7>4.D'[S]=YN@1+D,)/A$HO:6\$]I M3&F'I6%910()%_(".1<@*ZY4]*E&W,XTHDM8^D&3&4]L(^U9N:2=B]TJ9I65 M(^\ T?5SCZ8VIYTHU81DVHE$;4+-[UCRIO'CQ?=IE<:I&JY:U)I6-A6X^![, MGV.M^6V+.8#X^85%QQL";0D[@-N#.Q0MG/6SU-HIA1W _34JGNY(2.85!)W% MZ]/6Q:!)UW!>,8 TK1TKU&M@*1HZ5J/?$%.U=*!(#VI5M' O)NS20V[*V_G MCBK-BL:-)O,CEK($TLIDS.&DB]=11+60'(\RF?)J$T*7$;KDD;VV[I M)L-5(VZUO[6=:[NNA;V%G;Z#+]-39 M(.@: $YK);@N=N[#;(*[>YEL*73JC6!W;YC;45*P\8LNG=O1*2 U:%]*M]US M(8-6).B'G312=H.]! \[8:3F2GNI ^S$D?*+[B5\V DD>]QV<_:"G4U2<0?. M%8#-OV;7X:M2VS[HTKXH7]4V]0A\Z_)\5;;-(Q6456@\TJ-U];G*IN^1"NI+ M]E7R88\TTMVSKY+X>JJ39-#!9G?S:W>^Q_."W!6W\%P/+SA>>BW/M8#-[O+; M>HX?-L&KKO"Y!K#YO7/%SV'#IG/5O3_7 #:;;_@&<,BPZ5KF-,#1PR9FF3T!P_+#Y5VL\81-PCY+&![#)6.%[P._98#.RF1\%U\4; M3M955#Z$34XQDI06 EJ9P8[4*.-A9K0C(,:0M9 8ATE*["QCA*@3,=81VG+ZBCY21A@ M3S2QS!$N?; *D2DHK$+DX@9O9ZH00;4(0+D-BP1Y5B3(\_&--7RPA@^TV MU_#QW%" (L)6'\KKD$@%WW.W939]"G*2FW^=OH^QJ2)=&I L(^&KAIU98PCJ M*(>D/ \6D0AY1=V%;!Q-:#7[0>>:"?W\2K(GYI?]O+U M+[HZ*87MP]4 M)9E?Y5S1]=_"E';4)7@[$ZZT^DT+9-BV2FG>4X*P1F!4M@- M7 .03A9<$HLD%'(76V*V65&L#YT?KQLKT7.5""&%YALI5@\R"#DU>RG4=\4( M(>5F+P7-5HX0DG*^B5H;P]!IY/)KAV'?Q2.$E)YFNBH7E1"R>KY"#1CY/,V M*Q:E())X]M8"2.[.7C-=O*P%D;?SE7H 2=SYFE7FI@D=^AJZK,K6FP5)7JUK MJJ/M ]%Y]\'F>7?]M %[W&#UO %_X."/]2/_W/)+(^>!J*#\*;8BUMG[J>)\ M3&)P- 9';\-$ LHY&$T-/)IZNP<^AE]C^#7.#L]H >.UD2BL3P4,\,8 ;PSP MQ@!OGY39L@#O+6<8L.>^&!&.BROP8PQ#R%T?$&,(.;+G#K(GQIQ[&G.^*Q," M@]0Q2!W.[GP7@M1WQ;* HMI.5\N#B!6BMB/;M:@AQ[9+P>,4@S>6WRUX+ EF MU>AB;JCJ0#>9I!6@S9-1=C!*LD4T)O\'-_K0HP_];L\ H.8=_>31X,,?5^@+C[[PZ L/T7T%QT;2-BR;T=P?O M[^[%\$:?=O1I1Y]V9$$_61#]UCWU6]^F08^^Z>B;#F>WO N^Z=MD/4!1YF;' MRAUV97*V/<_5>"&[G8N1X]2Q/4:M@/R-!-G^4 >12[D">& $L.-\:@_@D1' M3D$$:P!9*G8]0+<)VXTLIGA<.C\:^ 'X!S \P%\+_PB&[_^86#GB(HVLXNH:C:SBRH;]LB.[A6^$>[O_ 1Q=Q=!&'LWO>/1=Q M_RT(*.J4=ZZI.ZZXC5OW<94>_KB2B[3 Z09I7%L'__F%>6&>I7$Y3VZ"N<", M]&GK6!DS7WI1"PC M3[VHA80@&M][T4M #7^^2+6D!QL3:@I#Y3U_D)SMLJ MV I, .39_^-J'4#T^/]QM8ZZY_-;H%8CP,'T2 7:46-=/>8^+8+XCA1EEN2? MJ>V@PD6U5CL6+>".A05HJF<,E@\9_"]_S/]M^8;)N9S1B@+((Q#L!C'+9DA&.0 P8YX#2 :N@QR@%-OR>#"\,<,,P!PQP@ M1@9@F ,NG[9V^81Q#N#C'/P9XQCH@($.&.B ?.@Q'V*D@Z>1#ELW\C'4 4,= MX.R@=R'48>M,""CRY)U0O5/N!BX1LQW1H$0+.8A!"!SGCH-!^EXGSE4WU?U# M_WK81=>5< %,X.C>E7 ![%@+[-@-L!,ML!,WP#YJ@7UTZ81L8JN[<\+YX<3K MD!_!<--_!?)C&)[XKT!^ L/9_A7(/_KO3[\@63 3K"]:)7=.1"N,D]8*HWZ6 M>*6Q0Z6KG'LY@SKVV@X7>Y^GB?/QB%[WZ'7O^R0"RC7HB _=$7]K!SWZYJ-O M/LX,6'2 _F;PW?-]'O;H@H8N:.B"AJRY7:R)7FEJKS2XOML[,!FL.JJ]ES\8 M6"\YWQR]?/!44WG:_9BC&M+N[M#N+L>6PW4#W]YI@.'F&&YN.]S\]6NRZ\G9 MU=?)Z81:F#2[(661!?'?Z32B&^$K.K6_2U=JI@WA!V%C7+P_RNCBXL$JU6?* M]-PM.XW%V%X>A[FCPNG/D_N]*8=NA&@;((0=L*.#C-(,WGNW!E15H4(@Z MA2H*^)"+NH(ZB>A$O*+_JZNAF$!N-W$%?07A/"@$O*%OXX;E-N$R8%N'B_M+$<]_'+"#O/K1]$?V] _UXP?U\P=_K-[P M)Q58OF7 7C-@[QG0%PV6;QK4KQJP=VWW!%\G8CN20XX0?>)S;O5\\4SC[UE\ =_#[C9!_=,&?VK_?&OWODYYGPPHZOU;KM:[_P, M!,IRZ'4-U>L:9PPZ8*,#-DZK'2$B=.&!ZWN]\W,&O7G0FP>]>9"OD:\Q=DH; M.P7/!1?G$(9181@5J# JS'R,\5X8[P59*>N9CW%Q#6UA '1QC5[S\+SF<2:A M _T/+NS0@1XB?G\=Z-$D>4CNZ$N_-;[T./\@N]6;W9O=K?P>;H)YVTC(Q2SO M \0)^]M_MVR_?B%!&"4SU5==B5B!-G[X%^V-:$&DR+H2=H'=9M$\R%X4\1L* M4;M0)X1:ZM 0K$C8"MR+[\]T!2C_X.V_VP1U$V19P'I'T8,*47O;H:",RU6M0*U.O@>S0OYV?EO(RK#UH=C9Y15#,R7I!L M_/A(UR_)C,[NJ0!^S^8P5"J>1-X^29:1\%7#SJPQ!'640T[=R-& &R=W)$H6)"](>!XMHI!N-MC5R<95 MBEZW'WBBG=4A"ACK@YBVM M*S+.)M$\BH/L)DWZJJ)K:RDPBJZ&$SHFAI4QX,-8I8-!$[O01_VARYO8A7[0 M'[J\B1WS: K8+HB=6Y(T M*Q[3.$KORRQ)*1SI8;!5)S.&2X#%;1/L*D8'PCW61#6"R.Z%)U'.7/A MDG\/32N[\X \9R2GW?@Y+9ZN@[R@[%[BR*%HXZV?I_8!2V %<]O[]H0XGEW(%\, (8"< T![ M(R. 1\X #O=- #(I%W,]75\DOV+>:UH[5JB7/5 T=*R&F9T0M8 7&L_1"T@ M -?:%5$+ ,#U]D;4P@'P'F=YBA8.@)_%:4X79\:PN_)V'#OH%JH@LQ?IPK,C M8!66"=VH9*V"71U]GZ7)E.[B,LG-B4[>6M2&,E[#[@=G;S3YV#(Y:R!-#)), MSAI(O?$12UD#^"7-R76:D!3D#E4Y-%C1,))$12E9)R+)>W1BVRWO/%'>W 4/K3MOUL# M)89B"<#G(&/N <4IY:1UUJLJ*E^ZYC-I8SOOH0X^T)RM18M2=M 3\.P2NT0Q+6I MKQ*X*0%+6E@'O@BB>/FA;Y\H5ZE!=Z5= OZ5/$RB@G5EIAL?JF:V5;@-\N(\ MK6XRZ5>/Z./)94EGF+KO%:VL6GJM6;=KP_E;30RX2M8JV.5W7%[%5]N$+VD0 M"H:POH4=EY$D*8.XY@'IFDPH9!^>8HTFD[,.\HI.Z*J#Q-E5%*+6H0X_?1(< MX7= MKH0+8%K+/W1C^8=:RS]T8_F'6LL_=&/YAUK+/W1C^8=:RS]T8_F'6LL_=&/Y MAUK+/W1C^8=:RS]T8_F'6LL_=&/Y1UK+/W)C^4=:RS]R8_E'6LL_=U5^EIU-R*2NS2_SYE5R,UJB\,;1>Z1,QJK[$;=\?1^VM",9%L7H[\P,QP MI#)I8P5\]M;CNP MQ]=W=NC2!J(_?-&WL'/FMJ#\,2-F3J4*66=@52ZF:G%7D"6;'KFD*Z"R]"(* M4:=010?&P%<;8I(U3\)*0*XVX4\CF:-T!I9N(BW^7T2*(Z4+3'+6H MF145[I^BK'C13D2)F N(BDDGEW0 5#+!A$(.X.F0V09E,G&4PG;2()7/SW7I M\?NT40I>D;A)UV 3]MM6N _3>1 E>W,R?U@?B!C6NI=7 5]6O.\L?^%@S[I5 MPI>@.]XPH$ +2H@O<7><94#A[A887\+NN-+ A-VM.K[$W]DWP<0_$10B7VK0 M<A8[YTK!9EO#LN=<&=@L_,J"YUPYV%3=J^@Y5PDVC1L50.>JP&;T'Z]WSO6$ MS?O*&NAT'NSWA4' M#IO*A=7:.7381"TOXL[QPV9E96%WK@)T-I;5>^?X8;.L>=EWK@]LRNU3^YUK M!)N/#2K!BY:K!)_59:GI[CATWA'?S=ZX #V-S=T>"N>6-Z M")NO%37NN0*P>5I?\I[K 9NP5^5^V?',^+%Q4"/2Q0N^7M>3ISN/ZNAC31B' ML'F[H\$UQ38OYU?543*CCCM2+[!.YTRQM5ZP67Q53ZX>7?=9$-9K1+INGT=Y MSD[#U[K )O5U@>QG5HLH*3ZGQ=-UD!>4TZM%;]@XK3J$S>)4'\^<9G^B6@>E%I MJ@)=!F$NNH!\+@SMJL)<%Y^LPZC,ZHTC#9!_YL3"X28NS ME"*/E\HP(W%>DONT/3C7BGFQ2EC6-FUO6XZ\6"!LU(#OJ.#)6J"NY2MWQSKR M8AVP\2G:ESU'7M!_L\[\<(T=-L\+L!^LL^E$0L#F< Y;P7HGL)F<:["Z!#E+ MDRG=76>;EV@GL+F;"72&#FQ^KDH\*X8-;%9F @J;>0*;BZN"T3)+>0*;?YG MES0G51#]&C1LLA648Z]"+"[CN)[#I5J )KRA/5K /\8--R95M9L=Z\S$AX3J@V49%F+_071524 M&\SV$38_;ZJR1@V?CUO#:O*<)GF:\EAR KCO66GE V6D2,D>D/'J, M2#@I@BKA.L01<%#%$?%R_AQ60]B';L.FY<;RHV3ZLA[G'TA M>0,_;#)NX#\-PPI5$#<29*_U@$W/33T6010OQ],R&1/7 3892W3XE3Q,HH)] MGFQC8,%FYH8RMT%>L)SQU:(OC*9TSE^6M&GCP\"F[%7YB19[=&MB@X2MH(YN M\6R0&BQ'CZ#H -<#-H\+$PYSZ+#96Y9[>)6:!38_*_*CKC2 S="MVNW[#>"P M*;D%?-@ #IN'6\!'#>"P.;<%_* !'#;!MH ?-H##IM@6\*,&<-C,V@)^W #N M#Y52X"<-X/X0*07^L9$(S!\*I< _-8#[PYRC_?T&(,Y@:<7:P%O,"?P?&$MX WF!)XEK 6\P9S ,X6U@#>8$WB&L!;P M!G,"SQ/6 MY@3N#9P3:!-SP@A\"S@[6 -Y@3>&ZP%O &(,Y@2?[:@%O,"?PG%XMX WF!)[#JP6\P9S 8$WB. MKDW@HP9S0L_.M0F\P9S ,W&U@#>8$W@BKA;P!G,"S[O5 MY@3N YMUK &\P) M/*,6OP=5^*2*D&R^$4\DF#3]\J;2:A+:SS!)G2U*@TU8-/[E_2; M?E#Y0>]"55ICR@^>%VJRU@)X+BV=X_L0>*JL-G[F 2AW_QL"3YC5UJ;A8'U6 M93ULK V!I\BJ0-^DYR0LIPP271RRJ#J>$NP^^$Z:WP4VG;>_RU>6<*[FDDN6 MJY%N%C=,%_#T66UU*I?9F"P"5JJ6?AF>D+:A$&Q^;RLT3DBU$QD_GCY2JTQ5 MFCREWYI6&3;1M_5IY-;D"E7#+VMH!)OW.T-.[FL^!)YYJZW*ZK"EWO&+PYCX MWKCW$0#P5%[2SA!\5^"9O=JJR$^@@*?S.EU01IH153#!$'@*+Y$*@J "X F\ M!%JT=FO ,W<)%&BE4!L"S]DETZ!QI@\\6Y=$@Z:S#? \70(-)E%%C\LXFX8F ML*E?H(DD6 AX]JY&AHH)61 *_N6WB,1AAR> Y_"2ZB$@"^")O&2J;(8F#X'G M]I)IT5 -F<+%*"[K8M_E]$BB.FZO:T-; *_?XJRXD4^NV&3=PN]:$[#YNY- M!=HS&39K;V)OP(9-T2O8JED+/(D72PX55U7>[M/U!;I@([K.X/4_'UIJ?*'_ M6?_E/_;V!K]05;)I^4 &YRN)P7]2&3*X*L@\'Q3I6N:_]O;JEH)';G0-!422 MJJY&_=N-SOGV[=M/4]/&^*#]OJ$Z_>^ M"G(X3QEYK#7/^;C(R?2G6;KXD&4?F$LE_7>/_;NW/]P[&/[T/0__RLX,^Z) M#]X]^EN2Y!7-M>:=I+/9I#/"SV>=X9P[KXS X+HR OD )]4;3BKGH_?]H=?# M1X&4"[PKD?')M!=NP*GG5(^>;D\R#K[GG$(>0Q[K >LLS* &8 MI81XES-HA*P$>XK\^%BT $Q(.A(9=[RCZ$W!-$&JV:IY!)1J&K?'UR1@*:O% MDUPF!YMV9*B7<^H R0?XI'G3T6D-I(R.Y))6@'(?+)*/DW/&,M%#E5D_O]XX M\%OCU39P"_MT6>2@-_QV0Z=+ O48EQHRV?( LA;:\=3>%'BI3'MT]20;7, ! MY2*P9]Y?R"R(+Q+:SR^24\*.!.!EFQ#O<@X=XH+-^21Y]]'X?M#J=TI/J#?_ M_ I0E 78:S\-AZ-1]5+ZBW].Z#?=/]P?[1\*UREB$;>'XY)/R&?G9C]96H#( MKZ9E7Y;!%?ES)W5\3MQE7S6;FC5J?+H)PB&. 7=WO/ MZT0QI9_&,=+WKM.WW,UQC4PD\YX3)XCC_NZ8G>[CA>6I''U16/P\C=.YN1_>[@5KD\Y-A6(E:@C1_^1:=1M"!29%T)N\!NLXB-O(:KM11A M5]0NU FA!B8T!"L2M@)WF>]#^L';?[<)2I2#0()/)&IOV?Z4QI1P6/J4502/ ME4O:N;2M8DU9&?$.$%T_]VAJ M<]J)4D1(IIU(U";4_(XE71H_7GR?5NF7JN&J1:UI95.!B^_!_#G6FM^VF .( MGU]85+LAT):P [@]N$/1PED_2ZV=4M@!W%^CXNF.A&1>0=!9O#YM70R:= WG M%0-(T]JQ0KT&EJ*A8S7Z#3%52P>*]*!610L'P+NYEM2PN_)V;J32K'A,XRB] MIWOG=$'D?"67= -4T;,J63O;AX+:,C)[D79F1\ J+!-+K9*U=NJC/.^QVW?L MC2;])I.S!M+$8LKDK('46T>QE!6 / _R:1)*DPFWX9JTL>UR;C)<->)6^UO; MN79[DK_5I!M5LE;!ZA9[,CFK($U,E$K6*EB]J9)+VI[Q:AL%QC!)\^7J$#N; M7FT@/3#;AMK(L-X#M5DK)WUM8BU,VC@!K[<>^A9V]@:Z#$V=#8*N >!T5(+K M8N>^RB:XNY?)EL*BW@AV]X:Y'0$%&[_HTKD=?P)2@_:E=-L9%S)H16)]V,D> M93?82_"P$SUJKK27.L!.^"B_Z%["AYWXL<=M-VV#+NV+\E5-4H_ MR[/5^76/%)!63W&(SU:5Y^K+/@>J:"^9%\E#?9((]T] M^RKYKJSPOR%UQ"\_U\(+CI=?R7 O8["Z_K>?X81.\Z@J? M:P";WSM7_!PV;#I7W?MS#6"S^89O (<,FZYE3@,5CL:,#/ M)6%SKHG7 =<$-NMJ_!"X$K!)M^.GP&'#YEJ5\P+7 #;7RKP:.'K8E*MR=> : MP*9#38CF_E1<%V\X61=)>1#V,1L M7 CY$#93FY;1.C3-A@@E?]ED^D3",B:M6\Z@CKRG0^Q]X>.]:B0$;:%$;!H%-"B45Z.8ZSLA)6= M=F:P S7:6'X)S3BH(60-)-9(L@(;:R0!RFZ,-9*VK$:2GX0!]D03"QGAT@>K M#9F"PFI#+F[P=J;:$%2+ )3;L"209R6!/!_?6+<'Z_; V=EN<]T>SPT%*")L M]:&\#HE4\#W'N:C,C@8QY%H[$N@X4]YU2-J!>9;&Y3RY">:"J:T0M92<['LT M+^=GY;R,*P_EZJB/^8[/R'A!LO'C(QVWR>PVBZ8"^#V;PU"I>!*=KALVLZE" M \'5_)G9I'%R6V;3IR GN?G7Z?L8FRK2I0'),A*^:MB9-8:@CG+(J1LY&G#C MY(Y$R8+D!0G/HT444GYA5P$;5P-ZW7[@B79R'Z^"_*GY92]?_Z*KDU+8/EP- M0&M9]ED$)P1*(7=P#4 Z63!);%( M0B%WL25FFQ7%^M#Y\;JQ$CU7B1!2:+Z18O4@@Y!3LY="?5>,$%)N]E+0;.4( M(2GGFZBU,0R=1BZ_=ACV73Q"2.EIIJMR40DAJ^B K*GV(K8IV]GRK.QR0&1V-P]#9, M)*"<@]'4P*.IMWO@8_@UAE_C[/",%C!>&XG"^E3 &\,\,8 ;PSP]DF9+0OP MWG*& 7ONBQ'AN+@"/\8PA-SU 3&&D"-[[B![8LRYIS'GNS(A,$@=@]3A[,YW M(4A]5RP+**KM=+4\B%@A:CNR78L:C)%M$4S(YS[0H,Z\]^M[[,EF <@?ZUP/WK_=_<*,//?K0 M[_8, &K>T4\>#3[\<86^\.@+C[[P$-W'T1<>%TW;N&A"?W?P_NY>#&_T:4>? M=O1I1Q;TDP71;]U3O_5M&O3HFXZ^Z7!VR[O@F[Y-U@,496YVK-QA5R9GV_-< MC1>RV[D8.4X=VV/4"LC?2)#M#W40N90K@ =& #O.I_8 'AD![!1$L :0I6+7 M W2;L-W(8HK'I?.C@1^ ?P## _RU\(]@^'Z_$CX;\5OE^GV3K@LQ5!QY)"+. M(R5Q_O?@)ATTZCEL]ZK3N1LNJ*.;+73_!CPEG(\]= %'%W"?)@Q0#D$W<*_< MP'T=X.@*CJ[@. N FGET!T?#[\?80I=P= E'EW"(7M3H$HZ+IVU=/*%;N&=N MX8"'.+J&HVLXNH8C&_K+AN@>OA7NX?X/?'011Q=Q.+OGW7,1]]^"@*).>>>: MNN.*V[AU'U?IX8\KN4@+G&Z0QK5U\)]?F!?F61J7\^0FF O,2)^VCI4Q\Z47 MM8 7.MC+VH! ;C6]U[4 @!PO4^^J 44%VL#2NHS=9V?X+RM@JW !$">_3^N MU@%$C_\?5^NH>SZ_!6HU AQ,CU2@'376U6/NTR*([TA19DG^F=H.*EQ4:[5C MT0+N6%B IGK&8/F0P?_RQ_S?EF^8G'N9@SI]W(H(!W_FA//!AR$.&.+@U8P! MRB(8XP \QF%+1C@&.6"0 TX#J(8>HQS0]'LRN##, <,<,,P!8F0 ACG@\FEK MET\8YP ^SL&?,8Z!#ACH@($.R(<>\R%&.G@:Z;!U(Q]#'3#4 A="';;. MA( B3]X)U3OE;N 2,=L1#4JTD(,8A,!Q[C@8I.]UXEQU4]T_]*^'771="1? M!([N70D7P(ZUP([= #O1 CMQ ^RC%MA'ET[()K:Z.R><'TZ\#OD1##?]5R _ MAN&)_PKD)S"<[5^!_*/__O0+D@4SP?JB57+G1+3".&FM,.IGB5<:.U2ZRKF7 M,ZACK^UPL?=YFC@?C^AUCU[WOD\BH%R#COC0'?&W=M"C;S[ZYN/,@$4'Z&\& MWSW?YV&/+FCH@H8N:,B:V\6:Z)6F]DJ#Z[N] Y/!JJ/:>_F#@?62\\W1RP=/ M-96GW8\YJB'M[@[M[G)L.5PW\.V=!AANCN'FML/-7[\FNYZ<77V=G-Y%^>^_ MDFCV5)#PBD[I[](5FJ[!&P/[DGZ;1/^/&&$2R<*/ <>P?'^4T87E@U7*9.9: M\IU[4V5$4_Y-/.DLA;)L[S((YFY@H\/KSI&'#RB%;4>Z&""''.^B@(_3#-YX MM@=75M]"(>H4JBA>1B[J"NHDHA/QBOZO+B9C KG=Q!7T%83SH!#PAKZ%.\]_ M>M')2C=.[-S#8RM5[GI BB M^&M260D21M6M07X1SLARF\#V")>TB]+LXOY21/(?!^P0M'XN_9$]^D/][$'] M\,$?J\?_2066KQBP=PS82P;T+0/VFD']G@%[T78OM)V' X ZC/ U.&?1F0F\F M+)Z!7CK>*K,EQ3.0B6 LWC 6&FS\ULY-$8R;QKAIC)M&-MY=-L88:\\J?^#$ M 1"/C85#WGG#BH5#X$9;H 7R@+K7'T?NP"Z2L1V'(<<).?RBBQJGFYWI]C;C M^MW!U;U8C=A[^LD_TQ?\K@(JEG?G%ZV=ECKHOFY+HYR9DS(C;07/@R)86I/\ M%3/N$YMQJX>+YQQ[Q> /_A)8\P[N>3'Z1?OC%[W#L\OY,$87Z=UVD=[AN0>4 MV=!;&JJW-,X5=)Q^_U/"'7*NS_0.SQ;TR$&/'/3(08Y&CL8X M)T6<$SS769P]&/*$(4] 0IXP@3,F< 8:3;53H6%@E<($SK@?\79%!70_@L$" M\((%< YAW ##< (BX 31&7A$ZAA!L30@!SCR8T01F5XIW*S>0FV#>-@]R M,/OO-D'=!%D6L-Y1]*!"U-X6Z"F- M*6=?$I*?!9(B+#(Y)R#3N)PG G.M%K4"]3KX'LW+^5DY+^/J@U9'N&<4U8R, M%R0;/S[2E4LRH[-[*H#?LSD,E8HGT>V283.;*C007,VKRE?CY+;,ID]!3G+S MK]/W,395I#M.DF4D?-6P,VL,01WED%,W+**3;#';% MLW'EH]?M!YYH9W5(0C*ON(&:7_;R]2\$ZT25L'VX&H#6%@_4D"0S8M!_"E'; M4)7@[$ZZT^DT+9-BV2FG>4X*P=&S4M@-7 .03A9<$HLD%+*S1WDF;+64OKBHRS232/XB"[29.^JNC:6HH3HZOAA(Z)864,^#!6Z6#0Q"[T47_H\B9V MH1_TARYO8L<\F@)V"_-T^N\RHON)RS()V<2B=L,$M&$SFR=22KS.P-'.^36( MV$:%+F&C^4.9Y16UJ,":M+$"_H84)ITK$0/2O^SZ8/QX3[)YE 3BE=2K'F+G MEB3-BLT3;"K&!\)]%H3UPH@N1>=1 MSMRVY-]#T\KN/"#/&=0_5J;'_K<$.^L5'Q.:BN8B[R(II3%M+M(Z2M7&\J]'KT:FQW M@]'LX5\""JO(@C2CJZP@>UEA)"2Y2J9QV7"T$NQ#^C_*LBG("]K#X7UZ1QYC M,BW.Z%P@"J.L:&$5^$U:G*7TQ?$2"YO/YR6Y3]O#2JY)CT?8Y9=@_AQKO4': M8@X@?G[YC03RG8I2V '<'JXLBA;.^EEZ/Z 4=@"7O7]_J,/)I5P!/# "V E4 MM ?PR C@D3. PWT3@$S*Q5Q/UQ?)KYCWFM:.%>IE#Q0-':MA9B=$+2 U]H/ M40L(P+5V1=0" '"]O1&U< "\QUF>HH4#X&=QFM/%F3'LKKP=QPZZA2K([$6Z M\.P(6(5E0CP^\'9&TT^MDS.&D@3 M@R23LP92;WS$4M8 ?DES^D8&<5E6_S95Q.BU)\ MY&;2QA7XZ^#E)BUNV1%SMB#G:1P'@L-HXX8.U:C]Z2OOI6Q2YI0Q:R]N4VWD M[>V9M;2X2EC$9GA.*)B(/O:%_J*(BE+B!6W2R %\'5)W V7RG"9YFO'1FS+? M]TGY_$P)UFB@*-M;[.DD9 X5>?08D7!2!$4I&>=B27OT(MLM;_S1'AR%#VW[ M[]9 B:%8 O YR)A[0'%*.6F=T*J*QY>N^4S:V$X/:;(BU(C;AMRH MK?7S?P19%#Q$<52\C!_K2&AU5LX^C[&MXCBI3B/'V1>2J[5H2=H&>AJ&55*' M(*Y-?96H30E8TL(Z\$40Q6O)5P TUC^6L(%,(WEKR5< --8_EK"!3"-Y:\E M' 3N>UT)5P TUK^H1O+/]1:_J$;RS_46OZA&\L_U%K^H1O+/]1:_J$;RS_4 M6OZA&\L_U%K^H1O+/]1:_J$;RS_46OZA&\L_TEK^D1O+/]):_I$;RS_26OZ1 M&\L_TEK^D1O+/]):_I$;RS_26OZ1+6K M^_S+-*M WJ1%E6>5U4E;YW57Z6G4W(I*[-+_/F57(S6J+PQM%[I$S&JOMS&( MKW[4TDX!FX.U!/27:/9$\N+O)85 LOA%.024PG9OT(5(U,-!U08 ^+[ +8'^ MDGXS'A\J6:L]+ 2B'AV*)NZA]X1MWQ]'[:T(QD6Q>COS S%P&S%LYD2%AK_; M695<1["D,FEC!7SURIOTG(3EM$K&G5;%'7@RBJIX;A>^62LGO?^5932I;?(E MRP%$=S;B[&J&[9PH47E"Q601),5]2GN39RK3JR%OZ421<5(7 QP_\EK,DZ?T MF[H^O;JA$S4:R9DXG&JL"$*!>C1U,[3Z.8)+VS@!O]K_UUM1L9]>K]K MYZUN.[#'UW=VZ-(&HC]\T;>P<^:VH/PQ(V9.I0I99V!5+J9J<5>0)9L>N:0K MH++T(@I1IU!%!\9R49=0A5?Z__!:1.)2:8&T#M[ 5QMBDC5/PDI KC;A3R.9HW0&EFXB+?Y?1(HCI M0M,-%.1(F8"XB*22>7= !4,L&$0@[@Z9#9!F4R<93"=M(@ ME<_/==WQ^[11!%Z1N$G78!/VV]:V#]-Y$"5[L2?\>O$Q1^657S)?B.[R=H\(TU'N>E MS@D"* 5Z%COG2L%F6\.RYUP9V"S\RH+G7#G85-VKZ#E7"3:-&Q5 YZK 9O0? MKW?.]83-^\H:Z%P%V*N 5I5T#AHV]2MJIW,%8-/_1GUUOJ?S@O#%-=>Y"E[0 M>[/>%0<.F\J%U=HY=-A$+2_BSO'#9F5E87>N G0VEM5[Y_AALZQYV7>N#VS* M[5/[G6L$FX\-*L%S16#SLD%=>'Z2"9NM#:K$4J MY+!9W*3B/-<$-IE+:M%S\+"9_%5UZ+EJL$G]5EJ>GN.'3>$=_-WK@ /8W-W1 MX*YY8WH(FZ\5->ZY K!Y6E_RGNL!F[!7Y7[9\UY.G.X_J MZ&--&(>P>;NCP37%-B_G5]51,J...U(OL$[G3+&U7K!9?%5/KAY=]UD0UFM$ MNFZ?1WG.3L/7NL F]76![&=6BR@I/J?%TW60%Y33JT5OV#BM.H3-XER71DS5 M^)%NS3,R+3-VHR0X.SR$3>P;&Z@;\HV-LFZ=>:X+;(I7[*:D*AUY0?SYQF?Z M):!Z46FJ ET&9R\K)0EA#N]Q&;)X2ZZ@'PN#.VJPEP7GZS#J,SJC2,-D'_FQ M,+A)B[.4(H^7RC C<5Z2^[0].->*>;%*6-8V;6];CKQ8(&S4@.^HX,E:H*[E M*W?'.O)B';#Q*=J7/4=>T'^SSOQPC1TVSPNP'ZRQP^9U ?:CM>NG%P3>P,X\ M]SAV+[A94$9<88:.O>!I@4YBDW3L$SMW2M2OS=.Q3T3=T6-MJHZ]8NNV'@VS MY1-;M_5HFC"?*%MQ?GKL$WUWTTIP+6 3^:2J?3E[Z41"P.9P#EO!>B>PF9QK ML+H$.4N3*=U=9YN7:">PN9L)=(8.;'ZN2CPKA@UL5F8""IMY IN+JX+1,DMY M IM_F<"7-"=5$/T:-&RR%91CKT(L+N-R6I0;QZXGL.E6H FO*$]RDBW(>1K' MP?K>X@0V[XK5J>-]*I?";%+F=(%11Y6L _Q@TW)E6UFQWKS,2'A.J#91D68O M]!=%5)0;S/81-C]OJK) ^/6\-J\IPF>9KQR9*R4!Z6'("N.]9:>4#9:1(R M1Z0\>HQ(."F"*N$ZQP^?M-NG&!\]8.JNX_Q'^!R]Q@J;FGE&Z%-*R;)\RUP3 MV-3<@*^*38=-R.(4GE=Q7.;53BW_1Y!%P4,41\7+^'%9#V(=NPZ;EQO*C9/J MR'N;&-@P6;FAC*W05ZPG/'5HB^,IG3.7Y:T:>/#P*;L5?F)%GMT:V*# MA*V@CF[Q;) :+$>/H.@ UP,VCPL3#G/HL-E;EGMXE9H%-C\K\J.N-(#-T*W: M[?L-X+ IN05\V .FX=;P$<-X+ YMP7\H $<-L&V@!\V@,.FV!;PHP9PV,S: M G[< .X/E5+@)PW@_A I!?ZQD0C,'PJEP#\U@/O#G*/]_09S D]7U@+>8$[@ MJ8$GB6L!;S!G, SA;6 -Y@3 M>(:P%O & M8$[@J8$GL.K!;S!G,!S=K6 M-Y@3>(ZN3>"C!G-"S\ZU";S!G, S<;6 -Y@3>"*N%O &JZQ!/";J))V*\,\2K[/FSV M7:M:^6+Q:LLW:5%5$R#A5;(NQM30"C8U,^>L^Y3=_=9BR]JT*_2P^9E_D[86 MFW?9P+-PR91H* ";LZMJ\GGQ]Y(J0;+X13R28-/WRIM)J$MK/,$F=+4J#35@ MT_N7])M^4/E![T)56F/*#YX7:K+6 G@N+9WC^Q!XJJPV?N8!*'?_&P)/F-76 MIN%@?59E/6RL#8&GR*I WZ3G)"RG#!)='+*H.IX2[#[X3IK?!3:=M[_+5Y9P MKN:22Y:KD6X6-TP7\/19;74JE]F8+ )6JI9^&9Z0MJ$0;'YO*S1.2+43&3^> M/E*K3%6:/*7?FE89-M&W]6GDUN0*5<,O:V@$F_<[0T[N:SX$GGFKK M\8O#F/C>N/<1 /!47M+.$'Q7X)F]VJK(3Z" I_,Z75!&FA%5,,$0> HOD0J" MH +@";P$6K1V:\ S=PD4:*50&P+/V273H'&F#SQ;ET2#IK,-\#Q= @TF446/ MRSB;AB:PJ5^@B218"'CVKD:&B@E9$ K^Y;>(Q&&')X#G\)+J(2 +X(F\9*IL MAB8/@>?VDFG14 V9PL4H+NMBW^7T2*(Z;J]K0UL K]_BK+B13Z[89-W"[UH M3L/F[DT%VC,9-FMO8F_ ADW1*]BJ60L\B1=+#A575=[NT_4%NF CNL[@]3\? M6FI\H?]9_^4_]O8&OU!5LFGY0 ;G*XG!?U(9,K@JR#P?%.E:YK_V]NJ6@D=N M= T%1)*JKD;]VXW.^?;MVT]1SJHPYS]-T_F'JF/.TVE9E2!:=<&DG,^#[.5K M$K.=$0FCJG!S?A'.R/7D[.KKY/0?05R22]I+:79Q?[GJJJA@+]O?WS\X' [V M!OS)]$?V\ _UTP?+QP_^6+W@3RJQ?,F O67 7C.@[QE4+QK4;QJP5VV,$-KS M&\K3_PZH(,?SE)''6O>;9QB\5^=?H_R%E*C M%N\YYY[X\-VCOR5)7A%=:^9).IM-.R/\?-X9SKKSR@P,KBLSD ]P6KWIM'(^ M?M\?>CV %$BYP+N2&9].>^$&G'I6]>CI]C3CX'O.*N0RY+)>L,[2C,Q8 ?E M./.%$H"92HAW.8=&R$S0)\F/CT8+P(3$(Y%QQSV*WA1,%*2;+9M)0.FF<8]\ M30*6O%H\S65RL*E'AGHYJPZ0@,!/FS<=G]9 RBA)+FD%*/?'(ODX.6=,$SU4 M6?;SZXW#OS5>;0.WL$^7!0]ZPV\W=+HL4(]QJ2F3+1$@:Z$=3^VM@9?*M$=7 M3[K!11Q8-@)[_OV%S(+X(J$=_2(Y+^Q( %ZZ"?$N9]$A+MH 3)-W'X_O!ZU^ MI_2T>O//KP!%F8"]]M-P.!I5+Z6_^.>$?M3]P_W1_I%PK2(6<7M0+OF$?'YN M]I.E18C\JEKV91E<<>_BT8H_Y@8H*QO"JKJJBJB0;%ZEDH Y6HE[.;>.D*O] MF3QO-4K?">CZI;+#E:[$6['W&?W,P]'AI^.AE+V[(FXWL)K/RIVW.ET&Y33! M +^XVWM>+HII_32.D<*1PN7.CVMD(IGWG#I!'/=WTNQT'R\W3^7HB\+BYVF< MYB3\VU^*K"3K7Z9)08?W1>W?^;>_Y&3&?C"<6E?)$\FB@AVB#1[I8%JOE7\> M#++LYRYJG'+VIMS;C.UW![?*\2''MA*Q FW\\"\ZD:(%D2+K2M@%=IM%;.@U M7+"E"+NB=J%."#4QH2%8D; 5N,L\(-(/WOZ[35"BW 02?")1>TOWIS2FE,/2 MJJPB>X0+>(&<"Y 53RKZ5"-N9QK1I2O]H,F,)ZJ1]JQ9W+!G3^/'B^[1*RU0-5RUJ32N;"EQ\#^;/L=;\ MML4<0/S\PJ+=#8&VA!W [<$=BA;.^EEJ[93"#N#^&A5/=R0D\PJ"SN+U:>MB MT*1K.*\80)K6CA7J-; 4#1VKT6^(J5HZ4*0'M2I:. #>S<&DAMV5MW,OE6;% M8QI'Z3W=.Z<+(N59G#60)A93)F<-I-XZBJ6L .3YD4^34)IDN W7I(UM]W.3X:H1 MM]K?VLZUVY/\K2;=J)*U"E:WV)/)605I8J)4LE;!ZDV57-+VC%?;*#"&29I' M5X?8V?1J ^F!V3;41N;U'JC-6CGI:Q-K8=+&"7B]]="WL+,WT&5NZFP0= T MIZD27!<[]UDVP=V]3+84(O5&L+LWS.UH*-CX19?.[4@4D!JT+Z7;+KF002L2 M[L-. BF[P5Z"AYT 4G.EO=0!=B)(^47W$C[LA) ];KLY>\'.#JFX ^<*P.9? ML^OP5>EL'W1I7Y2O:I5Z!+YU>;XJP^:1"LJJ,A[IT;KZ7&7']T@%]27[*IFP M1QKI[ME727D]U4DRZ&"SN_FU.]_C>4'NBEMXKH<7'"^]EN=:P&9W^6T]QP^; MX%57^%P#V/S>N>+GL&'3N>K>GVL F\TW? ,X9-AT+7,:X.AA$[/,FX"CA\W# M8D<#?BX)FW--O ZX)K!95^.'P)6 3;H=/P4.&S;7JIP7N :PN5;FU<#1PZ9< ME:L#UP VY(#V&2L\#W@]VRP&=G,CX+KX@TGZRHD M'\(F9N,"R8>PF=JTO-:A:5Y$*'G,)M,G$I8Q:=TZ5GD51JM.:"1;& WV!KP1 M^W'=;L :;GF>$N<%A$ E'_.Z !;4D>]\B+T_=*Q1A8RP+8R 9:2 EI'RL]+0S@QVHT<9B3&C&00TA:R"Q7I(5V%@O"5"&8ZR7M&7UDOPD#+ GFEC2 M")<^6'7(%!16'7)Q@[@6@2@W(:%@3PK#.3Y^,;:/5B[!\[.=IMK]WAN M*$ 18:L/Y75(I(+O.!XMHI#R"[L*V+@:T.OV T^TD_MX%>1/S2][^?H779V4 MPO;A:@!:R[*_RKFCZS^%J&VH2G!V)]WI=)J62;'LE-,\)X7@C$ I[ :N 4@G M"RZ)11(*N8LM,=NL*-:'SH_7C97HN4J$D$+SC12K!QF$G)J]%.J[8H209L 5BU(0 M23Q[:P$D=V>OF2Y>UH+(V_E*/8 D[GS-*G/3A Y]#5U69>O-@B2OUC75T?:! MZ+S[8/.\NW[:@#UNL'K>@#]P\,?ZD7]N^:61\T!44/X46Q'K[/U4<3XF,3@: M@Z.W82(!Y1R,I@8>3;W= Q_#KS'\&F>'9[2 \=I(%-:G @9X8X W!GAC@+=/ MRFQ9@/>6,PS8KY4'$"E';D>U:U)!CVZ7@<8K!&\OO%CR6!+-J=#$W M5'6@FTS2"M#FR2@[&"79(IJ2X>AAJ -NWM*.H6->O/QKJW!+!2W%9.H1ZL'9 M=*DVM<7R@>S\5*.'%N:C&D+8GJE6TC$/(53/5 D%?E]]]C=KO;; M%+U\P&#YA%U:]CKW@09UYK05?OE>3 ?GXPY][]'WWI?) I0[T+\>N'^]_X,; M?>C1AWZW9P!0\XY^\FCPX8\K](5'7WCTA8?H/HZ^\+AHVL9%$_J[@_=W]V)X MHT\[^K2C3SNRH)\LB'[KGOJM;].@1]]T]$V'LUO>!=_T;;(>H"ASLV/E#KLR M.=N>YVJ\D-W.QHU9 _D:";'^H@\BE7 $\, +8<3ZU!_#("&"G(((U M@"P5NQZ@VX3M1A93/"Z='PW\ /P#&![@KX5_!,/W^Y7PV8C?*M?OFW1=B*'B MR",1<1XIB?._!S?IH%'/8;M7G<[=<$$=W6RA^S?@*>%\[*$+.+J ^S1A@'(( MNH%[Y0;NZP!'5W!T!<=9 -3,HSLX&GX_QA:ZA*-+.+J$0_2B1I=P7#QMZ^() MW<(]^>B[C_%@04 M=-61#CX,R><#SX,<< 0 M!Z]F#% 6P1@'X#$.6S+",<@!@QQP&D U]!CE@*;?D\&%80X8YH!A#A C S#, M 9=/6[M\PC@'\'$._HQQ#'3 0 <,=$ ^])@/,=+!TTB'K1OY&.J H0YP=M"[ M$.JP=28$%'GR3JC>*7<#EXC9CFA0HH4RB MZTJX "9P=.]*N !VK 5V[ ;8B1;8B1M@'[7 /KIT0C:QU=TYX?QPXG7(CV"X MZ;\"^3$,3_Q7(#^!X6S_"N0?_?>G7Y LF G6%ZV2.R>B%<9):X51/TN\TMBA MTE7.O9Q!'7MMAXN]S]/$^7A$KWOTNO=]$@'E&G3$A^Z(O[6#'GWST3W1!0Q*JI/.U^S%$-:7=W:'>78\OANH%O[S3 <',,-[<=;O[Z-=GUY.SJZ^3T M(GEBGSC\1Q"7Y(K.Z>_5_V7U+ K3)"WH,V)JA^AT+Z<5)#HN'@G)29TJ,D^S M@N&6+NW>[4WPP[PQ\MX?9721]V"5>M.W"5? M*6P[>L0 .>08$@5\G&;PQK,]N+*:$0I1IU!%,2AR45=0)Q&=B%?T?W6!%A/( M[2:NH*\@G >%@#?T+=QYTYO;:,7H=GZ]^":* (DI^2%%VC,"0JC)#RG4FBAO MLE#^8OUXFGL(WT7Y[[5>YZ0(HOAK4ED)$D;527Q^$<[(_:'^N&#^NF#/U;/_Y,*+-\Q8"\9L+<,Z&L&U7L&]8L& M[$W;O=1V[F0/ZHC;ZZ"/'9Q4SD94;&2&;/ZFO@U $1]XP%.MYYXXH%.N!&8* -\H*^ MUY]'[M8NDK$=G2''"3DHHXL:)YRM"?_K1/],7_*X"*I9W MYR^MG9@ZZ+YN3Z.<&90R(VT%SX,B6-J3_#5S[A.;\?@#_X68#,/ M[MDQ^DO[XR^]T_/+^4!&U^G==IW>Z=D'E-W0BQJJ%S7.%G2H1H=JG%);3D#H MF@/7EWJGYPMZZ:"7#GKI($\C3V,,E#(&"IY++([Y.(O01Q]]]-%''XB//IHCST@=W?6W MQET?YQY4SWVS*[N[E:O%33!O&PBYF.6UOSC'?_OOEFW7+R0(HV2F^JHK$2O0 MQ@__HKT1+8@465?"+K#;+)H'V8LB1$0A:A?JA% K'1J"%0E;@7M1'\](/WC[ M[S9!W019%K#>4?2@0M3>-N@IC2EK7Q*2GP620B@R.2<@T[B<)P)SK1:U O4Z M^![-R_E9.2_CZH-69Z=G%-6,C!RJ W[,Y#)6*)]'-C6$S MFRHT$%S-J^I3X^2VS*9/04YR\Z_3]S$V5:2[3I)E)'S5L#-K#$$=Y9!3-W(T MX,;)'8F2!>:&=U2$(RK[B!FE_V\O4O!.M$ ME;!]N!J UA8/U) D,V+0?PI1VU"5X.Q.NM/I-"V38MDIIWE."L'QLU+8#5P# MD$X67!*+)!2RLT=Y)FRUG,R6JV?YLE4NZ0BH8NFJ%+8T(I-@5ITEL;6S>O;( M)*T ;5(<\T\@V8(N38:CAZ$.N'E+ZXJ,LTDTC^(@NTF3OJKHVEJ*Q:*KX82. MB6%E#/@P5NE@T,0N]%%_Z/(F=J$?](45M:C FK2Q OZ&%":=*Q$# MTK_L^F#\>$^R>90$XI74JQYBYY8DS8K'-([2^S)+4@I'>A@LEW0#5'$NK))U M _9.? 4E%K-IU"[3M$C2@N3Z8W:1J%7[RX^FZA,< \2*%E:!W[&M_/BQL:DW M :]N95.!SQD)?G].HZ1@=^IL-RUG0*&L&[#74<(. *ZJ8[XJ+2"I%Q6G?Q(=XL9F989.]U7G4/U:FQ_ZW!#OK%1\3FHKF(N M\B*:4Q;2[2.DK5QO*O1Z]&IL=X/1[.%? @JKR((THZNL('M9820DN4JF<=EP MM1+L0_H_RK(IR O:P^%]>E?'CIS1N4 41EG1PBKPF[0X2^F+XR46-I_/2W*? MMH>57),>C[#++\'\.=9Z@[3%'$#\_/(;">0[%:6P [@]7%D4+9SUL_1^0"GL M "Y[__Y0AY-+N0)X8 2P$R%H#^"1$< C9P"'^R8 F92+N9ZN+Y)?,>\UK1TK MU,L>*!HZ5L/,3HA:0 "NM1^B%A" :^V*J 4 X'I[(VKA 'B/LSQ%"P? S^(T MIXLS8]A=>3N.'70+59#9BW3AV1&P"LN$;E2R5L&NCK[/TF1*=W&9Y.9$)V\M M:D,9KV'W@[,WFGQLF9PUD"8&229G#:3>^(BEK '\DN;D.DW(BQA9X\_6(%7O MNPZRWTG!SBHJW^;+N)P6I?C(S:2-*_#7P^*,]. H?VO;?K8$20[$$X'.0,?> XI1RTCHM5A61+UWSF;2Q MG7K19$6H$;<-N5%/YBJ.R[Q:Z^?_"+(H>(CBJ'@9/]:1T.J,EWT>8UO%<5*= M1HZS+R17:]&2M WT- RKM Y!7)OZ*L>;$K"DA77@BR"*EQ_Z]HERE1IT5]HE MX%_)PR0J6%=FNO&A:F9;A=L@+\[3ZB:3?O6(/IYT:=;LV MG+_5Q("K9*V"77['Y55\M4WXD@:A8 CK6]AQ&4F2,HAK'I"NR81"]N$IUF@R M.>L@K^B$KCI(G%U%(6H=ZO#3)\$1?E?"!3#!-517P@6PD1;8R TPP?U75\(% ML$,ML$,WP 07;UT)%\".M<".W0 [T0([<0/LHQ;81S? /FF!?7( ;+2_K['\ MM80+8!K+7TNX *:Q_+6$"V :RU]+N "FL?RUA M@&LM?2[@ IK'\M80+8!K+ M7TNX *:Q_+6$"V :RU]+. F6?ZBU_$,WEG^HM?Q#-Y9_ MJ+7\0S>6?ZBU_$,WEG^HM?Q#-Y9_J+7\0S>6?ZBU_$,WEG^HM?Q#-Y9_I+7\ M(S>6?Z2U_",WEG^DM?PC-Y9_I+7\(S>6?Z2U_",WEG^DM?PC6Y:?G_R;N &J M9*V"U;L#RB6M KTC09XF$\)N4TA8UPV)6+)1EEAN#^.I'+>T4L#E82T!_B69/)"_^7E(()(M?E$- *6SW M!EV(1#T<5&T @.\+W!+H+^DWX_&ADK7:PT(@ZM&A:.(>>D_8]OUQU-Z*8%P4 MJ[_\HRFM0V^9+E *([&W%V-<-V3I2H/*%BL@B2XCZEOG5D+=T MHL@XJ0L"CA]Y$>3)4_I-7?M=W=")&HWD3!Q.-58$H4 ]FKH96OTW=H65H W(E(G9$'HJU]^BT@<2DVPMH%;V IC;-+&*7A)R)5&W"ED M<[3N@-)-Q,6_RV@1Q'2A:8Y:U,R*"O=/45:\:">B1,P%1,6DDTLZ "J98$(A M!_!TR&R#,IDX2F$[:9#*Y^>Z\/A]VB@#KTC^* X=-Y<)J[1PZ;**6%W'G^&&SLK*P.U*Y(K Y M6PL?-G,;UI'GRL#F:P*;S"6UZ#EXV$S^JCKT7#78I'XK+4_/ M\<.F\ [^[G7 6SN[FAPU[PQ/83-UXH:]UP!V#RM+WG/]8!-V*MRO^QX9OS8 M.*@1Z>(%7Z_KR=.=1W7TL2:,0]B\W='@FF*;E_.KZBB94<<=J1=8IW.FV%HO MV"R^JB=7CZ[[+ CK-2)=M\^C/&>GX6M=8)/ZND#V,ZM%E!2?T^+I.L@+RNG5 MHC=LG%8=PF9QKDLCIFK\2+?F&9F6&;M1$IP='L(F]HT-U WYQD99M\X\UP4V MQ2MV4U*5CKP@_GSC,_T24+VH-%6!+H.SEY62A#"'][@,6;PE5]"/A<$=-=C+ M@O-U&/49G5&D8;*/_%@8W*3%64J1QTMEF)$X+\E]VAZ<:\6\6"4L:YNVMRU' M7BP0-FK =U3P9"U0U_*5NV,=>;$.V/@4[(R_HOUEG?KC&#IOG!=@/UMAA M\[H ^]':]=,+ F]@9YY['+L7W"PH(ZXP0\=>\+1 )[%).O:)G3LEZM?FZ=@G MHN[HL395QUZQ=5N/AMGRB:W;>C1-F$^4K3@_/?:)OKMI);@6L(E\4M6^G+UT M(B%@[NZMK:F:!&V.4V1;EZ4N+KFO[\ M*8@0B!L=&SB0\*G3\@'Y'! X#R[GTLSK9N/8]00VW0HTH17E487*)3HOLBSN M[RU.8/.N6)TNWJ=U*2QOF@HO,+JHDC[ #S8MM[:5%.NMFA(EYPAKD]9%^8Q_ MJ-.ZV6"V][#Y>5.5'C5\/N:&U>\#40\?Y]_ YNL<*FYII1NA33,FR?,M4$]C4 MS,!7Q:;#)F1Q"L^++&NJ=J=6_4] ME5]0Q>"'3<8,_M,D:5'%&9,@N]<#-CVS>BSC-%N-IU4R)JH#;#*6Z/ KNKM) M:_)YRHV!!9N9&66^QE5-,Y_[G!39D/ YNRU^4G./88UL0&"5M! M'0=$!J@=L'A9@#/F6 P^9<#O@! QPVP7+ #QG@L"F6 W[$ (?-K!SP8P:X M/U2*@9\PP/TA4@S\/9,(S!\*Q< _,,#]8<[I_C[#G,#3E7' &>8$GHJ, \XP M)_"$8QQPACF!IQ?C@#/,"3Q?& ><84[@6<(XX QS L\4Q@%GF!-XAC ..,.< MP/.$<< 9Y@2>'6P3..,!&0'/#L8!9Y@3>&XP#CC#G,"3@G' &>8$G@J, \XP M)_ <8!QPACF!)_OB@#/,"3RG%P><84[@.;PXX QS L_9Q0%GF!-XCJY-X%.& M.:%GY]H$SC G\$Q<''"&.8$GXN* ,\P)/.\6!YQA3N YMSC@#',"SZA%[T$5 M_ND1\*1:5 6IDWH$/*<65:"K2WR#R$TT2L:5(5YGWX?-OKVJK2\6K;9\5=1M M-0&47.1],29&*]C43)RS;@MR]]N)K6K3KM'#YF?Z37@M-N^R@6?ADBG!* "; ML]MJ\E7]]P8K@@W/TO IXPB]>&<; ^:[,>,FM#X"FR M6M!7Q3E*FCF!A!>')*J.I@2[C;\C]KO IG/^N_Q"$LYU7/*9Y&K$F\4-TP4\ M?1:O3NLRFZ%E3$K5XB]#$](R"L'F=UZA68[:G6V6LTLUC\8VURK") MGM>'R:U)%6J'7\EH!)OW!T-.[FL> <^\Q:NR/FSI=OSB,":Z-QY]! \E9>T M,P3?%7AF+UX5^0D4\'1>ITO,2 ](%4P0 4_A)5)!$%0 /(&70 MNMP8\5W$VC":PJ5^@B218"'CV M+B9#Q0U:(@S^^;<49/:5D_RV;LM^@MTP4:TS^#UW^\X-;[@_^W^\F][>Y.?L2KE MO+E#D_.UQ.0_L R:7-1H44WJHI?YS[V]KJ7@D1M=@P&AO*VKT?VZT3G?OGW[ M*:U(%>;JIWFQ>-=VS'DQ;]H21.LNN&D6B[A\_B7/R,X()6E;N)F<$[>U.-,X MNT7SQ[S(BH<4_WS[>=U7:4W>MK^_?W 43?8F]-'XG^3I[[K'3U;/G_RY?L._ ML,3J+1/F-1/V/1/RHHT!@CM^0W?\_W%=K#_N8XGN.]4K.C J-/_IH5B^*\MW MQ*<2_W>/_'=O/]H[B'[Z7B7_3@X=^L]+SASHXUJHW:D$+_#NE6 E*.UPX7_P MP/!/_Z#]R1QBT9].OZ<5A]2HQ5M.N4O?PKRBO6I[C)IZDL\FL,\)/IYWA MI#MOK<#DLK4"U23,JM><5%,JH[-I+]F TTVJ$3W-SS(* M?N2D"DP6F&P,K+.B1 ^D>GPLG/A""< \)<2[FD+3P$O Y\B/#T8+P(2T(Y%Q MQSR*WA3,DT VVS61@)(-;0.WL$]7I0Y&P^<;.ET4J,>X MU)+)%@B0M=".)WY?X*4R_.@:R39A"0>5C,">?']!#W'V"7=-_2PY*AQ( %ZX M"?&N)M%A6+*YGR5O/AS?#EKW3NDY]>:?7P *\P!Y[8I)&"&5N)>3:VCP-3>S)W7&J1O!+1_J>Q@92CQ6MQ]AC]R=#0].MF7 M%15*_O:7NFQ0_V.1UWAT?^J<.O_VEPH]D'\8 MSJR+_!&5:4W.SR;W13GI%\I_G4S*\J]#U&'&69MQKS.TWQS<.J^''-M:Q JT MV=T_\3Q*ETB*;"AA%]C7,B4#CW&[EB(H.PA4D,P8J$KN^(/F M#S0YC;1GY9)VKF[;N%-24GP 1-?/(YK:G':B=!&2:2<2M0FUNB8)F&;WG[[/ MVU1,[7#5HM:TLJG I^_QXBG3FE]>S '$C\\DPMT0*"?L .X([E"T<-;/4FNG M%'8 ]]>T?KQ&"5JT$'06;TQ;%X.FZ.&\8 !I6CM6:-3 4C1TK,:X(:9JZ4"1 M$=2J:.$ ^##ODAKV4-[.I511UO=%EA:W>.]<+)&E8E:V?[4&-; MAAZ>I9TY$+ *R\12JV2MG?HHSWOL]AUYHTF_R>2L@32QF#(Y:R#UUE$L904@ MS8E\FB?2Q,(\7),VMAW/38:K1MQJ?VL[UVY/TK>:=*-*UBI8W6)/)F<5I(F) M4LE:!:LW57))VS->;:/ &"9I[EP=8F?3BPF$EP7._=7-L$]O$RV%!SU2K"'-\Q\'!1L M_*)+9SX(!:0&_*4T[X\+&;0BR3[LQ(^R&^P5>-A)'S57VBL=8"=_E%]TK^## M3@(YXK:;LA?LC)"*.W"J &S^-;L.7Y?+]D$7_J)\79_4(_#:>!U036"SKL8/@2H!FW0'?@H4 M-FRN53DO4 U@=P*1:F$[V)K01^6??;D(:;GF:$N=E@T!E'O.ZZA74D>]\B+T] M]%"9*C#"MC!"J!X%M'J4E^,X5'@*%9YV9K #-=JA"E,PXZ"&D#60H5*2%=BA M4A*@_,:A4M*654KRDS# GFB&:D9AZ1,J#IF""A6'7-S@[4S%(:@6 2BWA:I MGE4%\GQ\A\H]H7(/G)WM-E?N\=Q0@")"K@_E=4BD@F\YSD5U=C2((1?;D4 / M,^5-AZ0=F&=%UBSRJW@AF-H*44O)R;ZGBV9QUBR:K/50;H_ZB._X YHM43F[ MO\?C-G_X6J9S ?R1S6&H5#^*3M<-F]E4@4%PL7@B-FF6?VW*^6-K 6@MR_XZYXZN_Q2BMJ$JP=F==*?S M>='D]:I33JL*U8(S J6P&[@&()TLN"0622CD+K;$;+.B6!\Z/UXW5F+D*A%" M"LU74JP;9!!R:HY2:.R*$4+*S5$*FJT<(23E?!6U-H:AT\CEEP[#L8M'""D] MS715+BHA9/5\@1HP\GF: 5=6N:]JC[0/1>??!YGEW][0)>=QD_;P)?>#DS_Z1_]KR M2R/G@:B@_"FV(M;9^ZGB?$R&X.@0'+T-$PDHYX1H:N#1U-L]\$/X=0B_#K/# M,UH(\=J!**Q/A1#@'0*\0X!W"/#V29DM"_#>^X;(L+#X@K\& LAY*X/ MB$,(>6#/'63/$'/N:@M3A[,YW(4A]5RP+**H==+4\B%@A:CNR M78L:G$V7:E-;+!_(SD\U1FAA/JHAA.V9:B4= M\Q!"]4R54.#WU6=_L]8[1]&'(HH^W*3HU0,FJR?LTK+7N0\TJ#.GK?#+]V(Z M.!]WP?<^^-[[,EF .B*?B[@_=W]V)X!Y_VX-,>?-H#"_K)@L%OW5._]6T: M],$W/?BFP]DM[X)O^C99#U"4N=FQK8'J-60/Z& MXG(_TD&D4JX 'A@!'#B?V@-X9 1P4!#!&D"2BET/T&W"=B.+*1Z7SH\&?@#^ M 0P/\)?"/X+A^_U"^&3$;Y7K]U71%V)H.?)(1)Q'2N+\K\E5,6'J.6SWJM.Y M&RZHHYLM=/\&/"6^4&[NL #Z[@P14\S *@9CZX M@P?#[\?8"B[AP24\N(1#]*(.+N%A\;2MBZ?@%NZ96SC@(1Y' -#VSH M+QL&]_"M< _W?^ '%_'@(@YG][Q[+N+^6Q!0U"GO7%-W7'$;M^[C*CW\<247 M:1&F&Z1Q;1W\QV?BA7E69,TBOXH7 C,RIJUC9MB'#P9TXX'WPAQ"&$.'@U8X"R2(AQ ![CL"4C/ 0Y MA""', V@&OH0Y1!,OR>#*X0YA#"'$.8 ,3(@A#F$Y=/6+I]"G /X. =_QG@( M= B!#B'0(?"AQWP8(AT\C738NI$?0AU"J .<'?0NA#ILG0D!19ZT$]IWRMW M)6*V(QJ4:"$',0B!A[GC8)"^U8ESVTU=_YS%74S'\'19)&0?GB)20B9G'>0% MGDEM!YW'M08G)VH=:O3A@\ +?RCA I@@DF0HX0+85 ML<*)O!Y@@A&4HX0+8 MH1;8P.?<#C!![,Q0P@6P8RVP8S? 3K3 3MP >Z\%]MX-L ]:8!\< )OB!9,: M6"?A IC&\G<2+H!I+'\GX0*8QO)W$BZ :2Q_)^$"F,;R=Q(N@&DL?R?A IC& M\G<2+H!I+'\GX0*8QO)W$@Z B2)OAQ(N@&DM?^3&\D=:RQ^YL?R1UO)';BQ_ MI+7\D1O+'VDM?^3&\D=:RQ^YL?R1UO)';BQ_I+7\D1O+'VDM?^3&\D^UEG_J MQO)/M99_ZL;R3[66?^K&\D^UEG_JQO)/M99_ZL;R3[66?SJP_#93'YC<$ F/ MX9U[1;T$_##YB=,L(6/Q#]1YPY(=KY(,%(7#D?5J>P8H1./+CGIB46EW'4.A>\6EW84-A>X5F797 M.A2Z5VS:7?K0;9)7;-I="U'H7K%I=W%$H7O%IMW5$H7N&9LR.1N')T7 H3,Y M3SUCTZAGTZEG;!KU;#KUC$VCGDVGGK%IU+/IU#,VC7HV/?",3:.>30\\8].H M9],#S]@TZMGTP#,VG?9L>N 9FTY[-CWPC$VG/9L>>,:F4R;!N6=L.NW9], S M-IWV;'JP9E/?<@4L41D_""*W;LLXKYY(Y%H;IK7V)V%CMTZXV*WN6>(8KC_[ M!_YKRR,@G>>/!I508#N2E_L\39R/Q[>''O*9!Z[92:X)*@36WBS5#OD]UOD^X6;%W8#)830'Z M5IDVP>8?]2V%I@\Y0(7=_BHI0 /M[@[M[G+5+K@)MK=W&H1"7J\9Q1T*>9D4 M\GKYFNRR*/,T?ZCJN/ST_:G($=X#XQF)YH]YD14/*:HN\ S_+EVPC6SO=LT1 MZH_M5OTQL$J]8.:,W$([37V_O>0.%=Y\C3C2N%;6?&-T ..3^^ GZ8 M9O#&LSVX7P@\(ZPK25= ?T-Q*4RZ*Q=U"E64QTDNZA*J,-.F7-05U)L4&[=U M1B,CR'P35]!UQ1:T+=P%"9CSGMQD.+\S_5$]J$&!D /LQQ4YLK;_>%M%(B") MP7Y($=Y$0<@7]D,*B7/.'7MV"T(=T:_3ZO=.KW-4QVGV2]Z:;92D[85/)=D0 M?[K]+%K+OI^0$^SNR?B?Y.'ONJ=/NL=/_ER_X%]88/62"?.6"?N:"7G/=F\G MG8=R@+I(\3JT:/?FE//!&^*0=CH.:?=F'% 6"T%+0(.6P@P)$4XAPBE,HYT@ MFIWV, ,7'A7F3'!'"^YH;MW1P/G;!+\NKY31^76%Y9N75 3VM'MWHMG!1>#M MWAP)H>\A]#V$O@<^WF$^#G'RZCAY<&%[8>9 "*IW$=?N--K?LYATYR<(/YH4 MX,>"ZM\VN"B8(!_(N_\Z\H -D8SMN",Y3LCA1D/48;Y9FF^O,[#?'%S7B>V0 MO<7?_"-^P>\JH&)Y=S[2VGFI@^[KUC2MB#UI2L0K>![7\XK0TM0MP6:*5,.ZVQ "P6@Z^S@#@_/'3Y,HN 9'SSC M@V<\#,_X8(W\HO3@)+\U3O)AZ@'UES>[+KM>.SE/LC%+"_\Q>4-^+]; M-ET_HSC!VV755UV+6($VN_LG[HUTB:3(AA)V@7TMTT5(&RD M$T.P(F$K<+&5P^L^^0?G_VX3U%5BPR3]F>$JK-84@-& M)N<$9)$UBUQ@KM6B5J!>QM_31;,X:Q9-UG[0]C3T#*-Z0+,E*F?W]WCIDC_@ MV3T7P!_9'(9*]:/HWL2PF4T5& 07B[:8V2S_VI3SQ[A"E?G7&?L8FRKB/27G_@V"=J!*V#U<#T-KB 1N2_ $9])]"U#94)3B[D^YT/B^: MO%YURFE5H5IP^*P4=@/7 *23!9?$(@F%[.Q1GA!9+>))&ULWKVR"2M &4ICG@#_QN454LM M*K F;:R OT*U2>=*Q(#T+[D^F-W?HG*1YK%X)?6BA]BY)2G*^K[(TN*V*?," MPY$>!LLEW0!5G NK9-V O19?08G%;!JUST51YT6-*OTQNTC4JOVE1U/="8X! M8D4+J\"OR59^=L]LZDW JUO95.!CB>+?GXHTK\F-.ME-RQE0*.L&[&6:DP. MB_:8K\W%A[I%Q>F"X#)00?L$FXK1@7!;QDFW,,)+T45:$<[Q1+-FY*<[JO.H48U MMK]UN$+?R*CX&+=7,9^J.EU@%M+M(Z2M7&\J]'J,:FQW@\'V\,\QAE67<5'B M559,?Y1E4U#5N(>3V^(:W6=H7I_AN8 41EG1PBKP MJZ(^*_"+LQ46,I_/&W1;\,-*KLF(1]CEEWCQE&F]07@Q!Q _/O^&8OE.12GL M .X(5Q9%"V?]++T?4 H[@$O>OQ_I<%(I5P /C .8O[L 3PR GCD#&"T;P*0 M2+F8ZT5_D?R">:]I[5BA4?9 T="Q&F9V0M0" G"M_1"U@ !<:U=$+0 U]L; M40L'P$>> P&KL$SH1B5K%>SZ MZ/NLR.=X%U=*;DYT\M:B-I3Q&G8_.'FCR<>6R5D#:6*09'+60.J-CUC*&L O M184NBQP]BY$Q?[8&J7W?95S^CFIR5M'Z-G_.FGG=B(_<3-JX G\9/U\5]5=R MQ%PNT7F19;'@,-JXH4,U.G_ZUGNIO&DJS)B=%[>I-O+V]LQ:45_D)& S.4<8 M3(H?^XQ_J-.ZD7A!FS1R %^'U-U N7DJ\JHHZ>@MB._[3?/TA G6:* HVUOL MZ3PA#A55>I^BY*:.ZT8RSL62]NA%MEO>^*,]. H?6O[OUD")H5@"\#$NB7M M?8HYJ4]TU0;D2]=\)FUL)SXT61%JQ&U#9NJX7&194[5K_>I_XC*-[](LK9]G M]UTDM#K?Y)C'V%9QEK>GD;/R"ZK46G"2MH&>)DF;U2'..E/?)FM3 I:TL Y\ M&:?9ZD-_?<1XJL^+]B83?_44/QY] M;O ,4_>]HI552Z\UZW9M.'VKB0%7R5H%N_J.JZOX=IOPI8@3P1#6M[#C,I+G M39QU/"!=DPF%[,-3K-%DS? /FB!?7 ;+J_K['\G80+8!K+WTFX *:Q_)V$"V :R]])N "FL?R=A M@ M&LO?2;@ IK'\G80+8!K+WTFX *:Q_)V$"V :R]]). FK= >625H%>H[@J\AM$;E-0TE4-24FR49)7K"P6 M%XL%2M*X1MGSUQ+-$;G1^HK*M!#X)KW&,RTKW][G?R[*%N154;=Y5E%RD?=Y MW55Z&C6WHA*Y]+\MR-5(A^H+03N$+A&SVNL\!O'5CUK:*6!SL): _IP^/**J M_GN#(: R>U8. :6PW1MT(1+U<%"U 0!^+'!+H+\4WXS'ATK6:@\+@:A'AZ*) M>^@C8=OWQU%[*X)Q46S?3OQ #-Q&#)LY48'Q=SMKD^L(EE0F;:R ;U]Y59RC MI)FWR;B+MK@#34;1UJ$=PC=KY:3W?R$933J;_)GD ,([&W%V-<-V3I1H/:$R MM(SS^K; O4DSE>G5D+=THL@L[\H!SNYI6>.;Q^*;NO*ZNJ$3-9CD3!1..U8$ MH4 CFKH96N,RW=H65H S$:DW:(GPJY]_2U&62$VPMH%; MV IC;-+&*7A)R)5&W"ED<[3N@.)-Q*<_FG099WBA:8Y:U,R*"K>/:5D_:R>B M1,P%1,6DDTLZ "J98$(A!_!TR&R#,IDX2F$[:9":IZ>N[/AMP52!5R1NTC78 MA/VZQ>V38A&G^=X"+>[Z Q'#,O?R*N"K8O>#Y2\<[.6P2O@*], ;!A1H00GQ M%>Z!LPPHW,,"XRO8 U<:F+"'5<=7^ ?[)ICX;P2%R%<:#)PR06G %RI?@1XX M;$($+3IZ7>$?^'6"PB^K:KX"/_#]! V>6>-17AJ<((!28&2Q$Z5@TW5HXJ>4Y5@T[A1 72J"FQ&__%ZYU1/V+ROK(%.58"]"N"J MI%/0L*E?43N=*@";_C?JJ],]G1>$+ZZY3E7P@M[9>E<4.&PJ%U9KI]!A$[6\ MB#O%#YN5E87=J0K0V5A6[YWBA\VRYF7?J3ZP*7=,[7>J$6P^-J@$3Q6!S'I229LMC:H$D\5@3QSN/]NBC)XQ#V+P]T. 28ULTBXOV M*)E0QS7J%EBG"Z)8KQ=L%E_7D^M&UVT9)]T:$:_;%VE5D=/P7A?8I-X7R'XB MM8CR^F-1/U[&58TYO5WT)LQIU2%L%J>Z,#%5LWN\-2_1O"G)C9+@[/ 0-K%O M;*"NT#L9N2JG3D!?%7&Y_IYQCKA:6Q"G@97#ZOE42(.+QG M34+B+:F"?BP,KK'!7A6<[\*HS_",0HS)/O)C87!5U&<%1IZME"%&XKQ!MP4_ M.'O%O%@EK&J;\MN6(R\6"!LUX +(6Z&KYRMVQCKQ8!VQ\"OZRY\@+^F?K MS$<]=M@\+\!^T&.'S>L"[$>]ZZ<7!,Y@)YY[%+L7W"PH(ZXP0\=>\+1 )[%) M.O:)G0O!F"V?V)K7@S5A/E&VXOSTV"?Z'J:5 MH%K )O*;MO;EP_,@$@(VAU/8"M8[@]"PR590CKT- ML?B<-?.ZV3AV/8%-MP)-:$5Y5*%RBXL3V+PK5J>+]VE="LN;IL(+ MC"ZJI _P@TW+K6TEQ7JKID3).<+:I'51/N,?ZK1N-ICM/6Q^WE2E1PV?C[EA M=?-4Y%51TLE2D% >DAP KSMZK3R@[")/B"-2E=ZG*+FIXS;A.L4/G[3Y4XSW M'C#UT''^/7R.[K'"IF::$?H44[(LWS+5!#8U,_!5L>FP"5FH FXPE.OR*[F[2FGR><84[@Z<4XX QS L\7 MQ@%GF!-XEC ..,.(8P#SC G\#QA''"&.8%G!]L$SGA 1L"S M@W' &>8$GAN, \XP)_"D8!QPACF!IP+C@#/,"3P'& ><84[@R;XXX QS L_I MQ0%GF!-X#B\..,.HVL3^)1A3NC9N3:!,\P)/!,7!YQA3N") MN#C@#',"S[O% 6>8$WC.+0XXPYS ,VK1>U"%?WH$/*D654'JI!X!SZE%%>CJ M$M\@LVX+< M_79BJ]JT:_2P^9E^$UZ+S;MLX%FX9$HP"L#F[+::?%7_O<%*H#)[%H\DV/2] M]F82ZL*-)]B$KE:%40,VO7\IOND'E1_T+E2%&U-^\+Q0DUX+X+FT=([O$?!4 M63Q^X@$H=_^+@"?,XK5A'*S/VJR'S-H0>(JL%O15<8Z29DX@X<4AB:JC*<%N MX^^(_2ZPZ9S_+K^0A',=EWPFN1KQ9G'#= %/G\6KT[K,9F@9DU*U^,O0A+2, M0K#YG5=HEJ-V)S*[/[W'5AFK=/-8?&.M,FRBY_5A;]P9"3 M^YI'P#-O\:JL#UNZ';\XC(GNC4 Y MO*1Z",@">"(OF2J;H,BT8!6!SMD !O-OZ]$>3+N,,K]MY;6 3^.UC M6M;/\MD-F[PY]*(Y#9N[-Q7@9S)LUM[$SL"&3=%KV*I9"SR)%TD.E;55WFZ+ M_@)=L!'M,WC]]SM.C2_X?[N__-O>WN1GK$HY;^[0Y'PM,?D/+(,F%S5:5).Z MZ&7^\JY[S63UGLF?ZS?]"TNLWC:AKYOT M[YO@%T[Z-T[(*S>&#/X4&[V!_S^NB_7G?BS1?=<9%1TJ%9K_]% LWY7E.^)E MB?^[1_Z[MQ_M'40_?:^2?R?'$/T')Z<0]'$MZ.Z<@A=X]TJP$I1VN/ _>&#X MIW_0GF6.M>A/I]_3BD-JU.(M)^$C'<][^%>45RWS<5-1TMED'AKAIQ/1 MMW9A N[V;-CP]/"\"$U"21 M<<=.BMX4S)Q 2-L^M8 2$G,Y?8EBDA%;/.]E=\K^!3W$V:<<=_BSY!!R( %X M<2?$NYI6AV%9!W'>O/D ?3MHW3NE9^*;?WX!*,P5Y+4?HF@Z;5^*?_C'#?ZX M^\='1Q\^"%\=C^ .5M0UAM ME[6A'I+]KE02,(LK<:\FVU%@ M2?E]*.)V$ZSYK-3-;-!E4$XD#/"+NWWDG::8^$^S+) \#+,$BN3E?IL],I', M6\ZE.,O&^Y<.NF\U;8ZQ''Y14O]UGA452O[VE[IL4/]CD==XO'_J7%/_]I<* M/9!_&,ZUB_P1E6E-3N8F]T4YZ9?7?YU,RO*O0]1A#CJ<@Z\SV-\4T MD7YP_N\V08GR+$CPB43M+>X?BPQS$$D1LXY2$B[Q!7(N0+;$J>A3C;B=:807 MM_B#Y@\TZ8ZT9^62=JZ)VWA:4BI] $37SR.:VIQVHC08DFDG$K4)M;HFB:5F M]Y^^S]L44^UPU:+6M+*IP*?O\>(ITYI?7LP!Q(_/)'+?$"@G[ #N".Y0M'#6 MSU)KIQ1V /?7M'Z\1@E:M!!T%F],6Q>#INCAO& :5H[5FC4P%(T=*S&N"&F M:NE D1'4JFCA /@PGY0:]E#>SE564=;W1986MWCO7"R1G*_DDFZ *GI6)6MG M^U!C6X8>GJ6=.1"P"LO$4JMDK9WZ*,][[/8=>:-)O\GDK($TL9@R.6L@]=91 M+&4%(,WU?)HGTH3)/%R3-K:=W$V&JT;<:G]K.]=N3]*WFG2C2M8J6-UB3R9G M%:2)B5+)6@6K-U5R2=LS7FVCP!@F:4Y@'6)GTXL',@*S;:A,%OD1J,U:.>EK M$VMATL8)>+WUT+>PLS?09:$:;!!T#0"GW!)<%SOW>S;!/;Q,MA2(]4JPAS?, M?,P5;/RB2V<^O 6D!ORE-._%"QFTHG@ [(26LAOL%7C8R2PU5]HK'6 GM91? M=*_@PTYN.>*VF[(7[$R7BCMPJ@!L_C6[#E^7 ?=!%_ZB?%UWU2/PW.7YNJ2< M1RHH*^1XI =W];G.].^1"NI+]G5B9(\TTMVSKQ,,>ZJ39-#!9G?S:W>ZQ_." MW!6W\%0/+SA>>BU/M8#-[O+;>HH?-L&KKO"I!K#Y?7#%3V'#IG/5O3_5 #:; M;_@&4,BPZ5KF-$#1PR9FF3T!0_+#Y5VL\81/PB'++ M![#)6.%[0._98#.RF1\%U<4;3M95>SZ$3D3*A>9@@J5BUSD'9AG1=8L\JMX(9C:"E%+R34C1P-N%E^C=)\B:H:)>?I,DTPOY"K M@(VK ;UN/_!$.[F/UT'^V/R2E_<_#'52"MN'JP%H+.KO\4HK:A*L'9 MG72G\WG1Y/6J4TZK"M6",P*EL!NX!B"=++@D%DDHY"ZVQ&RSHE@?.C]>-U9B MY"H10@K-5U*L&V009Y=_>T"7G<9/V\"7W@Y,_^ MD?_:\DLCYX&HH/PIMB+6V?NIXGQ,AN#H$!R]#1,)*.>$:&K@T=3;/?!#^'4( MOPZSPS-:"/':@2BL3X40X!T"O$. =PCP]DF9+0OPWG*& 7ON&R+"P^(*_!@+ M(>2N#XA#"'E@SQUDSQ!S[FG,^:Y,B!"D'H+4X>S.=R%(?5T8.N+%2[^V"K=4T%),IAZA'IQ-EVI36RP?R,Y/-49H83ZJ(83M MF6HE'?,00O5,E5#@]]5G?[/6.T?1AR**/MRDZ-4#)JLG[-*RU[D/-*@SIZWP MR_=B.C@?=\'W/OC>^S)9@')'\*\'[E_O_^ ./O3!AWZW9P!0\Q[\Y(/!AS^N M@B]\\(4/OO 0W<>#+WQ8-&WCHBGXNX/W=_=B> >?]N#3'GS: POZR8+!;]U3 MO_5M&O3!-SWXIL/9+>^";_HV60]0E+G9L7*'79F<;<]S-5[(;N=BY&'JV!ZC M5D#^AN)R/])!I%*N !X8 73J?&HTW\6]ZGQC^P/P#UZ)G:%L\",S(F+:. ME3'S11:U@ !MB'#P9TXX'WPAQ"&$ M.'@U8X"R2(AQ ![CL"4C/ 0YA""', V@&OH0Y1!,OR>#*X0YA#"'$.8 ,3(@ MA#F$Y=/6+I]"G /X. =_QG@(= B!#B'0(?"AQWP8(AT\C738NI$?0AU"J .< M'?0NA#ILG0D!19ZT$]IWRMW )6*V(QJ4:"$',0B!A[GC8)"^U8ESVTU=_YS% M74S'\'19)&0?GB)20B9G'>0%GDEM!YW'M08G)VH=:O3A@\ +?RCA I@@DF0H MX0+85 ML<*)O!Y@@A&4HX0+8H1;8P.?<#C!![,Q0P@6P8RVP8S? 3K3 3MP M>Z\%]MX-L ]:8!\< )OB!9,:6"?A IC&\G<2+H!I+'\GX0*8QO)W$BZ :2Q_ M)^$"F,;R=Q(N@&DL?R?A IC&\G<2+H!I+'\GX0*8QO)W$@Z B2)OAQ(N@&DM M?^3&\D=:RQ^YL?R1UO)';BQ_I+7\D1O+'VDM?^3&\D=:RQ^YL?R1UO)';BQ_ MI+7\D1O+'VDM?^3&\D^UEG_JQO)/M99_ZL;R3[66?^K&\D^UEG_JQO)/M99_ MZL;R3[66?SJP_#93'YC<$ F/X9U[1;T$_##YB=,L(6/Q#]1YPY(=KY(,%(7#D?5J>P8H1./+CGIB< MYNUZ ?23'KI7I-I= M46EW'4.A>\6EW84-A>X5F797.A2Z5VS:7?K0;9)7;-I="U'H7K%I=W%$H7O% MIMW5$H7N&9LR.1N')T7 H3,Y3SUCTZAGTZEG;!KU;#KUC$VCGDVGGK%IU+/I MU#,VC7HV/?",3:.>30\\8].H9],#S]@TZMGTP#,VG?9L>N 9FTY[-CWPC$VG M/9L>>,:F4R;!N6=L.NW9], S-IWV;'JP9E/?<@4L41D_""*WVN"LM1<)&[%U MPD5L=4\01FYM>:BC\T31H#(';$>6[ [:37A9B'W8GR'E)HAI69(J1EXT%,>#.DTU>DTX2:= MWJ91'U)IAE2:(95F(-*M)=)=+G,%-R/U%HSW4.+J->.;0XFK4.(*9%6H4.)* MMVRRE(%\"R@#YA)IHV>[_I"G=U8*V\Y$;H <ZE(!"3CT@\IPILH"(F8?D@A M<3*O8\^.Q:D_\'5:_=[I=8[J.,U^R5NSC9*TO1^H_A_*BT4ZKRX6BR8OLN+A M. Y%3RG@N=46.)Y1TY@3]9W M)RX:7.17F#4AVCI$6X=HZ\#9@;-###>S@='%<(,+0 MS*42&A\CP$!D.*L0I M&"4_";[_7O*P$Y&,[3 I.4[(T5%#U&$&.IN!KS/4WQQ7>^W]J9JH/NZQ8WK8B%:4K$*W@>U_'*P%0_- D_D$FX?HUX&I*73?ZD MKP,Z%>&>4 ??;W]\O\.$ S6R@QOX;KN!A^GH ?\%CW"H'N%A^@3G\. <'B@* MR!R#NT7;'2'[A80(%?Z+@3Q3\B0*3@S)$0)D\1'S)(K[@N0>'"16"OT+P M5PC^"L%?(?@K+/RV@Z> +OR"3SD\G_(PK8)[>7 O#^[E4-W+@WWRG?:#I_G6 M>)J'R>B-T[G9/=#U^H;_*E[P%D,N9GF[(*Y]P/_=LC'#8RI)\P?55UV+6($V MN_LG[HUTB:3(AA)V@7TMTT5(&RV$T.P(F$K<#]]?\)K0_D' MY_]N$]157)8QZ1U%#RI$[6V4'HL,T_AGA*JS6%(@1B;G!&21-8M<8*[5HE:@ M7L;?TT6S.&L63=9^T/;D\0RC>D"S)2IG]_=X,9,_X-D]%\ ?V1R&2O6CZ+#? ML)E-%1@$%XLGLE"=Y5^;I8O6^62CH JEJY*84LC,H\?VC,ELG96 MSQZ9I!6@+,61VWU4+O'2))K>13K@YBVM*S(K;])%FL7E59&/5477UE(($%X- MYWA,1*TQH,-8I8-!$[O0I^.ARYO8A7XP'KJ\B1WS: K8+HB=6Y*BK.^++"UNFS(O,!SI8;!C35G> 8(%:TL K\FFSE9_?, MIMX$O+J5304^EBC^_:E(\YK(1=?HD73YG6&X075<@7PP C@@3N 1T8 CYP!C/9- !(I%W.]Z"^27S#O-:T= M*S3*'B@:.E;#S$Z(6D KK4?HA80@&OMBJ@% .!Z>R-JX0#XB+,\10L'P,^R MHL*+,V/80WD[CAUX"U6CAV?IPG,@8!66"=VH9*V"71]]GQ7Y'._B2LG-B4[> M6M2&,E[#[@62OJBYR$;B;G"(-)\6.?\0]U6C<2+VB3 M1@[@ZY"Z&R@W3T5>%24=O07Q?;]IGIXPP1H-%&5[BSV=)\2AHDKO4Y3OUL?28K0HVX;XJL^+]B83?_44/QY];O ,4_>]HI552Z\U MZW9M.'VKB0%7R5H%N_J.JZOX=IOPI8@3P1#6M[#C,I+G39QU/"!=DPF%[,-3 MK-%DS? /FB!?7 ;+J_ MK['\G80+8!K+WTFX *:Q_)V$"V :R]])N "FL?R=A M@&LO?2;@ IK'\G80+ M8!K+WTFX *:Q_)V$"V :R]]). FK= >625H%>H[@J\AM$;E-0TE4624FR49)7K"P6%XL%2M*X1MGSUQ+- M$;G1^HK*M!#X)KW&,RTKW][G?R[*%N154;=Y5E%RD?=YW55Z&C6WHA*Y]+\M MR-5(A^H+03N$+A&SVNL\!O'5CUK:*6!SL): _IP^/**J_GN#(: R>U8. :6P MW1MT(1+U<%"U 0!^+'!+H+\4WXS'ATK6:@\+@:A'AZ*)>^@C8=OWQU%[*X)Q M46S?3OQ #-Q&#)LY48'Q=SMKD^L(EE0F;:R ;U]Y59RCI)FWR;B+MK@#34;1 MUGP=PC=KY:3W?R$933J;_)GD ,([&W%V-<-V3I1H/:$RM(SS^K; O4DSE>G5 MD+=THL@L[TH&SNYI">&;Q^*;NERXNJ$3-9CD3!1..U8$H4 CFKH96N,RW=H65H S$:DW:(GPJY]_2U&62$VPMH%;V IC;-+&*7A)R)5& MW"ED<[3N@.)-Q*<_FG099WBA:8Y:U,R*"K>/:5D_:R>B1,P%1,6DDTLZ "J9 M8$(A!_!TR&R#,IDX2F$[:9":IZ>N /EMP=2%5R1NTC78A/VZY>Z38A&G^=X" M+>[Z Q'#PO?R*N!%F:#R;W\9+'_A8"^'5<)7H ?>,*! "TJ(KW /G&5 X1X6 M&%_!'KC2P(0]K#J^PC_8-\'$?R,H1+[28."4"4H#OE#Y"O3 81,B:-'1ZPK_ MP*\3%'Y95?,5^('O)VCPS!J/\M+@! &4 B.+G5.E8+.M8=ESJ@QL%GYAP7.J M'&RJ'E7TG*H$F\:-"J!356 S^H_7.Z=ZPN9]90UTJ@+L50!7)9V"ADW]BMKI M5 '8]+]17YWNZ;P@?''-=:J"%_3.UKNBP&%3N;!:.X4.FZCE1=PI?MBLK"SL M3E6 SL:R>N\4/VR6-2_[3O6!3;EC:K]3C6#SL4$E>*H(;%XVJ M/3S)AL[5! ME7BJ"&S.UL*'S=R&=>2I,K"Y7(4<-HN;5)RGFL F@H>-I._J X]50TV MJ7^5EJ>G^&%3^ #_\#K@ #9W#S2X9F],#V'SM:+&/54 -D_K2]Y3/6 3]KK< M+SF>F=TS!S4B7;S@Z[Z>/-YYM$KU@L_BZGEPWNF[+..G6B'C=ODBKBIR&][K )O6^0/83J464UQ^+^O$R MKFK,Z>VB-V%.JPYALSC5A8FIFMWCK7F)YDU);I0$9X>'L(E]8P-UA;Z143:L M,T]U@4WQBMV45*4C+XB_VOA,/\=8+RR-5<#+X/)YK21"Q.$]:Q(2;TD5]&-A M<(T-]JK@?!=&?89G%&),]I$?"X.KHCXK,/)LI0PQ$N<-NBWXP=DKYL4J857; ME-^V''FQ0-BH 3]0P9.U0%?+5^Z.=>3%.F#C4_"7/4=>T#];9S[JL0'V M@QX[;%X78#_J73^](' &._'>GQS[1]S"M!-4"-I'?M+4O M'YX'D1"P.9S"5K#>"6PFIQJL+T'.BGR.=]?EYB7:"6SN)@*#H0.;G]L2SXIA M YN5B8#"9I[ YN*V8+3,4I[ YE\B\*6H4!M$WX.&3;:"9%G-!5>8'11)7V 'VQ: M;FTK*=9;-25*SA'6)JV+\AG_4*=UL\%L[V'S\Z8J/6KX?,P-JYNG(J^*DDZ6 M@H3RD.0 >-W1:^4!91=Y0AR1JO0^1^0]*[^@BL$/FXP9_*=)TJ**,R9!=J\';'IF]5C& M:;8:3ZMD3%0'V&0LT>%7='>3UN3SE!L#"S8S,\I\C:N:Y(QO%WU).L=S_G.# MFS(?!C9EK\M/<.PQK(D-$K:".H;%LT%JL!H]@J(#5 _8/"Y,.$RAPV9O6>[A M=6H6V/RLR(^ZU@ V0W.UV_<9X+ IF0,>,R81F#\4BH%_8(#[PYS3 M_7V&.8&G*^. ,\P)/!49!YQA3N )QSC@#',"3R_& 6>8$WB^, XXPYS LX1Q MP!GF!)XIC /.,"?P#&$<<(8Y@><)XX SS D\.]@F<,8#,@*>'8P#SC G\-Q@ M''"&.8$G!>. ,\P)/!48!YQA3N YP#C@#',"3_;% 6>8$WA.+PXXPYS -XM M#CC#G,!S;G' &>8$GE&+WH,J_-,CX$FUJ I2)_4(>$XMJD!7E_@&D9MHE(PK M0[S.O@^;?7M56U\L6FWYJJC;:@(HN34!=N/,$F M=+4JC!JPZ?U+\4T_J/R@=Z$JW)CR@^>%FO1: ,^EI7-\CX"GRN+Q$P] N?M? M!#QA%J\-XV!]UF8]9-:&P%-DM:"OBG.4-',""2\.250=30EV&W]'['>!3>?\ M=_F%))SKN.0SR=6(-XL;I@MX^BQ>G=9E-D/+F)2JQ5^&)J1E%(+-[[Q"LQRU M.Y'9_>D]MLI8I9O'XAMKE6$3/:\/DUN3*M0.OY+1"#;O#X:8D1Z0*I@@ I[" M2Z2"(*@ > (O@1;<;@UXYBZ! EP*M0AXSBZ9!LR9/O!L71(-6&<;X'FZ!!K< MI"T]KN)L&$U@4[] $TFP$/#L74R&BANT1!C\\V\IRI(!3P#/X2750T 6P!-Y MR539#$V.@.?VDFG!* ";LP4*X-W6IS^:=!EG>-W.:P.;P&\?T[)^EL]NV.3- MH1?-:=CPU;-6N!)O$ARJ*RM\G9;]!?H@HUHG\'K MO]]Q:GS!_]O]Y=_V]B8_8U7*>7.')N=KBZ!@-">5M7H_MUHW.^??OV4UJ1*LS53_-B\:[MF/-BWK0EB-9=<-,L%G'Y M_$N>D9T12M*V<'-U690YWGQ7=5Q>-EF=[K6U[O!BJUB@3[>?UQV6UN25^_O[ M!R?19&]"GX__25[QKGO'9/62R9_KU_P+2ZQ>-6'>-6%>-NG>-B&OVQ@K^!ML M= /^_[@NUM_YL43W72]4=(Q4:/[30[%\5Y;OB'LE_N\>^>_>?K1W$/WTO4K^ MG9P_]%^:'#_0Q[6 NP,*7N#=*\%*4-KAPO_@@>&?_D%[E3G/HC^=?D\K#JE1 MB[>M93'S4%)9Y,):(2?SD##^7?>&H3)96L0JDF88&\TP9R/ MY+>'W@TE!5(J\*8$1R?67K(!IYM?(WJ:GW 4_,CY%?@-Q/0#RF]*6&=%B1Y( M>?E8: .$$H#92XAW-9NF@:W\F2X_/BXM !.2D43&'1\I>E,P90(%;>V< DI! MS,WS)8I)NFOQA)?)P:8C&>K5_#H(I.31!'K5D6H-I(RFY))6@%)?+E3-\G/" M/NE=FZ&_NMPX..SQ:ANXA7VZ*I8P&C[?T.E203W&I49-MFR K(5V//$;!R^5 MX4?72.()"SL/> GLV?D7]!!GGW+=&_^^06@,#N0UWZ(HNFT?2G^X1\W^^3+'K\_V!>N7\0B;@_9)9^0 MSM3-?K*T,)%??5N)>S;*C MP-\^3J/7&J]O!+1_J>P09BCQ6HQ^AC\U_N'X4,[H0Q&W&UW-9Z4.8H,N@W+J M8(!?W.TCKRC%5'^:98'6 ZWWL.2NECTRDXX'^J?,F_=M?*O1 _F$XR2[R1U2F-3EVF]P7Y:1? M2?]U,BG+OPY1A\GG8O*]SBA_5?T3ZP?F_VP0ERHD@P2<2M;>+ MITQK?GDQ!Q _/I,H>T.@G+ #N".X0]'"63]+K9U2V '<7]/Z\1HE:-%"T%F\ M,6U=#)JBA_." :1I[5BA40-+T="Q&N.&F*JE T5&4*NBA0/@P]Q/:MA#>3NW M5D59WQ=96MSBO7.Q1'*^DDNZ :KH696LG>U#C6T9>GB6=N9 P"HL$TNMDK5V MZJ,\[[';=^2-)OTFD[,&TL1BRN2L@=1;1[&4%8 T+_-IGDB3&_-P3=K8=ETW M&:X:<:O]K>UW6(G4TO'L@(S+:A,AG?1Z V:^6DKTVLA4D;)^#UUD/?PL[>0)-4KP1[>,/.15+#QBRZ=^=@5D!KPE]*\PRYD MT(I$_["33\INL%?@82>>U%QIKW2 G8!2?M&]@@\[$>6(VV[*7K"S4BKNP*D" ML/G7[#I\7;+;!UWXB_)UC52/P'.7Y^OR;QZIH*QFXY$>W-7G.BN_1RJH+]G7 M28P]TDAWS[Y.!NRI3I)!!YO=S:_=Z1[/"W)7W,)3/;S@>.FU/-4"-KO+;^LI M?M@$K[K"IQK YO?!%3^%#9O.5??^5 /8;+[A&T APZ9KF=, 10^;F&7>!!0] M;!X6.QK0 M-N6J7!VH!K I5^X!0?'#YE^M\81-P"-*(Q_ )F.%[P&]9X/-R&9^%%07;SA9 M5YGY$#8Q&Q=F/H3-U*9EO0Y-,RE"R7=V,W]$29,A[M:QS:TP77<"DW!A.MF; MT$;DGWV["6FXY1E+G! MCN-0.2I4CMJ9P0[4:(>23L&,@QI"UD"&6DM68(=:2X"R'H=:2UM6:\E/P@![ MHAF*((6E3ZA.9 HJ5"=R<8.W,]6)H%H$H-P6R@9Y5C;(\_$=ZOF$>CYP=K;; M7,_'604S=R-.!F^35*\R6J:I2 M_S#422EL'ZX&H+4L^^N<.[K^4XC:AJH$9W?2G<[G19/7JTYIJPT*S@B4PF[@ M&H!TLN"26"2AD+O8$K/-BF)]Z/QXW5B)D:M$""DT7TFQ;I!!R*DY2J&Q*T8( M*3='*6BV.FNGB92V(O)TOU -(XLZ7K#(W36CD:^BR*EMO&>=5NZYI MC[8/1.?=!YOGW=W3)N1QD_7S)O2!DS_[1_YKRR^-G >B@O*GV(I89^^GBO,Q M&8*C0W#T-DPDH)P3HJF!1U-O]\ /X=\L9!NRY;X@(#XLK\&,LA)"[/B .(>2!/7>0/4/,N:@A2A[,[WX4@]5VQ+*"H=M#5\B!BA:CMR'8M:LBQ[5+P88K!&\MO%CR6 MQP_MZ")NJ.I -YFD%:#LR2@Y&$7E,IVC:'H7Z8";M[1CZ(@7+_W:*MQ203N7 M)?,_FK1$"9E4K8=RGIB -FQF*:Q4C]<9.-PYO\8I"8PIKU&ZN&O*JIU<*K F M;:R OT*U2>=*Q-QYW9O2M=S6.3_X&J&%N>&#$-EIJI74+$*(YC15PM!,0HC? M-%5)@=]IH*8I?A/C"B%2TU0?B?'E S ].P9?J?3I>[QXRA"W5S@4[14.-_<* MJP=,5D_8I?VW\V ,4(??6Q$@Y,5T<#[N0A!0" +R9;( Y8X0Z ,\T,?_P1V" M>4(PSV[/ *#F/03L!(,/?UR%H)P0E!."5^I(-(I5P!/# ".'!QM@?PR C@P.'7 M&D!2$T(/T&WE"".+*1Z7SH\&?@#^ 8PX@Y?"/X(18?!"^&3$CSRLA7U(>1DCC_:W)53)C",MN]ZG3NA@OJZ&8+W;\!3PGG8R^X@ <7<)\F M#% ."6[@7KF!^SK @RMX< 4/LP"HF0_NX,'P^S&V@DMX< D/+N$0O:B#2WA8 M/&WKXBFXA7OF%@YXB ?7\. :'ES# QOZRX;!/7PKW,/]'_C!13RXB,/9/>^> MB[C_%@04=M8&3-?>E$+","U/O:B%A" :WWO12T -?[Y(M:0'&Q-J"D,5/7^0G. MZRK(!28 \NS_<;4.('K\_[A:1\/S^2U0BPEP,#U2@7;4V)6QNBWJ.+M&=5/F MU4=L.[!PW:[5CD4+N&-A):SV&9/50R;_2Q_S?UN^87+N90[J]'$K(AS\F1/. M!U\(<0@A#E[-&* L$F(<@,XX&*1O=>+< M=E/7/_BO D?XH80+8(=:8 //53O !![X0PD7P(ZUP([= #O1 CMQ ^R]%MA[ ME][1)B0RG*S.3TU>AOP01OS "Y #*0KP N3',*( 7H#\9'BBX GR]^PZS\]# MPB4JXP?!DHVK8K0V^^RB[81;M'7/$B_>=J@:F'/'<5 GB=L1M>#S-'$^'D,@ M0PAD\'T2 >6:$-L /;9A:P=]"'<(X0YA9L"B@^#"!S_BP>=A'[SZ@E=?\.H+ MK+E=K!D<_=2.?G#=X7=@,ECU_7LK%SNPCH>^^<[YX/RGZ=!B. /$?RV(_A?OB:[+,H\S1^J.BXOFZQ.3ZL*U3^G#X\7.9ZT MZ )/[^_2U=J8QO#CVT/* 7^4T:4< *O4V&DSSD=YM)VH\.[SI&' M%RB%;4?"&""'' ^C@!^F&;SQ; ^NK/Z%0M0I5%'8BES4%=2;%$]$S(VH*S9C M IEOX@KZ&L)Y7 MX0]_"G1N[N8U6C&[G]WJOHL@1C#"4'U*$GQ$0HE-^2"%N MHKS*0OF+]7-AZII[G5:_=WJ=HSI.LU_RUDJ@)&V/P"M^S[#7;AJZ#<.GV\\B MKG\_(0=[W>/Q/\D;WG6OF'3OF/RY?LN_L,#J31/F51/F79/N91/RMNU>=#OW M83)$N)#0GQ(F%$[3#\[ M[:H#+LXD3)_@XA-,UXILR5%.@(KP5O4A6!AL %..SU=0I!Q M"#(.0<:!I0-+A^!D#ZN0A$D$+*@Y%#1YXPUN*&@"-\HC6"//*+W_4'(G>I&, M[5@0.4[((2!#U&'JV9]ZKS/&WQQ7=^VMHIJH/N MZS8VK8AI:4K$*W@>U_'*LE0OGWT?R.Q;OT,\_\B;)G_2=P&<@W#/G8.?MC]^ MVF&FP1C2P65[MUVVPSR$S'C!>QNJ]W:8-\&1.SARA\FU@Z04W'_@^G"'F1,\ M@=2@@B=0\ 0*W+VKW!WBL63Q6/!<><-,"J%9(30+8&A6R+X<8LE"+%G(OAP6 MW5XM%8 NNH,G/CQ/_#"?@E-^<,H/3OGCR?^-G?*#8?*6Z(-__M;XYX=9"-]5 MW^R>[7KM,W$5+WA3(1>SO#,0%Q/@_V[9BOV,X@2/,]5778M8@3:[^R?NC72) MI,B&$G:!?2W315P^*V)"%*)VH=X@;*\30[ B82MP/WU_PJM!^0?G_VX3U%5< MEC'I'44/*D3M;8T>BPSS]V>$JK-84G%%)N<$9)$UBUQ@KM6B5J!>QM_31;,X M:Q9-UG[0]MCT#*-Z0+,E*F?W]W@5DS_@V3T7P!_9'(9*]:/H:L6PF4T5& 07 MB[;,U2S_VI3SQ[A"E?G7&?L8FRKBG2@J2Y2\:-B9-8:@CG+(J1LY&G"S_!JE M^1)5-4K.TV6:X"T'N5;9N&;1Z_8#3[2S.D0)6K3<@,TO>7G_@V"=J!*V#U<# MT-KB 1N2_ $9])]"U#94)3B[D^YT/B^:O%YU2KOU%1Q)*X7=P#4 Z63!);%( M0B$[>Y0G1%;+^<-J]2Q?MLHE'0%5+%V5PI9&9!X_M.=)9.VLGCTR22M 68HC MK@FH7.*E232]BW3 S5M:5V16WJ2+-(O+JR(?JXJNK:6@*KP:SO&8B%IC0(>Q M2@>#)G:A3\=#ES>Q"_U@/'1Y$SOFT12P6YBG\S^:%.\G/C=Y0B86MALFH V; MV3R14N)U!@YWSJ]Q2C8J> F;+NZ:LFJI1076I(T5\%>H-NE]! [MR1%6=\765K<-F5>8#C2PV"YI!N@BG-AE:P;L-?B*RBQ MF$VC]KDHZKRH4:4_9A>)6K6_]&BJ.\$Q0*QH817X-=G*S^Z93;T)>'4KFPI\ M+%'\^U.1YC6Y5R>[:3D#"F7=@+U,\[49 5&WJ#A=$%P&*FB?8%,Q M.A!NRSCI%D9X*;I(*^+.)?\>FE9VYP%Z*E&%N_%C43]>QE6-V:]=WB6B(Q*S M5E85P/_-XHZ?9_=XMUBB>5.2TWW5.=2HQO:W#E?H&QD5'^/V*N935:<+S$*Z M?82TE>M-A5Z/48WM;C#8'OXYQK#J,BY*O,J*R^-8S3E6 ?,OY1 MEDU!5>,>3FZ+:W2?H7E]AN<"4AAE10NKP*^*^JS +\Y66,A\/F_0;<$/*[DF M(QYAEU_BQ5.F]0;AQ1Q _/C\&XKE.Q6EL .X(UQ9%"V<];/T?D I[ N>?]^ MI,-)I5P!/# ". @.M ?PR C@D3. T;X)0"+E8JX7_47R"^:]IK5CA4;9 T5# MQVJ8V0E1"PC M?9#U ("<*U=$;4 %QO;T0M' ?<9:G:.$ ^%E65'AQ9@Q[ M*&_'L0-OH6KT\"Q=> X$K,(RH1N5K%6PZZ/OLR*?XUU<*;DYT#DC28?6R9G#:2)09+)60.I-SYB*6L OQ05NBQR]"Q&QOS9&J3V?9=Q^3NJ MR5E%Z]O\.6OF=2,^C\Z5OO MI?*FJ3!C=E[0<83 I?NPS_J%.ZT;B!6W2R %\'5)W M ^7FJ>./]N H?&CYOUL#)89B"<#'N"3N ?4IYJ0^(U8;FR]=\YFTL9T;T61% MJ!&W#9DI%G.194W5KO6K_XG+-+Y+L[1^GMUWD=#JE)1C'F-;Q5G>GD;.RB^H M4FO!2=H&>IHD;8*'..M,?9O830E8TL(Z\&6<9JL/_?41!?T=U- M6I.N+'7C0]7,M@I?XZH^+]J;3/S54_QX]+G!,TS=]XI65BV]UJS;M>'TK28& M7"5K%>SJ.ZZNXMMMPI+L*@I1ZU"C#Q\$1_A#"1? !-=00PD7P*9:8%,WP 3W7T,)%\ .M< . MW0 37+P-)5P .]8".W8#[$0+[,0-L/=:8._= /N@!?;! ;#I_K[&\G<2+H!I M+'\GX0*8QO)W$BZ :2Q_)^$"F,;R=Q(N@&DL?R?A IC&\G<2+H!I+'\GX0*8 MQO)W$BZ :2Q_)^$ F,AM9RCA IC6\D=N+'^DM?R1&\L?:2U_Y,;R1UK+'[FQ M_)'6\D=N+'^DM?R1&\L?:2U_Y,;R1UK+'[FQ_)'6\D=N+/]4:_FG;BS_5&OY MIVXL_U1K^:=N+/]4:_FG;BS_5&OYIVXL_U1K^:>V+#\]^3=Q U3)6@6K=P>4 M2UH%>HWBJLAO$+E-04E72R0ER49)7K&R6%PL%BA)XQIESU]+-$?D1NLK*M-" MX)OT&L^TK'Q[G_^Y*%N05T7=YEE%R47>YW57Z6G4W(I*Y-+_MB!7(QVJ+P3M M$+I$S&JO\QC$5S]J::> S<%: DH*Z:&J_GN#(: R>U8. :6PW1MT(1+U<%"U M 0!^+'!+H+\4WXS'ATK6:@\+@:A'AZ*)>^@C8=OWQU%[*X)Q46S?3OQ #-Q& M#)LY48'Q=SMKD^L(EE0F;:R ;U]Y59RCI)FWR;B+MK@#34;1%JP=PC=KY:3W M?R$933J;_)GD ,([&W%V-<-V3I1H/:$RM(SS^K; O4DSE>G5D+=THL@L[XH$ MSNYI_>.;Q^*;NCB[NJ$3-9CD3!1..U8$H4 CFKH96N,R MW=H65H S$:DW:(GPJY]_2U&62$VPMH%;V IC;-+&*7A)R)5&W"ED<[3N@.)- MQ*<_FG099WBA:8Y:U,R*"K>/:5D_:R>B1,P%1,6DDTLZ "J98$(A!_!TR&R# M,IDX2F$[:9":IZ>N^/AMP12$5R1NTC78A/VZ=>Z38A&G^=X"+>[Z Q'#BO?R M*N"KNO>#Y2\<[.6P2O@*], ;!A1H00GQ%>Z!LPPHW,,"XRO8 U<:F+"'5<=7 M^ ?[)ICX;P2%R%<:#)PR06G %RI?@1XX;$($+3IZ7>$?^'6"PB^K:KX"/_#] M! V>6>-17AJ<((!28&2Q$Z5@TW5HXJ>4Y5@T[A1 M 72J"FQ&__%ZYU1/V+ROK(%.58"]"N"JI%/0L*E?43N=*@";_C?JJ],]G1>$ M+ZZY3E7P@M[9>E<4.&PJ%U9KI]!A$[6\B#O%#YN5E87=J0K0V5A6[YWBA\VR MYF7?J3ZP*7=,[7>J$6P^-J@$3Q6!S'I229LMC:H$D\5@3QSN/]NBC)XQ#V+P]T. 28ULTBXOV*)E0QS7J%EBG"Z)8KQ=L%E_7D^M& MUVT9)]T:$:_;%VE5D=/P7A?8I-X7R'XBM8CR^F-1/U[&58TYO5WT)LQIU2%L M%J>Z,#%5LWN\-2_1O"G)C9+@[/ 0-K%O;*"NT#L9N2JG3D M!?%7&Y_IYQCKA:6Q"G@97#ZOE42(.+QG34+B+:F"?BP,KK'!7A6<[\*HS_", M0HS)/O)C87!5U&<%1IZME"%&XKQ!MP4_.'O%O%@EK&J;\MN6(R\6"!LUX +(6Z&KYRMVQCKQ8!VQ\"OZRY\@+^F?KS$<]=M@\+\!^T&.'S>L"[$>]ZZ<7 M!,Y@)YY[%+L7W"PH(ZXP0\=>\+1 )[%).O:)G0O!F"V?V)K7@S5A/E&VXOSTV"?Z'J:5H%K )O*;MO;EP_,@$@(VAU/8"M8[ M@]"PR590CKT-L?B<-?.ZV3AV/8%-MP)-:$5Y5*%R MBXL3V+PK5J>+]VE="LN;IL(+C"ZJI _P@TW+K6TEQ7JKID3).<+: MI'51/N,?ZK1N-ICM/6Q^WE2E1PV?C[EA=?-4Y%51TLE2D% >DAP KSMZK3R@ M[")/B"-2E=ZG*+FIXS;A.L4/G[3Y4XSW'C#UT''^/7R.[K'"IF::$?H44[(L MWS+5!#8U,_!5L>FP"5FH FXPE M.OR*[F[2FGR><84[@Z<4XX QS L\7Q@%GF!-XEC ..,. M(8P#SC G\#QA''"&.8%G!]L$SGA 1L"S@W' &>8$GAN, \XP)_"D8!QPACF! MIP+C@#/,"3P'& ><84[@R;XXX QS L_IQ0%GF!-X#B\..,. MHVL3^)1A3NC9N3:!,\P)/!,7!YQA3N")N#C@#',"S[O% 6>8$WC.+0XXPYS M,VK1>U"%?WH$/*D654'JI!X!SZE%%>CJ$M\@LVX+<_79BJ]JT:_2P^9E^$UZ+S;MLX%FX M9$HP"L#F[+::?%7_O<%*H#)[%H\DV/2]]F82ZL*-)]B$KE:%40,VO7\IOND' ME1_T+E2%&U-^\+Q0DUX+X+FT=([O$?!463Q^X@$H=_^+@"?,XK5A'*S/VJR' MS-H0>(JL%O15<8Z29DX@X<4AB:JC*<%NX^^(_2ZPZ9S_+K^0A',=EWPFN1KQ M9G'#= %/G\6KT[K,9F@9DU*U^,O0A+2,0K#YG5=HEJ-V)S*[/[W'5AFK=/-8 M?&.M,FRBY_5A;]P9"3^YI'P#-O\:JL#UNZ';\XC(GNC4 YO*1Z",@">"(OF2J;H,BT8 M!6!SMD !O-OZ]$>3+N,,K]MY;6 3^.UC6M;/\MD-F[PY]*(Y#9N[-Q7@9S)L MUM[$SL"&3=%KV*I9"SR)%TD.E;55WFZ+_@)=L!'M,WC]]SM.C2_X?[N__-O> MWN1GK$HY;^[0Y'PM,?D/+(,F%S5:5).ZZ&7^BS\#_)X]YUSYNL'CCY<_W(?V&) MU6,GY+D3\N )>?+&$,!=NZ$=_O^X+M:?[[%$]YUR%?WT%9K_]% LWY7E.^(U MB?^[1_Z[MQ_M'40_?:^2?R?'"OT')*<*]'$MMN[<@1=X]TJP$I1VN/ _>&#X MIW_0#F2.J>A/I]_3BD-JU.(M)]4C'9][^%>45RV3<5-+TMED7AGAIQ/+<%J= MM_-\+4-W,(^794-& V?;^B4V-5C7&JK9"0/ M60OM>.)7[UXJPX^ND7P2EF$[N S3G71]00]Q]BG'_?HL.90;2 !>? GQKJ;) M85AV03@5_N$!]W;0NG=*SWPW__P"4-B6D]=^B*+IM'TI_N$?-_@;[D^CP^-( MN-H0B[@];I9\0CH!-_O)TC)"?F4K^[($KKAWP_$&('L"E%<-8;4]TX8.2/:7 M4DG +*O$O9H\1X%M T;,_W%T<'PHY=^AB-M- MI.:S4C>D09=!V=$;X!=W^\@[.#$QGV99(.$=(&&YGUZ/3"3SEG,CSK+Q_H2# M[J.5T;$%15*_O:7NFQ0_V.1UWC\?NI<$?_VEPH]D'\8SIV+_!&5 M:4U.JB;W13GIE[-_G4S*\J]#U&%.@1N\;PYNG6]"CFTM8@7:[.Z?>*:D2R1% M-I2P"^QKF9*1QK@#2Q$.1>U"O4'8AB2&8$7"5N"N,JTYI<7C@O&$":UHX5&C6P% T=JS%NB*E:.E!D!+4J6C@ /LP' MI(8]E+=S=524]7V1I<4MWCL72R3G*[FD&Z"*GE7)VMD^U-B6H8=G:6<.!*S" M,K'4*EEKIS[*\QZ[?4?>:-)O,CEK($TLIDS.&DB]=11+60%(<_6>YHDTX2T/ MUZ2-;2=ND^&J$;?:W]K.M=N3]*TFW:B2M0I6M]B3R5D%:6*B5+)6P>I-E5S2 M]HQ7VR@PADF:TU6'V-GTXH&,P&P;*I,%? 1JLU9.^MK$6IBT<0)>;SWT+>SL M#719A 8;!%T#P"F3!-?%SOV&37 /+Y,M!1J]$NSA#3,?4P0;O^C2F0_W *D! M?RG->\U"!JU(_@X[(:'L!GL%'G8R0LV5]DH'V$D)Y1?=*_BPDQ..N.VF[ 4[ M4Z'B#IPJ )M_S:[#UV6;XN">:1"LH*)Q[IP5U]KC.U M>Z2"^I)]G=C6(XUT]^SK!+&>ZB09=+#9W?S:G>[QO"!WQ2T\U<,+CI=>RU,M M8+.[_+:>XH=-\*HK?*H!;'X?7/%3V+#I7'7O3S6 S>8;O@$4,FRZECD-4/2P MB5GF34#1P^9AL:,!/9>$S;DF7@=4$]BLJ_%#H$K )MV!GP*%#9MK5$!0_;/[5&D_8!#RB7.X!;#)6^![0>S;8C&SF M1T%U\8:3==5Z#V$3LW&QWD/83&U:ZNG0-/D@E%QB-_-'E#09XFX=VS0*TW4G M,+D5II.]"6U$_MFWFY"&6YZ(Q'DI'%#YP;RNU01UY#L?8F\//51;"HRP+8P0 MZB4!K9?DY3@.%8]"Q:.=&>Q C7:H613,.*@A9 UDJ#ID!7:H.@0H1W&H.K1E M58?\) RP)YJA;E!8^H3*/Z:@0N4?%S=X.U/Y!ZI% ,IMH7:/9[5[/!_?H?I. MJ+X#9V>[S=5W/#<4H(B0ZT-Y'1*IX%N.;I,$\POY"I@XVI K]L//-%.[N-U MD#\VO^3E_0]#G93"]N%J %K+LK_.N:/K/X6H;:A*<'8GW>E\7C1YO>J4TZI" MM>",0"GL!JX!2"<++HE%$@JYBRTQVZPHUH?.C]>-E1BY2H200O.5%.L&&82< MFJ,4&KMBA)!R=[=/6U"'C=9/V]"'SCYLW_DO[;\TLAY("HH?XJM MB'7V?JHX'Y,A.#H$1V_#1 +*.2&:&G@T]78/_!!^'<*OP^SPC!9"O'8@"NM3 M(01XAP#O$. = KQ]4F;+ KRWG&' GON&B/"PN (_QD((N>L#XA!"'MAS!]DS MQ)Q[&G.^*Q,B!*F'('4XN_-="%+?%/'2 MKZW"+16T)"6C#9I;"2O5XG8'#G?-KG)+ F/(:I8N[ MIJS:R:4":]+&"O@K5)MTKD3,G=>]*5W+;9WS@Z\16I@;/@B1G:9:2X7!SK[!ZP&3UA%W:?SL/Q@!U^+T5 4)>3 ?GXRX$ 84@(%\F"U#N"($^ MP -]_!_<(9@G!//L]@P :MY#P$XP^/#'50C*"4$Y(2@'8AQ+",H)BZ9M7#2% MP!OP@3=>#.\07!.":T)P36!!/UDP!-!X&D"S38,^!,F$(!DXN^5=")+9)NL! MBC(W.U8>.2"3LQT"H\8+.?Y%C#Q,'=MCU K(WU!<[DG\:. 'X!_ B#-X*?PC&!$&+X1/1OS( MPUK8AS1715\1IN7((Q%Q'BF)\[\F5\6$*2RSW:M.YVZXH(YNMM#]&_"4<#[V M@@MX< 'W:<( Y9#@!NZ5&[BO SRX@@=7\# +@)KYX X>#+\?8RNXA >7\. 2 M#M&+.KB$A\73MBZ>@ENX9V[A@(=X< T/KN'!-3RPH;]L&-S#M\(]W/^!'US$ M@XLXG-WS[KF(^V]!0%&GO'--W7'%;=RZCZOT\,>57*1%F&Z0QK5U\!^?B1?F M69$UB_PJ7@C,R)BVCI4Q\Z47M8 7.MC+VH! ;C6]U[4 @!PO4^^J 44%VL# M2AHS=9V?X+RN@EQ@ B#/_A]7ZP"BQ_^/JW4T/)_? K68 ?3(Q5H1XU=&:O; MHHZS:U0W95Y]Q+8#"]?M6NU8M( [%E;":I\Q63UD\K_T,?^WY1LFYU[FH$X? MMR+"P9\YX7SPA1"'$.+@U8P!RB(AQ@%XC,.6C/ 0Y!""',(T@&KH0Y1#,/V> M#*X0YA#"'$*8 \3(@!#F$)9/6[M\"G$.X.,<_!GC(= A!#J$0(? AQ[S88AT M\#328>M&?@AU"*$.<';0NQ#JL'4F!!1YTDYHWREW Y>(V8YH4**%',0@!![F MCH-!^E8GSFTW=?TSW=__(#A:'D@X ";R%Q]*N FB'D82K@ -M4"&YP]VP$F M"+882K@ =J@%-O".M@-,$.4QE' ![%@+[-@-L!,ML!,WP-YK@;UWZ8%OLE 9 M$H+SD[D7(6?" YS&J+P >00C#.4%R*@/Q@>&KE"?)#=B_A%?(^+FE@ MKH$C/UXC]\R>$V)<(1\L]8$C?]\ST;ZO-RY+5,8/@OTO5Q)NO;YA=\ GW ZX M>Y9X)[Q#I16=1^& NI;9CA PGZ>)\_$8HL)"5)CODP@HUX1 ,>B!8EL[Z$/L M6(@="S,#%AT$?VCXX6,^#_O@(AU7<)W##E+9W&H1T*"$=BNUT*"]? MDUU6\_1T_BV]P//XNW19)I2"G_XC9&3Q1QE=1A:P2DGGQ\A-K].0O^VE8YBK MTHT.[SI''F:E%+8=$6B '')7:/;,">'.].P"JX()MMG 4A?C7$ MKX;XU<"I6\VI(9S5LR) .SPW0IF@4"8(SDY^F\L$[;"1 47 ??_+/:U%,K8# M!N0X(<<)#%&'&05LZ+XYN*[7VD%YB[_J1_R"WU5 Q?+N?'>U,T\'W=%:4-$C2RB!IY[YRY/D!!<$X)K0K+7M][7A_B>'8OO :O4VR9[ M#:O;L+H-CM40':O#- D^UL''&M1J:JM]K(.]@4;+P=UZ:]RM=WARN?:\-KLL MNEY?TU_%"]X"R,4L+\_%><+YOULV3C^C.$GS!]5778M8@3:[^R?NC72)I,B& M$G:!?2W315P^*US\%:)VH=X@;(830[ B82MP/WU_PFLW^0?G_VX3U%5BPS3\F>$JK.XS:$NV850/:+9$Y>S^'B].\@<\N^<"^".;PU"I?A3=.!@VLZD"@^!B MT5:LF>5?FW+^&%>H,O\Z8Q]C4T6\;T1EB9(7#3NSQA#440XY=2-' VZ67Z,T M7Z*J1LEYNDP3O),@=Q,;=Q5ZW7[@B796ARA!BY8;L/DE+^]_$*P35<+VX6H M6EL\8$.2/R"#_E.(VH:J!&=WTIW.YT63UZM..:TJ5 L.D)7";N :@'2RX))8 M)*&0G3W*$R*KY?QAM7J6+UOEDHZ *I:N2F%+(S*/']JC([)V5L\>F:05H"S% MD?M]5"[QTB2:WD4ZX.8MK2LR*V_219K%Y561CU5%U]92' ]>#>=X3$2M,:## M6*6#01.[T*?CH2"GQ.@.'.^?7."4;%;R$31=W35FUU*(":]+&"O@K5)MTKD0,2/^2ZX/9 M_2TJ%VD>BU=2+WJ(G5N2HJSOBRPM;ILR+S U*C2'[.+1*W:7WHTU9W@&"!6M+ *_)ILY6?WS*;>!+RZE4T% M/I8H_OVI2/.:7*&3W;2< 86R;L!>ICDY +AHC_G:O&VH6U2<+@@N Q6T3["I M&!T(MV6<= LCO!1=I!5QOI)_#TTKN_, /96HPMWXL:@?+^.JQNS7+N\2T1&) M62NK"N#_9G''S[-[O%LLT;PIR>F^ZAQJ5&/[6XQ7SJ:K3!68A MW3Y"VLKUID*OQZC&=C<8; __'&-8=1D7)5YEQ>7S&B-"I%YWUC"^5()]R/A' M638%58U[.+DMKM%]AN;U&9X+2&&4%2VL K\JZK,"OSA;82'S^;Q!MP4_K.2: MC'B$77Z)%T^9UAN$%W, \>/S;RB6[U24P@[@CG!E4;1PUL_2^P&EL .XY/W[ MD0XGE7(%\, (X/]G[UM[&\>QM/^*=_;++K#IBIU;56/G0RJIH/,BB3-Q>@J- MQ6*@6$RB;5E*Z^(JH]'__24ITZ8IWI1*R".;'V8JG1Q*SZ'(\_!R+JT(.W< MCZP 'GD#.-RW 4BD?,SU?'V1_(IY;VCM6:%.]D#3T+,:=G9"U@("<*/]D+6 M -QH5V0M WVQM9"P_ .YSE:5IX 'Z6YB5>G%G#;LN[<>S 6Z@*/2V4"\^6 M@%-8-G2CDW4*=G7T?99G4[R+*Q0W)R9Y9U$;VG@-MQ^HNL\0PLY,N[/SB#1]UU'Q>^H(F<5U+?Y(JVG52T_NJ]5$SJ$C-FX\5MJXVZO3NS MEE>7&8G0C,\1!I/@QR[P+ZJDJA5>T#:-/, W(?4W4"8O>5;F!1N].?%]G]0O M+YA@K0:*MKW#GLYBXE!1)H\)BB=55-6*<2Z7=$NT4C3D7KGFLVGC.F6@S8K0(.X:,E=-Y#)-ZY*N]BVM$_ 7]'#)*E(5Q:F\:%KYEJ%VZBLSG-Z MDXF_>H(?CRYJ/,/T?:]IY=32&\VZ6QO.WFICP'6R3L$NO^/R*IYN$Z[R*)8, M87,+-RXC659':<,#RC695,@]/,T:327G'.0EGM"T@^39532BSJ$./WV2'.&W M)7P DUQ#M25\ !L9@8W\ )/39!Y#8%Q4WE MCX0D&R5YQ8I\=CF;H3B)*I0N;@LT1>1&ZQ8522[Q37J+9SI6GM[G7^0%!7F3 M5S3/*HHOLW5>=YV>5LV=J$0N_>]SUW$(+_ZT4M[!6P/ MUA'07Y*G9U16_Z@Q!%2D"^T0T J[O4&7(M$/!UT; ."[ G<$^BK_9CT^=+). M>U@*1#\Z-$W\0^\(V[T_CMY;$8R+(GT[\0.QS M;.=%">H)E:)YE%7W.>Y-EJG,K(:ZI1=%QEE3TF_\R(H(3Y[S;_J:Y?J&7M3@ MDC,Q.'2L2$*!.C3U,[2Z.8(KVW@!O]K_-UM1N9]>K_KYJU^.[##U_=V MZ"(",1^^F%NX.7.;8_YX0G9.I1I9;V!U+J9Z<5^0%9L>M:0OH*KT(AI1KU!E M!\9J49]0I5?Z:E%?4"<))8ZET[,59+&)+^@FKVYC"R? N8C4"9HC_.K%;PE* M8Z4)-C;P"UMCC&W:> 6O"+DRB'N%;(_6'U"\B?CR1YW,HQ0O-.U1RYHY4>'^ M.2FJA7$B*L1\0-1,.K6D!Z"*"285\@#/A,PU*)N)HQ5VDP:I?GEIZHS?YUR= M=TWB)E.#3=AO6[X^SF=1DNW-T.QA?2!B6705\6B6PR9$T+*CUR7^EE\G*/RJJN9+\"W?3]#@N34>XZ76"0(H!3H6.V=* MP69;R[+G3!G8+/S*@N=,.=A4W:GH.5,)-HU;%4!GJL!F]!^O=\[TA,W[VAKH M3 78JP"A2CH##9OZ-;73F0*PZ7^COCK;T_6"\.4UUYD*O:!WOMX5 PZ;RJ75 MVAETV$2M+N+.\,-F96UA=Z8"=#96U7MG^&&SK'W9=Z8/;,KM4ON=:02;CRTJ MP3-%8/.R15UX=I()FZTMJL0S16!SMA$^;.:VK"//E('-Y3KDL%GX8=-X2W\[>N ]C.=!SWZ6!/&(6S>;FEP MC;'-ZMDE/4HFU'&'F@76Z8PHMM8+-HNOZLDUH^N^B.)FC8C7[;.D+,EI^%H7 MV*2^+I#]0FH19=7GO'J^CLH*-'O#4OT+0NR(V2 MY.SP$#:Q;VR@;M W,LK:=>:9+K I7K.;4JITU OB+S<^TR\1U@M+8Q7P,KA8 MK)1$B#B\IW5,XBV9@OU8&-QA@[TL.-^$49_A&84XDWW4CX7!35Z=Y1AYNE2& M&(GS&MWGXN!<*]:+5<*RMJFX;3GJQ0)AHP9\2X6>K 6:6KYJ=ZRC7JP#-CZ% M>-ESU OZY^O,#]?88?.\!/O!&CML7I=@/UJ[?O:"P#GLQ'./8>\%-TO*B&O, MT'$O>%JBD]PD'?>)G5LEZM?FZ;A/1-W28VVJCGO%UJ(>G-GJ$UN+>O FK$^4 MK3D_/>X3?;?32C M8!/YA-:^?%JT(B%@XL3V+PK5Z>) M]Z$NA<6D+O$"HXDJ60?XP:9E:EM)L=ZR+E!\CK V2947"_R+*JGJ#6;[")N? M-U59HX;/Q\*PFKSD69D7;++D))2') ? ZXZU5CV@[#R+B2-2F3PF*)Y4$4VX MSO##)VWQ%.-C#YBZ[3C_$3Y'K['"IF:6$?H44[(JWS+3!#8U<_!UL>FP"5F> MPO,R3>N2[M3*?T9%$CTD:5(MQH_+>A#KV'78O,PI-\[HD?>XN$(EAQ\V&7/X M3^.8HHI2+D'V6@_8],SK,8^2=#F>ELF8F ZPR5BAPU?T,$DJ\GF*C8$%FYDY M96ZCLB(YX^FB+TZF>,Y?U+@I]V%@4_:J_(3 'NV:V"!A:ZBC73P;I ;+T2,I M.L#T@,WCTH3###IL]E;E'EZE9H'-SYK\J"L-8#.T4+M]GP,.FY(%X$,..&P> M%H"/.."P.5< ?L !ATVP O!##CALBA6 'W' 83.K /R8 ]X?*L7 3SC@_2%2 M#/PCEPBL/Q2*@7_B@/>'.4?[^QQS D]7)@#GF!-X*C(!.,> M7DP SC$G\'QA G"..8%G"1. <\P)/%.8 )QC3N 9P@3@'',"SQ,F .>8$WAV ML$W@G ?D$'AV, $XQYS < $X!SS D\ MV9< G&-.X#F]!. <,XN 3C'G,!S=&T"'W',"3T[UR9PCCF! M9^(2@'/,"3P1EP"<8T[@>;<$X!QS L^Y)0#GF!-X1BUV#ZKQ3Q\"3ZK%5% Z MJ0^!Y]1B"C1UB2>(W$2CN%L9XE7V?=CLNU:5^F*Q:LLW>46K":#X,EL78^*T M@DW-Q#GK/B=WOXW8LC;M"CUL?F;?1-1B\RX;>!8NE1*< K YFU:3+ZM_U%@) M5*0+^4B"3=\K;R:I+L)X@DWH>E4X-6#3^U7^S3RH^D'O4E6$,=4/GI=JLM8" M>"XMD^/[$'BJ+!$_\0!4N_\-@2?,$K7A'*S/:-9#;FT(/$46!7V3GZ.XGA)( M>'%(HNI82K#[Z#OBOPML.A>_RZ\DX5S#)1+&Z8+N#ILT1UJ,MLBN81 M*56+OPQ+2,LI!)O?187&&:([D?'CZ2.VREBER7/^C;?*L(E>U(?+K&8O417U M"13P=%ZG<\Q(3T@73# $GL)+IH(DJ !X B^)%L)N#7CF+HD"0@JU(?"<72H- MN#-]X-FZ%!KPSC; \W1)-)@DE!Z7<3:<)K"I7Z*)(E@(>/8N+D/%!,T1!K_X M+4%IW.()X#F\E'I(R )X(B^5*INAR4/@N;U46G *P.9LB0)XM_7ECSJ91RE> MMXO:P";P^^>DJ!;JV0V;O 7TLCD-F[LW%1!G,FS6WL3.P89-T2O8NED+/(D7 M20Z5TBIO]_GZ EVR$5UG\/KO#X(:5_@_F[_\V][>X!>L2C&M']#@?"4Q^ \L M@P:7%9J5@RI?R_SGWE[34O+(C:[!@%!&ZVHTO]WHG&_?OOV4E*0*<_G3-)]] MH!USGD]K6H)HU063>C:+BL6O64IV1BA.:.'F\GIR=GEZ]O42??_UI\E/7^XO M5EV45.0E^_O[!Y^&@[T!>R+^D3ST0_/4P?*Q@S]7#_X+2RP?/B!/'Y#'#]#W M 7G!@+QA8T#@CM[0%?]W5.6KC_EP?#G[Z7\;^30X;UYR1G#.QQ%&-S"B$*?'@C6#%*&ESX!Q$8_M6_6$=R MAU;L5Z??DU) :M7B/:?8,QNM>_BW*"LIKPD33='99)99X6?3S'*2G=-9/[BF ML[XE:K8[-F+-^ TDZA#3XNSBH'O.(D"4^T\4VEA MG>4%>B+5X"/I1)=* .8A*=[EE!D%W@$V)WY\\#D )J45A8P_9M'TIF1>!#+I M]\0!2B;\UBDB>:?FL5LG!)A85ZN4D.@CT FV6O.EP= 9213AJ22= F:<4 M*L?9.>&1Y('FOR^O-X[EUGB-#?S"/EV6(N@,7VSHE?3U8UQIN50+ ,A:&,>3 MN,[OI3+BZ.K(+F&)!H5\P)Y,7Z&G*/V2X?Y=*([V6A* %V92O,M)X@&+BAVHDI)P RL MQ;V<2D>!B<'.E;<:E.\$=/U2U<%(6^*MN/F,4,/Q\.#X0,G-;1&_FT_#9V4N M4:TN@W(28(%?WNT=;_GDI'V:IH&@=XZ@U1Z$:V0RF?><*5&:=O=T;'4?J]F. MY?"+XNKG:9J7*/[[WZJB1NM?YEF%1_.7QDGR[W\KT1/YP7(F76;/J$@J,R+P7KA^_-@4!0_MU&'&09\*+\[N%5>##6VE8@3:..'_\/S)IDC);*VA%M@ MMT5"1ASGMJQ$V!9U"W6"L$6)+<'*A)W 7>;.4'YP\>\N08H9AJ0B647#2)?G$CD?("DM:OK4(.YF&N&%*?Z@V1-+[J+L6;6DFZM5&K=) M2G*W@)CZN4-3E]-.EFY!,>UDHBZAEGK$;6AE4L%OGR/ M9B^IT?R*8AX@?EZ0"'%+H(*P![@=N$/3PEL_*ZV=5M@#W*])]7R'8C2C$$P6 MKTM;'X,F7\-YQ0 RM/:L4*>!I6GH68UN0TS7TH,B':A5T\(#\';>(CWLMKR; M2Z:\J![S-,GO\=XYGR,U7ZDE_0#5]*Q.ULWVH<*V##TME)W9$G *R\92ZV2= MG?IHSWO<]AUYHTV_J>2<@;2QF"HY9R#-UE$NY00@RRE\FL7*Q+PB7)LVKAW# M;8:K0=QI?QL[UVU/LK?:=*-.UBE8TV)/)><4I(V)TLDZ!6LV56I)US->;Z/ M&"9E[ED38F_32P32 ;-KJ%RV\@ZH[5IYZ6L;:V'3Q@MXL_4PMW"S-S!E.VIM M$$P- *=VDEP7>_-A)$PU7VDL=8"=/5%]T+^'#3J+8X;:;L1?LC(J:.W"F M &S^M;L.7Y6;[H,NXD7YJKYGC\ +E^>KTF4]4D%;B:5'>@A7GZN,\CU207_) MODK VR.-3/?LJT2V/=5),>A@L[O]M3O;X_6"W#6W\$R/7G"\\EJ>:0&;W=6W M]0P_;(+77>$S#6#S>^N*G\&&3>>Z>W^F 6PVW_ -8)!AT[7*:8"AATW,*F\" MAAXV#\L=#=BY)&S.M?$Z8)K 9EV#'P)3 C;IMOP4&&S87*MS7F :P.9:E5<# M0P^;E9E9^>C^]0F2=4YH&S ML]WFRCP]-Q2@B%#H0W4=$J7@>XYS65T= V+(Q744T,-,>=0^7@7Y8_-+ M7K[^15LGK;![N : SK+LKW+NF/I/(^H:JA:(20TM-.5^VB$D)6SU>H 2.? MIQUPS:(41!+/SEH R=W9::;+E[4@\G:^4@\@B3M?L\K<-*'#OH8NZ[+U%E%6 MTG4-/=H^D)UW'VR>=S=/&Y#'#5;/&[ '#OY6<$$T-/)IZNP=^"+\.X==A=O2,%D*\=B *YU,A!'B' M .\0X!T"O/NDS)8%>&\YPX ]]PT1X6%Q!7Z,A1!RWP?$(80\L.<.LF>(.>]I MS/FN3(@0I!Z"U.'LSG/U!@YWSM#KPY:V!L^")&=MEHIS2*$:$Y;)2S- M)(3X35N5-/B]!FK:XK9>8?F P?()N[3_]AZ, >KP>RL"A'HQ';R/NQ $%(* ^C)9@')'"/0!'NC3 M_\$=@GE",,]NSP"@YCT$[ 2##W]-.+X1V":T)P30BN"2S83Q8, 30]#:#9ID$?@F1"D R.%'/\B1QZFCNLQZ@3D;R@J]HG]:. 'X!_ B#-X+?PC&!$&KX1/1GS'PUK8 MAS0W^;HB#.7((QEQ'FF)\[\&-_F *RRSW:M.[VZXH(YNMM#]&_"4\#[V@@MX M< 'OTX0!RB'!#;Q7;N!]'>#!%3RX@H=9 -3,!W?P8/C[,;:"2WAP"0\NX1"] MJ(-+>%@\;>OB*;B%]\PM'/ 0#Z[AP34\N(8'-NPO&P;W\*UP#^__P \NXL%% M',[N>?= MUK/L)II)S$B7MIZ5L?.EE[6 -SH8R]K 0&XT?=>U@( <+-/OJP%%!=K"TKJ M,G6]G^"\K8)"8 (@S_X?5^L HL?_CZMUU#Z?WP*UN 'VR,5:$>-31FK^[R* MTCM4U456?L:V PM7=*UV+%O '4LK8=%G#)8/&?P/>\S_;OF&R;N7.:C3QZV( M<.C/G/ ^^$*(0PAQZ-6, (S#EHSP$.00@AS"-(!JZ$.40S#]/1E< M((D0$AS"$LG[9V^13B',#'.?1GC(= AQ#H$ (= A_VF ]#I$-/ M(QVV;N2'4(<0Z@!G![T+H0Y;9T) D2?K!/I.M1NX0LQU1(,6+>0@!BGP,'<\ M#-+W.G&FW=3TSVA__Y/D:+DEX0&8S%^\+>$#F"3FH2WA ]C("*QU]NP&F"38 MHBWA ]BA$5C+.]H-,$F41UO"![!C([!C/\!.C,!._ #[: 3VT:<'OLU"I4T( MWD_F7H6<"P_P&J/R"N1#&&$HKT ^@A%I\@KD!^U3JYX@/^3W$KU"OHY+:IEK MX,B/5\A[9L\),2Z1MY;ZP)%_7#/1?E]O7.:HB)XD^U^A)-QJ?(=**WJ/P@%U+;,=(6!]GB;>QV.("@M187V?1$"Y)@2*00\4V]I!'V+' M0NQ8F!FPZ"#X0\,/'^OSL \NTL%%.KA(!];<+M8,7M-ZKVFXL44[,!F<.E*_ ME[\R6"_NOCDB]\&36N<)_F..U(%V=X=V=SGW"=PPI>V=!B$=2DB'XCH=RNO7 M9-?E-#F=?DO0]U_+Z!)/YN_*M9E:%'XBD)";I3_*F'*S@%5*/TDZ[H&]1@!N M+SO#7*1N='C3.>JH*ZVPZP!!"^20PP0U\,,T@S>>W<%5E072B'J%*HNT4HOZ MA"J-B%2+^H)ZB4T&+!;F^3-:/9^XWY>4OS=ZG:,J2M)?,VH=4)S00^OR>G)V>7KV M]1+O!'Z:_/3E_D+&XA\'Y/"M>2#^D3SS0_/00?/4P9^KY_Z%!9;/'I"'#\C3 M!^C[@#Q_0%ZPW2MH[^[GH Y_>QT.L?USR/M@#;$2.QTKL?TS#"A+A4 *H($4 M.SXC0I1%B+((TV9;B&2GO5K A63L^AP)+B_!Y254 I>)GU29DLJ .TZ]8 ] MC=Z="%EP43W;/R="^&P(GPWALX%O=XAO0VQMSRH2A9D2*AB9>#E4,(*(O[<5 MC(+)@4C.ZZ^A]@&7R;@.95#CA!S!T$8=YA?H@?SNX)K>HT/T'G_CS_@%O^N MRN7]^1@;YZ$)>E^WEDE)[$==(%'!\ZB*EN:C[#+%/I$IMGJJ?)*19P_^9$^' M,='@GNH&'^/^^!COTG3R/FZ#N_%NNQOOTF0#REW!\QBJYW&8',$).3@AAQG4 M:WH)#B]P_8]W:7H$WY?@^Q)\7P(+[R8+AZ@@5500/#?4,%U"@- [ T!0B$G M;HA6"M%*(2=N6 A[9W:@"^'@#P[/'SQ,FN :'ES#@VNX']?P8'U@4W;P$M\: M+_$PU8 XC-O=1]VMO 1NHIEH#]1BCA?R\C3LXM\=FZI?4!0GV9/NJZY$G$ ; M/_P?[HUDCI3(VA)N@=T6R2PJ%IK(!(VH6Z@3A(UR; E6)NP$[I?O+WA=I_[@ MXM]=@KJ)BB(BO:/I08VHNTW.1]^363T[JV=U2C\H/;@\PZB>T'B.BO'C(UZJ9$]X=D\E\#LVAZ%2]2R[ MN+!LYE(%#L'EC!8$&F>W=3%]CDI4VG^=KH]QJ2+>4Z*B0/&KAIU=8PCJ:(>< MOI&G 3?.[E"2S5%9H?@\F20BXV-BPZS;C_P1#>K0Q2C&>4&;'[)R]>_ MD*P3=<+NX1H .EL\8$.2/2&+_M.(NH:J!>=VTIU.IWF=5QIN7I6+UO5DIZ :I:N6F%'(S*+GN@1$ED[ MZV>/2M()4)[BB', *N9X:3(=57%U-91&!%> M#6=X3 RI,6##6*>#11.WT$?=H:N;N(5^T!VZNHD;\V@+V"_,T^D?=8+W$Q=U M%I.)A>VC+9BY/I+1XO8'#G?,U2LA&!2]AD]E#79246G1@;=HX 7^#*IO. M58@!Z5]R?3!^O$?%+,DB^4KJ50]QIMP.M;N53@3SZ%F47$Z M([@L5# ^P:5B;"#<%U'<+(SP4G26E,0Q2_T]#*W\6RS0M"[(Z;[N'*I38_=;AQOTC8R*SQ&] MBOE25LD,LY!I'Z%LY7M38=:C4V.W&PR^AW^),*RJB/("K[*B8K'"B! IAY[6 MG&>59!_2_5&.34%9X1Z.[_,[])BB:76&YP+2&&5-"Z? ;_+J+,J=BE;8 ]P.KBR:%M[Z67D_ MH!7V )>\?W]HPLFD? $\L +8"L]S!_#("N"1-X##?1N 1,K'7,_7%\FOF/>& MUIX5ZF0/- T]JV%G)V0M( WV@]9"PC C79%U@( <+.]D;7P +S#69ZFA0?@ M9VE>XL69->RVO!O'#KR%JM#30KGP; DXA65#-SI9IV!71]]G>3;%N[A"<7-B MDG<6M:&-UW#[PY26ZSC.TD"/C_NP, M$GW?=53\CBIR5D%]FR_2>EK5\B,WFS:^P%]'BYN\NB5'S,4=I&DD.HZT; M>E2C\:>GWDO%I"XQ8S9>W+;:J-N[,VMY=9F12,WX'&$P"7[L O^B2JI:X05M MT\@#?!-2?P-E\I)G95ZPT9L3W_=)_?*""=9JH&C;.^SI+"8.%67RF*!X4D55 MK1CG8QK%<<9 M/8T<%U>HU&LA2+H&>AK'-(M#E#:FGB9;TP)6M' .?!XEZ?)#WSYCKM*#;DO[ M!/P5/4R2BG1E81H?NF:N5;B-RNH\IS>9^*LG^/'HHL8S3-_WFE9.+;W1K+NU MX>RM-@9<)^L4[/([+J_BZ3;A*H]BR1 VMW#C,I)E=90V/*!PD1'8R \PR?U76\(' ML$,CL$,_P"07;VT)'\".C<"._0 [,0([\0/LHQ'81S_ /AF!??( ;+2_;[#\ MC80/8 ;+WTCX &:P_(V$#V &R]](^ !FL/R-A ]@!LO?2/@ 9K#\C80/8 ;+ MWTCX &:P_(V$#V &R]](> F<]MI2_@ 9K3\0S^6?VBT_$,_EG]HM/Q#/Y9_ M:+3\0S^6?VBT_$,_EG]HM/Q#/Y9_:+3\0S^6?VBT_$,_EG]HM/Q#/Y9_9+3\ M(S^6?V2T_",_EG]DM/PC/Y9_9+3\(S^6?V2T_",_EG]DM/PC5Y:?G?S;N 'J M9)V"-;L#JB6= KU#49EG$T1N4U#<5 5)2+)1DE>LR&>7LQF*DZA"Z>*V0%-$ M;K1N49'D$M^DMWBF8^7I??Y%7E"0-WE%\ZRB^#);YW77Z6G5W(E*Y-+_/B=7 M(PVJ*X*V#5TAYK3710SRJQ^]M%? ]F = ?TE>7I&9?6/&D- 1;K0#@&ML-L; M="D2_7#0M0$ OBMP1Z"O\F_6XT,GZ[2'I4#THT/3Q#_TCK#=^^/HO17!N"C2 MMQ,_$ NW$7^QH^L O'D.?^F+WVN;^A%#2XY$X-#QXHD%*A#4S]#JYLCN+*-%_"K M_7^S%95[>;-]VZOWNV[>ZK<#.WQ];X^'W.57W7)&XR-=B$_;;%[.-\%B79W@S-'M8' M(I9E[=55P)?%[5O+7SC8BW:5\"7HEC<,*-"2$N)+W"UG&5"XVP7&E[!;KC0P M8;>KCB_QM_9-,/%/)(7(EQJTG#)!:2 6*E^";CEL0@0M.WI=XF_Y=8+"KZIJ MO@3?\OT$#9Y;XS%>:IT@@%*@8[%SIA1LMK4L>\Z4@N?K73'@L*E<6JV=08=-U.HB[@P_;%;6%G9G*D!G8U6] M=X8?-LO:EWUG^L"FW"ZUWYE&L/G8HA(\4P0V+UO4A6PM^^#CB S=TM#>[X&]-#V'RMJ7'/%(#-T^:2]TP/V(2]*O=+CF?&C]Q! MC4R77O#UNIX\WGG0HX\U81S"YNV6!M<8VZR>7=*C9$(==ZA98)W.B&)KO6"S M^*J>7#.Z[HLH;M:(>-T^2\J2G(:O=8%-ZNL"V2^D%E%6?](/YRXS/]$F&]L#16 2^#B\5*282(PWM:QR3>DBG8CX7!'3;8RX+S M31CU&9Y1B#/91_U8&-SDU5F.D:=+98B1.*_1?2X.SK5BO5@E+&N;BMN6HUXL M$#9JP+=4Z,E:H*GEJW;'.NK%.F#C4XB7/4>]H'^^SOQPC1TVSTNP'ZRQP^9U M"?:CM>MG+PB1,@]4ER%F>3?'NNMB\1#N!S=U$H#5T8/,S+?&L&3:P69D( M:&SF"6PNI@6C59;R!#;_$H&KO$0TB'X-&C;92LJQTQ"+B[2>5O7&L>L);+J5 M:,(JRJ,2%7-TGJ=IM+ZW.('-NW)UFG@?ZE)83.H2+S":J))U@!]L6J:VE13K M+>L"Q><(:Y-4>;' OZB2JMY@MH^P^7E3E35J^'PL#*O)2YZ5><$F2TY">4AR M +SN6&O5 \K.LY@X(I7)8X+B2171A.L,/WS2%D\Q/O: J=N.\Q_A<_0:*VQJ M9AFA3S$EJ_(M,TU@4S,'7Q>;#IN0Y2D\+].T+NE.K?QG5"310Y(FU6+\N*P' ML8Y=A\W+G'+CC!YYCXLK5'+X89,QA_\TCBFJ*.429*_U@$W/O![S*$F7XVF9 MC(GI )N,%3I\10^3I"*?I]@86+"9F5/F-BHKDC.>+OKB9(KG_$6-FW(?!C9E MK\I/".S1KHD-$K:&.MK%LT%JL!P]DJ(#3 _8/"Y-.,R@PV9O5>[A56H6V/RL MR8^ZT@ V0PNUV_ '''#8!"L /^2 PZ98 M ?@1!QPVLPK CSG@_:%2#/R$ ]X?(L7 /W*)P/I#H1CX)PYX?YASM+_/,2?P M=&4"<(XY@:)8P 3C'G, S MA0G .>8$GB%, ,XQ)_ \80)PCCF!9P?;!,YY0 Z!9P<3@'/,"3PWF "<8T[@ M2<$$X!QS D\%)@#GF!-X#C !.,>TTL SC$G\!Q> G"..8'G M[!* <\P)/$?7)O 1QYS0LW-M N>8$W@F+@$XQYS $W$)P#GF!)YW2P#.,2?P MG%L"<(XY@6?48O>@&O_T(?"D6DP%I9/Z$'A.+:9 4Y=X@LA--(J[E2%>9=^' MS;YK5:DO%JNV?)-7M)H BB^S=3$F3BO8U$R-E4!%NI"/)-CTO?)FDNHBC"?8A*Y7A5,# M-KU?Y=_,@ZH?]"Y511A3_>!YJ29K+8#GTC(YO@^!I\H2\1,/0+7[WQ!XPBQ1 M&\[!^HQF/>36AL!39%'0-_DYBNLI@807AR2JCJ4$NX^^(_Z[P*9S\;O\2A+. M-5QR07(UXLWBAND"GCY+5(>ZS*9H'I%2M?C+L(2TG$*P^5U4:)PANA,9/YX^ M8JN,59H\Y]]XJPR;Z$5]N-R:3"$Z_ I.(]B\WQIR:E_S(?#,6Z(JJ\.69L^/.1P# 4WDI.T/R78%G]A)549] 4_G=3K'C/2$=,$$0^ IO&0J2((* M@"?PDF@A[-: 9^Z2*""D4!L"S]FETH [TP>>K4NA >]L SQ/ET2#24+I<1EG MPVD"F_HEFBB"A8!G[^(R5$S0'&'PB]\2E,8MG@">PTNIAX0L@"?R4JFR&9H\ M!)[;2Z4%IP!LSI8H@'=;7_ZHDWF4XG6[J UL K]_3HIJH9[=L,E;0"^;T["Y M>U,!<2;#9NU-[!QLV!2]@JV;M<"3>)'D4"FM\G:?KR_0)1O1=0:O__X@J'&% M_[/YR[_M[0U^P:H4T_H!#?YM*8EB%9=,*EGLZA8_)JE9&>$ MXH06;BZO)V>7IV=?+Z_R;V=1\9!G]Z0V5O7E_F+55TE%WK:_OW^X/QSL#=BC M\8_DZ1^:QP^6SQ_\N7K#7UAB^98!> 7S1HWC1H7C4@[]H8([CO-]3' M_QU5^>K[/A?HL=&^9&.C1-.?GO+YAZ+X0-PJ\;][Y-^]_>'>P?"G[V7\[^3< M8?V%R;$#>QQ%VQQ,B (?W@A6C)(&%_Y!!(9_]2_6I=PY%OO5Z?>D%)!:M7C/ M6??,!O >_BW*2DIUPMQ3=#:9>%;XVC.$-$B9P+L2&IM0>_$&G&9>=>AI<:(Q\!WG5>"SP&<=89WE!7HB9>0CZ=R7 M2@!F*RG>Y2P:!7:"/TU^?#PZ "8E'X6,/_[1]*9DJ@3*V;JY!)1RN!OE:Q21 M--;RB:Z2@TT_*M3+>7402*@'$^=-1Z@SD"I:4DLZ ;UQ$+C&:VS@%_;ILOA!9_AB0Z]+ _T85QHSU3(!LA;&\21N$'JIC#BZ.A). M6,@!YB.P9^%7Z"E*OV2XIQ>*D\.6!.#EFQ3O M7&_^^16@,!N0UWX:#D&GHX-/2@9OB_C=R!H^*W/H:G49E%,%"_SR M;N]XU2BG]M,T#30>:%SG$KE&)I-YS\D3I6EWU\U6][$B]%@.ORBN?IZF>8GB MO_^M*FJT_F6>57B ?VF\/O_^MQ(]D1\L)]=E]HR*I"+':8/'O!BL5\P_#P9% M\7,;=9AT+B?=VXSN=P>WROVAQK82<0)M_/!_>"HE8M(AZ596 M$3_21;Q$S@=(RI2:/C6(NYE&>/F*/VCVQ!+8*'M6+>GF,I?&II*RXRT@IG[N MT-3EM).EE%!,.YFH2ZCE'4G2-'[\\GU*TS71X6I$;6CE4H$OWZ/92VHTOZ*8 M!XB?%R0*WA*H(.P!;@?NT+3PUL]*:Z<5]@#W:U(]WZ$8S2@$D\7KTM;'H,G7 M<%XQ@ RM/2O4:6!I&GI6H]L0T[7TH$@':M6T\ "\G9M)#[LM[^9V*B^JQSQ- M\GN\=\[G2,U7:DD_0#4]JY-ULWVHL"U#3PME9[8$G,*RL=0Z66>G/MKS'K=] M1]YHTV\J.6<@;2RF2LX92+-UE$LY ?9=M<+PD>=F)(PY7V4@?8"2+5%]U+^+ 317:X[6;L!3MKI.8.G"D FW_MKL-7 M);7[H(MX4;ZJ8=HC\,+E^:H\6X]4T%:;Z9$>PM7G*FM^CU307[*OD@SW2"/3 M/?LJ66]/=5(,.MCL;G_MSO9XO2!WS2T\TZ,7'*^\EF=:P&9W]6T]PP^;X'57 M^$P#V/S>NN)GL&'3N>[>GVD F\TW? ,89-ATK7(:8.AA$[/*FX"AA\W#(#V&2L\3U@]VRP&=G.CX+ITAM.-E5./H1- MS-:%DP]A,[5MV:U#VPR)4/*93:;/**Y3)-PZTL0*HU4G<-D61H.] 6M$?ERW M&Y"&6YZIQ'M1(5 IR'I=%@OJR/<^Q-X?>JA;%1AA6Q@A%)8"6EBJE^,X5'X* ME9]V9K #-=JA-%,PXZ"&D#.0H7:2$]BA=A*@+,>A=M*6U4[J)V& /=$,Q8W" MTB=4'[(%%:H/^;C!VYGJ0U M E!N"^6!>E8>J.?C.]3O"?5[X.QLM[E^3\\- M!2@B%/I078=$*?B>XUQ6:L> &'*]'07T,%/>=4BZ@7F6I_4LNXEFDJFM$764 MG.Q[,JMG9_6L3JF',CWJ([[C3V@\1\7X\1&/V^SIMDBF$O@=F\-0J7J6G:Y; M-G.I H?@=VTIU.IWF=5(:3TM--5NZB$D-7S%6K R.=I!URS* 61 MQ+.S%D!R=W::Z?)E+8B\G:_4 TCBSM>L,C=-Z+"OH/_&O++XV\!Z*"\J?8BECGWD\5[V,R!$>' MX.AMF$A .2=$4P./IM[N@1_"KT/X=9@=/:.%$*\=B,+Y5 @!WB' .P1XAP#O M/BFS90'>6\XP8,]]0T1X6%R!'V,AA-SW 7$((0_LN8/L&6+.>QISOBL3(@2I MAR!U.+OS70A2WQ7+ HIJ6UVM#B+6B+J.;#>BAAS;K@0?IAB\L?QNP6-9]$1' M%W%#U0>ZJ22= .5/1LG!*"KFR10-1P]#$W#[EFX,'?'B95];AULIZ"@FTXS0 M#,ZE2[6M+58/9.^G&AVTL!_5$,+V;+52CGD(H7JV2FCP]]5G?[/6NT#1AS** M/MRDZ.4#!LLG[-*RU[L/-*@SIZWPR^_%=/ ^[H+O??"][\MD N']] M_P=W\*$//O2[/0. FO?@)Q\,/OQQ%7SA@R]\\(6'Z#X>?.'#HFD;%TW!WQV\ MOWLOAG?P:0\^[<&G/;!@/UDP^*WWU&]]FP9]\$T/ONEP=LN[X)N^3=8#%&5N M=JS:8520CSB,M$M['7G !#R[@ M?9HP0#DDN('WR@V\KP,\N(('5_ P"X":^> .'@Q_/\96< D/+N'!)1RB%W5P M"0^+IVU=/ 6W\)ZYA0,>XL$U/+B&!]?PP(;]9^>BWC_+0@HZE1WKJT[KKR-7_=QG1[]<267:1&F&Z1Q[1S\YP7QPCS+TWJ6 MW40SB1GITM:S,G:^]+(6$( ;?>QE+2 -_K>RUH &[VR9>U@.)B;4%)7::N M]Q.!U\(<0@A#KV:,4!9),0X (]QV)(1'H(<0I!#F 90#7V(<@BFOR>#*X0Y MA#"'$.8 ,3(@A#F$Y=/6+I]"G /X.(?^C/$0Z! "'4*@0^##'O-AB'3H::3# MUHW\$.H00AW@[*!W(=1AZTP(*/)DG4#?J78#5XBYCFC0HH4"+08?,L.2WN4)TE M[RZYH,YHML,?O,_3Q/MX#"[BP46\[Y,(*-<$KW'H7N-;.^B#(WEP) \S Q8= M!. WFD08J-#;+3KV.C7K\FNRVER.OV6 M7.7?SJ+B(<_NH^()59=X6G]7KM)L&L&/% [!V_U1QA2\#58IV^GR)NY?CH(% MMI>[82YA-SJ\Z1RU@[96V'4L@05RR!$%&OAAFL$;S^[@JBH(:$1]09TD>'1? MXO\U-3!L((M-?$%?03B/*HDQ-K?PYP-N;_@T0\;[I=B/*B(.) AQ!3^DD#"^ M>II"B+F#WB7E[XU>YZB*DO37C$XN%"?TV+6\GIQ=GIY]O136K5_N+V24\W% MSI&:)^,?R<,_-$\?-(\?_+EZP5]88/F2 7G+@+QF@-\S:%XT:-XT(*_:[H6? M=Y]J4">:O?;QW\EIY7W\AIB G8X)V,E)!Y3+0@P!T!B",$E"S$&(.0@S:8?H M9J?=/L#%+(1I$]Q$WA-HU ,+D 1+X&LH)O/,&-I03@!LA$*Q03RA\_8'4 MCM M_.2WQD\^S#ZX+O-V]V-W*]^&FV@FF@BUF.,=@#Q7O?AWQ];K%Q3%2?:D^ZHK M$2?0Q@__AWLCF2,ELK:$6V"W13*+BH4F-D,CZA;J!&$['5N"E0D[@?OE^PM> M_:D_N/AWEZ!NHJ*(2.]H>E CZFXK])RGF+AU]3V;U[*R>U2G]H/0X].R94.]XCHKQXR->O61/>'9/)? [-H>A4O4L MNR*Q;.92!0[!Y8R6)AIGMW4Q?8Y*5-I_G:Z/<:DBWGFBHD#QJX:=76,(ZFB' MG+Z1IP$WSNY0DLU16:'X/)DG,=YJD.N2C>L3LVX_\$0WJT,4HQGE!FQ^R@&J6KEIA1R,RBY[H81)9 M.^MGCTK2"5">XHC+ 2KF>&DR'#T,3<#M6SI79%Q,DEF21L5-GG55Q=364? 3 M7@UG>$P,J3%@PUBG@T43M]!'W:&KF[B%?M =NKJ)&_-H"]@OS-/I'W6"]Q,7 M=1:3B87MA@UHRV8N3Z2T>+V!PYWS-4K(1@4O89/90UV4E%IT8&W:. %_@RJ; MSE6( >E?5YE>85*\S&[3-2I_65'4\T)C@5B30NGP._(5G[\ MR&WJ;<#K6[E4X'.!HM]?\B2KR*4ZV4VK&5 JZP?L=9*1 X!+>LQ',_*A9E%Q M.B.X+%0P/L&E8FP@W!=1W"R,\%)TEI3$?4O]/0RMW,X#]%*@$G?CY[QZOH[* M"K,?7=[%LB,2NU9.%<#_IE'#S^-'O%LLT+0NR.F^[ARJ4V/W6X<;](V,BL\1 MO8KY4E;)#+.0:1^A;.5[4V'6HU-CMQL,OH=_B3"LJHCR J^RHF*QPH@0*7J? MUIRSE60?TOU1CDU!6>$>CN_S._28HFEUAN<"TAAE30NGP&_RZBS'+TZ76,A\ M/J_1?2X.*[4F'1[AEE^BV4MJ] 81Q3Q _+SX#47JG8I6V /<#JXLFA;>^EEY M/Z 5]@"7O']_:,+)I'P!/+ "V KZ PWT;@$3*QUS/UQ?)KYCW MAM:>%>ID#S0-/:MA9R=D+2 -]H/60L(P(UV1=8" '"SO9&U\ "\PUF>IH4' MX&=I7N+%F37LMKP;QPZ\A:K0TT*Y\&P).(5E0S769D9C-^!QA, E^[ +_HDJJ6N$% M;=/( WP34G\#9?*29V5>L-&;$]_W2?WR@@G6:J!HVSOLZ2PF#A5E\IB@>%)% M5:T8YW))=_2BVBUO_-$='(T/K?AW9Z#D4!P!^!P5Q#V@.L6)>GR0]\^8Z[2@VY+ M^P3\%3U,DHIT96$:'[IFKE6XC'LK38&7"?K%.SR.RZOXNDVX2J/8LD0-K=PXS*29764-CR@7)-)A=S#TZS1 M5'+.05[B"4T[2)Y=12/J'.KPTR?)$7Y;P@6GYW\V[@! MZF2=@C6[ ZHEG0*]0U&99Q-$;E-0W-0.24BR49)7K,AGE[,9BI.H0NGBMD!3 M1&ZT;E&1Y!+?I+=XIF/EZ7W^15Y0D#=Y1?.LHO@R6^=UU^EIU=R)2N32_SXG M5R,-JBN"M@U=(>:TUT4,\JL?O;17P/9@'0'])7EZ1F7UCQI#0$6ZT X!K;#; M&W0I$OUPT+4! +XK<$>@K_)OUN-#)^NTAZ5 ]*-#T\0_](ZPW?OCZ+T5P;@H MTK<3/Q +MQ'+9EY4X/S=SFAR'E%DG#5% <>/K*[QY#G_IB^RKF_H10TN.1.#0\>*)!2H0U,_0ZN;([BRC1?P MJ_U_LQ65>WFS?=NK][MNWNJW SM\?6^'+B(0\^&+N86;,[E12_H"JDHOHA'U"E5V8*P6]0E5>J6O%O4%=9)0XE@Z/5M! M%IOX@F[RZC:V< *Z?DZ):&">B0LP'1,VD4TMZ *J88%(A M#_!,R%R#LIDX6F$W:9#JEY>F\OA]SA6"UR1N,C78A/VV]>WC?!8EV=X,S1[6 M!R*6E>[55<"7]>Y;RU\XV(MVE? EZ)8W#"C0DA+B2]PM9QE0N-L%QI>P6ZXT M,&&WJXXO\;?V33#Q3R2%R)<:M)PR06D@%BI?@FXY;$($+3MZ7>)O^76"PJ^J M:KX$W_+]! V>6^,Q7FJ=((!2H&.Q,Z4@TW5G8J> M,Y5@T[A5 72F"FQ&__%ZYTQ/V+ROK8'.5("]"A"JI#/0L*E?4SN=*0";_C?J MJ[,]72\(7UYSG:G0"WKGZUTQX+"I7%JMG4&'3=3J(NX,/VQ6UA9V9RI 9V-5 MO7>&'S;+VI=]9_K IMPNM=^91K#YV*(2/%,$-B];U(5G)YFPV=JB2CQ3!#9G M&^'#9F[+.O),&=A>J0:;U&^5Y>D9 M?M@4WL+?O@XX@,W=+0WN^!O30]A\K:EQSQ2 S=/FDO=,#]B$O2KW2XYGQH_< M08U,EU[P];J>/-YYT*./-6$H66"=SHAB:[U@ ML_BJGEPSNNZ+*&[6B'C=/DO*DIR&KW6!3>KK MDOI!915GW.J^?KJ*PPI]-% M;\R=5AW"9G&F"Q=3-7[$6_,"3>N"W"A)S@X/81/[Q@;J!GTCHZQ=9Y[I IOB M-;LII4I'O2#^48@SV4?]6!C M+! V:L"W5.C)6J"IY:MVQSKJQ3I@XU.(ESU'O:!_OL[\<(T=-L]+L!^LL"IR4ZR4W2<9_8N56B?FV>COM$ MU"T]UJ;JN%=L+>K!F:T^L;6H!V_"^D39FO/3XS[1=SNM!-,"-I%/:.W+IT4K M$@(VAS/8&M8[@8+:/L/EY4Y4U:OA\+ RKR4N>E7G!)DM.0GE( M<@"\[EAKU0/*SK.8."*5R6."XDD5T83K##]\TA9/,3[V@*G;CO,?X7/T&BML M:F89H4\Q):OR+3--8%,S!U\7FPZ;D.4I/"_3M"[I3JW\9U0DT4.2)M5B_+BL M![&.78?-RYQRXXP>>8^+*U1R^&&3,8?_-(XIJBCE$F2O]8!-S[P>\RA)E^-I MF8R)Z0";C!4Z?$4/DZ0BGZ?8&%BPF9E3YC8J*Y(SGB[ZXF2*Y_Q%C9MR'P8V M9:_*3PCLT:Z)#1*VACK:Q;-!:K "P*5D /N2 P^9A ?B( PZ;'R+%P#]RB<#Z0Z$8^"<.>'^8<[2_SS$G M\'1E G"..8&G(A. <\P)/.&8 )QC3N#IQ03@'',"SQ8$WB6, $XQYS M,X4)P#GF!)XA3 #.,2?P/&$"<(XY@6<'VP3.>4 .@6<'$X!SS D\-Y@ G&-. MX$G!!. < XP 3C'G,"3?0G .>8$GM-+ ,XQ)_ <7@)PCCF! MY^P2@'/,"3Q'UR;P$<>=TL SC$G M\)Q; G"..8%GU&+WH!K_]"'PI%I,!:63^A!X3BVF0%.7>(+(332*NY4A7F7? MA\V^:U6I+Q:KMGR35[2: (HOLW4Q)DXKV-1,G+/N:DF:RV Y](R.;X/@:?*$O$3#T"U^]\0>,(L M41O.P?J,9CWDUH; 4V11T#?Y.8KK*8&$%X+-XH;I IX^2U2'NLRF:!Z14K7XR["$M)Q"L/E=5&B<(;H3&3^> M/F*KC%6:/.??>*L,F^A%?;CS6@&?NDB@@I% ; L_9I=* .],'GJU+H0'O; ,\3Y=$@TE"Z7$9 M9\-I IOZ)9HH@H6 9^_B,E1,T!QA\(O?$I3&+9X GL-+J8>$+( G\E*ILAF: M/ 2>VTNE!:< ;,Z6*(!W6U_^J)-YE.)UNZ@-; *_?TZ*:J&>W;#)6T OF].P MN7M3 7$FPV;M3>P<;-@4O8*MF[7 DWB1Y% IK?)VGZ\OT"4;T74&K__^(*AQ MA?^S^T-?L&J%-/Z 0W.5Q*#_\ R:'!9H5DYJ/*US'_N[34M)8_D8JQQ2+TS*)T/?_%[U$V9?[BU5O)15YW_[^_N%P.-@; ML(?C'\GS/S0O&"S?,/AS]8Z_L,3R/0/RH@%^TV#YJ@%YUP!]']"W#Y0ZSV*].OR>E M@-2JQ7M.O62!YN,OKS>."==XC0W\PCY=ED;H#%]LZ'61H!_C2HNF6C! UL(XGL3] M0B^5$4=71]8)2SKHI 3VI/P*/47IEPQW]D)QI-B2 +R0D^)=3J;#L(2#,UO> M?5B^'[3FG;NW1QZJ\'Z3D#7+U4=O+0EWHK+SPB5'!_MGXR47-X6\;NY-7Q6Y@+6 MZC(H)PT6^.7=WO$V4D[R>%X&0@^$OH2E]J1<(Y/)O.<,BM*TN\=GJ_M8[7HL MAU\45S]/T[Q$\=__5A4U6O\RSRH\RK\TSJ)__UN)GL@/EC/L,GM&15*1<[;! M8UX,U@OHGP>#HOBYC3K,/.(N<#)*5+39\:Q-U,([R0Q1\T>V+);Y0]JY9T<]5+ MXUI)R?(6$%,_=VCJ!H_?OD^I:F>Z' UHC:T.MGI;73"GN ^S6IGN]0C&84 M@LGB=6GK8]#D:SBO&$"&UIX5ZC2P- T]J]%MB.E:>E"D [5J6G@ WL[KI(?= MEG=S6947U6.>)OD]WCOG%LC-; DYAV5AJ MG:RS4Q_M>8_;OB-OM.DWE9PSD#864R7G#*39.LJEG !D.9=/LUB9N%B$:]/& MM:.ZS7 UB#OM;V/GNNU)]E:;;M3).@5K6NRIY)R"M#%1.EFG8,VF2BWI>L;K M;108PZ3,S6M"[&UZB4 Z8'8-E %OMA[F%F[V!J9L M4*T-@JD!X-17DNMB[_[,-KC;E\F.@JG>"';[AEF,FX*-7W;I+ :K@-1 O)06 M_70A@]8D\8>=6%)U@[T$#SNII.%*>ZD#[.22ZHON)7S8228[W'8S]H*=<5)S M!\X4@,V_=M?AJW+Z21Z9Y]E>BWISHI!AUL=K>_=F=[O%Z0N^86GNG1"XY77LLS+6"S MN_JVGN&'3?"Z*WRF 6Q^;UWQ,]BPZ5QW[\\T@,WF&[X!##)LNE8Y#3#TL(E9 MY4W T,/F8;FC 3N7A,VY-EX'3!/8K&OP0V!*P";=EI\"@PV;:W7."TP#V%RK M\FI@Z&%3KL[5@6D FW+5'A ,/VS^-1I/V 3SQ 6PRUO@>L'LVV(QLYT?! M=.D-)YNJ+A_")F;KHLN'L)G:MF37H6WJ1"@YSB;39Q37*1)N'6ENA=&J$[B$ M"Z/!WH U(C^NVPU(PRU/5^*]#!&HC&2]KJ8%=>1['V+O#SU4N@J,L"V,$*I0 M :U"UD3*A+9@@H5B7SI@I[SHDW< \R]-Z MEMU$,\G4UH@Z2D[V/9G5L[-Z5J?40YD>]1'?\2_:.ND%78/UP#069;]5%EP*BR05\A=;8K=9T:P/O1^O6RO1<94((87F&RG6##((.34[ M*=1UQ0@AY68G!>U6CA"25$+)ZOD(- M&/D\[8!K%J4@DGAVU@)([LY.,UV^K 61M_.5>@!)W/F:5>:F"1WV-719EZVW MB+*2KFOHT?:![+S[8/.\NWG:@#QNL'K>@#UP\.?ZD7]M^:61]T!44/X46Q'K MW/NIXGU,AN#H$!R]#1,)*.>$:&K@T=3;/?!#^'4(OPZSHV>T$.*U U$XGPHA MP#L$>(< [Q#@W2=EMBS >\L9!NRY;X@(#XLK\&,LA)#[/B .(>2!/7>0/4/, M>4]CSG=E0H0@]1"D#F=WO@M!ZKMB64!1;:NKU4'$&E'7D>U&U)!CVY7@PQ2# M-Y;?+7@LBY[HZ")NJ/I -Y6D$Z#\R2@Y&$7%/)FBX>AA: )NW]*-H2->O.QK MZW K!=UZB+ MDDXN'5B;-D[ WZ#*IG,58OZ\[FWI6FWKO!]\==#"WO!!B.RTU4II%B%$<]HJ M86DF(<1OVJJDP>\U4-,6OXUQA1"I::N/POB* 9@].P9?JO3E>S1[29&P5SB4 M[14.-_<*RP<,ED_8I?VW]V ,4(??6Q$@U(OIX'W79[!@ U[R%@)QA\^.,J!.6$H)P0E ,QCB4$Y81%TS8NFD+@ M#?C FUX,[Q!<$X)K0G!-8,%^LF (H.EI ,TV#?H0)!."9.#LEG&0%L.7PZPP@J0EA!NBW MUL(^I+G)UQ5A*$<>R8CS2$N<_S6XR0=<89GM7G5Z=\,%=72SA>[?@*>$][$7 M7,"#"WB?)@Q0#@ENX+UR ^_K ^NX,$5/,P"H&8^N(,'P]^/L15' ) MA^A%'5S"P^)I6Q=/P2V\9V[A@(=X< T/KN'!-3RP87_9,+B';X5[>/\'?G 1 M#R[B<';/N^UD+","-OO>R%@" FWWR92V@N%A; M4%*7J>O]!.=M%10"$P!Y]O^X6@<0/?Y_7*VC]OG\%JC%!3C8'JE .VILREC= MYU64WJ&J+K+R,[8=6+BB:[5CV0+N6%H)BSYCL'S(X'_88_YWRS=,WKW,09T^ M;D6$0W_FA/?!%T(<0HA#KV8,4!8),0[ 8QRV9(2'((<0Y!"F 51#'Z(<@NGO MR> *80XAS"&$.4",# AA#F'YM+7+IQ#G #[.H3]C/ 0ZA$"'$.@0^+#'?!@B M'7H:Z;!U(S^$.H10!S@[Z%T(==@Z$P**/%DGT'>JW< 58JXC&K1H(0-AD+[7B3/MIJ9_1OO[GR1'RRT)#\!D_N)M"1_ )#$/;0D?P$9&8*VS9S? M),$6;0D?P Z-P%K>T6Z 2:(\VA(^@!T;@1W[ 79B!';B!]A'(["//CWP;18J M;4+P?C+W*N1<>(#7&)57(!_""$-Y!?(1C$B35R _:)]:]03Y(;^7Z!7R=5Q2 MRUP#1WZ\0MXS>TZ(<8F\M=0'COSCFHGV^WKC,D=%]"39_PHEX5;K&WX'?"+L M@)MGR7?".U1:T7L4#JAKF>T( >OS-/$^'D-46(@*Z_LD LHU(5 ,>J#8U@[Z M$#L68L?"S(!%!\$?&G[X6)^'?7"1#B[2P44ZL.9VL6;PFM9[3<.-+=J!R>#4 MD?J]_)7!>G'WS1&Y#Y[4.D_P'W.D#K2[.[2[R[E/X(8I;>\T".E00CH4U^E0 M7K\FNYZ<79Z>G99)A+[_O^@ERB[QA/Y._Z]HIE"<9WF%'Y!B(X3G>CVE>/"@ M>$2H1$T>XS(O*@):N:Y[G]? 3T 2MMTK:^^N]* .LGL=VK&[<\O[( [Q(#L=#[*[,P\HJX4@$J!! M)&&FA,B3=[^HV)W(DS"=^D0\.^T!!"Y\)N:E,2NU 42%3R/JFAI5LI73KU/ M9.JM7B"??.0U@S_9BP!.0+BGS,$'NS\^V&&: 1C/P1U[M]VQPR0$RW7!,QNJ M9W:8-,%).SAIAYFU4W04''S@^F>':1-\?8*O3_#U":P=6#M$6=E%6<%STPW3 M* 1%PB59Q$M MRZ#8&DGDO(#,TWJ62S*K9V?UK$[I!Z6'JF<8U1,:SU$Q?GS$ M2YCL"<_NJ01^Q^8P5*J>992=:).V#U< T!GBP=L2+(G9-%_&E'74+7@W$ZZ MT^F4['N7G7):EJB2'$9KA?W M0#I9<&EL$A2(3=[E!=$5LO9TW+UK%ZVJB4] M =4L7;7"CD9D%CW1\R2R=M;/'I6D$Z \Q1''!53,\=)D.'H8FH#;MW2NR+B8 M)+,DC8J;/.NJBJFMH] MO!K.\)@84F/ AK%.!XLF;J&/ND-7-W$+_: [='43 M-^;1%K!?F*?3/^H$[RPB:S MA[HH*;7HP-JT<0+^!E4VG:L0 ]*_Y/I@_'B/BEF21?*5U*L>XN:6)"^JQSQ- M\ONZR'(,1WD8K);T U1S+JR3]0/V3GX%)1=S:=0N\KS*\@J5YF-VF:A3^\N. MIIH3' O$FA9.@=^1K?SXD=O4VX#7MW*IP.<"1;^_Y$E6D7MULIM6,Z!4U@_8 MZR0C!P"7])B/)AI$S:+B=$9P6:A@?()+Q=A N"^BN%D8X:7H+"F)(Y?Z>QA: MN9T'Z*5 )>[&SWGU?!V5%68_NKR+94/>+=8H&E=D--] MW3E4I\;NMPXWZ!L9%9\C>A7SI:R2&68ATSY"V56I,.CW#++]'L)35Z@XAB'B!^7OR&(O5. M12OL 6X'5Q9-"V_]K+P?T I[@$O>OS\TX612O@ >6 %LA0ZZ WAD!?#(&\#A MO@U (N5CKN?KB^17S'M#:\\*=;('FH:>U;"S$[(6$( ;[8>L!03@1KLB:P$ MN-G>R%IX -[A+$_3P@/PLS0O\>+,&G9;WHUC!]Y"5>AIH5QXM@2<,I(U!4LDY VDV/G(I M9P"O\A)=YQE:R)%Q?W8&B;[O.BI^1Q4YJZ"^S1=I/:UJ^9&;31M?X*^CQ4U> MW9(CYF*.SO,TC22'T=8-/:K1^--3[Z5B4I>8,1LO;EMMU.W=F;6\NLQ(V&9\ MCC"8!#]V@7]1)56M\(*V:>0!O@FIOX$R>E'MEC?^Z Z.QH=6_+LS4'(HC@!\C@KB M'E"=8DY:Y\NB@?G*-9]-&]?9&&U6A 9QUY"Y8C27:5J7=*U?_C,JDN@A29-J M,7YL(J'U23"[/,:UBN.,GD:.BRM4ZK40)%T#/8UCFMTA2AM33_._:0$K6C@' M/H^2=/FA;Y\Q5^E!MZ5] OZ*'B9)1;JR,(T/73/7*MQ&976>TYM,_-43_'AT M4>,9IN][32NGEMYHUMW:Q9 B;6[AQ&<@+_&$IATDSZZB$74.=?CID^0(ORWA YCD&JHM MX0/8R ALY >8Y/ZK+>$#V*$1V*$?8)*+M[:$#V#'1F#'?H"=&(&=^ 'VT0CL MHQ]@GXS /GD -MK?-UC^1L(',(/E;R1\ #-8_D;"!S"#Y6\D? S6/Y&P@

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

=WMUP01W=;*'[-^ IX7WL!1?PX +>IPD#E$."&WBOW,#[.L"#*WAP!0^S M *B9#^[@P?#W8VP%E_#@$AY7\+!XVM;%4W +[YE;.. A'ES#@VMX M< T/;-A?-@SNX5OA'M[_@1]IZ/\%Y6P6%P 1 GOT_KM8!1(__'U?K MJ'T^OP5J<0$.MDHJHNL_(QM!Q:NZ%KM6+: .Y86H*'/ M&"P?,OA?]IC_M^4;)N]>YJ!.'[P?-K:Y5.(

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�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htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares MSCI China A ETF
iSHARES® MSCI CHINA A ETF Ticker: CNYA                                 Stock Exchange: Cboe BZX
Investment Objective
The iShares MSCI China A ETF (the “Fund”) seeks to track the investment results of an index composed of domestic Chinese equities that trade on the Shanghai or Shenzhen Stock Exchange.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI China A ETF | iShares MSCI China A ETF 0.65% none none 0.65%
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares MSCI China A ETF | iShares MSCI China A ETF | USD ($) 66 208 362 810
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 44% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI China A Inclusion Index (the “Underlying Index”), which is designed to measure the equity market performance in the People’s Republic of China (“China” or the “PRC”), as represented by “A-shares” (as defined below) that are accessible through the Shanghai-Hong Kong Stock Connect program (“Shanghai Connect”) or the Shenzhen-Hong Kong Stock Connect program (“Shenzhen Connect,” and together with Shanghai Connect, “Stock Connect”). “A-shares” are equity securities of companies based in China that trade on the Shanghai Stock Exchange (“SSE”) and the Shenzhen Stock Exchange (“SZSE”).

The Underlying Index is designed to track the inclusion of A-shares in the MSCI Emerging Markets Index over time and is constructed by MSCI, Inc. (the “Index Provider” or “MSCI”) by applying eligibility criteria for the MSCI Global Investable Market Indexes (“GIMI”), and then excluding mid- and small-capitalization A-shares (as determined by MSCI), A-shares suspended for trading for more than 50 days in the past 12 months and A-shares that are not accessible through Stock Connect. The Underlying Index is weighted by each issuer’s free float-adjusted market capitalization available to foreign investors and includes only large-capitalization companies, as determined by MSCI. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

The Fund intends to invest in A-shares included in the Underlying Index primarily through Stock Connect. Stock Connect is a securities trading and clearing program with an aim to achieve mutual stock market access between the PRC and Hong Kong. Stock Connect was developed by Hong Kong Exchanges and Clearing Limited, the SSE (in the case of Shanghai Connect) or the SZSE (in the case of Shenzhen Connect), and China Securities Depository and Clearing Corporation Limited (“CSDCC”). Under Stock Connect, the Fund’s trading of eligible A-shares listed on the SSE or the SZSE, as applicable, would be effectuated through its Hong Kong brokers. Trading through Stock Connect is subject to a daily quota (the “Daily Quota”), which limits the maximum net purchases under Stock Connect each day, and as such, buy orders for A-shares would be rejected once the Daily Quota is exceeded (although the Fund will be permitted to sell A-shares regardless of the Daily Quota balance). The Daily Quota is not specific to the Fund. From time to time, other stock exchanges in China may participate in Stock Connect, and A-shares listed and traded on such other stock exchanges and accessible through Stock Connect may be added to the Underlying Index, as determined by MSCI.

Foreign investment in A-shares is also permitted through regulations in the PRC known as the Renminbi Qualified Foreign Institutional Investor (“RQFII”) system. Under certain circumstances, including when the Fund’s ability to invest in A-shares through Stock Connect is restricted as a result of the Daily Quota or otherwise, the Fund may invest directly in A-shares under the RQFII system.

While the Fund seeks to invest in A-shares, the Fund occasionally may invest in other assets consistent with its investment strategies if it is not possible to acquire A-shares.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

A-Share Market Suspension Risk. The A-shares market can have a higher propensity for trading suspensions than many other global equity markets. Trading suspensions in certain stocks could lead to greater market execution risk, valuation risks, liquidity risks and costs for the Fund, and the creation and redemption of Creation Units (as defined below) may also be disrupted.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Cash Transactions Risk. The Fund expects to effect all of its creations and redemptions for cash, rather than in-kind securities. As a result, the Fund may have to sell portfolio securities at inopportune times in order to obtain the cash needed to meet redemption orders. This may cause the Fund to sell a security and recognize a capital gain or loss that might not have been incurred if it had made a redemption in-kind. The use of cash creations and redemptions may also cause the Fund’s shares to trade in the market at wider bid-ask spreads or greater premiums or discounts to the Fund’s NAV.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. The Fund’s assets will be invested primarily in domestic Chinese equities and the income received by the Fund will be primarily in renminbi (“RMB”). Because the Fund’s NAV is determined on the basis of the U.S. dollar, investors may lose money if the RMB depreciates against the U.S. dollar, even if the local currency values of the Fund’s holdings in Chinese securities increase. Furthermore, the Fund may incur costs in connection with conversions between U.S. dollars and RMB, as well as in connection with conversions between the two separate types of RMB, the onshore RMB (“CNY”) and the offshore RMB (“CNH”). The Fund does not intend to hedge its currency exposure.

While transactions with Authorized Participants will be in U.S. dollars, the Fund’s transactions in A-shares through Stock Connect not in connection with creation or redemption activity generally will be in CNH. To the extent the Fund transacts in A-shares under the RQFII regime, such transactions will be in CNY. CNY and CNH are traded in separate markets that operate independently, may trade at different rates and may not move in the same direction. The Underlying Index uses CNH to value its component securities, and the CNH exchange rate will be used for purposes of determining the Fund’s NAV. To the extent that the Fund invests in A-shares under the RQFII regime, or income received by the Fund is in CNY, and the CNY exchange rate differs from the CNH exchange rate, the Fund’s NAV and its ability to track the Underlying Index may be adversely impacted.

In addition, there is no assurance that there will always be sufficient amounts of RMB available for the Fund to remain fully invested in Chinese equities. The Chinese government heavily regulates the domestic exchange of foreign currencies and RMB exchange rates in China, which may adversely affect the operations and financial results of the Fund’s investments in China.

Custody Risk. Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. Chinese financials sector regulation and ownership may be more intrusive than in the U.S. and other developed countries, especially with respect to the regulation of non-Chinese banks and other non-Chinese financial companies. Greater Chinese governmental involvement in the financials sector may pose additional risks for investors. Market conditions in China may be particularly subject to change based on government policy. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in the region in which the Fund invests, which could affect the economy or particular business operations of companies in the region, causing an adverse impact on the Fund’s investments.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Timing Risk. The Fund is subject to the risk that an Authorized Participant may create or redeem shares of the Fund at a net asset value that does not take into account events subsequent to the local China market close and therefore may not appropriately reflect the intrinsic value of the Fund’s assets.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Nationalization Risk. Investments in China may be subject to loss due to expropriation or nationalization of assets and property or the imposition of restrictions on foreign investments and repatriation of capital.

Non-U.S. Securities Risk. Investments in Chinese issuers are subject to the risks associated with investing in China, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of Chinese securities or Chinese markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. China has privatized, or has begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in a country whose economy is heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in China. Investments in Chinese securities subject the Fund to risks specific to China. Investments in certain Hong Kong-listed securities may also subject the Fund to exposure to Chinese companies. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the last few decades, the Chinese government has undertaken reform of economic and market practices and has expanded the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. China has experienced security concerns, such as terrorism and strained international relations. Additionally, China is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Chinese government or Chinese companies, may impact China’s economy and Chinese issuers of securities in which the Fund invests. Incidents involving China's or the region's security may cause uncertainty in Chinese markets and may adversely affect the Chinese economy and the Fund's investments. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of additional tariffs or other trade barriers (including as a result of heightened trade tensions between China and the U.S., or in response to actual or alleged Chinese cyber activity) or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.

Risk of Investing in Emerging Markets. The Fund's investments in China may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.

Risk of Investing through Stock Connect. Investing in A-shares through Stock Connect is subject to trading, clearance, settlement and other procedures, which could pose risks to the Fund. Trading through Stock Connect is subject to the Daily Quota, which may restrict the Fund’s ability to invest in A-shares through Stock Connect on a timely basis and could affect the Fund’s ability to effectively pursue its investment strategy. Stock Connect will only operate on days when both the Chinese and Hong Kong markets are open for trading and when banking services are available in both markets on the corresponding settlement days. Therefore, an investment in A-shares through Stock Connect may subject the Fund to the risk of price fluctuations on days when the Chinese markets are open, but Stock Connect is not trading.

Structural Risk. The country in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. A 10% PRC withholding tax is applicable to the payment of dividends and interest to foreign investors by PRC-listed companies. Withholding tax, as a technical matter, is legally applicable to capital gains realized by foreign investors on the disposal of A-shares under the PRC Corporate Income Tax (“CIT”); however, before the release of Caishui (“Circular”) 79 by the PRC tax authorities, the PRC tax authorities had not in practice been reported to have sought to collect such withholding tax on capital gains realized by foreign investors on the disposal of A-shares. Under Circular 79, which was released by the PRC tax authorities on November 14, 2014, capital gains realized on or after November 17, 2014 by Qualified Foreign Institutional Investors (“QFIIs”) and RQFIIs from the disposal of A-shares, including PRC “land-rich” companies (i.e., companies that have derived more than 50% of their value from immovable property located in the PRC at any time in the three years prior to the disposal) are temporarily exempt from Chinese taxation. A second notice was issued the same day providing that the capital gain from disposal of A-shares by foreign investor enterprises through Stock Connect will be temporarily exempt from Chinese taxation. The duration of the exemption is not stated in these notices and it is subject to termination by the PRC tax authorities with or without notice. If the exemption is withdrawn or modified, there is a risk that the PRC tax authorities may seek to collect tax on capital gains realized on the Fund’s investments in A-shares or other Chinese investments. If the temporary exemption is withdrawn, the Fund would be subject to PRC taxation in respect of gains on A-shares and the resultant tax liability would adversely affect the Fund’s NAV.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. INDEX ETFS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX ETFS THAT DO NOT TRACK SUCH INDICES.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 22.81%.
The best calendar quarter return during the period shown above was 7.96% in the 3rd quarter of 2017; the worst was -12.97% in the 2nd quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares MSCI China A ETF
One Year
Since Fund Inception
Inception Date
iShares MSCI China A ETF (26.27%) (0.17%) Jun. 13, 2016
iShares MSCI China A ETF | Return After Taxes on Distributions [1] (26.84%) (0.62%)  
iShares MSCI China A ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (14.99%) 0.03%  
MSCI China A Inclusion Index (Index returns do not reflect deductions for fees, expenses, or taxes) [2] (28.50%) (2.72%)  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
[2] On April 26, 2018, the Fund’s Underlying Index changed from the MSCI China A International Index to the MSCI China A Inclusion Index. The inception date of the MSCI China A Inclusion Index was October 23, 2017.

XML 104 R96.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI Intl Quality Factor ETF
iSHARES® EDGE MSCI INTL QUALITY FACTOR ETF Ticker: IQLT                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Edge MSCI Intl Quality Factor ETF (the “Fund”) seeks to track the investment results of an index that measures the performance of international developed large- and mid-capitalization stocks exhibiting relatively higher quality characteristics as identified through three fundamental variables: return on equity, earnings variability and debt-to-equity.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Edge MSCI Intl Quality Factor ETF | iShares Edge MSCI Intl Quality Factor ETF 0.30% none none [1] 0.30%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI Intl Quality Factor ETF | iShares Edge MSCI Intl Quality Factor ETF | USD ($) 31 97 169 381
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 29% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI World ex USA Sector Neutral Quality Index (the “Underlying Index”), which is based on a traditional market capitalization-weighted parent index, the MSCI World ex USA Index (the “Parent Index”). The Parent Index includes equity securities in the top 85% of equity market capitalization in developed market countries, as defined by the Index Provider, excluding the U.S. The Underlying Index seeks to measure the performance of securities in the Parent Index that exhibit higher quality characteristics relative to their peers within the corresponding Global Industry Classification Standard (GICS®) sector. To construct the Underlying Index, MSCI Inc. (the “Index Provider” or “MSCI”) determines the “quality score” of each security in the Parent Index based on three fundamental variables: high return on equity, stable year-over-year earnings growth and low financial leverage. The Underlying Index is weighted based on a component's quality score multiplied by its weight in the Parent Index. Weights in the Underlying Index are next normalized so that sectors in the Underlying Index represent the same weight as in the Parent Index. Additionally, each individual issuer capped at 5%. The Underlying Index is rebalanced semi-annually.

As of July 31, 2019, the Underlying Index consisted of securities from 300 companies in the following 22 countries or regions: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index includes large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Quality Stocks Risk. Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock’s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the European Union (the “EU”) (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 16.81%.
The best calendar quarter return during the periods shown above was 7.01% in the 1st quarter of 2017; the worst was -11.88% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI Intl Quality Factor ETF
One Year
Since Fund Inception
Inception Date
iShares Edge MSCI Intl Quality Factor ETF (10.87%) 2.80% Jan. 13, 2015
iShares Edge MSCI Intl Quality Factor ETF | Return After Taxes on Distributions [1] (11.24%) 2.32%  
iShares Edge MSCI Intl Quality Factor ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (5.85%) 2.31%  
MSCI World ex USA Sector Neutral Quality Index (Index returns do not reflect deductions for fees, expenses, or taxes) (10.97%) 3.03%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 105 R62.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Core MSCI Total International Stock ETF
iSHARES® CORE MSCI TOTAL INTERNATIONAL STOCK ETF Ticker: IXUS                                 Stock Exchange: NASDAQ
Investment Objective
The iShares Core MSCI Total International Stock ETF (the “Fund”) seeks to track the investment results of an index composed of large-, mid- and small-capitalization non-U.S. equities.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon the written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares Core MSCI Total International Stock ETF | iShares Core MSCI Total International Stock ETF [1] 0.09% none none [2] none [2] 0.09% none 0.09%
[1] The expense information in the table has been restated to reflect current fees.
[2] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Core MSCI Total International Stock ETF | iShares Core MSCI Total International Stock ETF | USD ($) 9 29 51 115
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 6% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI ACWI ex USA IMI (the “Underlying Index”), which is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries, excluding the U.S. As of July 31, 2019, the Underlying Index consisted of securities from companies in the following countries or regions: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czechia, Denmark, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, New Zealand, Norway, Pakistan, Peru, the Philippines, Poland, Portugal, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Arab Emirates and the United Kingdom (the “U.K.”) (together, the “ACWI ex US IMI countries”). As of July 31, 2019, the Underlying Index was comprised of 6,403 securities. The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund will invest all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term “Fund,” as used in this Prospectus, means the Fund and/or the Subsidiary, as applicable.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Custody Risk. Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. The Fund that seeks to track an index that contains a large number of securities may experience a higher level of tracking error than a more narrow index.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, the Fund may continue to invest in the Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 11.59%.
The best calendar quarter return during the periods shown above was 10.35% in the 3rd quarter of 2013; the worst was -11.88% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Core MSCI Total International Stock ETF
One Year
Five Years
Since Fund Inception
Inception Date
iShares Core MSCI Total International Stock ETF (14.55%) 0.96% 3.70% Oct. 18, 2012
iShares Core MSCI Total International Stock ETF | Return After Taxes on Distributions [1] (15.01%) 0.42% 3.16%  
iShares Core MSCI Total International Stock ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (8.06%) 0.83% 2.96%  
MSCI ACWI ex USA IMI (Index returns do not reflect deductions for fees, expenses, or taxes) (14.76%) 0.85% 3.58%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 106 R108.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI Intl Value Factor ETF
iSHARES® EDGE MSCI INTL VALUE FACTOR ETF Ticker: IVLU                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Edge MSCI Intl Value Factor ETF (the “Fund”) seeks to track the investment results of an index composed of international developed large- and mid-capitalization stocks with value characteristics and relatively lower valuations.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Edge MSCI Intl Value Factor ETF | iShares Edge MSCI Intl Value Factor ETF 0.30% none none [1] 0.30%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI Intl Value Factor ETF | iShares Edge MSCI Intl Value Factor ETF | USD ($) 31 97 169 381
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 20% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI World ex USA Enhanced Value Index (the “Underlying Index”), which is based on a traditional market capitalization-weighted parent index, the MSCI World ex USA Index (the “Parent Index”). The Parent Index includes equity securities in the top 85% of equity market capitalization in developed market countries, as defined by the Index Provider, excluding the U.S. The Underlying Index is designed to represent the performance of securities that exhibit higher value style characteristics relative to their peers within the corresponding Global Industry Classification Standard (GICS®) sector. The value style characteristics for index construction are defined by MSCI Inc. (the “Index Provider” or “MSCI”) using three accounting variables based on publicly reported financial data: price-to-book value, price-to-forward earnings and enterprise value-to-cash flow from operations. The Index Provider calculates a “value score” based on these three variables. MSCI assigns weights by multiplying a component's value score by its market capitalization. Weights in the Underlying Index are next normalized so that sectors in the Underlying Index represent the same weight as in the Parent Index. MSCI uses an algorithm to determine the number of components in the Underlying Index based on the number of constituents in the Parent Index. The number of components is evaluated semi-annually.

As of July 31, 2019, the Underlying Index consisted of securities from 350 companies in the following 20 countries or regions: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, Norway, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index includes large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences  (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Value Securities Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in creating an index that emphasizes undervalued securities. Value securities have generally performed better than non-value securities during periods of economic recovery (although there is no assurance that they will continue to do so). Value securities may go in and out of favor over time.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 6.08%.
The best calendar quarter return during the periods shown above was 8.61% in the 3rd quarter of 2016; the worst was -12.64% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI Intl Value Factor ETF
One Year
Since Fund Inception
Inception Date
iShares Edge MSCI Intl Value Factor ETF (14.72%) (0.64%) Jun. 16, 2015
iShares Edge MSCI Intl Value Factor ETF | Return After Taxes on Distributions [1] (15.08%) (1.12%)  
iShares Edge MSCI Intl Value Factor ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (8.13%) (0.35%)  
MSCI World ex USA Enhanced Value Index (Index returns do not reflect deductions for fees, expenses, or taxes) (14.71%) (0.62%)  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 107 R265.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares MSCI EAFE Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI EAFE SMALL-CAP ETF Ticker: SCZ                                 Stock Exchange: NASDAQ
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI EAFE Small-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of small-capitalization developed market equities, excluding the U.S. and Canada.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 10% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 10.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI EAFE Small Cap Index (the “Underlying Index”), which represents the small-capitalization segment of the MSCI EAFE IMI Index. The MSCI EAFE IMI Index is an equity index developed by MSCI Inc. (the “Index Provider” or “MSCI”) that captures large-, mid- and small-capitalization representation across developed markets outside of the U.S. and Canada. Constituents of the Underlying Index include securities from Europe, Australasia and the Far East. Under MSCI’s Global Investable Market Index (IMI) methodology, the small-capitalization universe consists of securities of those companies not included in the large-capitalization or mid-capitalization segments of a particular market, which together comprise approximately 85% of each market’s free float-adjusted market capitalization.

As of July 31, 2019, the Underlying Index consisted of securities from the following 21 developed market countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The small-cap segment covers the 85%-99% range of each market’s free float-adjusted market capitalization. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the industrials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 34.30% in the 2nd quarter of 2009; the worst was -18.10% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI EAFE Small-Cap ETF | iShares MSCI EAFE Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.40%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.40%
1 Year rr_ExpenseExampleYear01 $ 41
3 Years rr_ExpenseExampleYear03 128
5 Years rr_ExpenseExampleYear05 224
10 Years rr_ExpenseExampleYear10 $ 505
2009 rr_AnnualReturn2009 46.38%
2010 rr_AnnualReturn2010 22.35%
2011 rr_AnnualReturn2011 (14.91%)
2012 rr_AnnualReturn2012 19.85%
2013 rr_AnnualReturn2013 29.22%
2014 rr_AnnualReturn2014 (5.02%)
2015 rr_AnnualReturn2015 9.16%
2016 rr_AnnualReturn2016 2.42%
2017 rr_AnnualReturn2017 32.51%
2018 rr_AnnualReturn2018 (17.80%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 12.11%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 34.30%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (18.10%)
One Year rr_AverageAnnualReturnYear01 (17.80%)
Five Year rr_AverageAnnualReturnYear05 2.96%
Ten Years rr_AverageAnnualReturnYear10 10.56%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 10, 2007
iShares MSCI EAFE Small-Cap ETF | Return After Taxes on Distributions | iShares MSCI EAFE Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (18.21%) [3]
Five Year rr_AverageAnnualReturnYear05 2.38% [3]
Ten Years rr_AverageAnnualReturnYear10 9.95% [3]
iShares MSCI EAFE Small-Cap ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI EAFE Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (10.05%) [3]
Five Year rr_AverageAnnualReturnYear05 2.30% [3]
Ten Years rr_AverageAnnualReturnYear10 8.73% [3]
iShares MSCI EAFE Small-Cap ETF | MSCI EAFE Small Cap Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (17.89%)
Five Year rr_AverageAnnualReturnYear05 3.06%
Ten Years rr_AverageAnnualReturnYear10 10.51%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 12.11%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 108 R49.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Core MSCI Europe ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® CORE MSCI EUROPE ETF Ticker: IEUR                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Core MSCI Europe ETF (the “Fund”) seeks to track the investment results of an index composed of large-, mid- and small-capitalization European equities.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 4% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 4.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The expense information in the table has been restated to reflect current fees.
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Europe IMI (the “Underlying Index”), a free float-adjusted market capitalization-weighted index which consists of securities from the following 15 developed market countries or regions: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Europe. The Fund is more exposed to the economic and political risks of Europe and of the European countries in which it invests than funds whose investments are more geographically diversified. Adverse economic and political events in Europe may cause the Fund’s investments to decline in value. The economies and markets of European countries are often closely connected and interdependent, and events in one country in Europe can have an adverse impact on other European countries. The Fund makes investments in securities of issuers that are domiciled in, or have significant operations in, member states of the European Union (the “EU”) that are subject to economic and monetary controls that can adversely affect the Fund’s investments. The European financial markets have experienced volatility and adverse trends in recent years and these events have adversely affected the exchange rate of the euro and may continue to significantly affect other European countries.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the EU (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 7.84% in the 2nd quarter of 2017; the worst was -13.36% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Core MSCI Europe ETF | iShares Core MSCI Europe ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.09% [1]
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none [1]
Other Expenses rr_OtherExpensesOverAssets none [1],[2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.09% [1]
1 Year rr_ExpenseExampleYear01 $ 9
3 Years rr_ExpenseExampleYear03 29
5 Years rr_ExpenseExampleYear05 51
10 Years rr_ExpenseExampleYear10 $ 115
2015 rr_AnnualReturn2015 (1.14%)
2016 rr_AnnualReturn2016 (0.41%)
2017 rr_AnnualReturn2017 26.85%
2018 rr_AnnualReturn2018 (15.24%) [3]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 13.88%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2017
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 7.84%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (13.36%)
One Year rr_AverageAnnualReturnYear01 (15.24%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (1.50%)
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 10, 2014
iShares Core MSCI Europe ETF | Return After Taxes on Distributions | iShares Core MSCI Europe ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (15.72%) [4]
Since Fund Inception rr_AverageAnnualReturnSinceInception (1.97%) [4]
iShares Core MSCI Europe ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Core MSCI Europe ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (8.25%) [4]
Since Fund Inception rr_AverageAnnualReturnSinceInception (0.95%) [4]
iShares Core MSCI Europe ETF | MSCI Europe IMI (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (15.53%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (1.72%)
[1] The expense information in the table has been restated to reflect current fees.
[2] The amount rounded to 0.00%.
[3] The Fund’s year-to-date return as of September 30, 2019 was 13.88%.
[4] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 109 R132.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI Min Vol USA ETF
iSHARES® EDGE MSCI MIN VOL USA ETF Ticker: USMV                                 Stock Exchange: Cboe BZX
Investment Objective
The iShares Edge MSCI Min Vol USA ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Edge MSCI Min Vol USA ETF | iShares Edge MSCI Min Vol USA ETF 0.15% none none [1] 0.15%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI Min Vol USA ETF | iShares Edge MSCI Min Vol USA ETF | USD ($) 15 48 85 192
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 21% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI USA Minimum Volatility (USD) Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) to measure the performance of large and mid-capitalization equity securities listed on stock exchanges in the U.S. that, in the aggregate, have lower volatility relative to the large- and mid-cap U.S. equity market. In constructing the Underlying Index, MSCI uses a rules-based methodology to select securities from the MSCI USA Index (the “Parent Index”), which is a capitalization-weighted index, and to determine the weightings of such securities in the Underlying Index. Under the rules-based methodology, securities and weightings of the Underlying Index are established based on pre-established parameters and discretionary factors are not relied on.

Generally, the rules-based methodology includes specified requirements for security eligibility, maximum and minimum weightings by security and, in some cases, by sector and country, established rules relating to handling of special dividends and other distributions and treatment of corporate events. In order to determine weightings by security within the Underlying Index, MSCI seeks to construct a portfolio of the lowest absolute volatility, as measured by MSCI, using its multi-factor risk model. The portfolio is then further refined by an optimization tool that aims to determine the lowest absolute volatility based on the projected “riskiness” of securities in the Parent Index while applying constraints based on established minimum and maximum weightings of index constituents and sectors as well as factor constraints (for example, liquidity and financial leverage) as measured by MSCI.

The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Volatility Risk. Although the Underlying Index was created by the Index Provider to seek lower volatility than the Parent Index and the Fund's name reflects the name of the Underlying Index as provided by the Index Provider, there is no guarantee that the Index Provider will be successful in creating an index that minimizes volatility, and there is a risk that the Fund may experience more than minimum volatility. Securities in the Fund's portfolio may be subject to price volatility, and the prices may not be any less volatile than the market as a whole, and could be more volatile.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 24.00%.
The best calendar quarter return during the periods shown above was 13.39% in the 1st quarter of 2013; the worst was -7.56% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI Min Vol USA ETF
One Year
Five Years
Since Fund Inception
Inception Date
iShares Edge MSCI Min Vol USA ETF 1.36% 10.34% 12.91% Oct. 18, 2011
iShares Edge MSCI Min Vol USA ETF | Return After Taxes on Distributions [1] 0.83% 9.76% 12.34%  
iShares Edge MSCI Min Vol USA ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] 1.14% 8.10% 10.45%  
MSCI USA Minimum Volatility (USD) Index (Index returns do not reflect deductions for fees, expenses, or taxes) 1.55% 10.52% 13.10%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 110 R73.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Currency Hedged MSCI ACWI ex U.S. ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® CURRENCY HEDGED MSCI ACWI ex U.S. ETF Ticker: HAWX                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Currency Hedged MSCI ACWI ex U.S. ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization developed and emerging equities, excluding the U.S., while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees so that the Fund’s total annual fund operating expenses after fee waiver is equal to the Acquired Fund Fees and Expenses attributable to the Fund’s investment in the iShares MSCI ACWI ex U.S. ETF (“ACWX” or the “Underlying Fund”), after taking into account any fee waivers by ACWX, plus 0.03% through November 30, 2020. The contractual waiver may be terminated prior to November 30, 2020 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination November 30, 2020
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund and the Underlying Fund in which the Fund principally invests, the iShares MSCI ACWI ex U.S. ETF, may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolios). A higher portfolio turnover rate for the Fund or the Underlying Fund may indicate higher transaction costs and may cause the Fund or the Underlying Fund to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to the Underlying Fund included as part of Acquired Fund Fees and Expenses), affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 7% of the average value of its portfolio. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 7.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI ACWI ex USA 100% Hedged to USD Index (the “Underlying Index”), an equity benchmark for developed and emerging markets equity stock market performance, excluding the U.S., which attempts to mitigate exposure to the currency risk inherent in certain securities included in the Underlying Index by hedging to the U.S. dollar. The Underlying Index consisted of securities of companies in 48 countries or regions as of July 31, 2019. The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

The Fund seeks to achieve its investment objective by investing a substantial portion of its assets in the Underlying Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund and the Underlying Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities or other instruments comprising an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and the Underlying Fund may or may not hold all of the securities and other components of the applicable underlying index.

The Fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the Underlying Fund) and other instruments of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Components of the Underlying Index include equity securities and currency forward contracts (both deliverable and nondeliverable) designed to hedge non-U.S. currency fluctuations against the U.S. dollar. The notional exposure to currency forward contracts (both deliverable and nondeliverable) generally will be a short position that hedges the currency risk of the equity portfolio. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The index is 100% hedged to the U.S. dollar by selling each foreign non-U.S. dollar currency forward at the one-month Forward weight in order to create a “hedge” against fluctuations in the relative value of the non-U.S. dollar component currencies in relation to the U.S. dollar. A currency forward contract is an over-the-counter (“OTC”) contract between two parties to buy or sell a specified amount of a specific currency in the future at an agreed-upon exchange rate. The hedge is reset monthly by MSCI and is not adjusted intra-month based on movement in the value of the component equity securities and/or currencies. The Underlying Index may therefore be slightly “over-hedged” (if equity values decline) or “under-hedged” (if the equity values increase) between the month-end rebalances. The Underlying Index is designed to have higher returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are weakening relative to the U.S. dollar and appreciation in some of the non- U.S. dollar component currencies does not exceed the aggregate depreciation of the others. Conversely, the Underlying Index is designed to have lower returns than an equivalent unhedged investment when the non- U.S. dollar component currencies are rising relative to the U.S. dollar.

In order to track the “hedging” component of the Underlying Index, the Fund intends to enter into currency forward contracts as described above. While this approach is designed to minimize the impact of currency fluctuations on Fund returns, it does not necessarily eliminate the Fund’s exposure to the non-U.S. dollar component currencies. The return of the currency forward contracts may not perfectly offset the actual fluctuations in value between the non-U.S. dollar component currencies and the U.S. dollar.

The Fund may also use non-deliverable forward (“NDF”) contracts to execute its hedging transactions. An NDF is a contract where there is no physical settlement of two currencies at maturity. Rather, based on the movement of the currencies and the contractually agreed-upon exchange rate, a net cash settlement will be made by one party to the other in U.S. dollars.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities and currency forwards in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Fund), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or the Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or the Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Hedging Risk. When a derivative is used as a hedge against a position that the Fund or the Underlying Fund holds, any loss generated by the derivative generally should be substantially offset by gains on the hedged investment, and vice versa. While hedging can reduce or eliminate losses, it can also reduce or eliminate gains. Hedges are sometimes subject to imperfect matching between the derivative and its reference asset, and there can be no assurance that the Fund’s hedging transactions will be effective. In seeking to track the “hedging” component of the Underlying Index, the Fund invests in currency forward contracts (which may include both physically-settled forward contracts and NDFs) designed to hedge the currency exposure of non-U.S. dollar denominated securities held in its portfolio (directly or indirectly through its investment in the Underlying Fund). NDFs may be less liquid than deliverable currency forward contracts and require the Fund to post variation margin to the counterparty, which can increase costs for the Fund. A lack of liquidity in NDFs of the hedged currency could result in the Fund being unable to structure its hedging transactions as intended. In addition, BFA may seek to limit the size of the Fund in order to attempt to reduce the likelihood of a situation where the Fund is unable to obtain sufficient liquidity in an underlying currency hedge to implement its investment objective.

Currency forward contracts, including NDFs, do not eliminate movements in the value of non-U.S. currencies and securities but rather allow the Fund to establish a fixed rate of exchange for a future point in time. Exchange rates may be volatile and may change quickly and unpredictably in response to both global economic developments and economic conditions in a geographic region in which the Fund or the Underlying Fund invests. In addition, in order to minimize transaction costs, or for other reasons, the Fund’s exposure to the non-U.S. dollar component currencies may not be fully hedged at all times. At certain times, the Fund may use an optimized hedging strategy and will hedge a smaller number of non-U.S. dollar component currencies to reduce hedging costs. In addition, because the Fund’s currency hedge is reset on a monthly basis, currency risk can develop or increase intra-month. Furthermore, while the Fund is designed to hedge against currency fluctuations, it is possible that a degree of currency exposure may remain even at the time a hedging transaction is implemented. As a result, the Fund may not be able to structure its hedging transactions as anticipated or its hedging transactions may not successfully reduce the currency risk included in the Fund’s portfolio. Because currency forwards are over-the-counter instruments, the Fund is subject to counterparty risk as well as market or liquidity risk with respect to the hedging transactions the Fund enters into. Currency hedging activity exposes the Fund to credit risk due to counterparty exposure. This risk will be higher to the extent that the Fund trades with a single counterparty or small number of counterparties.

The effectiveness of the Fund’s currency hedging strategy will in general be affected by the volatility of both the Underlying Index and the volatility of the U.S. dollar relative to the currencies to be hedged, measured on an aggregate basis. Increased volatility in either or both of the Underlying Index and the U.S. dollar relative to the currencies to be hedged will generally reduce the effectiveness of the Fund’s currency hedging strategy. In addition, volatility in one or more of the currencies may offset stability in another currency and reduce the overall effectiveness of the hedges. The effectiveness of the Fund’s currency hedging strategy may also in general be affected by interest rates. Significant differences between U.S. dollar interest rates and some or all of the applicable foreign currency interest rates may impact the effectiveness of the Fund’s currency hedging strategy.

Currency Risk. Because the Fund's and the Underlying Fund's NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of one or more of the non-U.S. markets in which the Fund or the Underlying Fund invests depreciates against the U.S. dollar and the depreciation of one currency is not offset by appreciation in another currency and/or the Fund's attempt to hedge currency exposure to the depreciating currency or currencies is unsuccessful. Generally, an increase in the value of the U.S. dollar against the non-U.S. dollar component currencies will reduce the value of a security denominated in such currencies, as applicable. In addition, fluctuations in the exchange rates of currencies could affect the economy or particular business operations of companies in a geographic region, including securities in which the Fund or the Underlying Fund invests, causing an adverse impact on the Fund’s or the Underlying Fund’s investments in the affected region and the U.S. As a result, investors have the potential for losses regardless of the length of time they intend to hold Fund shares. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Custody Risk. Less developed securities markets are more likely than more developed securities markets to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Fund, the Fund's or the Underlying Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or the issuers of securities in which the Fund or the Underlying Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or issuers of securities in which the Fund or the Underlying Fund invests.

Derivatives Risk. The Fund will use currency forwards and NDFs to hedge the currency exposure resulting from investments in the foreign currency-denominated securities held by the Fund or the Underlying Fund. The Fund’s or the Underlying Fund's use of these instruments, like investments in other derivatives, may reduce the Fund’s or the Underlying Fund's returns, increase volatility and/or result in losses due to credit risk or ineffective hedging strategies. Volatility is defined as the characteristic of a security, a currency, an index or a market, to fluctuate significantly in price within a defined time period. Currency forwards, like other derivatives, are also subject to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. A risk of the Fund’s or the Underlying Fund's use of derivatives is that the fluctuations in their values may not correlate perfectly with the value of the currency or currencies being hedged as compared to that of the U.S. dollar. The possible lack of a liquid secondary market for derivatives and the resulting inability of the Fund or the Underlying Fund to sell or otherwise close a derivatives position could expose the Fund or the Underlying Fund to losses and could make derivatives more difficult for the Fund or the Underlying Fund to value accurately. The Fund or the Underlying Fund could also suffer losses related to its derivatives positions as a result of unanticipated market movements, which losses are potentially unlimited. BFA’s use of derivatives is not intended to predict the direction of securities prices, currency exchange rates, interest rates and other economic factors, which could cause the Fund’s derivatives positions to lose value. Derivatives may give rise to a form of leverage and may expose the Fund or the Underlying Fund to greater risk and increase its costs. Regulatory requirements may make derivatives more costly, may limit the availability of derivatives, and may delay or restrict the exercise of remedies by the Fund upon a counterparty default under derivatives held by the Fund (which could result in losses), remedies or termination rights by the Fund, and may otherwise adversely affect the value and performance of derivatives.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or the Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or the Underlying Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Investment in Underlying Fund Risk. The Fund expects to invest a substantial portion of its assets in the Underlying Fund, so the Fund’s investment performance is likely to be directly related to the performance of the Underlying Fund. The Fund’s NAV will change with changes in the value of the Underlying Fund and other instruments in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Fund, including as a result of the currency hedging activity conducted by the Fund.

As the Fund’s allocation to the Underlying Fund changes from time to time, or to the extent that the total annual fund operating expenses of the Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities and other instruments to which the Fund and the Underlying Fund have exposure. Changes in the financial condition or credit rating of an issuer of those securities or counterparty on other instruments may cause the value of the securities or instruments to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Fund face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, losses due to ineffective currency hedges, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S AND THE UNDERLYING FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or the Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or the Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or the Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or the Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund and the Underlying Fund are specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund and the Underlying Fund are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s or the Underlying Fund's service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Fund are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund or the Underlying Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund and the Underlying Fund invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund and the Underlying Fund are specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s and the Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s or the Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Emerging Markets. The Fund's or the Underlying Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund or the Underlying Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Securities Lending Risk. The Fund and the Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund or the Underlying Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's or the Underlying Fund's investments.

Structural Risk. The countries in which the Fund or the Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund invests in the Underlying Fund, the Fund’s realized losses on sales of shares of the Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by the Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of the Underlying Fund, if any, would not offset net capital gains of the Fund. Each of these effects is caused by the Fund’s investment in the Underlying Fund and may result in distributions to Fund shareholders being of higher magnitude and less likely to qualify for lower capital gain tax rates than if the Fund were to invest directly in the securities and other instruments comprising the Underlying Index. The Fund invests in derivatives. The federal income tax treatment of a derivative may not be as favorable as a direct investment in an underlying asset. Derivatives may produce taxable income and taxable realized gain. Derivatives may adversely affect the timing, character and amount of income the Fund realizes from its investments. As a result, a larger portion of the Fund’s distributions may be treated as ordinary income rather than as capital gains. In addition, certain derivatives are subject to mark-to-market or straddle provisions of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”). If such provisions are applicable, there could be an increase (or decrease) in the amount of taxable dividends paid by the Fund. Income from swaps is generally taxable. In addition, the tax treatment of certain derivatives, such as swaps, is unsettled and may be subject to future legislation, regulation or administrative pronouncements issued by the U.S. Internal Revenue Service (“IRS”).

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities (including shares of the Underlying Fund) and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund’s valuation of a security at the time of calculation of the Fund’s NAV), transaction and hedging costs incurred and forward rates achieved by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or other distributions, interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index and the cost to the Fund of complying with various new or existing regulatory requirements. These risks may be heightened during times of increased market volatility or other unusual market conditions in the affected securities and/or foreign exchange markets. In addition, tracking error may result because the Fund incurs fees and expenses, while the Underlying Index does not, and because the Fund accepts creations and redemptions during time periods between which it is able to adjust its currency hedges, whereas the Underlying Index does not adjust its hedging during these periods. To the extent that the Fund seeks its investment objective through investments in the Underlying Fund, the Fund may experience increased tracking error as compared to investing directly in the component securities of the Underlying Index. The potential for increased tracking error may result from investments in the Underlying Fund due to, among other things, differences in the composition of the investment portfolio of the Underlying Fund as compared to the index tracked by the Underlying Fund and differences in the timing of the Fund’s valuation of: (i) the Underlying Fund and the currency forward contracts (each valued as of the close of the New York Stock Exchange (“NYSE”), typically 4:00 p.m., Eastern Time), (ii) the valuation of the securities in the Underlying Index (generally valued as of each security’s local market close) and (iii) the currency forward contracts included in the Underlying Index (generally valued at 4:00 p.m., London time).

Valuation Risk. The price the Fund and the Underlying Fund could receive upon the sale of a security or unwind of a financial instrument or other asset may differ from the Fund's or the Underlying Fund's valuation of the security, instrument or other asset and from the value used by the Underlying Index, particularly for securities or other instruments that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other instruments in the Fund's or the Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or the Underlying Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund or the Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or the Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund’s or the Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 5.85% in the 3rd quarter of 2016; the worst was -10.22% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Currency Hedged MSCI ACWI ex U.S. ETF | iShares Currency Hedged MSCI ACWI ex U.S. ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.38%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.32%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.70%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.35%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.35%
1 Year rr_ExpenseExampleYear01 $ 36
3 Years rr_ExpenseExampleYear03 188
5 Years rr_ExpenseExampleYear05 355
10 Years rr_ExpenseExampleYear10 $ 837
2016 rr_AnnualReturn2016 7.32%
2017 rr_AnnualReturn2017 18.67%
2018 rr_AnnualReturn2018 (9.18%) [1]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 15.52%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2016
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 5.85%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (10.22%)
One Year rr_AverageAnnualReturnYear01 (9.18%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.51%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 29, 2015
iShares Currency Hedged MSCI ACWI ex U.S. ETF | Return After Taxes on Distributions | iShares Currency Hedged MSCI ACWI ex U.S. ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (9.56%) [2]
Since Fund Inception rr_AverageAnnualReturnSinceInception 1.76% [2]
iShares Currency Hedged MSCI ACWI ex U.S. ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Currency Hedged MSCI ACWI ex U.S. ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (4.91%) [2]
Since Fund Inception rr_AverageAnnualReturnSinceInception 1.93% [2]
iShares Currency Hedged MSCI ACWI ex U.S. ETF | MSCI ACWI ex USA 100% Hedged to USD Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (9.26%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.52%
[1] The Fund’s year-to-date return as of September 30, 2019 was 15.52%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 111 R253.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares MSCI EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI EAFE ETF Ticker: EFA                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI EAFE ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization developed market equities, excluding the U.S. and Canada.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 4% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 4.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI EAFE Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) to measure the equity market performance of developed markets outside of the U.S. and Canada. The Underlying Index includes stocks from Europe, Australasia and the Far East and, as of July 31, 2019, consisted of securities from the following 21 developed market countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally invests at least 90% of its assets in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index. The Fund may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 25.45% in the 2nd quarter of 2009; the worst was -18.98% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI EAFE ETF | iShares MSCI EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.32%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.32%
1 Year rr_ExpenseExampleYear01 $ 33
3 Years rr_ExpenseExampleYear03 103
5 Years rr_ExpenseExampleYear05 180
10 Years rr_ExpenseExampleYear10 $ 406
2009 rr_AnnualReturn2009 31.40%
2010 rr_AnnualReturn2010 7.53%
2011 rr_AnnualReturn2011 (12.18%)
2012 rr_AnnualReturn2012 17.22%
2013 rr_AnnualReturn2013 22.62%
2014 rr_AnnualReturn2014 (5.04%)
2015 rr_AnnualReturn2015 (0.90%)
2016 rr_AnnualReturn2016 0.96%
2017 rr_AnnualReturn2017 24.94%
2018 rr_AnnualReturn2018 (13.83%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 12.80%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 25.45%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (18.98%)
One Year rr_AverageAnnualReturnYear01 (13.83%)
Five Years rr_AverageAnnualReturnYear05 0.45%
Ten Years rr_AverageAnnualReturnYear10 6.20%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 14, 2001
iShares MSCI EAFE ETF | Return After Taxes on Distributions | iShares MSCI EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (14.28%) [3]
Five Years rr_AverageAnnualReturnYear05 (0.09%) [3]
Ten Years rr_AverageAnnualReturnYear10 5.76% [3]
iShares MSCI EAFE ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (7.50%) [3]
Five Years rr_AverageAnnualReturnYear05 0.52% [3]
Ten Years rr_AverageAnnualReturnYear10 5.23% [3]
iShares MSCI EAFE ETF | MSCI EAFE Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (13.79%)
Five Years rr_AverageAnnualReturnYear05 0.53%
Ten Years rr_AverageAnnualReturnYear10 6.32%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 12.80%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 112 BarChart43.png IDEA: XBRL DOCUMENT begin 644 BarChart43.png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�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end XML 113 R278.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares MSCI Europe Small-Cap ETF
iSHARES® MSCI EUROPE SMALL-CAP ETF Ticker: IEUS                                 Stock Exchange: NASDAQ
Investment Objective
The iShares MSCI Europe Small-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of small-capitalization developed market equities in Europe.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI Europe Small-Cap ETF | iShares MSCI Europe Small-Cap ETF 0.40% none none [1] 0.40%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares MSCI Europe Small-Cap ETF | iShares MSCI Europe Small-Cap ETF | USD ($) 41 128 224 505
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 17% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Europe Small Cap Index (the “Underlying Index”), which is a free float-adjusted, market capitalization-weighted index that captures small-capitalization representation across the 15 developed market countries in Europe, as defined by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index covers approximately 14% of the free float-adjusted market capitalization in the European equity markets. As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the industrials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Europe. The Fund is more exposed to the economic and political risks of Europe and of the European countries in which it invests than funds whose investments are more geographically diversified. Adverse economic and political events in Europe may cause the Fund’s investments to decline in value. The economies and markets of European countries are often closely connected and interdependent, and events in one country in Europe can have an adverse impact on other European countries. The Fund makes investments in securities of issuers that are domiciled in, or have significant operations in, member states of the European Union (the “EU”) that are subject to economic and monetary controls that can adversely affect the Fund’s investments. The European financial markets have experienced volatility and adverse trends in recent years and these events have adversely affected the exchange rate of the euro and may continue to significantly affect other European countries.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the EU (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 12.15%.
The best calendar quarter return during the periods shown above was 33.62% in the 2nd quarter of 2009; the worst was -20.50% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares MSCI Europe Small-Cap ETF
One Year
Five Years
Ten Years
Inception Date
iShares MSCI Europe Small-Cap ETF (19.82%) 2.74% 9.81% Nov. 12, 2007
iShares MSCI Europe Small-Cap ETF | Return After Taxes on Distributions [1] (20.26%) 2.24% 9.27%  
iShares MSCI Europe Small-Cap ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (11.18%) 2.19% 8.15%  
MSCI Europe Small Cap Index (Index returns do not reflect deductions for fees, expenses, or taxes) [2] (19.90%) 2.76% 10.06%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
[2] Index returns through August 31, 2014 reflect the performance of the FTSE Developed Small Cap ex-North America Index. Index returns beginning on September 1, 2014 reflect the performance of the MSCI Europe Small Cap Index.

XML 114 R50.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Core MSCI International Developed Markets ETF
iSHARES® CORE MSCI INTERNATIONAL DEVELOPED MARKETS ETF Ticker: IDEV                                 Stock Exchange: NYSE ARCA
Investment Objective
The iShares Core MSCI International Developed Markets ETF (the “Fund”) seeks to track the investment results of an index composed of large-, mid- and small-capitalization developed market equities, excluding the United States.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Core MSCI International Developed Markets ETF | iShares Core MSCI International Developed Markets ETF 0.05% none none [1] 0.05%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Core MSCI International Developed Markets ETF | iShares Core MSCI International Developed Markets ETF | USD ($) 5 16 28 64
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 5% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI World ex USA Investable Market Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) as an equity benchmark for international stock performance in non-U.S. developed markets. The Underlying Index is free float adjusted, market cap weighted, and is designed to measure large-, mid- and small-capitalization equity market performance and includes stocks from North America, Europe, Australasia and the Far East and, as of July 31, 2019, consisted of securities from the following 23 developed market countries or regions: Australia, Austria, Belgium, Brazil, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and industrials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Year Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 13.84%.
The best calendar quarter return during the periods shown above was 1.09% in the 3rd quarter of 2018; the worst was -13.10% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Core MSCI International Developed Markets ETF
One Year
Since Fund Inception
Inception Date
iShares Core MSCI International Developed Markets ETF (14.32%) 0.24% Mar. 21, 2017
iShares Core MSCI International Developed Markets ETF | Return After Taxes on Distributions [1] (14.78%) (0.24%)  
iShares Core MSCI International Developed Markets ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (7.87%) 0.36%  
MSCI World ex USA Investable Market Index (Index returns do not reflect deductions for fees, expenses, or taxes) (14.68%) (0.08%)  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 115 R119.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI Min Vol EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI MIN VOL EAFE ETF Ticker: EFAV                                 Stock Exchange: Cboe BZX
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI Min Vol EAFE ETF (the “Fund”) seeks to track the investment results of an index composed of developed market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed equity markets, excluding the U.S. and Canada.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fee in order to limit the Fund’s total annual fund operating expenses after fee waiver to 0.20% through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination November 30, 2021
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 22% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 22.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI EAFE Minimum Volatility (USD) Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) to measure the performance of international equity securities that in the aggregate have lower volatility relative to the MSCI EAFE Index (the “Parent Index”), which is a capitalization-weighted index. In constructing the Underlying Index, MSCI uses a rules-based methodology to select securities from the Parent Index and to determine the weightings of such securities in the Underlying Index. Under the rules-based methodology, securities and weightings of the Underlying Index are established based on pre-established parameters and discretionary factors are not relied on.

Generally, the rules-based methodology includes specified requirements for security eligibility, maximum and minimum weightings by security and, in some cases, by sector and country, established rules relating to handling of special dividends and other distributions and treatment of corporate events. In order to determine weightings by security within the Underlying Index, MSCI seeks to construct a portfolio of lowest absolute volatility, as measured by MSCI, using its multi-factor risk model. The portfolio is then further refined by an optimization tool that aims to determine the lowest absolute volatility based on the projected “riskiness” of securities in the Parent Index while applying constraints based on established minimum and maximum weightings of index constituents and sectors as well as factor constraints (for example, liquidity and financial leverage) as measured by MSCI.

The Underlying Index includes stocks from Europe, Australasia, the Middle East and the Far East and, as of July 31, 2019, consisted of securities from the following 19 developed market countries or regions: Australia, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the consumer staples and financials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Staples Sector Risk. The consumer staples sector may be affected by, among other things, marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Volatility Risk. Although the Underlying Index was created by the Index Provider to seek lower volatility than the Parent Index and the Fund's name reflects the name of the Underlying Index as provided by the Index Provider, there is no guarantee that the Index Provider will be successful in creating an index that minimizes volatility, and there is a risk that the Fund may experience more than minimum volatility. Securities in the Fund's portfolio may be subject to price volatility, and the prices may not be any less volatile than the market as a whole, and could be more volatile.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 10.22% in the 1st quarter of 2013; the worst was -7.51% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI Min Vol EAFE ETF | iShares Edge MSCI Min Vol EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.32%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.32%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.12%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.20%
1 Year rr_ExpenseExampleYear01 $ 20
3 Years rr_ExpenseExampleYear03 78
5 Years rr_ExpenseExampleYear05 155
10 Years rr_ExpenseExampleYear10 $ 381
2012 rr_AnnualReturn2012 11.51%
2013 rr_AnnualReturn2013 16.52%
2014 rr_AnnualReturn2014 4.61%
2015 rr_AnnualReturn2015 7.84%
2016 rr_AnnualReturn2016 (1.86%)
2017 rr_AnnualReturn2017 21.57%
2018 rr_AnnualReturn2018 (5.80%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 11.91%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 10.22%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (7.51%)
One Year rr_AverageAnnualReturnYear01 (5.80%)
Five Years rr_AverageAnnualReturnYear05 4.86%
Since Fund Inception rr_AverageAnnualReturnSinceInception 7.15%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 18, 2011
iShares Edge MSCI Min Vol EAFE ETF | Return After Taxes on Distributions | iShares Edge MSCI Min Vol EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (6.47%) [3]
Five Years rr_AverageAnnualReturnYear05 4.12% [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 6.46% [3]
iShares Edge MSCI Min Vol EAFE ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI Min Vol EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (2.86%) [3]
Five Years rr_AverageAnnualReturnYear05 3.76% [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 5.66% [3]
iShares Edge MSCI Min Vol EAFE ETF | MSCI EAFE Minimum Volatility (USD) Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (5.69%)
Five Years rr_AverageAnnualReturnYear05 4.93%
Since Fund Inception rr_AverageAnnualReturnSinceInception 7.24%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 11.91%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 116 R284.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares MSCI Kokusai ETF
iSHARES® MSCI KOKUSAI ETF Ticker: TOK                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares MSCI Kokusai ETF (the “Fund”) seeks to track the investment results of an index composed of developed market equities, excluding Japan.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI Kokusai ETF | iShares MSCI Kokusai ETF 0.25% none none [1] 0.25%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares MSCI Kokusai ETF | iShares MSCI Kokusai ETF | USD ($) 26 80 141 318
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 4% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Kokusai Index (the “Underlying Index”), which is designed to measure equity market performance in those countries that MSCI Inc. (the “Index Provider” or “MSCI”) has classified as having developed economies, excluding Japan (“DEEJ”). As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom (the “U.K.”) and the U.S. The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and technology industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 18.39%.
The best calendar quarter return during the periods shown above was 20.44% in the 2nd quarter of 2009; the worst was -17.60% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares MSCI Kokusai ETF
One Year
Five Years
Ten Years
Inception Date
iShares MSCI Kokusai ETF (8.12%) 4.93% 10.35% Dec. 10, 2007
iShares MSCI Kokusai ETF | Return After Taxes on Distributions [1] (8.66%) 4.27% 9.76%  
iShares MSCI Kokusai ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (4.37%) 3.80% 8.52%  
MSCI Kokusai Index (Index returns do not reflect deductions for fees, expenses, or taxes) (8.31%) 4.70% 10.15%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 117 R211.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Genomics Immunology and Healthcare ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® GENOMICS IMMUNOLOGY AND HEALTHCARE ETF Ticker: IDNA                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Genomics Immunology and Healthcare ETF (the “Fund”) seeks to track the investment results of an index composed of developed and emerging market companies that could benefit from the long-term growth and innovation in genomics, immunology and bioengineering.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. From inception, June 11, 2019, to the most recent fiscal year end, the Fund's portfolio turnover rate was 19% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 19.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the NYSE® FactSet® Global Genomics and Immuno Biopharma IndexTM (the “Underlying Index”), which measures the performance of equity securities issued by companies in the biopharmaceutical and healthcare equipment and services industries that could benefit from the long-term growth and innovation in genomics, immunology and bioengineering, as determined by ICE Data Indices, LLC or its affiliates (the “Index Provider” or “IDI”). The Underlying Index is composed of equity securities primarily listed in one of 43 developed and emerging market countries. Companies must have equal to or greater than 50% of their revenue from one or more selected Level 6 industries, as defined by the FactSet Revere Business Industry Classification System (“RBICS”), which includes biopharmaceutical industries, healthcare equipment industries, and healthcare services industries. Companies selected from these industries are assigned a Genomics and Immuno Biopharma Composite Relationship Keyword score (a “Score”). To compute a Score for a company, the Index Provider searches the FactSet Supply Chain Relationships database for keywords related to genomics and immunology products and technologies. A Score is provided to each company identified in the database search based on the number of relationships a company has to genomics and immunology products. The top 50 companies with the highest Scores are selected for inclusion in the Underlying Index.The Underlying Index will be reviewed and reconstituted annually in December each year. Constituent weights of the Underlying Index are determined according to float-adjusted market capitalization and are rebalanced semi-annually. Individual constituents are capped at 4% of the Underlying Index. The aggregate weight of component securities classified in the RBICS Level 6 industry Diversified Biopharmaceuticals is capped at 25%, with excess weight redistributed proportionately among remaining constituents. The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019 a significant portion of the Underlying Index is represented by securities of companies in the healthcare industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund. During the first year of its operations, the Fund may not be able to purchase or gain exposure to certain of the component securities in the Underlying Index or may hold fewer of or have less exposure to such securities than contemplated by the Underlying Index. As a result, BFA expects that the Fund may experience higher tracking error than is typical for similar index ETFs.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by IDI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Biopharmaceuticals Industry Risk. Companies in the biopharmaceuticals industry may be highly volatile and affected by industry competition, dependency on a limited number of products, obsolescence of products, government approvals and regulations, loss or impairment of intellectual property rights and litigation regarding product liability.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Healthcare Sector Risk. The profitability of companies in the healthcare sector may be affected by government regulations and government healthcare programs, increases or decreases in the cost of medical products and services, an increased emphasis on outpatient services, and product liability claims, among other factors. Many healthcare companies are heavily dependent on patent protection, and the expiration of a company’s patent may adversely affect that company’s profitability. Healthcare companies are subject to competitive forces that may result in price discounting, and may be thinly capitalized and susceptible to product obsolescence.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk and North American Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Thematic Investing Risk. The Fund relies on the Index Provider for the identification of securities for inclusion in the Underlying Index that reflect themes and sub-themes and its performance may suffer if such securities are not correctly identified or if a theme or sub-theme develops in an unexpected manner. Performance may also suffer if the stocks included in the Underlying Index do not benefit from the development of such themes or sub-themes. Performance may also be impacted by the inclusion of non-theme-relevant exposures in the Underlying Index. There is no guarantee that the Underlying Index will reflect the theme and sub-theme exposures intended.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. BFA EXPECTS THAT THE FUND MAY EXPERIENCE HIGHER TRACKING ERROR THAN IS TYPICAL FOR SIMILAR INDEX ETFs, ESPECIALLY BEFORE THE FUND REACHES SUFFICIENT SCALE AND FURTHER BROADENS ITS HOLDINGS.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
iShares Genomics Immunology and Healthcare ETF | iShares Genomics Immunology and Healthcare ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.47%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.47%
1 Year rr_ExpenseExampleYear01 $ 48
3 Years rr_ExpenseExampleYear03 $ 151
[1] The amount rounded to 0.00%.
XML 118 R178.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI USA Momentum Factor ETF
iSHARES® EDGE MSCI USA MOMENTUM FACTOR ETF Ticker: MTUM                                 Stock Exchange: Cboe BZX
Investment Objective
The iShares Edge MSCI USA Momentum Factor ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks exhibiting relatively higher price momentum.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Edge MSCI USA Momentum Factor ETF | iShares Edge MSCI USA Momentum Factor ETF 0.15% none none [1] 0.15%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI USA Momentum Factor ETF | iShares Edge MSCI USA Momentum Factor ETF | USD ($) 15 48 85 192
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 138% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI USA Momentum Index (the “Underlying Index”), which consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index (the “Parent Index”), as determined by MSCI Inc. (the “Index Provider” or “MSCI”). The Parent Index includes U.S. large- and mid-capitalization stocks, as defined by MSCI. The Underlying Index is designed to measure the performance of an equity momentum strategy by emphasizing stocks with high price momentum, while maintaining reasonably high trading liquidity, investment capacity and moderate index turnover, each as determined by the Index Provider.

A risk-adjusted price momentum, defined by MSCI as the excess return over the risk-free rate divided by the annualized standard deviation of weekly returns over the past 3-years, is calculated for each security in the Parent Index over 6- and 12-month time periods. The 6- and 12-month risk-adjusted price momentum calculations are then standardized at plus- or minus-3 standard deviations and translated into an average momentum score. The weight of each Underlying Index constituent is determined by multiplying the security’s momentum score by its market capitalization-weight in the Parent Index. Additionally, each individual issuer is capped at 5%. MSCI uses an algorithm to determine the number of components in the Underlying Index based on the number of constituents in the Parent Index. The number of components is evaluated semi-annually. As of July 31, 2019, there were 124 securities in the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

High Portfolio Turnover Risk. High portfolio turnover (considered by the Fund to mean higher than 100% annually) may result in increased transaction costs to the Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Momentum Securities Risk. Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 20.53%.
The best calendar quarter return during the periods shown above was 9.42% in the 1st quarter of 2017; the worst was -15.61% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI USA Momentum Factor ETF
One Year
Five Years
Since Fund Inception
Inception Date
iShares Edge MSCI USA Momentum Factor ETF (1.77%) 12.11% 13.69% Apr. 16, 2013
iShares Edge MSCI USA Momentum Factor ETF | Return After Taxes on Distributions [1] (2.04%) 11.79% 13.35%  
iShares Edge MSCI USA Momentum Factor ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (0.82%) 9.63% 11.02%  
MSCI USA Momentum Index (Index returns do not reflect deductions for fees, expenses, or taxes) (1.61%) 12.31% 13.90%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 119 R31.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Core Growth Allocation ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iShares Core Growth Allocation ETF Ticker: AOR                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Core Growth Allocation ETF (the “Fund”) seeks to track the investment results of an index composed of a portfolio of underlying equity and fixed income funds intended to represent a growth allocation target risk strategy.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.  The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination November 30, 2021
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund and the iShares funds in which the Fund invests (each, an “Underlying Fund” and collectively, the “Underlying Funds”), may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolio). A higher portfolio turnover rate for the Fund or Underlying Funds may indicate higher transaction costs and may cause the Fund or Underlying Funds to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to Underlying Funds included as part of Acquired Fund Fees and Expenses), affect the Fund's performance. To the extent an Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. During the most recent fiscal year, the Fund’s portfolio turnover rate was 4% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 4.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows:
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund is a fund of funds and seeks to achieve its investment objective by investing primarily in Underlying Funds that themselves seek investment results corresponding to their own respective underlying indexes. The Underlying Funds invest primarily in distinct asset classes, such as large- or mid-capitalization U.S. or non-U.S. equity, the aggregate bond market (including USD-denominated bonds) or the U.S. Treasury bond market; each such asset class has its own risk profile.

The S&P Target Risk Growth Index (the “Underlying Index”) is composed of a portfolio of equity and fixed-income Underlying Funds and measures the performance of the S&P Dow Jones Indices LLC (the “Index Provider” or “SPDJI”) proprietary allocation model that is intended to represent a “growth” target risk allocation strategy as defined by SPDJI. The Underlying Index seeks to provide increased exposure to equities, while also using some fixed income exposure to dampen risk. SPDJI’s estimation of a growth target risk allocation may differ from your own.

The Fund is designed for investors seeking moderate capital appreciation and some opportunity for current income and capital preservation. As of July 31, 2019, the Underlying Index included a fixed allocation of 60% of its assets in Underlying Funds that invest primarily in equity securities and 40% of its assets in Underlying Funds that invest primarily in bonds. As of July 31, 2019, the Fund invested approximately 58.94% of its assets in Underlying Funds that invest primarily in equity securities, 40.93% of its assets in Underlying Funds that invest primarily in bonds and the remainder of its assets in Underlying Funds that invest primarily in money market instruments.

As of July 31, 2019, the Fund invested in the iShares Core International Aggregate Bond ETF, iShares Core MSCI Emerging Markets ETF, iShares Core MSCI International Developed Markets ETF, iShares Core S&P 500 ETF, iShares Core S&P Mid-Cap ETF, iShares Core S&P Small-Cap ETF, iShares Core Total USD Bond Market ETF and money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”). BFA may add, eliminate or replace any or all Underlying Funds at any time. As of July 31, 2019, a significant portion of the Underlying Index is represented by companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and an Underlying Fund may or may not hold all of the securities in the applicable Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is a product of SPDJI which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Funds), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Affiliated Fund Risk. In managing the Fund, BFA will have the ability to select Underlying Funds and substitute Underlying Funds with other exchange-traded funds (“ETFs”) that it believes will achieve the Fund’s objective. BFA may be subject to potential conflicts of interest in selecting Underlying Funds and substituting Underlying Funds with other ETFs because the fees paid to BFA by some Underlying Funds and other ETFs managed by BFA may be higher than the fees paid by other Underlying Funds. If an Underlying Fund or other ETF holds interests in an affiliated fund in excess of a certain amount, the Fund may be prohibited from purchasing shares of that Underlying Fund or other ETF.

Allocation Risk. The Fund’s ability to achieve its investment objective depends upon the Index Provider's ability to develop a model that accurately assesses the Fund’s asset class allocation and selects the best mix of Underlying Funds and other ETFs. There is a risk that the Index Provider's evaluations and assumptions regarding asset classes or Underlying Funds, which are utilized as inputs in the model, may be incorrect in view of actual market conditions.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or an Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk.  Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for ETFs, such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund or an Underlying Fund may “call” or repay the security before its stated maturity, and the Fund or an Underlying Fund may have to reinvest the proceeds in securities with lower yields, which would result in a decline in the Fund's income, or in securities with greater risks or with other less favorable features.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or an Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may be unable or unwilling to make timely interest and/or principal payments when due or otherwise honor their obligations. Changes in an issuer’s credit rating or the market’s perception of an issuer’s creditworthiness may also adversely affect the value of the Fund’s or an Underlying Fund's investment in that issuer. The degree of credit risk depends on an issuer's or counterparty's financial condition and on the terms of an obligation.

Currency Risk. Because the Fund's and the Underlying Funds' NAVs are determined in U.S. dollars, the Fund's NAV could decline if a currency of a non-U.S. market in which a Fund or an Underlying Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Funds, the Funds' or the Underlying Funds' adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Derivatives Risk. The Fund or an Underlying Fund may invest in certain types of derivatives contracts, including futures, options and swaps, which can be more sensitive to changes in interest rates or to sudden fluctuations in market prices than conventional securities, which can result in greater losses to the Fund.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. Certain Underlying Funds invest in common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s or an Underlying Fund's investments.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or an Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or an Underlying Fund's investments in the affected region.

High Portfolio Turnover Risk. High portfolio turnover (considered by the Fund and the Underlying Funds to mean higher than 100% annually) may result in increased transaction costs to the Fund or an Underlying Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” which may include those bonds rated below “BBB-” by Standard & Poor’s® Global Ratings, a subsidiary of S&P Global, Inc. (“S&P Global Ratings”) and Fitch Ratings, Inc. (“Fitch”) or “Baa3” by Moody's Investors Service, Inc. (“Moody's”)), or are unrated, may be deemed speculative, may involve greater levels of risk than higher-rated securities of similar maturity and may be more likely to default.

Income Risk. The Fund's income may decline if interest rates fall. This decline in income can occur because the Fund or an Underlying Fund may subsequently invest in lower-yielding bonds when bonds in its portfolio mature, are near maturity or are called, bonds in the Underlying Index are substituted, or the Fund or an Underlying Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Interest Rate Risk. An increase in interest rates may cause the value of securities held by the Fund or an Underlying Fund to decline, may lead to heightened volatility in the fixed-income markets and may adversely affect the liquidity of certain fixed-income investments. The historically low interest rate environment, together with recent modest rate increases, heightens the risks associated with rising interest rates.

Investment in Underlying Funds Risk. The Fund invests substantially all of its assets in the Underlying Funds, so the Fund’s investment performance is directly related to the performance of the Underlying Funds. The Fund’s NAV will change with changes in the value of the Underlying Funds and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Funds.

As the Underlying Funds, or the Fund’s allocations among the Underlying Funds, change from time to time, or to the extent that the total annual fund operating expenses of any Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund or an Underlying Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund or the Underlying Funds will not fully replicate their respective indexes, they are subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Funds could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Funds face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Model Risk. Neither the Fund nor BFA can offer assurances that the Underlying Index's allocation model will achieve its intended results or maximize returns or minimize risk, or be appropriate for every investor seeking a particular risk profile.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Funds trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or an Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or an Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or an Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or an Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund and the Underlying Funds are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Funds and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Funds are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Prepayment Risk. During periods of falling interest rates, issuers of certain debt obligations may repay principal prior to the security’s maturity, which may cause the Fund to have to reinvest in securities with lower yields or higher risk of default, resulting in a decline in the Fund’s income or return potential.

Reinvestment Risk. The Fund or an Underlying Fund may invest a portion of its assets in short-term fixed-income instruments and, as a result, may be adversely affected if interest rates fall because they may have to invest in lower-yielding bonds as bonds mature.

Reliance on Trading Partners Risk. The Fund and certain Underlying Funds invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s or an Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s or an Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund or the Underlying Funds has exposure.

Securities Lending Risk. The Fund or an Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Funds may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Funds could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund or an Underlying Fund.

Structural Risk. The countries in which the Fund or an Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund is expected to invest in the Underlying Funds, the Fund’s realized losses on sales of shares of an Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by an Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of an Underlying Fund, if any, would not offset net capital gains of the Fund.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of a fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in a fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because a fund incurs fees and expenses, while the Underlying Index does not. The Underlying Funds are also subject to tracking error risk in seeking to track their own performance of the applicable underlying indexes.

Treaty/Tax Risk. Certain of the Underlying Funds invest all of their assets that are invested in India in wholly owned subsidiaries located in the Republic of Mauritius (the “Subsidiaries”). These Underlying Funds and the Subsidiaries rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, an Underlying Fund may continue to invest in a Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.

Valuation Risk. The price the Fund or an Underlying Fund could receive upon the sale of a security or other asset may differ from the Fund's or the Underlying Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's or an Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or an Underlying Fund's shares. Authorized Participants who purchase or redeem shares of the Fund or an Underlying Fund on days when the Fund or an Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or an Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund’s or an Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 11.79% in the 3rd quarter of 2009; the worst was -9.44% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Core Growth Allocation ETF | iShares Core Growth Allocation ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.25%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.06%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.31%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.06%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.25%
1 Year rr_ExpenseExampleYear01 $ 26
3 Years rr_ExpenseExampleYear03 87
5 Years rr_ExpenseExampleYear05 162
10 Years rr_ExpenseExampleYear10 $ 381
2009 rr_AnnualReturn2009 19.10%
2010 rr_AnnualReturn2010 11.06%
2011 rr_AnnualReturn2011 1.16%
2012 rr_AnnualReturn2012 11.36%
2013 rr_AnnualReturn2013 15.92%
2014 rr_AnnualReturn2014 6.22%
2015 rr_AnnualReturn2015 (1.08%)
2016 rr_AnnualReturn2016 6.67%
2017 rr_AnnualReturn2017 15.88%
2018 rr_AnnualReturn2018 (5.84%) [1]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 13.07%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 11.79%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (9.44%)
One Year rr_AverageAnnualReturnYear01 (5.84%)
Five Years rr_AverageAnnualReturnYear05 4.11%
Ten Years rr_AverageAnnualReturnYear10 7.76%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 04, 2008
iShares Core Growth Allocation ETF | Return After Taxes on Distributions | iShares Core Growth Allocation ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (6.50%) [2]
Five Years rr_AverageAnnualReturnYear05 3.29% [2]
Ten Years rr_AverageAnnualReturnYear10 7.05% [2]
iShares Core Growth Allocation ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Core Growth Allocation ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (3.19%) [2]
Five Years rr_AverageAnnualReturnYear05 2.99% [2]
Ten Years rr_AverageAnnualReturnYear10 6.12% [2]
iShares Core Growth Allocation ETF | S&P Target Risk Growth Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (5.69%)
Five Years rr_AverageAnnualReturnYear05 4.21%
Ten Years rr_AverageAnnualReturnYear10 7.87%
[1] The Fund’s year-to-date return as of September 30, 2019 was 13.07%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 120 R184.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI USA Quality Factor ETF
iSHARES® EDGE MSCI USA QUALITY FACTOR ETF Ticker: QUAL                                 Stock Exchange: Cboe BZX
Investment Objective
The iShares Edge MSCI USA Quality Factor ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Edge MSCI USA Quality Factor ETF | iShares Edge MSCI USA Quality Factor ETF 0.15% none none [1] 0.15%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI USA Quality Factor ETF | iShares Edge MSCI USA Quality Factor ETF | USD ($) 15 48 85 192
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 41% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI USA Sector Neutral Quality Index (the “Underlying Index”), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index (the “Parent Index”). The Parent Index includes U.S. large- and mid-capitalization stocks, as defined by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index seeks to measure the performance of securities in the Parent Index that exhibit higher quality characteristics relative to their peers within the corresponding Global Industry Classification Standard (GICS®) sector. To construct the Underlying Index, the Index Provider determines the quality score of each security in the Parent Index based on three fundamental variables: high return on equity, low earnings variability and low leverage. The Underlying Index is weighted based on a component's quality score multiplied by its weight in the parent index. Weights in the Underlying Index are next normalized so that sectors in the Underlying Index represent the same weight as in the Parent Index. Additionally, each individual issuer capped at 5%. As of July 31, 2019, there were 125 securities in the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Quality Stocks Risk. Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock’s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 22.08%.
The best calendar quarter return during the periods shown above was 8.75% in the 3rd quarter of 2018; the worst was -14.71% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI USA Quality Factor ETF
One Year
Five Years
Since Fund Inception
Inception Date
iShares Edge MSCI USA Quality Factor ETF (5.77%) 8.19% 10.02% Jul. 16, 2013
iShares Edge MSCI USA Quality Factor ETF | Return After Taxes on Distributions [1] (6.18%) 7.73% 9.56%  
iShares Edge MSCI USA Quality Factor ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (3.08%) 6.41% 7.94%  
MSCI USA Sector Neutral Quality Index (Index returns do not reflect deductions for fees, expenses, or taxes) [2] (5.64%) 8.35% 10.20%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
[2] Index returns through August 31, 2015 reflect the performance of the MSCI USA Quality Index. Index returns beginning on September 1, 2015 reflect the performance of the MSCI USA Sector Neutral Quality Index.
XML 121 R236.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares MSCI All Country Asia ex Japan ETF
iSHARES® MSCI ALL COUNTRY ASIA ex JAPAN ETF Ticker: AAXJ                                 Stock Exchange: NASDAQ
Investment Objective
The iShares MSCI All Country Asia ex Japan ETF (the “Fund”) seeks to track the investment results of an index composed of Asian equities, excluding Japan.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares MSCI All Country Asia ex Japan ETF | iShares MSCI All Country Asia ex Japan ETF 0.68% none none [1] none [1] 0.68% none 0.68%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares MSCI All Country Asia ex Japan ETF | iShares MSCI All Country Asia ex Japan ETF | USD ($) 69 218 379 847
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 17% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI AC Asia ex Japan Index (the “Underlying Index”), which, as of July 31, 2019, is a free float-adjusted market capitalization index designed to measure equity market performance of securities from the following 11 developed and emerging market countries or regions: China, Hong Kong, India, Indonesia, Malaysia, Pakistan, the Philippines, Singapore, South Korea, Taiwan and Thailand. The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and technology industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund invests all of its assets that are invested in India through a wholly-owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term “Fund,” as used in this Prospectus, means the Fund and/or the Subsidiary, as applicable.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Custody Risk. Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Lack of Natural Resources Risk. Certain economies to which the Fund may be exposed have few natural resources. Any fluctuation or shortage in the commodity markets could have a negative impact on those economies.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Security Risk, Asian Structural Risk and Risk of Investing in Asia

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Risk of Investing in Asia and U.S. Economic Risk.

Risk of Investing in Asia. Investments in securities of issuers in certain Asian countries involve risks that are specific to Asia, including certain legal, regulatory, political and economic risks. Certain Asian countries have experienced expropriation and/or nationalization of assets, confiscatory taxation, political instability, armed conflict and social instability as a result of religious, ethnic, socio-economic and/or political unrest. In particular, escalated tensions involving North Korea and any outbreak of hostilities involving North Korea, or even the threat of an outbreak of hostilities, could have a severe adverse effect on Asian economies. Some economies in this region are dependent on a range of commodities, and are strongly affected by international commodity prices and particularly vulnerable to price changes for these products. The market for securities in this region may also be directly influenced by the flow of international capital, and by the economic and market conditions of neighboring countries. Many Asian economies have experienced rapid growth and industrialization, and there is no assurance that this growth rate will be maintained. Some Asian economies are highly dependent on trade, institution of tariffs or other trade barriers and economic conditions in other countries can impact these economies.

Risk of Investing in China. Investments in Chinese securities, including certain Hong Kong-listed securities, subject the Fund to risks specific to China. Investments in certain Hong Kong-listed securities may also subject the Fund to exposure to Chinese companies. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the last few decades, the Chinese government has undertaken reform of economic and market practices and has expanded the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. China has experienced security concerns, such as terrorism and strained international relations. Additionally, China is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Chinese government or Chinese companies, may impact China’s economy and Chinese issuers of securities in which the Fund invests. Incidents involving China's or the region's security may cause uncertainty in Chinese markets and may adversely affect the Chinese economy and the Fund's investments. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of additional tariffs or other trade barriers (including as a result of heightened trade tensions between China and the U.S., or in response to actual or alleged Chinese cyber activity) or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, the Fund may continue to invest in the Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 5.22%.
The best calendar quarter return during the periods shown above was 33.18% in the 2nd quarter of 2009; the worst was -21.10% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares MSCI All Country Asia ex Japan ETF
One Year
Five Years
Ten Years
Inception Date
iShares MSCI All Country Asia ex Japan ETF (14.81%) 3.29% 8.73% Aug. 13, 2008
iShares MSCI All Country Asia ex Japan ETF | Return After Taxes on Distributions [1] (15.13%) 2.83% 8.36%  
iShares MSCI All Country Asia ex Japan ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (8.38%) 2.54% 7.22%  
MSCI AC Asia ex Japan Index (Index returns do not reflect deductions for fees, expenses, or taxes) (14.37%) 4.02% 10.09%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
GRAPHIC 122 BarChart26.png IDEA: XBRL DOCUMENT begin 644 BarChart26.png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arChart22.png IDEA: XBRL DOCUMENT begin 644 BarChart22.png MB5!.1PT*&@H -24A$4@ )SLG7F 7M/]_]_G M>69&,MDH22@M+4)"5=+:0RS12HC46FV_I2W:J*6EM@A"I"$$*=6@M-K\JK'O MI;4445&*4GSKBY)(:"29[)/(S#SW]\?,?9YSS_V<<\_=[SSS>3%Y[CWW[-OG M?#[G+L)Q' <,PS ,PY"4\LX PS ,PQ09%I0,PS ,8X %)<,P#,,88$'), S# M, 984#(,PS", 1:4#,,P#&. !27#, S#&&!!R3 ,PS &6% R#,,PC $6E S# M, QC@ 4EPS ,PQA@0/#@O+/!, S#U"&+%R_&H$�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end GRAPHIC 124 BarChart42.png IDEA: XBRL DOCUMENT begin 644 BarChart42.png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arChart46.png IDEA: XBRL DOCUMENT begin 644 BarChart46.png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end XML 126 R137.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI Min Vol USA ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI MIN VOL USA ETF Ticker: USMV                                 Stock Exchange: Cboe BZX
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI Min Vol USA ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 21% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 21.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI USA Minimum Volatility (USD) Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) to measure the performance of large and mid-capitalization equity securities listed on stock exchanges in the U.S. that, in the aggregate, have lower volatility relative to the large- and mid-cap U.S. equity market. In constructing the Underlying Index, MSCI uses a rules-based methodology to select securities from the MSCI USA Index (the “Parent Index”), which is a capitalization-weighted index, and to determine the weightings of such securities in the Underlying Index. Under the rules-based methodology, securities and weightings of the Underlying Index are established based on pre-established parameters and discretionary factors are not relied on.

Generally, the rules-based methodology includes specified requirements for security eligibility, maximum and minimum weightings by security and, in some cases, by sector and country, established rules relating to handling of special dividends and other distributions and treatment of corporate events. In order to determine weightings by security within the Underlying Index, MSCI seeks to construct a portfolio of the lowest absolute volatility, as measured by MSCI, using its multi-factor risk model. The portfolio is then further refined by an optimization tool that aims to determine the lowest absolute volatility based on the projected “riskiness” of securities in the Parent Index while applying constraints based on established minimum and maximum weightings of index constituents and sectors as well as factor constraints (for example, liquidity and financial leverage) as measured by MSCI.

The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Volatility Risk. Although the Underlying Index was created by the Index Provider to seek lower volatility than the Parent Index and the Fund's name reflects the name of the Underlying Index as provided by the Index Provider, there is no guarantee that the Index Provider will be successful in creating an index that minimizes volatility, and there is a risk that the Fund may experience more than minimum volatility. Securities in the Fund's portfolio may be subject to price volatility, and the prices may not be any less volatile than the market as a whole, and could be more volatile.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 13.39% in the 1st quarter of 2013; the worst was -7.56% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI Min Vol USA ETF | iShares Edge MSCI Min Vol USA ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.15%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.15%
1 Year rr_ExpenseExampleYear01 $ 15
3 Years rr_ExpenseExampleYear03 48
5 Years rr_ExpenseExampleYear05 85
10 Years rr_ExpenseExampleYear10 $ 192
2012 rr_AnnualReturn2012 11.04%
2013 rr_AnnualReturn2013 25.11%
2014 rr_AnnualReturn2014 16.34%
2015 rr_AnnualReturn2015 5.50%
2016 rr_AnnualReturn2016 10.50%
2017 rr_AnnualReturn2017 18.97%
2018 rr_AnnualReturn2018 1.36% [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 24.00%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 13.39%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (7.56%)
One Year rr_AverageAnnualReturnYear01 1.36%
Five Years rr_AverageAnnualReturnYear05 10.34%
Since Fund Inception rr_AverageAnnualReturnSinceInception 12.91%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 18, 2011
iShares Edge MSCI Min Vol USA ETF | Return After Taxes on Distributions | iShares Edge MSCI Min Vol USA ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 0.83% [3]
Five Years rr_AverageAnnualReturnYear05 9.76% [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 12.34% [3]
iShares Edge MSCI Min Vol USA ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI Min Vol USA ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 1.14% [3]
Five Years rr_AverageAnnualReturnYear05 8.10% [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 10.45% [3]
iShares Edge MSCI Min Vol USA ETF | MSCI USA Minimum Volatility (USD) Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 1.55%
Five Years rr_AverageAnnualReturnYear05 10.52%
Since Fund Inception rr_AverageAnnualReturnSinceInception 13.10%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 24.00%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 127 R86.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Cybersecurity and Tech ETF
iSHARES® CYBERSECURITY AND TECH ETF Ticker: IHAK                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Cybersecurity and Tech ETF (the “Fund”) seeks to track the investment results of an index composed of developed and emerging market companies that are involved in cyber security and technology, including cyber security hardware, software, products, and services.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Cybersecurity and Tech ETF | iShares Cybersecurity and Tech ETF 0.47% none none [1] 0.47%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
iShares Cybersecurity and Tech ETF | iShares Cybersecurity and Tech ETF | USD ($) 48 151
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. From inception, June 11, 2019, to the most recent fiscal year end, the Fund's portfolio turnover rate was 8% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the NYSE® FactSet® Global Cyber Security IndexTM (the “Underlying Index”), which measures the performance of equity securities issued by companies involved in cyber security and technology, including cyber security hardware, software, products, and services (as determined by ICE Data Indices, LLC (the “Index Provider” or “IDI”)). The Underlying Index is composed of equity securities of companies primarily listed in one of 43 developed or emerging market countries that are the most involved in, or exposed to, (as determined by the Index Provider) a cyber hardware or cyber software and services FactSet® Revere Business Industry Classification systems (“RBICS”) sub-industry. As of July 31, 2019, there are 39 companies included in the Underlying Index. 9 of these companies are located in foreign countries, 7 of which are located in non-U.S. developed markets and 2 of which are located in emerging markets.

The Index Provider first conducts fundamental research to establish a universe of RBICS sectors that participate in providing cyber hardware or cyber software and services, and that universe is further refined to include only the most relevant RBICS sub-sectors (as determined by the Index Provider) related to cyber hardware or cyber software activities (e.g., customer premises network security equipment producers, network security software providers, and aerospace and defense IT service providers). In constructing the Underlying Index, the Index Provider maps a universe of the most liquid and publicly-traded companies based on their primary lines of business. The Index Provider uses revenues as the key factor in determining a company’s primary line of business, by mapping a company to the sub-industry from which it derives 50% or more of its revenues. The companies within these sub-sectors are then ranked based on the data and information in their public filings and disclosures (e.g., regulatory filings, earning transcripts, etc.) to arrive at a group of the most relevant RBICS sub-industries (as determined by RBICS) related to cyber hardware or cyber software activities, and the Underlying Index includes the companies that derive 50% or more of their revenue from a RBICS sub-industry with exposure to the cyber hardware or cyber software and services theme, as determined by the Index Provider.

The Index Provider’s methodology does not require that at least one company from each of the sub-industries be included in the Underlying Index. In addition, companies included in the Underlying Index may also operate business lines that generate revenue in other industries. To be included in the Underlying Index, companies must also have a float-adjusted market capitalization of $300 million or greater, but existing constituents could remain in the Underlying Index if the company's float-adjusted market capitalization is equal to or greater than $225 million. In addition, companies must have a three month average daily trading value (“ADTV”) of $2 million or greater, but existing constituents could remain in the Underlying Index if the company’s three-month ADTV is equal to or greater than $1.5 million.

The Underlying Index is reconstituted annually, rebalanced semi-annually and weighted by float-adjusted market capitalization with individual constituents capped at 4% of the index. The Underlying Index may include large-, mid- or small-capitalization companies.

As of July 31, 2019 a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by IDI or its affiliates which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Risk of Breach. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Risk of Investing in Cyber Security Companies. Cyber security companies are companies that provide products and services intended to protect the integrity of data and network operations for private and public networks, computers and mobile devices. Like other types of technology and industrials companies, cybersecurity companies are generally subject to the risks of rapidly changing technologies, short product life cycles, fierce competition, aggressive pricing and reduced profit margins, loss of patent, copyright and trademark protections, cyclical market patterns, evolving industry standards and frequent new product introductions. These companies may also be smaller and less experienced companies, with limited product lines, markets, qualified personnel or financial resources. Such companies may not be exclusively or substantially exposed to companies that provide products or services intended to protect the integrity of data and network operations, but may be exposed to the market and business risks of other companies, industries or sectors, and the Fund may be adversely affected by negative developments impacting those other companies, industries and sectors.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Thematic Investing Risk. The Fund relies on the Index Provider for the identification of securities for inclusion in the Underlying Index that reflect themes and sub-themes and its performance may suffer if such securities are not correctly identified or if a theme or sub-theme develops in an unexpected manner. Performance may also suffer if the stocks included in the Underlying Index do not benefit from the development of such themes or sub-themes. Performance may also be impacted by the inclusion of non-theme-relevant exposures in the Underlying Index. There is no guarantee that the Underlying Index will reflect the theme and sub-theme exposures intended.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. BFA EXPECTS THAT THE FUND MAY EXPERIENCE HIGHER TRACKING ERROR THAN IS TYPICAL FOR SIMILAR INDEX EXCHANGE-TRADED FUNDS (“ETFs”).

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
XML 128 R271.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares MSCI EAFE Value ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI EAFE VALUE ETF Ticker: EFV                                 Stock Exchange: Cboe BZX
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI EAFE Value ETF (the “Fund”) seeks to track the investment results of an index composed of developed market equities, excluding the U.S. and Canada, that exhibit value characteristics.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 21% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 21.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI EAFE Value Index (the “Underlying Index”), which is a subset of the MSCI EAFE Index. The MSCI EAFE Index has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) to measure the equity market performance of developed markets outside of the U.S. and Canada.

Constituents of the Underlying Index include securities from Europe, Australasia and the Far East. The Underlying Index targets approximately 50% coverage of the free float-adjusted market capitalization of the MSCI EAFE Index and consists of those securities classified by MSCI as most representing the value style of investing. Securities classified in this style generally tend to have higher value characteristics (i.e., higher book value to price, 12-month forward earnings to price and dividend yield). MSCI uses a specialized framework to attribute both value and growth style characteristics to each security within the MSCI EAFE Index. Each security is evaluated based on certain value factors and growth factors, which are then used to calculate a value score and growth score. Based upon these two scores, MSCI determines the extent to which each security is assigned to the value or growth style. It is possible for a single security to have representation in both the value and growth style indexes; however, no more than 100% of a security’s float-adjusted market capitalization will be included within the combined style framework. The Underlying Index may include large- or mid-capitalization companies.

As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally invests at least 90% of its assets in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index. The Fund may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Dividend Risk. There is no guarantee that issuers of the stocks held by the Fund will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the European Union (the “EU”) (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Value Securities Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. Value securities have generally performed better than non-value securities during periods of economic recovery (although there is no assurance that they will continue to do so). Value securities may go in and out of favor over time.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 29.73% in the 2nd quarter of 2009; the worst was -19.02% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI EAFE Value ETF | iShares MSCI EAFE Value ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.39%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.39%
1 Year rr_ExpenseExampleYear01 $ 40
3 Years rr_ExpenseExampleYear03 125
5 Years rr_ExpenseExampleYear05 219
10 Years rr_ExpenseExampleYear10 $ 493
2009 rr_AnnualReturn2009 33.80%
2010 rr_AnnualReturn2010 3.18%
2011 rr_AnnualReturn2011 (12.24%)
2012 rr_AnnualReturn2012 17.52%
2013 rr_AnnualReturn2013 22.61%
2014 rr_AnnualReturn2014 (5.65%)
2015 rr_AnnualReturn2015 (5.89%)
2016 rr_AnnualReturn2016 4.87%
2017 rr_AnnualReturn2017 21.22%
2018 rr_AnnualReturn2018 (14.88%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 7.66%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 29.73%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (19.02%)
One Year rr_AverageAnnualReturnYear01 (14.88%)
Five Years rr_AverageAnnualReturnYear05 (0.80%)
Ten Years rr_AverageAnnualReturnYear10 5.31%
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 01, 2005
iShares MSCI EAFE Value ETF | Return After Taxes on Distributions | iShares MSCI EAFE Value ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (15.48%) [3]
Five Years rr_AverageAnnualReturnYear05 (1.49%) [3]
Ten Years rr_AverageAnnualReturnYear10 4.75% [3]
iShares MSCI EAFE Value ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI EAFE Value ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (7.90%) [3]
Five Years rr_AverageAnnualReturnYear05 (0.38%) [3]
Ten Years rr_AverageAnnualReturnYear10 4.56% [3]
iShares MSCI EAFE Value ETF | MSCI EAFE Value Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (14.78%)
Five Years rr_AverageAnnualReturnYear05 (0.61%)
Ten Years rr_AverageAnnualReturnYear10 5.50%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 7.66%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 129 R289.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares MSCI Kokusai ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI KOKUSAI ETF Ticker: TOK                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI Kokusai ETF (the “Fund”) seeks to track the investment results of an index composed of developed market equities, excluding Japan.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 4% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 4.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI Kokusai Index (the “Underlying Index”), which is designed to measure equity market performance in those countries that MSCI Inc. (the “Index Provider” or “MSCI”) has classified as having developed economies, excluding Japan (“DEEJ”). As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom (the “U.K.”) and the U.S. The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and technology industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 20.44% in the 2nd quarter of 2009; the worst was -17.60% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI Kokusai ETF | iShares MSCI Kokusai ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.25%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.25%
1 Year rr_ExpenseExampleYear01 $ 26
3 Years rr_ExpenseExampleYear03 80
5 Years rr_ExpenseExampleYear05 141
10 Years rr_ExpenseExampleYear10 $ 318
2009 rr_AnnualReturn2009 32.98%
2010 rr_AnnualReturn2010 11.44%
2011 rr_AnnualReturn2011 (4.26%)
2012 rr_AnnualReturn2012 16.87%
2013 rr_AnnualReturn2013 26.88%
2014 rr_AnnualReturn2014 5.98%
2015 rr_AnnualReturn2015 (1.54%)
2016 rr_AnnualReturn2016 8.31%
2017 rr_AnnualReturn2017 22.51%
2018 rr_AnnualReturn2018 (8.12%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 18.39%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 20.44%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (17.60%)
One Year rr_AverageAnnualReturnYear01 (8.12%)
Five Years rr_AverageAnnualReturnYear05 4.93%
Ten Years rr_AverageAnnualReturnYear10 10.35%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 10, 2007
iShares MSCI Kokusai ETF | Return After Taxes on Distributions | iShares MSCI Kokusai ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (8.66%) [3]
Five Years rr_AverageAnnualReturnYear05 4.27% [3]
Ten Years rr_AverageAnnualReturnYear10 9.76% [3]
iShares MSCI Kokusai ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI Kokusai ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (4.37%) [3]
Five Years rr_AverageAnnualReturnYear05 3.80% [3]
Ten Years rr_AverageAnnualReturnYear10 8.52% [3]
iShares MSCI Kokusai ETF | MSCI Kokusai Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (8.31%)
Five Years rr_AverageAnnualReturnYear05 4.70%
Ten Years rr_AverageAnnualReturnYear10 10.15%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 18.39%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 130 R114.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI Min Vol EAFE ETF
iSHARES® EDGE MSCI MIN VOL EAFE ETF Ticker: EFAV                                 Stock Exchange: Cboe BZX
Investment Objective
The iShares Edge MSCI Min Vol EAFE ETF (the “Fund”) seeks to track the investment results of an index composed of developed market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed equity markets, excluding the U.S. and Canada.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fee in order to limit the Fund’s total annual fund operating expenses after fee waiver to 0.20% through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares Edge MSCI Min Vol EAFE ETF | iShares Edge MSCI Min Vol EAFE ETF 0.32% none none [1] 0.32% (0.12%) 0.20%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI Min Vol EAFE ETF | iShares Edge MSCI Min Vol EAFE ETF | USD ($) 20 78 155 381
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 22% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI EAFE Minimum Volatility (USD) Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) to measure the performance of international equity securities that in the aggregate have lower volatility relative to the MSCI EAFE Index (the “Parent Index”), which is a capitalization-weighted index. In constructing the Underlying Index, MSCI uses a rules-based methodology to select securities from the Parent Index and to determine the weightings of such securities in the Underlying Index. Under the rules-based methodology, securities and weightings of the Underlying Index are established based on pre-established parameters and discretionary factors are not relied on.

Generally, the rules-based methodology includes specified requirements for security eligibility, maximum and minimum weightings by security and, in some cases, by sector and country, established rules relating to handling of special dividends and other distributions and treatment of corporate events. In order to determine weightings by security within the Underlying Index, MSCI seeks to construct a portfolio of lowest absolute volatility, as measured by MSCI, using its multi-factor risk model. The portfolio is then further refined by an optimization tool that aims to determine the lowest absolute volatility based on the projected “riskiness” of securities in the Parent Index while applying constraints based on established minimum and maximum weightings of index constituents and sectors as well as factor constraints (for example, liquidity and financial leverage) as measured by MSCI.

The Underlying Index includes stocks from Europe, Australasia, the Middle East and the Far East and, as of July 31, 2019, consisted of securities from the following 19 developed market countries or regions: Australia, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the consumer staples and financials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Staples Sector Risk. The consumer staples sector may be affected by, among other things, marketing campaigns, changes in consumer demands, government regulations and changes in commodity prices.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Volatility Risk. Although the Underlying Index was created by the Index Provider to seek lower volatility than the Parent Index and the Fund's name reflects the name of the Underlying Index as provided by the Index Provider, there is no guarantee that the Index Provider will be successful in creating an index that minimizes volatility, and there is a risk that the Fund may experience more than minimum volatility. Securities in the Fund's portfolio may be subject to price volatility, and the prices may not be any less volatile than the market as a whole, and could be more volatile.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 11.91%.
The best calendar quarter return during the periods shown above was 10.22% in the 1st quarter of 2013; the worst was -7.51% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI Min Vol EAFE ETF
One Year
Five Years
Since Fund Inception
Inception Date
iShares Edge MSCI Min Vol EAFE ETF (5.80%) 4.86% 7.15% Oct. 18, 2011
iShares Edge MSCI Min Vol EAFE ETF | Return After Taxes on Distributions [1] (6.47%) 4.12% 6.46%  
iShares Edge MSCI Min Vol EAFE ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (2.86%) 3.76% 5.66%  
MSCI EAFE Minimum Volatility (USD) Index (Index returns do not reflect deductions for fees, expenses, or taxes) (5.69%) 4.93% 7.24%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 131 R55.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Core MSCI International Developed Markets ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® CORE MSCI INTERNATIONAL DEVELOPED MARKETS ETF Ticker: IDEV                                 Stock Exchange: NYSE ARCA
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Core MSCI International Developed Markets ETF (the “Fund”) seeks to track the investment results of an index composed of large-, mid- and small-capitalization developed market equities, excluding the United States.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 5% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 5.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI World ex USA Investable Market Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) as an equity benchmark for international stock performance in non-U.S. developed markets. The Underlying Index is free float adjusted, market cap weighted, and is designed to measure large-, mid- and small-capitalization equity market performance and includes stocks from North America, Europe, Australasia and the Far East and, as of July 31, 2019, consisted of securities from the following 23 developed market countries or regions: Australia, Austria, Belgium, Brazil, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and industrials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Year Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 1.09% in the 3rd quarter of 2018; the worst was -13.10% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Core MSCI International Developed Markets ETF | iShares Core MSCI International Developed Markets ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.05%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.05%
1 Year rr_ExpenseExampleYear01 $ 5
3 Years rr_ExpenseExampleYear03 16
5 Years rr_ExpenseExampleYear05 28
10 Years rr_ExpenseExampleYear10 $ 64
2018 rr_AnnualReturn2018 (14.32%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 13.84%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2018
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 1.09%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (13.10%)
One Year rr_AverageAnnualReturnYear01 (14.32%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 0.24%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 21, 2017
iShares Core MSCI International Developed Markets ETF | Return After Taxes on Distributions | iShares Core MSCI International Developed Markets ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (14.78%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception (0.24%) [3]
iShares Core MSCI International Developed Markets ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Core MSCI International Developed Markets ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (7.87%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 0.36% [3]
iShares Core MSCI International Developed Markets ETF | MSCI World ex USA Investable Market Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (14.68%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (0.08%)
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 13.84%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 132 R171.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI Multifactor USA Mid-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI MULTIFACTOR USA MID-CAP ETF Ticker: MIDF                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI Multifactor USA Mid-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. mid-capitalization stocks that have favorable exposure to target style factors subject to constraints.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. From inception, June 4, 2019, to the most recent fiscal year end, the Fund's portfolio turnover rate was 1% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 1.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI USA Mid Cap Diversified Multiple-Factor Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”). Mid-capitalization companies, as calculated by the Index Provider, represent the companies between 70%-85% of the available free float-adjusted market capitalization for the U.S. The Underlying Index is designed to select equity securities from the MSCI USA Mid Cap Index (the “Parent Index”) that have high exposure to four investment style factors – value, quality, momentum and low size – while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors relative to the Parent Index. For example, on each rebalance date, the sector weights of the Underlying Index will not deviate more than +/-5% from the sector weights of the Parent Index.

MSCI, in selecting equity securities from the Parent Index, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors – value, quality, momentum and low size – is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest & taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward earnings estimates to share price)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the U.S. over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.

As of July 31, 2019, the Underlying Index consisted of securities from approximately 90 companies from the U.S. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time. The Underlying Index is rebalanced semi-annually coinciding with the Index Provider's semi-annual index review.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Low Size Risk. The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (“low size companies”) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Model Risk. Neither the Fund nor BFA can offer assurances that the Index Provider’s model will result in the Fund meeting its investment objective. The Fund may underperform other funds that do not similarly invest.

Momentum Securities Risk. Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Quality Stocks Risk. Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock’s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. BFA EXPECTS THAT THE FUND MAY EXPERIENCE HIGHER TRACKING ERROR THAN IS TYPICAL FOR SIMILAR INDEX EXCHANGE-TRADED FUNDS (“ETFs”).

Value Strategy Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
iShares Edge MSCI Multifactor USA Mid-Cap ETF | iShares Edge MSCI Multifactor USA Mid-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.25%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.25%
1 Year rr_ExpenseExampleYear01 $ 26
3 Years rr_ExpenseExampleYear03 $ 80
[1] The amount rounded to 0.00%.
XML 133 R218.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares MSCI ACWI ETF
iSHARES® MSCI ACWI ETF Ticker: ACWI                                 Stock Exchange: NASDAQ
Investment Objective
The iShares MSCI ACWI ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization developed and emerging market equities.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Acquired Fund Fees and Expenses
Total Annual Fund Operating Expenses
Fee Waiver
Total Annual Fund Operating Expenses After Fee Waiver
iShares MSCI ACWI ETF | iShares MSCI ACWI ETF 0.32% none none [1] 0.01% 0.33% (0.01%) 0.32%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares MSCI ACWI ETF | iShares MSCI ACWI ETF | USD ($) 33 104 183 416
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 11% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI ACWI (the “Underlying Index”), which is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries. The Underlying Index may include large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and technology industries or sectors. The components of the Underlying Index are likely to change over time. As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czechia, Denmark, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, New Zealand, Norway, Pakistan, Peru, the Philippines, Poland, Portugal, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Arab Emirates, the United Kingdom (the “U.K.”) and the U.S. (together, the “ACWI countries”).

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 16.31%.
The best calendar quarter return during the periods shown above was 22.85% in the 2nd quarter of 2009; the worst was -17.70% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares MSCI ACWI ETF
One Year
Five Years
Ten Years
Inception Date
iShares MSCI ACWI ETF (9.15%) 4.54% 9.59% Mar. 26, 2008
iShares MSCI ACWI ETF | Return After Taxes on Distributions [1] (9.60%) 4.02% 9.19%  
iShares MSCI ACWI ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (5.06%) 3.52% 7.96%  
MSCI ACWI (Index returns do not reflect deductions for fees, expenses, or taxes) (9.42%) 4.26% 9.46%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 134 R189.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI USA Quality Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI USA QUALITY FACTOR ETF Ticker: QUAL                                 Stock Exchange: Cboe BZX
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI USA Quality Factor ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 41% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 41.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI USA Sector Neutral Quality Index (the “Underlying Index”), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index (the “Parent Index”). The Parent Index includes U.S. large- and mid-capitalization stocks, as defined by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index seeks to measure the performance of securities in the Parent Index that exhibit higher quality characteristics relative to their peers within the corresponding Global Industry Classification Standard (GICS®) sector. To construct the Underlying Index, the Index Provider determines the quality score of each security in the Parent Index based on three fundamental variables: high return on equity, low earnings variability and low leverage. The Underlying Index is weighted based on a component's quality score multiplied by its weight in the parent index. Weights in the Underlying Index are next normalized so that sectors in the Underlying Index represent the same weight as in the Parent Index. Additionally, each individual issuer capped at 5%. As of July 31, 2019, there were 125 securities in the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Quality Stocks Risk. Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock’s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 8.75% in the 3rd quarter of 2018; the worst was -14.71% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI USA Quality Factor ETF | iShares Edge MSCI USA Quality Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.15%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.15%
1 Year rr_ExpenseExampleYear01 $ 15
3 Years rr_ExpenseExampleYear03 48
5 Years rr_ExpenseExampleYear05 85
10 Years rr_ExpenseExampleYear10 $ 192
2014 rr_AnnualReturn2014 11.62%
2015 rr_AnnualReturn2015 5.56%
2016 rr_AnnualReturn2016 9.18%
2017 rr_AnnualReturn2017 22.26%
2018 rr_AnnualReturn2018 (5.77%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 22.08%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2018
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 8.75%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (14.71%)
One Year rr_AverageAnnualReturnYear01 (5.77%)
Five Years rr_AverageAnnualReturnYear05 8.19%
Since Fund Inception rr_AverageAnnualReturnSinceInception 10.02%
Inception Date rr_AverageAnnualReturnInceptionDate Jul. 16, 2013
iShares Edge MSCI USA Quality Factor ETF | Return After Taxes on Distributions | iShares Edge MSCI USA Quality Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (6.18%) [3]
Five Years rr_AverageAnnualReturnYear05 7.73% [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 9.56% [3]
iShares Edge MSCI USA Quality Factor ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI USA Quality Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (3.08%) [3]
Five Years rr_AverageAnnualReturnYear05 6.41% [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 7.94% [3]
iShares Edge MSCI USA Quality Factor ETF | MSCI USA Sector Neutral Quality Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (5.64%) [4]
Five Years rr_AverageAnnualReturnYear05 8.35% [4]
Since Fund Inception rr_AverageAnnualReturnSinceInception 10.20% [4]
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 22.08%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
[4] Index returns through August 31, 2015 reflect the performance of the MSCI USA Quality Index. Index returns beginning on September 1, 2015 reflect the performance of the MSCI USA Sector Neutral Quality Index.
XML 135 R38.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Core MSCI EAFE ETF
iSHARES® CORE MSCI EAFE ETF Ticker: IEFA                                 Stock Exchange: Cboe BZX
Investment Objective
The iShares Core MSCI EAFE ETF (the “Fund”) seeks to track the investment results of an index composed of large-, mid- and small-capitalization developed market equities, excluding the U.S. and Canada.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Core MSCI EAFE ETF | iShares Core MSCI EAFE ETF [1] 0.07% none none [2] 0.07%
[1] The expense information in the table has been restated to reflect current fees.
[2] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Core MSCI EAFE ETF | iShares Core MSCI EAFE ETF | USD ($) 7 23 40 90
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 3% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI EAFE IMI Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) as an equity benchmark for international stock performance. The Underlying Index is designed to measure large-, mid- and small-capitalization equity market performance and includes stocks from Europe, Australasia and the Far East and, as of July 31, 2019, consisted of securities from the following 21 developed market countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and industrials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. The Fund that seeks to track an index that contains a large number of securities may experience a higher level of tracking error than a more narrow index.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 12.94%.
The best calendar quarter return during the periods shown above was 12.04% in the 3rd quarter of 2013; the worst was -13.03% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Core MSCI EAFE ETF
One Year
Five Years
Since Fund Inception
Inception Date
iShares Core MSCI EAFE ETF (14.20%) 1.02% 4.84% Oct. 18, 2012
iShares Core MSCI EAFE ETF | Return After Taxes on Distributions [1] (14.72%) 0.44% 4.26%  
iShares Core MSCI EAFE ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (7.76%) 0.89% 3.88%  
MSCI EAFE IMI Index (Index returns do not reflect deductions for fees, expenses, or taxes) (14.40%) 0.86% 4.68%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 136 R156.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI Multifactor Intl Small-Cap ETF
iSHARES® EDGE MSCI MULTIFACTOR INTL SMALL-CAP ETF Ticker: ISCF                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Edge MSCI Multifactor Intl Small-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of global developed market small-capitalization stocks, excluding the U.S., that have favorable exposure to target style factors subject to constraints.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Edge MSCI Multifactor Intl Small-Cap ETF | iShares Edge MSCI Multifactor Intl Small-Cap ETF 0.40% none none [1] 0.40%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI Multifactor Intl Small-Cap ETF | iShares Edge MSCI Multifactor Intl Small-Cap ETF | USD ($) 41 128 224 505
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 45% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI World ex USA Small Cap Diversified Multiple-Factor Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is designed to select equity securities from the MSCI World ex USA Small Cap Index (the “Parent Index”) that have high exposure to four investment style factors – value, quality, momentum and low size – while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors. Small capitalization companies, as calculated by MSCI, represent the bottom 14% of the free float-adjusted market capitalization of each developed market country included in the Parent Index, as determined by MSCI.

MSCI, in selecting equity securities from the Parent Index, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors – value, quality, momentum and low size – is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest & taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward share price to earnings estimates)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the same country over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.

As of July 31, 2019, the Underlying Index consisted of securities from approximately 726 companies from the following countries or regions: Australia, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the industrials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Low Size Risk. The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (“low size companies”) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Model Risk. Neither the Fund nor BFA can offer assurances that the Index Provider’s model will result in the Fund meeting its investment objective. The Fund may underperform other funds that do not similarly invest.

Momentum Securities Risk. Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Quality Stocks Risk. Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock’s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Value Strategy Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 11.99%.
The best calendar quarter return during the periods shown above was 9.34% in the 3rd quarter of 2017; the worst was -16.42% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI Multifactor Intl Small-Cap ETF
One Year
Since Fund Inception
Inception Date
iShares Edge MSCI Multifactor Intl Small-Cap ETF (18.18%) 3.27% Apr. 28, 2015
iShares Edge MSCI Multifactor Intl Small-Cap ETF | Return After Taxes on Distributions [1] (18.47%) 2.77%  
iShares Edge MSCI Multifactor Intl Small-Cap ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (10.37%) 2.57%  
MSCI World ex USA Small Cap Diversified Multiple-Factor Index (Index returns do not reflect deductions for fees, expenses, or taxes) (18.28%) 3.49%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 138 R13.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares China Large-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® CHINA LARGE-CAP ETF Ticker: FXI                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares China Large-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of large-capitalization Chinese equities that trade on the Hong Kong Stock Exchange.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 14% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 14.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the FTSE China 50 Index (the “Underlying Index”), which is designed to measure the performance of the largest companies in the Chinese equity market that trade on the Stock Exchange of Hong Kong (SEHK) and are available to international investors, as determined by FTSE International Limited (the “Index Provider” or “FTSE”). The Underlying Index consists of 50 of the largest and most liquid Chinese companies. Securities in the Underlying Index are weighted based on the total market value of their shares, so that securities with higher total market values generally have a higher representation in the Underlying Index. Each security in the Underlying Index is a current constituent of the FTSE All-World Index. Individual constituents are capped such that no individual company represents more than 9% of the Underlying Index and all companies that individually have a weight greater than 4.5% in aggregate represent no more than 38% of the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally invests at least 90% of its assets in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index. The Fund may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by FTSE, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Custody Risk. Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. Chinese financials sector regulation and ownership may be more intrusive than in the U.S. and other developed countries, especially with respect to the regulation of non-Chinese banks and other non-Chinese financial companies. Greater Chinese governmental involvement in the financials sector may pose additional risks for investors. Market conditions in China may be particularly subject to change based on government policy. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in China, which could adversely affect the economy or the business operations of companies in China, causing an adverse impact on the Fund's investments in China.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Nationalization Risk. Investments in China may be subject to loss due to expropriation or nationalization of assets and property or the imposition of restrictions on foreign investments and repatriation of capital.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments that track the value of Chinese issuers are subject to the risks associated with investing in China, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. China has privatized, or has begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in a country whose economy is heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in China. Investments in Chinese issuers subject the Fund to risks specific to China. Investments in certain Hong Kong-listed securities may also subject the Fund to exposure to Chinese companies. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the last few decades, the Chinese government has undertaken reform of economic and market practices and has expanded the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. China has experienced security concerns, such as terrorism and strained international relations. Additionally, China is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Chinese government or Chinese companies, may impact China’s economy and Chinese issuers of securities in which the Fund invests. Incidents involving China's or the region's security may cause uncertainty in Chinese markets and may adversely affect the Chinese economy and the Fund's investments. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of additional tariffs or other trade barriers (including as a result of heightened trade tensions between China and the U.S., or in response to actual or alleged Chinese cyber activity) or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.

Risk of Investing in Emerging Markets. The Fund's investments in China may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. INDEX ETFS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX ETFS THAT DO NOT TRACK SUCH INDICES.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Two total return versions of the Underlying Index are calculated by the Index Provider - the gross total return index, which is calculated including dividends with no tax withholding, and the net of tax total return index, which is calculated including dividends but withholds taxes based on the maximum withholding tax rates applicable to dividends received by non-resident investors. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 35.34% in the 2nd quarter of 2009; the worst was -24.86% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares China Large-Cap ETF | iShares China Large-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.74%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.74%
1 Year rr_ExpenseExampleYear01 $ 76
3 Years rr_ExpenseExampleYear03 237
5 Years rr_ExpenseExampleYear05 411
10 Years rr_ExpenseExampleYear10 $ 918
2009 rr_AnnualReturn2009 52.41%
2010 rr_AnnualReturn2010 2.13%
2011 rr_AnnualReturn2011 (17.71%)
2012 rr_AnnualReturn2012 16.96%
2013 rr_AnnualReturn2013 (1.20%)
2014 rr_AnnualReturn2014 12.03%
2015 rr_AnnualReturn2015 (11.91%)
2016 rr_AnnualReturn2016 1.74%
2017 rr_AnnualReturn2017 34.48%
2018 rr_AnnualReturn2018 (12.41%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 2.57%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 35.34%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (24.86%)
One Year rr_AverageAnnualReturnYear01 (12.41%)
Five Years rr_AverageAnnualReturnYear05 3.41%
Ten Years rr_AverageAnnualReturnYear10 5.76%
Inception date rr_AverageAnnualReturnInceptionDate Oct. 05, 2004
iShares China Large-Cap ETF | Return After Taxes on Distributions | iShares China Large-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (12.73%) [3]
Five Years rr_AverageAnnualReturnYear05 3.02% [3]
Ten Years rr_AverageAnnualReturnYear10 5.49% [3]
iShares China Large-Cap ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares China Large-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (6.74%) [3]
Five Years rr_AverageAnnualReturnYear05 2.86% [3]
Ten Years rr_AverageAnnualReturnYear10 4.90% [3]
iShares China Large-Cap ETF | FTSE China 50 Index (net of tax total return) (Index returns do not reflect deductions for fees, expenses, or income taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (11.81%) [4]
Five Years rr_AverageAnnualReturnYear05 4.17% [4]
Ten Years rr_AverageAnnualReturnYear10 6.62% [4]
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 2.57%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
[4] Index performance beginning on February 10, 2012 reflects net returns where dividends are reinvested into the Index net of withholding tax. Performance before this date reflects dividends being reinvested at gross.
GRAPHIC 139 BarChart27.png IDEA: XBRL DOCUMENT begin 644 BarChart27.png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end GRAPHIC 140 BarChart23.png IDEA: XBRL DOCUMENT begin 644 BarChart23.png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end XML 141 R168.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI Multifactor USA Mid-Cap ETF
iSHARES® EDGE MSCI MULTIFACTOR USA MID-CAP ETF Ticker: MIDF                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Edge MSCI Multifactor USA Mid-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. mid-capitalization stocks that have favorable exposure to target style factors subject to constraints.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Edge MSCI Multifactor USA Mid-Cap ETF | iShares Edge MSCI Multifactor USA Mid-Cap ETF 0.25% none none [1] 0.25%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
iShares Edge MSCI Multifactor USA Mid-Cap ETF | iShares Edge MSCI Multifactor USA Mid-Cap ETF | USD ($) 26 80
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. From inception, June 4, 2019, to the most recent fiscal year end, the Fund's portfolio turnover rate was 1% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI USA Mid Cap Diversified Multiple-Factor Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”). Mid-capitalization companies, as calculated by the Index Provider, represent the companies between 70%-85% of the available free float-adjusted market capitalization for the U.S. The Underlying Index is designed to select equity securities from the MSCI USA Mid Cap Index (the “Parent Index”) that have high exposure to four investment style factors – value, quality, momentum and low size – while maintaining a level of risk similar to that of the Parent Index. The Underlying Index is also constrained in its construction to limit turnover and extreme exposures to particular sectors, countries, component weights or other investment style factors relative to the Parent Index. For example, on each rebalance date, the sector weights of the Underlying Index will not deviate more than +/-5% from the sector weights of the Parent Index.

MSCI, in selecting equity securities from the Parent Index, assigns a composite score for a security through a proprietary model based on four equally-weighted investment style factors. The score for all four factors – value, quality, momentum and low size – is derived through a global equity model. The value score is calculated from a company's valuation ratios (e.g., forward and trailing earnings to share price, cash earnings to share price, book value to share price and enterprise value to earnings before interest & taxes (EBIT)); the quality score is calculated from a company's underlying metrics (e.g., profitability metrics (asset turnover, gross profitability, gross margin and return-on-assets), investment quality metrics (total assets growth rate, issuance growth and capital expenditure growth), leverage ratios (market leverage, book leverage and debt-to-assets) and earnings variability (measured by volatility of earnings, cash flow, sales, and forward earnings estimates to share price)); the momentum score aims to measure a security's sustained relative performance against the global market over a two-year period and against other securities based in the U.S. over the previous 12 months (with a one month lag); and the low size score seeks to measure the market capitalization of a company as compared to other companies based in the same country.

As of July 31, 2019, the Underlying Index consisted of securities from approximately 90 companies from the U.S. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time. The Underlying Index is rebalanced semi-annually coinciding with the Index Provider's semi-annual index review.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Low Size Risk. The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (“low size companies”) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Model Risk. Neither the Fund nor BFA can offer assurances that the Index Provider’s model will result in the Fund meeting its investment objective. The Fund may underperform other funds that do not similarly invest.

Momentum Securities Risk. Stocks that previously exhibited high momentum characteristics may not experience positive momentum or may experience more volatility than the market as a whole.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Quality Stocks Risk. Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock’s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. BFA EXPECTS THAT THE FUND MAY EXPERIENCE HIGHER TRACKING ERROR THAN IS TYPICAL FOR SIMILAR INDEX EXCHANGE-TRADED FUNDS (“ETFs”).

Value Strategy Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in applying a factor that emphasizes such securities. Although the value style of investing has generally outperformed non-value investing styles during periods of economic recovery, there may be periods when the value style of investing is out of favor, thus causing the Fund's performance to suffer.
Performance Information
As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.
GRAPHIC 142 BarChart15.png IDEA: XBRL DOCUMENT begin 644 BarChart15.png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end GRAPHIC 143 BarChart11.png IDEA: XBRL DOCUMENT begin 644 BarChart11.png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
=:>)!/1Q;7;9T*%#\>Z[[Z);MV[X^NNOT;9M6VXO!@!^V;M/ M]=T&@4# %SI)$$3^(&0,RB<-BMR#48ZU*%T/?J_'ZOO;]#MF8-KMT[..5U55 MH8W& ST/MAN9E2M7XIUWWD%E9266+U^.29,F 0#NNNLN3)DR!;MW[\;V[=OQ MU%-/&4HW' XC' [;(3)!$(0Y)'E7F7(M#:M/%2KAE<>2'HS:F$]N!(/!Q!"# M BONL;8;F7'CQF'RL%C]>B1*@-)>LBLZF[ MS$Y\O:U,\K^;LQO59J_RAE<[[X<9FTZ2:[W:F38 EW;7<9;O[GJKA77T;=&!N";*>J4#&J_]<*KG:^3C52#7.O5SKS- MA/?"=2;=M1A)ROR?A7*V&>N\7AACV*&[1J'N,H(@""O(F,+,ZBYCS1Y3_M8) MX\/N,C(R!$$05L&]KU@^K:#5AHP,01"$E61X&TK/QHBG(P\OQU\SSLC($ 1! M6$G&6A8MX\+8-B:#A.$1Y.>8:W"\C7\'_MWHFO3?]?4?7IHFED_4Y;([26I< MAC6+3.NFI?1\=*9E.'4M+4E2UQ+5;0F*?+./#)K0XWLEZ>G MSD9F&[$Z"/1@AE>)S,K+:%EYKA^'**;1TP727?Z\/*F[@,J8C(3L07VU*9EYXG?.O):"F&4]-9M?+)M;&:"P4A9D=H;OMDR$(@O >2J^%9[JR M_)R S/665YT P^241!5#[.1%A)]?7.WH6,#$$0A*TDC866KZ3L9&1L3R-D M??$%9&0(@B"L0'>EO]J,,RB.L\XEDZ!=F F"(.HF67N7*5^?K.:MR+]G3[^0 M&,?\!!D9@B (*TEY&RP/1MYUQC(6:KLXRU]:YB_(R! $0=B&W*M)PIK2G R; M/)^.E[T8TU_=9;Z=P@QD7Q(>U-ZPK9:&V35L/&FSPAO9?EWO'#CR-9*F4S(8 MP>HUAD;U@UN5S7*>0:WJP,5N6?:WKZUY#_J%&](]TUCB=T M-VOPG^6MF'DD$'0=&+MT-U=\:V3X\)=;27@%(\]]=D&ZZS>DC-,AM6*K_4,S*L\:FGHI:-5 MG\KS/.4R*Z=:FE;4C59>\O^L64%&T]*2BW27+T]EOM[674$0.*8Q)U&_R0L9 MQD9"ZCV8$J"]+UHJD.R8U;IK'%^/R:0QVUB5%X25IC*\\AR'F\L\IC8GGJ>Q MJO6":Z7!2H>%LDZ,Y*$\EJN:*\VZ:Y^GJQT6'A! M=UEAM ;YL^-(BC@"I,0W 8J9:\JT[-#=W(U-GA@9LUCS!.-,WJRXUCUM9*>M M]MM,6D;2L"I_*Z]5KOEZ(1_277-I\:=1.'0\&IYW-3+6RPA(>#BI3^WOVG2E MV%$@&(8@! %(M39$2GTR?J/V>RB<0[FTL$=W\\3(6#W'B"!R(=>Y:(0?"10W M-QS'2K-H#=;KHX_'9.2X?VD((DTNGAM!N(GU^NA_(^.W-NHW>;U"/M:;W\KD M-WF]0AVO-_\;&>5X)D]7JJ 23GER,!J7%=9,8U7[;N1Z&,E+*Q^MXWIY<2ZW M)MV50;IK+"^M?+2.Z^5E=JL #7QK9#)TRF9+[!MRJ0>J0^LP<+,DW:V%=-<; M*'37BJKU?W<901 $X5G(R! $09C@Z:>>0K<3NN#YYYYCGK]VW%B<._@. M'5BX8#X$04!A41'&CY^ 8# ( 'AU_7J4E^_%P8,'/'X^BHB(;2FD-9&0(@B L8N_>O7CXH8?PV,J5>/L_ M_]$,>_WX">C;MR\ X+:I4S!WSFS<>=?=:-FR)6;/G8N33CH)U=75Z-NG-UY\ M>1U.//%$7'?]];C[KCO1I&E3%!<78]>N71@V_&+,FCD##1HTP)2IMR$4\M9M MG<9D"((@.%BUHN35]>O1NG4)EBQ>A&>>>1H[=^S XD4+ ML6?/GJRP20,# (,&G8.-&S<" !HV;(B33CHI];UW[S[XSUMO 0"&#AN&&3-G M8>+$/V#6C!F8-W\!;K_M-DR_8P;:MFV'IYY\TN)2YXZW3!Y!$(1'&3MN',:. M&Z<99LS8L:GO;__G/]B^?3LF3YF:.O;CCS_BN...0V5E)9;]^3[<,6,F .#; M[=^B2Y<3 !/K%V+7KU[HWOW[JESXZZ]-B.?>^^Y&S=,G(CBXF+$8C'4KU\? M+5JTP'???V=)6:V$C Q!$(1!(I$(EBQ>A)T[=N"5=>M0KUX]#!L^/'7^_??? MQQ-/K,6.TE(L7K00DZ=,Q?;MVW'!;\_#_[9_AW XC"^_^!)SY\Q&,!C$-]_\ M#XL6+P8 ''OLL9AWSSWHU;L7=NS8@1$C1F#0.>E9:ENV;,'//_^,WYY_/H"$ M\9LS>Q;V[-F#.7/O=+8B.! DULB51ZFJJDH-@,KD%ZA,_H6F,-M(-!I%P_KU4'VT M!N%PV&UQ3+>[Q,-!H%D)#5JP-[1LBW\@!4)K] 97('^7W6[!PQ7\TN MV[-G#TI*2MP6@R (HLY15E:&5JU:&8Y'W64$01"$;?C*DQ%%$>7EY0 2;XP3 M!,%EB0B"(/(729)075T- &C1H@4" >-^B:^,#$$0!.$OJ+N,( B"L TR,@1! M$(1MD)$A"((@;(.,#$$0!&$;9&0(@B (VR C8P$#!PY,?=^T:1,&#!B B1,G M9H19L6(%QH\?CT6+%N'BBR_&&V^\X;28W/"4)\F:-6M,36MT&IXRK5FS!OWZ M]<.@08,P:- @+%RXT&DQ#<%[G1YXX '<=]]]F#ES)LXYYQPG130,3YF&#!F2 MND8#!PY$RY8M\<477S@M*C<\9=J]>S=&CAR)>?/F8!S;MFW#P($#4596EA&FIJ8&RY:?%,P5.FYYY[#HO1CP>Q[)ERS!CQHS4PCJOPE.FI($!@,<>>PS77GNM([*9A:=,;=JT MP9X]>P >_?NQ8DGGNCYES+R0IZ,!8P?/YXKW-Z]>S%__GQ\_/''6+-FCO/)(D8?+DR5BP8 $"@8 O/!F>:S1@P ,&3($+5JTP!=??(&! P=BV[9M M"(6\V4QXRE1:6HJ2DA(\_OCCJ*BH0(\>/?#>>^^A;=NV#DAH'-ZV!"0\@U=? M?16OO_ZZC1+E#D^9)DR8@-&C1V/2I$GX[+//<----_FB&YH';[:>/*5ERY98 MLF0)2DM+<<899^#KK[]&<7&QVV(9YI-//D$X',;JU:M37LS"A0LQ:- @].W; MUV7IS-.A0X?4]QX]>J"RLA+??OLM3CSQ1!>ERHW&C1OCC#/. 4%Q>C4Z=. M^/###W'))9>X+%GN//_\\Q@Y'#AV/OFZ/27)#U/I Q8M6I3Z?LPQQ^#(D2/8MV^?BQ*9YY133L%##SV$J5.GXK;; M;H,D29@Z=:KO&\3TZ=,1B\4 /OV[4--30W:M6OGLE2Y<=YYY^'[[[\'D/! M=^W:A2Y=NK@LE36L7KT:8\:,<5L,2]BYO1H7'#!!2Y+JX]:>0#@YY]_QO+ER_'66V\A' ZC<^?.OABH5"O3UJU;\?CC MC^/++[_$VK5K,6O6+'3OWMUE:?E0*].IIYZ*=>O6X;///L,++[R 8<.&86[KWYYIN(Q^,8/'BPBQ(:1ZU,W;MWQP,//(#OOOL.SSWW''KW[JTY M=N@G:(-,@B (PC:HNXP@"(*P#3(R!$$0A&V0D2$(@B!L@XP,01 $81MD9 B" M( C;("-#$ 1!V 89&8(@",(VR,@0!$$0MD%&AB (@K -,C($01"$;9"1(0B" M(&R#C Q!$ 1A&V1D"((@"-L@(T,0!$'8!AD9@B (PC;(R! $01"V\?]VXPX: 0$*7@?P !)14Y$KD)@@@$! end XML 144 R201.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI USA Value Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI USA VALUE FACTOR ETF Ticker: VLUE                                 Stock Exchange: Cboe BZX
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI USA Value Factor ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 35% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 35.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI USA Enhanced Value Index (the “Underlying Index”), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index (the “Parent Index”). The Parent Index includes U.S. large- and mid- capitalization stocks, as defined by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is designed to measure the performance of securities in the Parent Index that exhibit higher value characteristics relative to their peers within the corresponding Global Industry Classification Standard (GICS®) sector. To construct the Underlying Index, the Index Provider calculates a “value score” for each security in the Parent Index using three variables: price-to-book value, price-to-forward earnings and enterprise value-to-cash flow from operations. MSCI uses an algorithm to determine the number of components in the Underlying Index based on the number of constituents in the Parent Index. The number of components is evaluated semi-annually. MSCI assigns weights by multiplying a component's value score by its market capitalization. Weights in the Underlying Index are next normalized so that sectors in the Underlying Index represent the same weight as in the Parent Index. As of July 31, 2019, there were 150 securities in the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Value Securities Risk. Securities issued by companies that may be perceived as undervalued may fail to appreciate for long periods of time and may never realize their full potential value. The Index Provider may be unsuccessful in creating an index that emphasizes undervalued securities. Value securities have generally performed better than non-value securities during periods of economic recovery (although there is no assurance that they will continue to do so). Value securities may go in and out of favor over time.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 8.62% in the 4th quarter of 2017; the worst was -16.92% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI USA Value Factor ETF | iShares Edge MSCI USA Value Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.15%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.15%
1 Year rr_ExpenseExampleYear01 $ 15
3 Years rr_ExpenseExampleYear03 48
5 Years rr_ExpenseExampleYear05 85
10 Years rr_ExpenseExampleYear10 $ 192
2014 rr_AnnualReturn2014 12.29%
2015 rr_AnnualReturn2015 (3.54%)
2016 rr_AnnualReturn2016 15.68%
2017 rr_AnnualReturn2017 21.97%
2018 rr_AnnualReturn2018 (11.18%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 15.70%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Dec. 31, 2017
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 8.62%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (16.92%)
One Year rr_AverageAnnualReturnYear01 (11.18%)
Five Years rr_AverageAnnualReturnYear05 6.30%
Since Fund Inception rr_AverageAnnualReturnSinceInception 8.97%
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 16, 2013
iShares Edge MSCI USA Value Factor ETF | Return After Taxes on Distributions | iShares Edge MSCI USA Value Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (11.69%) [3]
Five Years rr_AverageAnnualReturnYear05 5.74% [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 8.41% [3]
iShares Edge MSCI USA Value Factor ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI USA Value Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (6.18%) [3]
Five Years rr_AverageAnnualReturnYear05 4.90% [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 7.09% [3]
iShares Edge MSCI USA Value Factor ETF | MSCI USA Enhanced Value Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (11.06%) [4]
Five Years rr_AverageAnnualReturnYear05 6.46% [4]
Since Fund Inception rr_AverageAnnualReturnSinceInception 9.15% [4]
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 15.70%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
[4] Index returns through August 31, 2015 reflect the performance of the MSCI USA Value Weighted Index. Index returns beginning on September 1, 2015 reflect the performance of the MSCI USA Enhanced Value Index.
GRAPHIC 145 BarChart19.png IDEA: XBRL DOCUMENT begin 644 BarChart19.png MB5!.1PT*&@H -24A$4@

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htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Core Moderate Allocation ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iShares Core Moderate Allocation ETF Ticker: AOM                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Core Moderate Allocation ETF (the “Fund”) seeks to track the investment results of an index composed of a portfolio of underlying equity and fixed income funds intended to represent a moderate target risk allocation strategy.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.  The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination November 30, 2021
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund and the iShares funds in which the Fund invests (each, an “Underlying Fund” and collectively, the “Underlying Funds”), may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolio). A higher portfolio turnover rate for the Fund or Underlying Funds may indicate higher transaction costs and may cause the Fund or Underlying Funds to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to Underlying Funds included as part of Acquired Fund Fees and Expenses), affect the Fund's performance. To the extent an Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund. During the most recent fiscal year, the Fund’s portfolio turnover rate was 4% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 4.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the example that follows:
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund is a fund of funds and seeks to achieve its investment objective by investing primarily in Underlying Funds that themselves seek investment results corresponding to their own respective underlying indexes. The Underlying Funds invest primarily in distinct asset classes, such as large- or mid-capitalization U.S. or non-U.S. equity, the aggregate bond market (including allocation to international bonds as well as USD-denominated bonds) or the U.S. Treasury bond market; each such asset class has its own risk profile.

The S&P Target Risk Moderate Index (the “Underlying Index”) is composed of a portfolio of equity and fixed-income Underlying Funds and measures the performance of the S&P Dow Jones Indices LLC (the “Index Provider” or “SPDJI”) proprietary allocation model that is intended to represent a “moderate” target risk allocation strategy as defined by SPDJI. The Underlying Index seeks to provide significant exposure to fixed income, while also providing increased opportunity for capital growth through equities. SPDJI’s estimation of a moderate target risk allocation may differ from your own.

The Fund is designed for investors seeking current income, some capital preservation and an opportunity for moderate to low capital appreciation. As of July 31, 2019, the Underlying Index included a fixed allocation of 40% of its assets in Underlying Funds that invest primarily in equity securities and 60% of its assets in Underlying Funds that invest primarily in bonds. As of July 31, 2019, the Fund invested approximately 38.97% of its assets in Underlying Funds that invest primarily in equity securities, 60.91% of its assets in Underlying Funds that invest primarily in bonds and the remainder of its assets in Underlying Funds that invest primarily in money market instruments.

As of July 31, 2019, the Fund invested in the iShares Core International Aggregate Bond ETF, iShares Core MSCI Emerging Markets ETF, iShares Core MSCI International Developed Markets ETF, iShares Core S&P 500 ETF, iShares Core S&P Mid-Cap ETF, iShares Core S&P Small-Cap ETF, iShares Core Total USD Bond Market ETF and money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”). BFA may add, eliminate or replace any or all Underlying Funds at any time. As of July 31, 2019, a significant portion of the Underlying Index is represented by U.S. treasury securities. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and an Underlying Fund may or may not hold all of the securities in the applicable Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of BlackRock Cash Funds, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is a product of SPDJI which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Funds), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Affiliated Fund Risk. In managing the Fund, BFA will have the ability to select Underlying Funds and substitute Underlying Funds with other exchange-traded funds (“ETFs”) that it believes will achieve the Fund’s objective. BFA may be subject to potential conflicts of interest in selecting Underlying Funds and substituting Underlying Funds with other ETFs because the fees paid to BFA by some Underlying Funds and other ETFs managed by BFA may be higher than the fees paid by other Underlying Funds. If an Underlying Fund or other ETF holds interests in an affiliated fund in excess of a certain amount, the Fund may be prohibited from purchasing shares of that Underlying Fund or other ETF.

Allocation Risk. The Fund’s ability to achieve its investment objective depends upon the Index Provider's ability to develop a model that accurately assesses the Fund’s asset class allocation and selects the best mix of Underlying Funds and other ETFs. There is a risk that the Index Provider's evaluations and assumptions regarding asset classes or Underlying Funds, which are utilized as inputs in the model, may be incorrect in view of actual market conditions.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or an Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk.  Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for ETFs, such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Call Risk. During periods of falling interest rates, an issuer of a callable bond held by the Fund or an Underlying Fund may “call” or repay the security before its stated maturity, and the Fund or an Underlying Fund may have to reinvest the proceeds in securities with lower yields, which would result in a decline in the Fund's income, or in securities with greater risks or with other less favorable features.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or an Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Credit Risk. Debt issuers and other counterparties may be unable or unwilling to make timely interest and/or principal payments when due or otherwise honor their obligations. Changes in an issuer’s credit rating or the market’s perception of an issuer’s creditworthiness may also adversely affect the value of the Fund’s or an Underlying Fund's investment in that issuer. The degree of credit risk depends on an issuer's or counterparty's financial condition and on the terms of an obligation.

Currency Risk. Because the Fund's and the Underlying Funds' NAVs are determined in U.S. dollars, the Fund's NAV could decline if a currency of a non-U.S. market in which a Fund or an Underlying Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Funds, the Funds' or the Underlying Funds' adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Derivatives Risk. The Fund or an Underlying Fund may invest in certain types of derivatives contracts, including futures, options and swaps, which can be more sensitive to changes in interest rates or to sudden fluctuations in market prices than conventional securities, which can result in greater losses to the Fund.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. Certain Underlying Funds invest in common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Extension Risk. During periods of rising interest rates, certain debt obligations may be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s or an Underlying Fund's investments.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or an Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or an Underlying Fund's investments in the affected region.

High Portfolio Turnover Risk. High portfolio turnover (considered by the Fund and the Underlying Funds to mean higher than 100% annually) may result in increased transaction costs to the Fund or an Underlying Fund, including brokerage commissions, dealer mark-ups and other transaction costs on the sale of the securities and on reinvestment in other securities.

High Yield Securities Risk. Securities that are rated below investment-grade (commonly referred to as “junk bonds,” which may include those bonds rated below “BBB-” by Standard & Poor’s® Global Ratings, a subsidiary of S&P Global, Inc. (“S&P Global Ratings”) and Fitch Ratings, Inc. (“Fitch”) or “Baa3” by Moody's Investors Service, Inc. (“Moody's”)), or are unrated, may be deemed speculative, may involve greater levels of risk than higher-rated securities of similar maturity and may be more likely to default.

Income Risk. The Fund's income may decline if interest rates fall. This decline in income can occur because the Fund or an Underlying Fund may subsequently invest in lower-yielding bonds when bonds in its portfolio mature, are near maturity or are called, bonds in the Underlying Index are substituted, or the Fund or an Underlying Fund otherwise needs to purchase additional bonds.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Interest Rate Risk. An increase in interest rates may cause the value of securities held by the Fund or an Underlying Fund to decline, may lead to heightened volatility in the fixed-income markets and may adversely affect the liquidity of certain fixed-income investments. The historically low interest rate environment, together with recent modest rate increases, heightens the risks associated with rising interest rates.

Investment in Underlying Funds Risk. The Fund invests substantially all of its assets in the Underlying Funds, so the Fund’s investment performance is directly related to the performance of the Underlying Funds. The Fund’s NAV will change with changes in the value of the Underlying Funds and other securities in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Funds.

As the Underlying Funds, or the Fund’s allocations among the Underlying Funds, change from time to time, or to the extent that the total annual fund operating expenses of any Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund or an Underlying Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund or the Underlying Funds will not fully replicate their respective indexes, they are subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Funds could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Funds face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Model Risk. Neither the Fund nor BFA can offer assurances that the Underlying Index's allocation model will achieve its intended results or maximize returns or minimize risk, or be appropriate for every investor seeking a particular risk profile.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Funds trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or an Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or an Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or an Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Issuers Risk. Securities issued by non-U.S. issuers carry different risks from securities issued by U.S. issuers. These risks include differences in accounting, auditing and financial reporting standards, the possibility of expropriation or confiscatory taxation, adverse changes in investment or exchange control regulations, political instability, regulatory and economic differences, and potential restrictions on the flow of international capital.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or an Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Operational Risk. The Fund and the Underlying Funds are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Funds and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Funds are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Prepayment Risk. During periods of falling interest rates, issuers of certain debt obligations may repay principal prior to the security’s maturity, which may cause the Fund to have to reinvest in securities with lower yields or higher risk of default, resulting in a decline in the Fund’s income or return potential.

Reinvestment Risk. The Fund or an Underlying Fund may invest a portion of its assets in short-term fixed-income instruments and, as a result, may be adversely affected if interest rates fall because they may have to invest in lower-yielding bonds as bonds mature.

Reliance on Trading Partners Risk. The Fund and certain Underlying Funds invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s or an Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s or an Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund or the Underlying Funds has exposure.

Securities Lending Risk. The Fund or an Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Funds may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Funds could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund or an Underlying Fund.

Structural Risk. The countries in which the Fund or an Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund is expected to invest in the Underlying Funds, the Fund’s realized losses on sales of shares of an Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by an Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of an Underlying Fund, if any, would not offset net capital gains of the Fund.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of a fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in a fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because a fund incurs fees and expenses, while the Underlying Index does not. The Underlying Funds are also subject to tracking error risk in seeking to track their own performance of the applicable underlying indexes.

Treaty/Tax Risk. Certain of the Underlying Funds invest all of their assets that are invested in India in wholly owned subsidiaries located in the Republic of Mauritius (the “Subsidiaries”). These Underlying Funds and the Subsidiaries rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, an Underlying Fund may continue to invest in a Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.

U.S. Treasury Obligations Risk. U.S. Treasury obligations may differ from other securities in their interest rates, maturities, times of issuance and other characteristics and may provide relatively lower returns than those of other securities. Similar to other issuers, changes to the financial condition or credit rating of a government may cause the value of the Fund's or an Underlying Fund's U.S. Treasury obligations to decline.

Valuation Risk. The price the Fund or an Underlying Fund could receive upon the sale of a security or other asset may differ from the Fund's or the Underlying Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's or an Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or an Underlying Fund's shares. Authorized Participants who purchase or redeem shares of the Fund or an Underlying Fund on days when the Fund or an Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or an Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund’s or an Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 8.84% in the 3rd quarter of 2009; the worst was -5.42% in the 1st quarter of 2009.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Core Moderate Allocation ETF | iShares Core Moderate Allocation ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.25%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.06%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.31%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.06%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.25%
1 Year rr_ExpenseExampleYear01 $ 26
3 Years rr_ExpenseExampleYear03 87
5 Years rr_ExpenseExampleYear05 162
10 Years rr_ExpenseExampleYear10 $ 381
2009 rr_AnnualReturn2009 13.74%
2010 rr_AnnualReturn2010 8.08%
2011 rr_AnnualReturn2011 2.14%
2012 rr_AnnualReturn2012 8.50%
2013 rr_AnnualReturn2013 10.41%
2014 rr_AnnualReturn2014 4.45%
2015 rr_AnnualReturn2015 (1.18%)
2016 rr_AnnualReturn2016 5.68%
2017 rr_AnnualReturn2017 11.70%
2018 rr_AnnualReturn2018 (3.86%) [1]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 11.59%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 8.84%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Mar. 31, 2009
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (5.42%)
One Year rr_AverageAnnualReturnYear01 (3.86%)
Five Years rr_AverageAnnualReturnYear05 3.21%
Ten Years rr_AverageAnnualReturnYear10 5.83%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 04, 2008
iShares Core Moderate Allocation ETF | Return After Taxes on Distributions | iShares Core Moderate Allocation ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (4.65%) [2]
Five Years rr_AverageAnnualReturnYear05 2.40% [2]
Ten Years rr_AverageAnnualReturnYear10 5.10% [2]
iShares Core Moderate Allocation ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Core Moderate Allocation ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (2.11%) [2]
Five Years rr_AverageAnnualReturnYear05 2.23% [2]
Ten Years rr_AverageAnnualReturnYear10 4.44% [2]
iShares Core Moderate Allocation ETF | S&P Target Risk Moderate Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (3.72%)
Five Years rr_AverageAnnualReturnYear05 3.31%
Ten Years rr_AverageAnnualReturnYear10 5.92%
[1] The Fund’s year-to-date return as of September 30, 2019 was 11.59%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 147 R7.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Adaptive Currency Hedged MSCI EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® ADAPTIVE CURRENCY HEDGED MSCI EAFE ETF Ticker: DEFA                                 Stock Exchange: Cboe BZX
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Adaptive Currency Hedged MSCI EAFE ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization equities in Europe, Australasia, and the Far East while dynamically hedging currency risk for a U.S. dollar based investor.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees so that the Fund's total annual fund operating expenses after fee waiver is equal to the Acquired Fund Fees and Expenses attributable to the Fund's investment in the iShares MSCI EAFE ETF (“EFA” or the “Underlying Fund”), after taking into account any fee waivers by EFA, plus 0.03% through November 30, 2020. The contractual waiver may be terminated prior to November 30, 2020 only upon written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination November 30, 2020
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund and the Underlying Fund in which the Fund principally invests, the iShares MSCI EAFE ETF, may pay transaction costs, such as commissions, when they buy and sell securities (or “turn over” their portfolios). A higher portfolio turnover rate for the Fund or the Underlying Fund may indicate higher transaction costs and may cause the Fund or the Underlying Fund to incur increased expenses. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example (except costs to the Underlying Fund included as part of Acquired Fund Fees and Expenses), affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 8% of the average value of its portfolio. To the extent the Underlying Fund incurs costs from high portfolio turnover, such costs may have a negative effect on the performance of the Fund.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 8.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI EAFE Adaptive Hedge to USD Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) as an equity benchmark for international stock performance with the foreign currency exposure of the securities included in the Underlying Index dynamically hedged against the U.S. dollar. The Index Provider systematically determines the hedging weights through analysis of four currency risk indicators: carry, momentum, value, and volatility. As of July 31, 2019, the Underlying Index consisted of securities from the following countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

The Fund seeks to achieve its investment objective by investing a substantial portion of its assets in the Underlying Fund.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund and the Underlying Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities or other instruments comprising an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund and the Underlying Fund may or may not hold all of the securities and other components of the applicable underlying index.

The Fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the Underlying Fund) and other instruments of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Components of the Underlying Index include equity securities and currency forward contracts (both deliverable and non-deliverable) designed to hedge against non-U.S. currency fluctuations. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

In order to track the “hedging” component of the Underlying Index, which attempts to mitigate currency risk, the Fund intends to enter into currency forward contracts designed to offset the Fund’s holdings in component securities denominated in a non-U.S. dollar currency. A currency forward contract is a contract between two parties to buy or sell a specified amount of a specific currency in the future at an agreed-upon exchange rate. The Fund’s exposure to currency forward contracts is based on the exposure of the Fund to the component securities and a hedge ratio (“Hedge Ratio”), as calculated by MSCI.

The Underlying Index applies a methodology, based on the Hedge Ratio, that sells the total value or a portion of the total value of each non-U.S. dollar currency in which the securities of the Underlying Index are denominated in the form of a one-month currency contract to create a “hedge” against fluctuations in the relative value of the currencies in relation to the U.S. dollar. The Hedge Ratio is based on four commonly used indicators for measuring currency risk, which are equally weighted and include: value (relative purchasing power between the foreign currency and the U.S. dollar based on exchange rates over a long-term average), momentum (relative price momentum of the foreign currency compared against the U.S. dollar over the previous six months), carry (differences in short-term interest rates between the foreign currency and the U.S. dollar over a long-term average), and volatility (relative price volatility of the foreign currency based on the currency’s one-month average against its six-month average). The overall effect, since the four indicators are equally weighted, is that each foreign currency represented by constituent weights in the Underlying Index can be unhedged, 25% hedged, 50% hedged, 75% hedged or fully hedged relative to the U.S. dollar.

The hedge (based on the Hedge Ratio) is reset on a monthly basis by MSCI and will not be adjusted intra-month based on movement in the value of the underlying equity securities and/or currencies, or based on the four indicators. The Underlying Index may therefore be slightly “over-hedged” (if equity values decline) or “under-hedged” (if the equity values increase) between the month-end rebalances. The Underlying Index is therefore intended to have higher returns than an equivalent unhedged investment when the non-U.S. dollar component currencies are weakening relative to the U.S. dollar. Conversely, the Underlying Index is therefore intended to have lower returns than an equivalent unhedged investment when the non-U.S. dollar component currencies are strengthening relative to the U.S. dollar.

While the use of currency forward contracts, based on the Hedge Ratio, is designed to minimize the impact of the strengthening or weakening of a foreign currency on Fund returns, it does not necessarily eliminate the Fund’s exposure to the non-U.S. dollar component currencies. The return of the currency forward contracts may not perfectly offset the actual fluctuations in value between the non-U.S. dollar component currencies and the U.S. dollar.

The Fund may use non-deliverable forward (“NDF”) contracts to execute its hedging transactions. An NDF is a contract where there is no physical settlement of two currencies at maturity. Rather, based on the movements of the currencies and the contractually agreed-upon exchange rate, a net cash settlement will be made by one party to the other.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities and currency forwards in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below (either directly or through its investments in the Underlying Fund), any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's or the Underlying Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this Prospectus), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's or the Underlying Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Hedging Risk. When a derivative is used as a hedge against a position that the Fund or the Underlying Fund holds, any loss generated by the derivative generally should be substantially offset by gains on the hedged investment, and vice versa. While hedging can reduce or eliminate losses, it can also reduce or eliminate gains. Hedges are sometimes subject to imperfect matching between the derivative and its reference asset, and there can be no assurance that the calculation methodology for the currency hedging or the Fund’s hedging transactions, when implemented, will be effective.

In seeking to track the “hedging” component of the Underlying Index, the Fund invests in currency forward contracts (which may include both physically-settled forward contracts and NDFs) designed to hedge the currency exposure of non-U.S. dollar denominated securities held in its portfolio (directly or indirectly through its investment in the Underlying Fund). NDFs may be less liquid than deliverable currency forward contracts and require the Fund to post variation margin to the counterparty, which can increase costs for the Fund. A lack of liquidity in NDFs of the hedged currency could result in the Fund being unable to structure its hedging transactions as intended. In addition, BFA may seek to limit the size of the Fund in order to attempt to reduce the likelihood of a situation where the Fund is unable to obtain sufficient liquidity in an underlying currency hedge to implement its investment objective.

Currency forward contracts, including NDFs, do not eliminate movements in the value of non-U.S. currencies and securities but rather allow the Fund to establish a fixed rate of exchange for a future point in time. Exchange rates may be volatile and may change quickly and unpredictably in response to both global economic developments and economic conditions in a geographic region in which the Fund or the Underlying Fund invests. In addition, in order to minimize transaction costs, or for other reasons, the Fund’s exposure to the non-U.S. dollar component currencies may not be fully hedged to the extent indicated by the Hedge Ratio, as determined by the indicators described in the Fund's principal investment strategies. At certain times, the Fund may use an optimized hedging strategy and will hedge a smaller number of non-U.S. dollar component currencies to reduce hedging costs. In addition, each currency's hedge is reset on a monthly basis and will not be adjusted during the month based on movement in the value of the component securities or currencies. As a result, the Underlying Index may be “over-hedged” or “under-hedged” between month-end rebalances. Furthermore, while the Fund is designed to hedge against currency fluctuations, it is possible that a degree of currency exposure may remain even at the time a hedging transaction is implemented. As a result, the Fund may not be able to structure its hedging transactions as anticipated or its hedging transactions may not successfully reduce the currency risk included in the Fund’s portfolio. Because currency forwards are over-the-counter instruments, the Fund is subject to counterparty risk as well as market or liquidity risk with respect to the hedging transactions the Fund enters into. Currency hedging activity exposes the Fund to credit risk due to counterparty exposure. This risk will be higher to the extent that the Fund trades with a single counterparty or small number of counterparties.

The effectiveness of the Fund’s currency hedging strategy will in general be affected by the volatility of both the Underlying Index and the volatility of the U.S. dollar relative to the currencies to be hedged, measured on an aggregate basis. Increased volatility in either or both of the Underlying Index and the U.S. dollar relative to the currencies to be hedged will generally reduce the effectiveness of the Fund’s currency hedging strategy as calculated by MSCI. In addition, volatility in one or more of the currencies may offset stability in another currency and reduce the overall effectiveness of the hedges. The effectiveness of the Fund’s currency hedging strategy may also in general be affected by interest rates. Significant differences between U.S. dollar interest rates and some or all of the applicable foreign currency interest rates may impact the effectiveness of the Fund’s currency hedging strategy.

Currency Risk. Because the Fund's and the Underlying Fund's NAVs are determined in U.S. dollars, the Fund's NAV could decline if the currency of one or more of the non-U.S. markets in which the Fund or the Underlying Fund invests depreciates against the U.S. dollar and the depreciation of one currency is not offset by appreciation in another currency and/or the Fund's attempt to hedge currency exposure to the depreciating currency or currencies is unsuccessful. Generally, an increase in the value of the U.S. dollar against the non-U.S. dollar component currencies will reduce the value of a security denominated in such currencies, as applicable. In addition, fluctuations in the exchange rates of currencies could affect the economy or particular business operations of companies in a geographic region, including securities in which the Fund or the Underlying Fund invests, causing an adverse impact on the Fund’s or the Underlying Fund’s investments in the affected region and the U.S. As a result, investors have the potential for losses regardless of the length of time they intend to hold Fund shares. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund or the Underlying Fund, the Fund's or the Underlying Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or the issuers of securities in which the Fund or the Underlying Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants, hedging counterparties to the Fund or issuers of securities in which the Fund or the Underlying Fund invests.

Derivatives Risk. The Fund will use currency forwards and NDFs to hedge the currency exposure resulting from investments in the foreign currency-denominated securities held by the Fund or the Underlying Fund. The Fund’s or the Underlying Fund's use of these instruments, like investments in other derivatives, may reduce the Fund’s or the Underlying Fund's returns, increase volatility and/or result in losses due to credit risk or ineffective hedging strategies. Volatility is defined as the characteristic of a security, a currency, an index or a market, to fluctuate significantly in price within a defined time period. Currency forwards, like other derivatives, are also subject to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. A risk of the Fund’s or the Underlying Fund's use of derivatives is that the fluctuations in their values may not correlate perfectly with the value of the currency or currencies being hedged as compared to that of the U.S. dollar. The possible lack of a liquid secondary market for derivatives and the resulting inability of the Fund or the Underlying Fund to sell or otherwise close a derivatives position could expose the Fund or the Underlying Fund to losses and could make derivatives more difficult for the Fund or the Underlying Fund to value accurately. The Fund or the Underlying Fund could also suffer losses related to its derivatives positions as a result of unanticipated market movements, which losses are potentially unlimited. BFA’s use of derivatives is not intended to predict the direction of securities prices, currency exchange rates, interest rates and other economic factors, which could cause the Fund’s derivatives positions to lose value. Derivatives may give rise to a form of leverage and may expose the Fund or the Underlying Fund to greater risk and increase its costs. Regulatory requirements may make derivatives more costly, may limit the availability of derivatives, and may delay or restrict the exercise of remedies by the Fund upon a counterparty default under derivatives held by the Fund (which could result in losses), remedies or termination rights by the Fund, and may otherwise adversely affect the value and performance of derivatives.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund or the Underlying Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's or the Underlying Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Investment in Underlying Fund Risk. The Fund expects to invest a substantial portion of its assets in the Underlying Fund, so the Fund’s investment performance is likely to be directly related to the performance of the Underlying Fund. The Fund’s NAV will change with changes in the value of the Underlying Fund and other instruments in which the Fund invests based on their market valuations. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Fund, including as a result of the currency hedging activity conducted by the Fund.

As the Fund’s allocation to the Underlying Fund changes from time to time, or to the extent that the total annual fund operating expenses of the Underlying Fund changes, the weighted average operating expenses borne by the Fund may increase or decrease.

Issuer Risk. The performance of the Fund depends on the performance of individual securities and other instruments to which the Fund and the Underlying Fund have exposure. Changes in the financial condition or credit rating of an issuer of those securities or counterparty on other instruments may cause the value of the securities or instruments to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund and the Underlying Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund and the Underlying Fund face numerous market trading risks, including the potential lack of an active market for their shares, losses from trading in secondary markets, losses due to ineffective currency hedges, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S AND THE UNDERLYING FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Model Risk. Neither the Fund nor BFA can offer assurances that the allocation and hedging model used to calculate the Underlying Index will achieve its intended results.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund or the Underlying Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s or the Underlying Fund's shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s or the Underlying Fund's quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s or the Underlying Fund's NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund or the Underlying Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities  or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund and the Underlying Fund are specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund and the Underlying Fund are exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s or the Underlying Fund's service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund, the Underlying Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund and the Underlying Fund are not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund and the Underlying Fund invest in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund and the Underlying Fund are specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s or the Underlying Fund's investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s or the Underlying Fund's investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund or the Underlying Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund and the Underlying Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the European Union (the “EU”) (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund and the Underlying Fund may engage in securities lending. Securities lending involves the risk that the Fund or the Underlying Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund or the Underlying Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Structural Risk. The countries in which the Fund or the Underlying Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. Because the Fund invests in the Underlying Fund, the Fund’s realized losses on sales of shares of the Underlying Fund may be indefinitely or permanently deferred as “wash sales.” Distributions of short-term capital gains by the Underlying Fund will be recognized as ordinary income by the Fund and would not be offset by the Fund’s capital loss carryforwards, if any. Capital loss carryforwards of the Underlying Fund, if any, would not offset net capital gains of the Fund. Each of these effects is caused by the Fund’s investment in the Underlying Fund and may result in distributions to Fund shareholders being of higher magnitude and less likely to qualify for lower capital gain tax rates than if the Fund were to invest directly in the securities and other instruments comprising the Underlying Index. The Fund invests in derivatives. The federal income tax treatment of a derivative may not be as favorable as a direct investment in an underlying asset. Derivatives may produce taxable income and taxable realized gain. Derivatives may adversely affect the timing, character and amount of income the Fund realizes from its investments. As a result, a larger portion of the Fund’s distributions may be treated as ordinary income rather than as capital gains. In addition, certain derivatives are subject to mark-to-market or straddle provisions of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”). If such provisions are applicable, there could be an increase (or decrease) in the amount of taxable dividends paid by the Fund. Income from swaps is generally taxable. In addition, the tax treatment of certain derivatives, such as swaps, is unsettled and may be subject to future legislation, regulation or administrative pronouncements issued by the U.S. Internal Revenue Service (“IRS”).

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities (including shares of the Underlying Fund) and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund’s valuation of a security at the time of calculation of the Fund’s NAV), transaction and hedging costs incurred and forward rates achieved by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or other distributions, interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index and the cost to the Fund of complying with various new or existing regulatory requirements. These risks may be heightened during times of increased market volatility or other unusual market conditions in the affected securities and/or foreign exchange markets. In addition, tracking error may result because the Fund incurs fees and expenses, while the Underlying Index does not, and because the Fund accepts creations and redemptions during time periods between which it is able to adjust its currency hedges, whereas the Underlying Index does not adjust its hedging during these periods. To the extent that the Fund seeks its investment objective through investments in the Underlying Fund, the Fund may experience increased tracking error as compared to investing directly in the component securities of the Underlying Index. The potential for increased tracking error may result from investments in the Underlying Fund due to, among other things, differences in the composition of the investment portfolio of the Underlying Fund as compared to the index tracked by the Underlying Fund and differences in the timing of the Fund’s valuation of: (i) the Underlying Fund and the currency forward contracts (each valued as of the close of the New York Stock Exchange (“NYSE”), typically 4:00 p.m., Eastern Time), (ii) the valuation of the securities in the Underlying Index (generally valued as of each security’s local market close) and (iii) the currency forward contracts included in the Underlying Index (generally valued at 4:00 p.m., London time).

Valuation Risk. The price the Fund and the Underlying Fund could receive upon the sale of a security or unwind of a financial instrument or other asset may differ from the Fund's or the Underlying Fund's valuation of the security, instrument or other asset and from the value used by the Underlying Index, particularly for securities or other instruments that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other instruments in the Fund's or the Underlying Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's or the Underlying Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund or the Underlying Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund or the Underlying Fund not fair-valued securities or used a different valuation methodology. The Fund’s or the Underlying Fund's ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Year Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the period shown above was 5.98% in the 1st quarter of 2017; the worst was -11.74% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Adaptive Currency Hedged MSCI EAFE ETF | iShares Adaptive Currency Hedged MSCI EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.38%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.32%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.70%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.35%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.35%
1 Year rr_ExpenseExampleYear01 $ 36
3 Years rr_ExpenseExampleYear03 188
5 Years rr_ExpenseExampleYear05 355
10 Years rr_ExpenseExampleYear10 $ 837
2017 rr_AnnualReturn2017 21.01%
2018 rr_AnnualReturn2018 (10.66%) [1]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 14.96%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2017
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 5.98%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (11.74%)
One Year rr_AverageAnnualReturnYear01 (10.66%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.15%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 05, 2016
iShares Adaptive Currency Hedged MSCI EAFE ETF | Return After Taxes on Distributions | iShares Adaptive Currency Hedged MSCI EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (11.75%) [2]
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.34% [2]
iShares Adaptive Currency Hedged MSCI EAFE ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Adaptive Currency Hedged MSCI EAFE ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (5.44%) [2]
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.28% [2]
iShares Adaptive Currency Hedged MSCI EAFE ETF | MSCI EAFE Adaptive Hedge to USD Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (10.54%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 4.55%
[1] The Fund’s year-to-date return as of September 30, 2019 was 14.96%
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 148 R190.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI USA Size Factor ETF
iSHARES® EDGE MSCI USA SIZE FACTOR ETF Ticker: SIZE                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Edge MSCI USA Size Factor ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with relatively smaller average market capitalization.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Edge MSCI USA Size Factor ETF | iShares Edge MSCI USA Size Factor ETF 0.15% none none [1] 0.15%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI USA Size Factor ETF | iShares Edge MSCI USA Size Factor ETF | USD ($) 15 48 85 192
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 30% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI USA Low Size Index (the “Underlying Index”), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index (the “Parent Index”). The Parent Index includes U.S. large- and mid-capitalization stocks, as defined by MSCI Inc. (the “Index Provider” or “MSCI”). The Underlying Index is constructed by applying a mathematical formula at each rebalancing that reweights the components of its market capitalization-weighted Parent Index, such that the representation of smaller capitalization companies is increased relative to larger capitalization companies. In addition, at each rebalancing, the Index Provider calculates a “constraint factor” for each component. The constraint factor is the ratio of the component’s weight in the Underlying Index to that component’s weight in the Parent Index. The constraint factor is held constant between each rebalancing, except in the case of corporate events (as defined by the Index Provider). Changes in the relative weight of an individual component in the Parent Index due to market appreciation/depreciation result in that component increasing/decreasing in weight in the Underlying Index to hold the constraint factor for that component constant between each rebalancing. The Underlying Index is rebalanced semi-annually in May and November. As of July 31, 2019, there are 639 component securities in the Underlying Index. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the technology industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Low Size Risk. The Underlying Index is designed to select stocks, in part, based on whether they are low size. The stocks of smaller mid-capitalization companies (“low size companies”) may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid, than those on the larger end of the mid-capitalization range or those of large-capitalization companies. The Fund will invest in low size companies to approximately the same extent that they are represented in the Underlying Index.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 19.92%.
The best calendar quarter return during the periods shown above was 7.39% in the 4th quarter of 2014; the worst was -12.49% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI USA Size Factor ETF
One Year
Five Years
Since Fund Inception
Inception Date
iShares Edge MSCI USA Size Factor ETF (6.51%) 7.92% 9.62% Apr. 16, 2013
iShares Edge MSCI USA Size Factor ETF | Return After Taxes on Distributions [1] (7.04%) 7.39% 9.08%  
iShares Edge MSCI USA Size Factor ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (3.49%) 6.17% 7.59%  
MSCI USA Risk Weighted Index (Index returns do not reflect deductions for fees, expenses, or taxes) [2] (5.19%) 8.34% 10.02%  
MSCI USA Low Size Index (Index returns do not reflect deductions for fees, expenses, or taxes) [2]  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
[2] On December 3, 2018, the Fund’s Underlying Index changed from the MSCI USA Risk Weighted Index to the MSCI USA Low Size Index. The inception date of the MSCI USA Low Size Index was September 11, 2018.
GRAPHIC 149 BarChart32.png IDEA: XBRL DOCUMENT begin 644 BarChart32.png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
RZO47G*-J?RN%A[9Y_6>7.,I1R815O&J7=@(@O G MV3I1>;LJ=QL871V4R[YD"EF27",(@M##A-\C\U/Y (.&,UZ@)]=(\1($P1FE:T'#CZOYY)K>TY5B M0(J7((@\H.5:,(JC-8$FCIL!",#D&J_5,&;S,0HG\FJD-$:K:JRLVG*C'&;" MI>%1+J.R%*(<99=5[2DUO0
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

GRAPHIC 150 BarChart36.png IDEA: XBRL DOCUMENT begin 644 BarChart36.png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end GRAPHIC 151 BarChart6.png IDEA: XBRL DOCUMENT begin 644 BarChart6.png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

I%]$": =R?&7P+2;T7-+ OI%8VT8;$/"CA8)@B"( M<*"?]0-49-\YV;S2T^R:7?9%H;^"/B#:@__(S@12ETN(DU-87D, Y): S0(@B (F1CL?S38I\J;%=0_K:[?.)2S3/SL ]S& M13.!1(FA5>#"S;R\D9_VB;%"8U*['%SH@R (@@@39GN&C8P];0_!ZS>T8?#V M#$:#XC "1?>6LM^M5O'LKO)IXQ39-B"ZA]7,'9L/WI\H9OM,1>Z)ABM:]CS_ M/#]69<0-4&O,-:-=#LZZY"FTQAA4M"-,BX)@TR]2_T;WG=:551RBLF2D2T9I ML9,VN^FWDB>C?(CJHHB,FETW:A>,]$$D#R*X*6NS-!BYD]D66:7-3KJ-PK1J M5\S28J87=LK225MH5!Y&:30*T\R?&7;:'+.ZLHK#3EMD54:ZY=N<(_V2;O-V M("7_V?SD,+.3/* V!>UI*(['*P8:&Q;MA[=AMTT?L\=Z)*+1*' MJ#LKOZ)N[2BZ2!Q._)KEV2H4&49TSNR:2-C?I MEU'^HL:%Z'6[.B^[/7)2UD[R)IH>N^[M&AZB:;#CUTX;YK2,W):YDW:%Y\^) M_/G='KDJ<]Z^;NVOPO4?Q]@I>Z/O-OHZ)T36"#0SM E"2[RZO;2P2.8(@B"* M$UGMNY_]A-NX(FL$$@1!$ 1!V(>=1N+M"U1TUXN1XM@32! $01 $P4&!9NM/ MWKCC[^=F7QV7.S&"_\:HW*=F6U'$(".0( B"((BB16W:S]T,:ZQIGP,N?'V< MK0=#U.C-'$9V.9CV!!($082'QL9&C+GZ*G39J@M^_^UW_.V44]"O_T$Z=]]_ M/P]W3[X#N^ZZ&Q8LF(_S+K@0>_79&P!P__1I^/67G]&Q4RV6?AUCLFHV^__OCYIY\P?.@Q^&;^#YCWW;>X;^H4?/W] @# =>.N MP9UWW(8Q8Z_%79/OP,./S4 FD\$Y9YZ!F<_UQ7U3I^#_3OH;&8"$ -KW_:+Y M>\%K/PN7A'FOD&MVIS7UHCT=1?_U5''A@7P! FS9MT+%C1WSZ MR1R=NU]^_@G=NG4' &RW_?;X_???\.LOO^#77W_%UEV[YMWUV&Y[O//6FP" M]NW;8U5M+5;5UF*++;; +S__C'GSOL/08X_S(6=$\<#._+'+NWJ#KO"% :P? M-NSH$=V90%H/)@B"" TK:E:@=9OJ?+O.NQ17_O 1W3KT'-T^:B,;&1IQPXDG8>9==_,\T$4&T[X\'>$:AHC$(=?NM-=.O6'<-. M. &GG'@"7GAEEJN\E)+>^-D6P:>X3,F_&(!-$?NTK_'^P.;[O(=#-$\'1^P) MX<@:@301Z"T1&LA$"K_R6DIE2@3'W\\\"W\_\RP P-UW3L8G'W^,PPX_ FO7 MKD5M;2WVW_\ * "6+EF"CITZH:RL#$L6+\:8L>,0B\7PQ^^_8^^]]T''#AT M *U:ML)U3<;>I!NNQZFGG0&@69Y_6+ \[__'I==,1+W3IV"[7OV1*N6+9%, M)J7(?"GI34FU\:9/[?)>_\:^041_DJ!^!K')E>>^+"$1<# #[\X'W,?.HI M=-]V6]0L7XZ;;[L=B40"G\SY&"\V/;%XG/:)Q9-.Q-1I],0B45I<<-$(C+GZ M*MQ\XT0L6K0(#S[R*%JT: $ ^,?_MW?NT5%5]Q[_G@DA0" 4# 2"@B\J(/'J M:KV1 ,50;V\U/%0L@5;!&!26\KBM/$4@ E;*TT1 >S4\M+454%' U:(L78N% M2U"+& JY\EBF&"0/M,0,(20SY_Z19)B]GK:S).7OOW_[]]FM^ ML\_>^TQY!$],GX&['#N'AO/SP&DO65U6C7KAUNR[@9 MGQ\I07)R,A8]M0!IO7IA^LQ9F/# .&QZM7G'XL.3\=<=;V)]42&NN:8OQM[' M!>N$$!(->(L7PO>O8Y D"5*[!1JOTP &@I)1$%4!$CMVD%*; =/4B(\[1,A MM6\/3_L$2(F)D!+;04I(@-2R>=@O WX9HM=:.BCSU8NC]A#<**Z1/"W9>G'5\E?>TXNCMPY#:W+;3%U?N7_3 M@($8DC4TZ!>:>GGTZMT;5555 (#JJBK<-& @DI,[X]#!3]"K5R\D)S?]^!@Z M_&?8LVL7 G=NG?'^>KS.%]]'MU;=BR6E#0[@'IEH%7?>F6@9[-H6])*)]+F MM-J'47ZB.HGV&9%PD7R-RDU/+STY6NF,]#;3CYPH*Y'X1G&,XIIM:T:RM6Q0 MYJ_$*(Z6[O+TZMHHG9Z]6GJJR=!*IY6WFIY&UWKWU&2KI=.K.]%^9;:- M:N0I:]O:=$[@E:NV=JK9!K1>>Z@NVUQ_$+'1.JY]''S%=*..IA9'39K:_WKQ MS%X;=4X[^8J&J<6Q8H/1P"@2QTY96=%-TNDN$AY];!H>^O4$S/[M_Z#DRR_Q MQ(P92/!X4%51B924E$!;ZYJ2@LJ*IL7JBPN6!G8L+ERT!+^;-0//O[ !*YY] M%I8,#U@T__:4M3>/"*W"E;W38QT4\81ZQ MA"1)V+;C[3:'U:HQ)6\R1HT9@X?S\E%75X>,03?AEO^X%3W3TIJ.J6BFIJ8& M/=/2 #IZ>F!1>SKUJS&KW_S(/9]L!=]^_;%N%^-Q\3\05KY/6.T:07$5U^Y971? Q8^#"5'GX;Q\O+/K/>Q\=X^N M UA>7HZ&A@8 P#???(->O7H# #IV[(AN/^J&R_7U^,_,.U!1<0ZUM;4 @ /[ M]V/4Z#&MY#3M6#R*>^\?AYH+-;@J-14=.G1 8[-L0@@AT8!R8TAP6,NS(IV= MOX%X2F=/^SE3M,.90!+37+Y\&>O6K,:9,__"N^_L1/ND)(P>,Q8 ,'5*'AZ? M/A/WY(S"RM5K4+AN+4J^_!+??GL6H\?>V[26$$#QYJV8\^1OT;=O/URLNXAI MCS\1D._W^[%PP3S\;_%F $T[%I<]LP2?@3C?W>3%X[U>]/A12I.=%G8'Q\9,H-4UUT[)=F+M M*[F":'F%NURC52^W([H6WFPZT3Q#*=O)\Q^QWA=!K5,$EJ\M#:O"]8;3.(GB.H\/)D7(G;/ T8BCX?K(&=PPN4 MN-8)#";4IQ]$*$F%#K%6Y"4?>A M."6'A)](C$>FVJ.,*[N#);4U?FK'O@2[7+)*6'!.S6&R[/CCX%"W^9AP @DA MA!!"S*&U6UCY3%?K&:_*?9<]#N::0$(((83$*6:\-HU'PBZ&3B AA!!"8IN6 M-WK8WE&@L^##;5N#02>0$$(((;%,P.=K>Z2+0"*-<,5]%SJ @)O7! 8[\VXF M6K>W\47S[H3MB5@E6ML.$-VZ$76BK9NRVNQ-4KQY$=3"3GY9\,YEHE;.>;#/UH&Q_@2FU.* .3LLVB-A:)]&LKLLWH8#8?D;X;EK';1"9:8Z43]: = M3V\CB-H]Y0YAO;36"=?8T8)K9P+-?LDZ77B..H(:GW9UL>T("N3G]&"B)S-: M'4&]=*%T!.W*,]+7;CVHM3\GRX..H'U9>O5A93PR.Q:9E6]6ME595NZ9D6VF M;=C-RXH.5O,)55O4DFTJOU:_0D7.!)2@[N!IY!KT2]?)[UBC,+MYN=8))(00 M0@@11E8X?W*PLZ?Q1I# O5:"T&96T&VO"FDF9AX'$T(((83H$^2\M3HX.CA< MS>G3"W?!L\4*F8-73@;2">0$$(((;&/ MI'3:]-;^J:'VV%@*DNT^Z 020@@A)+:1I* U@6H.FS),^7YAC?A2\V?+NXE= M!IU 0@@AA,0VLG)=7_#_6H^"U>*C=;C0ITB6LY&&V;LR\R$>4X)<$.5D?5FTSHX.6SFHK7:S:9J;N MGFT['#8)MK^[-CF]!E49O,3C6.] M+XJM_Q$9_M4^S>LCII=H&8CF%\IZ=7(L4J:-U%AD-8VH/"=EA\,VT7IPF=+(,^&7(K3[] M5_YO=@*E#LF"NEH?BX+OVVT[KG8"[>/$U*U811)"[*"<6[!*M/95CD6$A(IV MO:^SE$[;P7*BKT5'7W7YFL!@7UAM#D-D7D-T+D(IK^5:[<&"6GR]O.S^OM4K M![4X6N%6RB1O)$KVO M526NN6S/1M41OU]#.29=3OS(Z? M6G(C,1Z%5C5DMCME5,WH-4W15CX@L MM7C*:[UZ4EO%I?P460^BIY^(_J*K[ZPZ"B)AHE\Z1G*-UM%HR=.3*?+EJU:' M1NCE']S7].*9^1()ENU4_6K)-))O%&[4YZV,17KQU?J=5APSJ\O,?">$:CS2 MRT/-)C6G0D]',]]C9L;;RAU<$/_5L?ECX/5 M"-JM0P@AEG!J#.%81 BQ0VC'D!B<"0R/]TP(B65"/1M"""$BA'8,B9V90(ZU M8K"<",!V((K5#E78G4LYJ\D7: MK-Z:8[6T6O>TXFB5M58:9;A>G6C%L]JOCHJVF6 ]C,I)^2DZ'MGI"+T^ MJJ>SE@YZZ=7J1V1,%96OEI]>WL&$X,FP>Q\'!P\B4M!X(C*HJ(49Y64D3R^> M47YZ#=3*X"N2E]8]LU^^HGD8(;HAS0HMZ96;2=4V@SH]^%K9-*8GSRC,:+ S MTS;-MF,1'8S2VVV+=@9?E?!6XXJ1[*"Z;C,>B=25"&;LMC(>Z96_E;'(*)U3 M8ZJ3XU&XQZ*6^WH;A.WD%8R5#?5&,K7"C/JRV3*VXPBJZ6!F+-)+Y[0CJ'.M M.A[9;">N=0(#?45J?<]VQR&1(1SU9F40<3I/X@ZLC"N2RB7KWWU$:ES@>$34 M,!A7[%9IR)W @P1@T:! V;MP8N'_AP@7,F3,'UU]_/4Z<.($GGWP2 M@P8-"K4ZA!!""(D#'IV2CZ^__AH (,LR3IT\B1?6;\"HT:-;Q1LS:A3J+M4% MXOWSZ%'L_6 ?,C(R4%U=C<+GUZ%'SYXX\L41#!HT$$_.GH.//_X8;^[8#DF2 MKQ<3 MC5?_]"?X_7X\/&D2LMYZ"T5%A9@P<:)K'$ @Q!M#$A(2,'GR9-6P7;MV8>C0 MH0" 0,&H+R\'&5E9:%4AQ!"""%Q0HMC!P"[WGT7_WWW+^'QM'5[@N,5%[^" M1_+S 0"5E94XQ/1.8DY.#;[_]-G MRS(D2<*8,6-04%"@F:ZBH@(I M*2F!ZY24%%145*!?OWY"^38T-*"AH4$US./Q("$A0

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end XML 152 R143.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI Min Vol USA Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI MIN VOL USA SMALL-CAP ETF Ticker: SMMV                                 Stock Exchange: Cboe BZX
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI Min Vol USA Small-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of small-capitalization U.S. equities that, in the aggregate, have lower volatility characteristics relative to the small-capitalization U.S. equity market.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 48% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 48.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI USA Small Cap Minimum Volatility (USD) Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) to measure the performance of small-capitalization U.S. equities that in the aggregate have lower volatility characteristics relative to the small-capitalization U.S. equity market. In constructing the Underlying Index, MSCI uses a rules-based methodology to select securities from the MSCI USA Small Cap Index (the “Parent Index”), which is a capitalization-weighted index that represents approximately 14% of the free-float adjusted market capitalization in the U.S., and to determine the weightings of such securities in the Underlying Index. Under the rules-based methodology, securities and weightings of the Underlying Index are established based on pre-established parameters and discretionary factors are not relied on.

Generally, the rules-based methodology includes specified requirements for security eligibility, maximum and minimum weightings by security and, in some cases, by sector and country, established rules relating to handling of special dividends and other distributions and treatment of corporate events. In order to determine weightings by security within the Underlying Index, MSCI seeks to construct a portfolio of the lowest absolute volatility, as measured by MSCI, using its multi-factor risk model. The portfolio is then further refined by an optimization tool that aims to determine the lowest absolute volatility based on the projected “riskiness” of securities in the Parent Index while applying constraints based on established minimum and maximum weightings of index constituents and sectors as well as factor constraints (for example, liquidity and financial leverage) as measured by MSCI.

As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and real estate industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Real Estate Investment Risk. The Fund may invest in companies that invest in real estate (“Real Estate Companies”), such as real estate investment trusts (“REITs”) or real estate holding and operating companies, which expose investors in the Fund to the risks of owning real estate directly, as well as to risks that relate specifically to the way in which Real Estate Companies are organized and operated. Real estate is highly sensitive to general and local economic conditions and developments, and characterized by intense competition and periodic overbuilding. Many Real Estate Companies, including REITs, utilize leverage (and some may be highly leveraged), which increases investment risk and the risk normally associated with debt financing, and could potentially magnify the Fund’s losses. Rising interest rates could result in higher costs of capital for Real Estate Companies, which could negatively affect a Real Estate Company's ability to meet its payment obligations or its financing activity and could decrease the market prices for REITs and for properties held by such REITs.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Volatility Risk. Although the Underlying Index was created by the Index Provider to seek lower volatility than the Parent Index and the Fund's name reflects the name of the Underlying Index as provided by the Index Provider, there is no guarantee that the Index Provider will be successful in creating an index that minimizes volatility, and there is a risk that the Fund may experience more than minimum volatility. Securities in the Fund's portfolio may be subject to price volatility, and the prices may not be any less volatile than the market as a whole, and could be more volatile.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 7.64% in the 2nd quarter of 2018; the worst was -10.76% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI Min Vol USA Small-Cap ETF | iShares Edge MSCI Min Vol USA Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.20%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.20%
1 Year rr_ExpenseExampleYear01 $ 20
3 Years rr_ExpenseExampleYear03 64
5 Years rr_ExpenseExampleYear05 113
10 Years rr_ExpenseExampleYear10 $ 255
2017 rr_AnnualReturn2017 13.95%
2018 rr_AnnualReturn2018 1.48% [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 19.31%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2018
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 7.64%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (10.76%)
One Year rr_AverageAnnualReturnYear01 1.48%
Since Fund Inception rr_AverageAnnualReturnSinceInception 8.32%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 07, 2016
iShares Edge MSCI Min Vol USA Small-Cap ETF | Return After Taxes on Distributions | iShares Edge MSCI Min Vol USA Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 0.95% [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 7.71% [3]
iShares Edge MSCI Min Vol USA Small-Cap ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI Min Vol USA Small-Cap ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 1.04% [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 6.25% [3]
iShares Edge MSCI Min Vol USA Small-Cap ETF | MSCI USA Small Cap Minimum Volatility (USD) Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 1.74%
Since Fund Inception rr_AverageAnnualReturnSinceInception 8.57%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 19.31%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.

GRAPHIC 153 BarChart2.png IDEA: XBRL DOCUMENT begin 644 BarChart2.png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end XML 154 R126.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI Min Vol Japan ETF
iSHARES® EDGE MSCI MIN VOL JAPAN ETF Ticker: JPMV                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Edge MSCI Min Vol Japan ETF (the “Fund”) seeks to track the investment results of an index composed of Japanese equities that, in the aggregate, have lower volatility characteristics relative to the broader Japanese equity markets.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Edge MSCI Min Vol Japan ETF | iShares Edge MSCI Min Vol Japan ETF 0.30% none none [1] 0.30%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI Min Vol Japan ETF | iShares Edge MSCI Min Vol Japan ETF | USD ($) 31 97 169 381
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 23% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Japan Minimum Volatility (USD) Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) to measure the performance of Japanese equity securities that, in the aggregate, have lower volatility characteristics relative to the large- and mid-cap Japanese equity market. In constructing the Underlying Index, MSCI uses a rules-based methodology to select securities from the MSCI Japan Index (the “Parent Index”), which is a capitalization-weighted index, and to determine the weightings of such securities in the Underlying Index. Under the rules-based methodology, securities and weightings of the Underlying Index are established based on pre-established parameters and discretionary factors are not relied on.

Generally, the rules-based methodology includes specified requirements for security eligibility, maximum and minimum weightings by security and, in some cases, by sector and country, established rules relating to handling of special dividends and other distributions and treatment of corporate events. In order to determine weightings by security within the Underlying Index, MSCI seeks to construct a portfolio of lowest absolute volatility, as measured by MSCI, using its multi-factor risk model. The portfolio is then further refined by an optimization tool that aims to determine the lowest absolute volatility based on the projected “riskiness” of securities in the Parent Index while applying constraints based on established minimum and maximum weightings of index constituents and sectors as well as factor constraints (for example, liquidity and financial leverage) as measured by MSCI.

The Underlying Index may include large- or mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the consumer discretionary and industrials industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Discretionary Sector Risk. The consumer discretionary sector may be affected by changes in domestic and international economies, exchange and interest rates, competition, consumers' disposable income, consumer preferences, social trends and marketing campaigns.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. Japan is located in a part of the world that has historically been prone to natural disasters such as droughts, earthquakes, floods, hurricanes, tornadoes, tsunamis or volcanic eruptions, and is economically sensitive to environmental events. Any such event may adversely impact Japan's economy or business operations of companies in Japan, causing an adverse impact on the value of the Fund.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Lack of Natural Resources Risk. The Fund invests in Japan, which has few natural resources. Any fluctuation or shortage in the commodity markets could have a negative impact on Japanese securities.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of Japanese securities or Japanese markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in a country whose economy is heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk and U.S. Economic Risk.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.

Volatility Risk. Although the Underlying Index was created by the Index Provider to seek lower volatility than the Parent Index and the Fund's name reflects the name of the Underlying Index as provided by the Index Provider, there is no guarantee that the Index Provider will be successful in creating an index that minimizes volatility, and there is a risk that the Fund may experience more than minimum volatility. Securities in the Fund's portfolio may be subject to price volatility, and the prices may not be any less volatile than the market as a whole, and could be more volatile.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 8.28%.
The best calendar quarter return during the periods shown above was 13.04% in the 1st quarter of 2015; the worst was -7.79% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI Min Vol Japan ETF
One Year
Since Fund Inception
Inception Date
iShares Edge MSCI Min Vol Japan ETF (5.59%) 6.66% Jun. 03, 2014
iShares Edge MSCI Min Vol Japan ETF | Return After Taxes on Distributions [1] (5.87%) 6.27%  
iShares Edge MSCI Min Vol Japan ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (3.06%) 5.23%  
MSCI Japan Minimum Volatility (USD) Index (Index returns do not reflect deductions for fees, expenses, or taxes) (5.44%) 6.85%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 155 R67.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Core MSCI Total International Stock ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® CORE MSCI TOTAL INTERNATIONAL STOCK ETF Ticker: IXUS                                 Stock Exchange: NASDAQ
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Core MSCI Total International Stock ETF (the “Fund”) seeks to track the investment results of an index composed of large-, mid- and small-capitalization non-U.S. equities.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses. The Fund may incur “Acquired Fund Fees and Expenses.” Acquired Fund Fees and Expenses reflect the Fund's pro rata share of the fees and expenses incurred by investing in other investment companies. The impact of Acquired Fund Fees and Expenses is included in the total returns of the Fund. Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”). BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other series of the Trust and iShares, Inc. through November 30, 2021. The contractual waiver may be terminated prior to November 30, 2021 only upon the written agreement of the Trust and BFA.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination November 30, 2021
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 6% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 6.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The expense information in the table has been restated to reflect current fees.
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees Acquired Fund Fees and Expenses are not included in the calculation of the ratio of expenses to average net assets shown in the Financial Highlights section of the Fund's prospectus (the “Prospectus”).
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI ACWI ex USA IMI (the “Underlying Index”), which is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries, excluding the U.S. As of July 31, 2019, the Underlying Index consisted of securities from companies in the following countries or regions: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czechia, Denmark, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, the Netherlands, New Zealand, Norway, Pakistan, Peru, the Philippines, Poland, Portugal, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Arab Emirates and the United Kingdom (the “U.K.”) (together, the “ACWI ex US IMI countries”). As of July 31, 2019, the Underlying Index was comprised of 6,403 securities. The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund will invest all of its assets that are invested in India through a wholly owned subsidiary located in the Republic of Mauritius (the “Subsidiary”). BFA serves as investment adviser to both the Fund and the Subsidiary. Unless otherwise indicated, the term “Fund,” as used in this Prospectus, means the Fund and/or the Subsidiary, as applicable.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Custody Risk. Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. Some countries in which the Fund invests have privatized, or have begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Emerging Markets. The Fund's investments in emerging market issuers may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.

Risk of Investing in India. Investments in Indian issuers involve risks that are specific to India, including legal, regulatory, political and economic risks. Political and legal uncertainty, greater government control over the economy, currency fluctuations or blockage, and the risk of nationalization or expropriation of assets may result in higher potential for losses. The securities markets in India are relatively underdeveloped and may subject the Fund to higher transaction costs or greater uncertainty than investments in more developed securities markets.

Risk of Investing in Russia. Investing in Russian securities involves significant risks, including legal, regulatory and economic risks that are specific to Russia. In addition, investing in Russian securities involves risks associated with the settlement of portfolio transactions and loss of the Fund’s ownership rights in its portfolio securities as a result of the system of share registration and custody in Russia. A number of jurisdictions, including the U.S., Canada and the European Union (the “EU”), have imposed economic sanctions on certain Russian individuals and Russian corporate entities. Additionally, Russia is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Russian government or Russian companies, may impact Russia’s economy and Russian issuers of securities in which the Fund invests.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Security Risk. Some countries and regions in which the Fund invests have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country's or region's security may cause uncertainty in its markets and may adversely affect its economy and the Fund's investments.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. The Fund that seeks to track an index that contains a large number of securities may experience a higher level of tracking error than a more narrow index.

Treaty/Tax Risk. The Fund and the Subsidiary rely on the Double Tax Avoidance Agreement between India and Mauritius (“DTAA”) for relief from certain Indian taxes. The DTAA has been renegotiated and as such, treaty relief is reduced or not available on investments in securities made on or after April 1, 2017, which may result in higher taxes and/or lower returns for the Fund. After April 1, 2017, the Fund may continue to invest in the Subsidiary until an alternative method for investing in the securities of Indian issuers is selected.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Fund's Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 10.35% in the 3rd quarter of 2013; the worst was -11.88% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Core MSCI Total International Stock ETF | iShares Core MSCI Total International Stock ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.09% [1]
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none [1]
Other Expenses rr_OtherExpensesOverAssets none [1],[2]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets none [1],[2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.09% [1]
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets none [1]
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.09% [1]
1 Year rr_ExpenseExampleYear01 $ 9
3 Years rr_ExpenseExampleYear03 29
5 Years rr_ExpenseExampleYear05 51
10 Years rr_ExpenseExampleYear10 $ 115
2013 rr_AnnualReturn2013 15.85%
2014 rr_AnnualReturn2014 (3.96%)
2015 rr_AnnualReturn2015 (4.62%)
2016 rr_AnnualReturn2016 4.66%
2017 rr_AnnualReturn2017 28.08%
2018 rr_AnnualReturn2018 (14.55%) [3]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 11.59%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 10.35%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (11.88%)
One Year rr_AverageAnnualReturnYear01 (14.55%)
Five Years rr_AverageAnnualReturnYear05 0.96%
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.70%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 18, 2012
iShares Core MSCI Total International Stock ETF | Return After Taxes on Distributions | iShares Core MSCI Total International Stock ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (15.01%) [4]
Five Years rr_AverageAnnualReturnYear05 0.42% [4]
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.16% [4]
iShares Core MSCI Total International Stock ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Core MSCI Total International Stock ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (8.06%) [4]
Five Years rr_AverageAnnualReturnYear05 0.83% [4]
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.96% [4]
iShares Core MSCI Total International Stock ETF | MSCI ACWI ex USA IMI (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (14.76%)
Five Years rr_AverageAnnualReturnYear05 0.85%
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.58%
[1] The expense information in the table has been restated to reflect current fees.
[2] The amount rounded to 0.00%.
[3] The Fund’s year-to-date return as of September 30, 2019 was 11.59%.
[4] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 156 R247.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares MSCI China A ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® MSCI CHINA A ETF Ticker: CNYA                                 Stock Exchange: Cboe BZX
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares MSCI China A ETF (the “Fund”) seeks to track the investment results of an index composed of domestic Chinese equities that trade on the Shanghai or Shenzhen Stock Exchange.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 44% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 44.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI China A Inclusion Index (the “Underlying Index”), which is designed to measure the equity market performance in the People’s Republic of China (“China” or the “PRC”), as represented by “A-shares” (as defined below) that are accessible through the Shanghai-Hong Kong Stock Connect program (“Shanghai Connect”) or the Shenzhen-Hong Kong Stock Connect program (“Shenzhen Connect,” and together with Shanghai Connect, “Stock Connect”). “A-shares” are equity securities of companies based in China that trade on the Shanghai Stock Exchange (“SSE”) and the Shenzhen Stock Exchange (“SZSE”).

The Underlying Index is designed to track the inclusion of A-shares in the MSCI Emerging Markets Index over time and is constructed by MSCI, Inc. (the “Index Provider” or “MSCI”) by applying eligibility criteria for the MSCI Global Investable Market Indexes (“GIMI”), and then excluding mid- and small-capitalization A-shares (as determined by MSCI), A-shares suspended for trading for more than 50 days in the past 12 months and A-shares that are not accessible through Stock Connect. The Underlying Index is weighted by each issuer’s free float-adjusted market capitalization available to foreign investors and includes only large-capitalization companies, as determined by MSCI. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

The Fund intends to invest in A-shares included in the Underlying Index primarily through Stock Connect. Stock Connect is a securities trading and clearing program with an aim to achieve mutual stock market access between the PRC and Hong Kong. Stock Connect was developed by Hong Kong Exchanges and Clearing Limited, the SSE (in the case of Shanghai Connect) or the SZSE (in the case of Shenzhen Connect), and China Securities Depository and Clearing Corporation Limited (“CSDCC”). Under Stock Connect, the Fund’s trading of eligible A-shares listed on the SSE or the SZSE, as applicable, would be effectuated through its Hong Kong brokers. Trading through Stock Connect is subject to a daily quota (the “Daily Quota”), which limits the maximum net purchases under Stock Connect each day, and as such, buy orders for A-shares would be rejected once the Daily Quota is exceeded (although the Fund will be permitted to sell A-shares regardless of the Daily Quota balance). The Daily Quota is not specific to the Fund. From time to time, other stock exchanges in China may participate in Stock Connect, and A-shares listed and traded on such other stock exchanges and accessible through Stock Connect may be added to the Underlying Index, as determined by MSCI.

Foreign investment in A-shares is also permitted through regulations in the PRC known as the Renminbi Qualified Foreign Institutional Investor (“RQFII”) system. Under certain circumstances, including when the Fund’s ability to invest in A-shares through Stock Connect is restricted as a result of the Daily Quota or otherwise, the Fund may invest directly in A-shares under the RQFII system.

While the Fund seeks to invest in A-shares, the Fund occasionally may invest in other assets consistent with its investment strategies if it is not possible to acquire A-shares.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

A-Share Market Suspension Risk. The A-shares market can have a higher propensity for trading suspensions than many other global equity markets. Trading suspensions in certain stocks could lead to greater market execution risk, valuation risks, liquidity risks and costs for the Fund, and the creation and redemption of Creation Units (as defined below) may also be disrupted.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Cash Transactions Risk. The Fund expects to effect all of its creations and redemptions for cash, rather than in-kind securities. As a result, the Fund may have to sell portfolio securities at inopportune times in order to obtain the cash needed to meet redemption orders. This may cause the Fund to sell a security and recognize a capital gain or loss that might not have been incurred if it had made a redemption in-kind. The use of cash creations and redemptions may also cause the Fund’s shares to trade in the market at wider bid-ask spreads or greater premiums or discounts to the Fund’s NAV.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. The Fund’s assets will be invested primarily in domestic Chinese equities and the income received by the Fund will be primarily in renminbi (“RMB”). Because the Fund’s NAV is determined on the basis of the U.S. dollar, investors may lose money if the RMB depreciates against the U.S. dollar, even if the local currency values of the Fund’s holdings in Chinese securities increase. Furthermore, the Fund may incur costs in connection with conversions between U.S. dollars and RMB, as well as in connection with conversions between the two separate types of RMB, the onshore RMB (“CNY”) and the offshore RMB (“CNH”). The Fund does not intend to hedge its currency exposure.

While transactions with Authorized Participants will be in U.S. dollars, the Fund’s transactions in A-shares through Stock Connect not in connection with creation or redemption activity generally will be in CNH. To the extent the Fund transacts in A-shares under the RQFII regime, such transactions will be in CNY. CNY and CNH are traded in separate markets that operate independently, may trade at different rates and may not move in the same direction. The Underlying Index uses CNH to value its component securities, and the CNH exchange rate will be used for purposes of determining the Fund’s NAV. To the extent that the Fund invests in A-shares under the RQFII regime, or income received by the Fund is in CNY, and the CNY exchange rate differs from the CNH exchange rate, the Fund’s NAV and its ability to track the Underlying Index may be adversely impacted.

In addition, there is no assurance that there will always be sufficient amounts of RMB available for the Fund to remain fully invested in Chinese equities. The Chinese government heavily regulates the domestic exchange of foreign currencies and RMB exchange rates in China, which may adversely affect the operations and financial results of the Fund’s investments in China.

Custody Risk. Less developed securities markets are more likely to experience problems with the clearing and settling of trades, as well as the holding of securities by local banks, agents and depositories.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. Chinese financials sector regulation and ownership may be more intrusive than in the U.S. and other developed countries, especially with respect to the regulation of non-Chinese banks and other non-Chinese financial companies. Greater Chinese governmental involvement in the financials sector may pose additional risks for investors. Market conditions in China may be particularly subject to change based on government policy. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in the region in which the Fund invests, which could affect the economy or particular business operations of companies in the region, causing an adverse impact on the Fund’s investments.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Timing Risk. The Fund is subject to the risk that an Authorized Participant may create or redeem shares of the Fund at a net asset value that does not take into account events subsequent to the local China market close and therefore may not appropriately reflect the intrinsic value of the Fund’s assets.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Nationalization Risk. Investments in China may be subject to loss due to expropriation or nationalization of assets and property or the imposition of restrictions on foreign investments and repatriation of capital.

Non-U.S. Securities Risk. Investments in Chinese issuers are subject to the risks associated with investing in China, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of Chinese securities or Chinese markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Privatization Risk. China has privatized, or has begun the process of privatizing, certain entities and industries. Privatized entities may lose money or be re-nationalized.

Reliance on Trading Partners Risk. The Fund invests in a country whose economy is heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in China. Investments in Chinese securities subject the Fund to risks specific to China. Investments in certain Hong Kong-listed securities may also subject the Fund to exposure to Chinese companies. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the last few decades, the Chinese government has undertaken reform of economic and market practices and has expanded the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. China has experienced security concerns, such as terrorism and strained international relations. Additionally, China is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Chinese government or Chinese companies, may impact China’s economy and Chinese issuers of securities in which the Fund invests. Incidents involving China's or the region's security may cause uncertainty in Chinese markets and may adversely affect the Chinese economy and the Fund's investments. Export growth continues to be a major driver of China's rapid economic growth. Reduction in spending on Chinese products and services, institution of additional tariffs or other trade barriers (including as a result of heightened trade tensions between China and the U.S., or in response to actual or alleged Chinese cyber activity) or a downturn in any of the economies of China's key trading partners may have an adverse impact on the Chinese economy.

Risk of Investing in Emerging Markets. The Fund's investments in China may be subject to a greater risk of loss than investments in issuers located or operating in more developed markets. Emerging markets may be more likely to experience inflation, political turmoil and rapid changes in economic conditions than more developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable securities valuations and greater risk associated with custody of securities than developed markets.

Risk of Investing through Stock Connect. Investing in A-shares through Stock Connect is subject to trading, clearance, settlement and other procedures, which could pose risks to the Fund. Trading through Stock Connect is subject to the Daily Quota, which may restrict the Fund’s ability to invest in A-shares through Stock Connect on a timely basis and could affect the Fund’s ability to effectively pursue its investment strategy. Stock Connect will only operate on days when both the Chinese and Hong Kong markets are open for trading and when banking services are available in both markets on the corresponding settlement days. Therefore, an investment in A-shares through Stock Connect may subject the Fund to the risk of price fluctuations on days when the Chinese markets are open, but Stock Connect is not trading.

Structural Risk. The country in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tax Risk. A 10% PRC withholding tax is applicable to the payment of dividends and interest to foreign investors by PRC-listed companies. Withholding tax, as a technical matter, is legally applicable to capital gains realized by foreign investors on the disposal of A-shares under the PRC Corporate Income Tax (“CIT”); however, before the release of Caishui (“Circular”) 79 by the PRC tax authorities, the PRC tax authorities had not in practice been reported to have sought to collect such withholding tax on capital gains realized by foreign investors on the disposal of A-shares. Under Circular 79, which was released by the PRC tax authorities on November 14, 2014, capital gains realized on or after November 17, 2014 by Qualified Foreign Institutional Investors (“QFIIs”) and RQFIIs from the disposal of A-shares, including PRC “land-rich” companies (i.e., companies that have derived more than 50% of their value from immovable property located in the PRC at any time in the three years prior to the disposal) are temporarily exempt from Chinese taxation. A second notice was issued the same day providing that the capital gain from disposal of A-shares by foreign investor enterprises through Stock Connect will be temporarily exempt from Chinese taxation. The duration of the exemption is not stated in these notices and it is subject to termination by the PRC tax authorities with or without notice. If the exemption is withdrawn or modified, there is a risk that the PRC tax authorities may seek to collect tax on capital gains realized on the Fund’s investments in A-shares or other Chinese investments. If the temporary exemption is withdrawn, the Fund would be subject to PRC taxation in respect of gains on A-shares and the resultant tax liability would adversely affect the Fund’s NAV.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. INDEX ETFS THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX ETFS THAT DO NOT TRACK SUCH INDICES.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the period shown above was 7.96% in the 3rd quarter of 2017; the worst was -12.97% in the 2nd quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Market Index Changed rr_PerformanceTableMarketIndexChanged On April 26, 2018, the Fund’s Underlying Index changed from the MSCI China A International Index to the MSCI China A Inclusion Index.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares MSCI China A ETF | iShares MSCI China A ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.65%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.65%
1 Year rr_ExpenseExampleYear01 $ 66
3 Years rr_ExpenseExampleYear03 208
5 Years rr_ExpenseExampleYear05 362
10 Years rr_ExpenseExampleYear10 $ 810
2017 rr_AnnualReturn2017 29.15%
2018 rr_AnnualReturn2018 (26.27%) [1]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 22.81%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2017
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 7.96%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (12.97%)
One Year rr_AverageAnnualReturnYear01 (26.27%)
Since Fund Inception rr_AverageAnnualReturnSinceInception (0.17%)
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 13, 2016
iShares MSCI China A ETF | Return After Taxes on Distributions | iShares MSCI China A ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (26.84%) [2]
Since Fund Inception rr_AverageAnnualReturnSinceInception (0.62%) [2]
iShares MSCI China A ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares MSCI China A ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (14.99%) [2]
Since Fund Inception rr_AverageAnnualReturnSinceInception 0.03% [2]
iShares MSCI China A ETF | MSCI China A Inclusion Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (28.50%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception (2.72%) [3]
[1] The Fund’s year-to-date return as of September 30, 2019 was 22.81%.
[2] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
[3] On April 26, 2018, the Fund’s Underlying Index changed from the MSCI China A International Index to the MSCI China A Inclusion Index. The inception date of the MSCI China A Inclusion Index was October 23, 2017.
XML 157 R101.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
iShares Edge MSCI Intl Quality Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading iSHARES® EDGE MSCI INTL QUALITY FACTOR ETF Ticker: IQLT                                 Stock Exchange: NYSE Arca
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The iShares Edge MSCI Intl Quality Factor ETF (the “Fund”) seeks to track the investment results of an index that measures the performance of international developed large- and mid-capitalization stocks exhibiting relatively higher quality characteristics as identified through three fundamental variables: return on equity, earnings variability and debt-to-equity.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 29% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 29.00%
Expense Exchange Traded Fund Commissions [Text] rr_ExpenseExchangeTradedFundCommissions You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Expense Example [Heading] rr_ExpenseExampleHeading Example.
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to track the investment results of the MSCI World ex USA Sector Neutral Quality Index (the “Underlying Index”), which is based on a traditional market capitalization-weighted parent index, the MSCI World ex USA Index (the “Parent Index”). The Parent Index includes equity securities in the top 85% of equity market capitalization in developed market countries, as defined by the Index Provider, excluding the U.S. The Underlying Index seeks to measure the performance of securities in the Parent Index that exhibit higher quality characteristics relative to their peers within the corresponding Global Industry Classification Standard (GICS®) sector. To construct the Underlying Index, MSCI Inc. (the “Index Provider” or “MSCI”) determines the “quality score” of each security in the Parent Index based on three fundamental variables: high return on equity, stable year-over-year earnings growth and low financial leverage. The Underlying Index is weighted based on a component's quality score multiplied by its weight in the Parent Index. Weights in the Underlying Index are next normalized so that sectors in the Underlying Index represent the same weight as in the Parent Index. Additionally, each individual issuer capped at 5%. The Underlying Index is rebalanced semi-annually.

As of July 31, 2019, the Underlying Index consisted of securities from 300 companies in the following 22 countries or regions: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index includes large- and mid-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Risk [Heading] rr_RiskHeading Summary of Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Quality Stocks Risk. Stocks included in the Underlying Index are deemed by the Index Provider to be quality stocks, but there is no guarantee that the past performance of these stocks will continue. Companies that issue these stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders. Many factors can affect a stock’s quality and performance, and the impact of these factors on a stock or its price can be difficult to predict.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the European Union (the “EU”) (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Risk Lose Money [Text] rr_RiskLoseMoney As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance Information
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 1-800-iShares (1-800-474-2737) (toll free)
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.iShares.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Year by Year Returns (Years Ended December 31)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock The best calendar quarter return during the periods shown above was 7.01% in the 1st quarter of 2017; the worst was -11.88% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2018)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
iShares Edge MSCI Intl Quality Factor ETF | iShares Edge MSCI Intl Quality Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.30%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets none [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.30%
1 Year rr_ExpenseExampleYear01 $ 31
3 Years rr_ExpenseExampleYear03 97
5 Years rr_ExpenseExampleYear05 169
10 Years rr_ExpenseExampleYear10 $ 381
2016 rr_AnnualReturn2016 0.60%
2017 rr_AnnualReturn2017 24.09%
2018 rr_AnnualReturn2018 (10.87%) [2]
Year to Date Return, Label rr_YearToDateReturnLabel The Fund’s year-to-date return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2019
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 16.81%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel best
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2017
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 7.01%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel worst
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (11.88%)
One Year rr_AverageAnnualReturnYear01 (10.87%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.80%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 13, 2015
iShares Edge MSCI Intl Quality Factor ETF | Return After Taxes on Distributions | iShares Edge MSCI Intl Quality Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (11.24%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.32% [3]
iShares Edge MSCI Intl Quality Factor ETF | Return After Taxes on Distributions and Sale of Fund Shares | iShares Edge MSCI Intl Quality Factor ETF  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (5.85%) [3]
Since Fund Inception rr_AverageAnnualReturnSinceInception 2.31% [3]
iShares Edge MSCI Intl Quality Factor ETF | MSCI World ex USA Sector Neutral Quality Index (Index returns do not reflect deductions for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
One Year rr_AverageAnnualReturnYear01 (10.97%)
Since Fund Inception rr_AverageAnnualReturnSinceInception 3.03%
[1] The amount rounded to 0.00%.
[2] The Fund’s year-to-date return as of September 30, 2019 was 16.81%.
[3] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 158 R44.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Core MSCI Europe ETF
iSHARES® CORE MSCI EUROPE ETF Ticker: IEUR                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Core MSCI Europe ETF (the “Fund”) seeks to track the investment results of an index composed of large-, mid- and small-capitalization European equities.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Core MSCI Europe ETF | iShares Core MSCI Europe ETF [1] 0.09% none none [2] 0.09%
[1] The expense information in the table has been restated to reflect current fees.
[2] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Core MSCI Europe ETF | iShares Core MSCI Europe ETF | USD ($) 9 29 51 115
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 4% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI Europe IMI (the “Underlying Index”), a free float-adjusted market capitalization-weighted index which consists of securities from the following 15 developed market countries or regions: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Europe. The Fund is more exposed to the economic and political risks of Europe and of the European countries in which it invests than funds whose investments are more geographically diversified. Adverse economic and political events in Europe may cause the Fund’s investments to decline in value. The economies and markets of European countries are often closely connected and interdependent, and events in one country in Europe can have an adverse impact on other European countries. The Fund makes investments in securities of issuers that are domiciled in, or have significant operations in, member states of the European Union (the “EU”) that are subject to economic and monetary controls that can adversely affect the Fund’s investments. The European financial markets have experienced volatility and adverse trends in recent years and these events have adversely affected the exchange rate of the euro and may continue to significantly affect other European countries.

Risk of Investing in the U.K. Investments in U.K. issuers may subject the Fund to regulatory, political, currency, security, and economic risks specific to the U.K. The U.K. has one of the largest economies in Europe, and the U.S. and other European countries are substantial trading partners of the U.K. As a result, the U.K.’s economy may be impacted by changes to the economic condition of the U.S. and other European countries. In a referendum held on June 23, 2016, the U.K. resolved to leave the EU (“Brexit”). The referendum has introduced significant uncertainties and instability in the financial markets as the U.K. negotiates its exit from the EU.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus. If BFA had not waived certain Fund fees during certain periods, the Fund's returns would have been lower.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 13.88%.
The best calendar quarter return during the periods shown above was 7.84% in the 2nd quarter of 2017; the worst was -13.36% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Core MSCI Europe ETF
One Year
Since Fund Inception
Inception Date
iShares Core MSCI Europe ETF (15.24%) (1.50%) Jun. 10, 2014
iShares Core MSCI Europe ETF | Return After Taxes on Distributions [1] (15.72%) (1.97%)  
iShares Core MSCI Europe ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (8.25%) (0.95%)  
MSCI Europe IMI (Index returns do not reflect deductions for fees, expenses, or taxes) (15.53%) (1.72%)  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 159 R298.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName iSHARES TRUST
Prospectus Date rr_ProspectusDate Nov. 29, 2019
Document Creation Date dei_DocumentCreationDate Nov. 22, 2019
XML 160 R260.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares MSCI EAFE Small-Cap ETF
iSHARES® MSCI EAFE SMALL-CAP ETF Ticker: SCZ                                 Stock Exchange: NASDAQ
Investment Objective
The iShares MSCI EAFE Small-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of small-capitalization developed market equities, excluding the U.S. and Canada.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares MSCI EAFE Small-Cap ETF | iShares MSCI EAFE Small-Cap ETF 0.40% none none [1] 0.40%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares MSCI EAFE Small-Cap ETF | iShares MSCI EAFE Small-Cap ETF | USD ($) 41 128 224 505
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 10% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI EAFE Small Cap Index (the “Underlying Index”), which represents the small-capitalization segment of the MSCI EAFE IMI Index. The MSCI EAFE IMI Index is an equity index developed by MSCI Inc. (the “Index Provider” or “MSCI”) that captures large-, mid- and small-capitalization representation across developed markets outside of the U.S. and Canada. Constituents of the Underlying Index include securities from Europe, Australasia and the Far East. Under MSCI’s Global Investable Market Index (IMI) methodology, the small-capitalization universe consists of securities of those companies not included in the large-capitalization or mid-capitalization segments of a particular market, which together comprise approximately 85% of each market’s free float-adjusted market capitalization.

As of July 31, 2019, the Underlying Index consisted of securities from the following 21 developed market countries or regions: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom (the “U.K.”). The small-cap segment covers the 85%-99% range of each market’s free float-adjusted market capitalization. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the industrials industry or sector. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Authorized Participant Concentration Risk. Only an Authorized Participant (as defined in the Creation and Redemptions section of this prospectus (the “Prospectus”)) may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk, European Economic Risk and Middle Eastern Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Reliance on Trading Partners Risk. The Fund invests in countries or regions whose economies are heavily dependent upon trading with key partners. Any reduction in this trading may have an adverse impact on the Fund's investments. Through its holdings of securities of certain issuers, the Fund is specifically exposed to Asian Economic Risk, European Economic Risk and U.S. Economic Risk.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in Japan. The Japanese economy may be subject to considerable degrees of economic, political and social instability, which could have a negative impact on Japanese securities. Since 2000, Japan’s economic growth rate has generally remained low relative to other advanced economies, and it may remain low in the future. In addition, Japan is subject to the risk of natural disasters, such as earthquakes, volcanic eruptions, typhoons and tsunamis, which could negatively affect the Fund. Japan’s relations with its neighbors have at times been strained, and strained relations may cause uncertainty in the Japanese markets and adversely affect the overall Japanese economy.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 12.11%.
The best calendar quarter return during the periods shown above was 34.30% in the 2nd quarter of 2009; the worst was -18.10% in the 3rd quarter of 2011.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares MSCI EAFE Small-Cap ETF
One Year
Five Year
Ten Years
Inception Date
iShares MSCI EAFE Small-Cap ETF (17.80%) 2.96% 10.56% Dec. 10, 2007
iShares MSCI EAFE Small-Cap ETF | Return After Taxes on Distributions [1] (18.21%) 2.38% 9.95%  
iShares MSCI EAFE Small-Cap ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] (10.05%) 2.30% 8.73%  
MSCI EAFE Small Cap Index (Index returns do not reflect deductions for fees, expenses, or taxes) (17.89%) 3.06% 10.51%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.
XML 161 R290.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Robotics and Artificial Intelligence Multisector ETF
iSHARES® ROBOTICS AND ARTIFICIAL INTELLIGENCE MULTISECTOR ETF Ticker: IRBO                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Robotics and Artificial Intelligence Multisector ETF (the “Fund”) seeks to track the investment results of an index composed of developed and emerging market companies that could benefit from the long-term growth and innovation in robotics technologies and artificial intelligence.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Robotics and Artificial Intelligence Multisector ETF | iShares Robotics and Artificial Intelligence Multisector ETF 0.47% none none [1] 0.47%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Robotics and Artificial Intelligence Multisector ETF | iShares Robotics and Artificial Intelligence Multisector ETF | USD ($) 48 151 263 591
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 35% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the NYSE® FactSet® Global Robotics and Artificial Intelligence IndexTM (the “Underlying Index”), which measures the performance of equity securities across multiple sectors, including information technology, communication, industrials, consumer discretionary and healthcare, issued by companies involved in robotics and artificial intelligence activities (as determined by ICE Data Indices, LLC (the “Index Provider” or “IDI”)).

The Underlying Index is composed of equity securities of companies primarily listed in one of 43 developed or emerging market countries that are the most involved in, or exposed to, (as determined by the Index Provider) one of the 22 robotics and artificial intelligence-related FactSet® Revere Business Industry Classification systems (“RBICS”) sub-industries. The Index Provider first conducts fundamental research to establish a universe of RBICS sectors that participate in providing robotics and/or artificial intelligence products and services, and that universe is further refined to include only the most relevant RBICS sub-sectors (as determined by the Index Provider) related to robotics and artificial intelligence activities (e.g., semiconductor manufacturing, software, internet and data services). The companies within these sub-sectors are then ranked based on the data and information in their public filings and disclosures (e.g., regulatory filings, earning transcripts, etc.) to arrive at the 22 most relevant RBICS sub-industries (as determined by RBICS) related to robotics and artificial intelligence activities, and the Underlying Index includes the companies that either (1) derive 50% of their revenues, or (2) have at least a 20% market share, or generate $1 billion or more in absolute annual revenues, from one of the 22 RBICS sub-industries with exposure to a robotics and artificial intelligence theme, as determined by the Index Provider. The Index Provider's methodology does not require that at least one company from each of the sub-industries be included in the Underlying Index. In addition, companies included in the Underlying Index may also operate business lines that generate revenue in other industries.

To be included in the Underlying Index, companies must also have a float-adjusted market capitalization of $500 million or greater, but existing constituents could remain in the Underlying Index if the company’s float-adjusted market capitalization is equal to or greater than $400 million. In addition, companies must have a three month average daily trading value (“ADTV”) of $2 million or greater, but existing constituents could remain in the Underlying Index if the company’s three-month ADTV is equal to or greater than $1.5 million. The component securities of the Underlying Index are equally weighted.

The Underlying Index will be reviewed and reconstituted annually in December each year. Constituent weights of the Underlying Index are rebalanced semi-annually.

As of July 31, 2019, the Underlying Index consisted of 86 issuers from the following 15 countries or regions: British Virgin Islands, Canada, Cayman Islands, France, Germany, Hong Kong, Ireland, Israel, Japan, Luxembourg, the Netherlands, South Korea, Taiwan, the United Kingdom (the “U.K.”) and the U.S. The Underlying Index may include large-, mid- or small-capitalization companies. As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the industrials, semiconductor and technology industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by IDI which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Mid-Capitalization Companies Risk. Compared to large-capitalization companies, mid-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of mid-capitalization companies may be more volatile and less liquid than those of large-capitalization companies.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Robotics & Artificial Intelligence Risk. Companies involved in, or exposed to, robotics and artificial intelligence-related businesses may have limited product lines, markets, financial resources or personnel. These companies face intense competition and potentially rapid product obsolescence, and many depend significantly on retaining and growing the consumer base of their respective products and services. Many of these companies are also reliant on the end-user demand of products and services in various industries that may in part utilize robotics and artificial intelligence. Further, many companies involved in, or exposed to, robotics and artificial intelligence-related businesses (as determined by the Index Provider) may be substantially exposed to the market and business risks of other industries or sectors, and the Fund may be adversely affected by negative developments impacting those companies, industries or sectors.

In addition, these companies are heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. There can be no assurance that companies involved in robotics and artificial intelligence will be able to successfully protect their intellectual property to prevent the misappropriation of their technology, or that competitors will not develop technology that is substantially similar or superior to such companies’ technology. Legal and regulatory changes, particularly related information privacy and data protection, may have an impact on a company’s products or services. Robotics and artificial intelligence companies typically engage in significant amounts of spending on research and development, and there is no guarantee that the products or services produced by these companies will be successful. Robotics and artificial intelligence companies, especially smaller companies, tend to be more volatile than companies that do not rely heavily on technology.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Semiconductor Industry Risk. Semiconductor companies may have limited product lines, markets, financial resources or personnel. Semiconductor companies typically face intense competition, potentially rapid product obsolescence and high capital costs. They are also heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. Semiconductor companies are also affected by the economic performance of their customers.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Thematic Investing Risk. The Fund relies on the Index Provider for the identification of securities for inclusion in the Underlying Index that reflect themes and sub-themes and its performance may suffer if such securities are not correctly identified or if a theme or sub-theme develops in an unexpected manner. Performance may also suffer if the stocks included in the Underlying Index do not benefit from the development of such themes or sub-themes. Performance may also be impacted by the inclusion of non-theme-relevant exposures in the Underlying Index. There is no guarantee that the Underlying Index will reflect the theme and sub-theme exposures intended.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
As of the date of this Prospectus, the Fund does not have a full calendar year of performance information to report.
XML 162 R294.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Self-Driving EV and Tech ETF
iSHARES SELF-DRIVING EV AND TECH ETF Ticker: IDRV                                 Stock Exchange: NYSE Arca
Investment Objective
The iShares Self-Driving EV and Tech ETF (the “Fund”) seeks to track the investment results of an index composed of developed and emerging market companies that may benefit from growth and innovation in and around electric vehicles, battery technologies and autonomous driving technologies.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Self-Driving EV and Tech ETF | iShares Self-Driving EV and Tech ETF 0.47% none none [1] 0.47%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
iShares Self-Driving EV and Tech ETF | iShares Self-Driving EV and Tech ETF | USD ($) 48 151
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. From inception, April 16, 2019, to the most recent fiscal year end, the Fund's portfolio turnover rate was 2% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the NYSE® FactSet® Global Autonomous Driving and Electric Vehicle IndexTM (the “Underlying Index”), which measures the performance of equity securities issued by companies that produce autonomous driving vehicles, electric vehicles, batteries for electric vehicles, or technologies related to such products. The determination of inclusion in the Underlying Index is made by ICE Data Indices, LLC, or its affiliates (the “Index Provider” or “IDI”).

The Underlying Index is composed of equity securities of companies listed in one of 43 developed or emerging market countries that derive a certain specified percentage of their revenue from selected autonomous or electric vehicle-related industries, as defined by IDI. In addition to categorizing companies by the amount of revenue generated in these industries, the Underlying Index also includes companies that have made public filings or have obtained certification by government entities related to their autonomous driving research and development programs. Companies in these autonomous or electric vehicle related industries include (i) autonomous and electric vehicle manufacturers, (ii) autonomous driving technology companies, (iii) electric vehicle battery producers, (iv) electric vehicle battery materials producers, and (v) electric vehicle charging components producers.

Based on the Index Provider’s methodology and as determined by the Index Provider, companies included in the Underlying Index are comprised of:

(1)(a) companies that generate 50% or more of their revenue from the manufacturing of autonomous or electric vehicles (pure player autonomous or electric vehicle manufacturers) and (b) motor vehicle manufacturers that participate in the manufacturing or development of autonomous or electric vehicles, either because they made public filings or have obtained certification by government entities related to their autonomous driving research and development programs (ancillary autonomous driving vehicle manufacturers), or they are customers to external electric battery suppliers and/or producer of electric batteries themselves (ancillary player electric vehicle manufacturers);

(2) companies that in the aggregate generate 50% or more of their revenue from 42 selected automotive value chain industries and are a supplier to at least one autonomous driving company (autonomous driving technologies companies);

(3) companies that generate 10% or more of their revenue from electric battery manufacturing and are a supplier to at least one autonomous and electric vehicle manufacturer (electric vehicle battery producers);

(4) companies that generate 10% or more of their revenue from two lithium-exposed chemical industries (electric vehicle battery materials producers); and

(5) companies that in the aggregate generate 50% or more of their revenue from 42 selected automotive value chain industries and are a supplier to at least one electric vehicle manufacturer (electric vehicle charging and components producers).

The component securities of the Underlying Index are weighted by float adjusted market capitalization with individual securities capped at 4%.

The Underlying Index will be reviewed and reconstituted annually in December each year. Constituent weights of the Underlying Index are rebalanced semi-annually. The Underlying Index may include large-, mid- or small-capitalization companies.

As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the automotive, industrials, semiconductor and technology industries or sectors. The components of the Underlying Index are likely to change over time. The Underlying Index includes technology companies that are involved in or exposed to, self-driving or electric vehicle-related industries. These companies may not be exclusively or substantially exposed to the information technology industry and may be classified in the communication services, consumer discretionary, industrials or materials industries or sectors.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of the Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index is sponsored by IDI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange-traded funds (“ETFs”), such as the Fund, that invest in securities issued by non-U.S. issuers or other securities or instruments that have lower trading volumes.

Automotive Sub-Industry Risk. The automotive sub-industry can be highly cyclical and companies in the automotive sub-industry may suffer periodic losses. Among other things, the automotive sub-industry is susceptible to labor disputes, economic downturns and increase in component and material prices. As a result, such risks, among others, may adversely affect the value of the Fund’s investments.

Autonomous Driving Sector Risk. Companies involved in, or exposed to, autonomous driving-related businesses may have limited product lines, markets, financial resources or personnel. Autonomous driving technology is a relatively new technology and is subject to risks associated with a developing industry. These risks include intense competition, delays or other complications in connection with production, rapid product obsolescence, increased government regulation and market volatility. As a new technology, any product defects, delays in the implementation of full autonomous driving or legal restrictions could have an adverse effect on the businesses of autonomous driving companies. Such companies may not be exclusively or substantially exposed to the autonomous driving sector, but may be substantially exposed to the market and business risks of other industries or sectors, and the Fund may be adversely affected by negative developments impacting those companies, industries or sectors.

In addition, these companies may be adversely affected by loss or impairment of intellectual property rights. There can be no assurance that companies involved in autonomous driving technology will be able to successfully protect their intellectual property to prevent the misappropriation of their technology, or that competitors will not develop technology that is substantially similar or superior to such companies’ technology. Autonomous driving companies typically engage in significant amounts of spending on research and development, and there is no guarantee that the products or services produced by these companies will be successful. These companies are also susceptible to litigation based on product liability claims and can be significantly affected by insurance costs. In addition, autonomous driving companies may not maintain as much insurance coverage as other types of companies and any insurance coverage may not be sufficient to cover all losses or claims.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Consumer Cyclical Industry Risk. Consumer cyclical companies rely heavily on business cycles and economic conditions. Consumer cyclical companies may be adversely affected by domestic and international economic downturns, changes in exchange and interest rates, competition, consumers’ disposable income and preferences, social trends and marketing campaigns.

Currency Risk. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of a non-U.S. market in which the Fund invests depreciates against the U.S. dollar or if there are delays or limits on repatriation of such currency. Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the Fund's NAV may change quickly and without warning.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Electric Vehicles Sector Risk. Companies involved in, or exposed to, electric vehicles-related businesses may have limited product lines, markets, financial resources or personnel. Electric vehicle technology is a relatively new technology and is subject to risks associated with a developing industry. These risks include intense competition, delays or other complications in connection with production, rapid product obsolescence, increased government regulation and market volatility. Many companies involved in, or exposed to, electric vehicles-related businesses depend significantly on retaining and growing the consumer base of their products and services. Such companies may not be exclusively or substantially exposed to the electric vehicles sector, but may be substantially exposed to the market and business risks of other industries or sectors, and the Fund may be adversely affected by negative developments impacting those companies, industries or sectors. Electric vehicle companies currently benefit from certain government subsidiaries, policies and economic incentives, which may be reduced or eliminated in the future.

In addition, these companies may be adversely affected by loss or impairment of intellectual property rights. There can be no assurance that companies involved in electric vehicle technology will be able to successfully protect their intellectual property to prevent the misappropriation of their technology, or that competitors will not develop technology that is substantially similar or superior to such companies’ technology. Electric vehicle companies typically engage in significant amounts of spending on research and development, and there is no guarantee that the products or services produced by these companies will be successful. These companies are also susceptible to litigation based on product liability claims and can be significantly affected by insurance costs. In addition, electric vehicle companies may not maintain as much insurance coverage as other types of companies and any insurance coverage may not be sufficient to cover all losses or claims.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Geographic Risk. A natural disaster could occur in a geographic region in which the Fund invests, which could adversely affect the economy or the business operations of companies in the specific geographic region, causing an adverse impact on the Fund's investments in the affected region.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Industrials Sector Risk. Companies in the industrials sector may be adversely affected by changes in the supply of and demand for products and services, product obsolescence, claims for environmental damage or product liability and changes in general economic conditions, among other factors.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Large-Capitalization Companies Risk. Large-capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions. Large-capitalization companies may be more mature and subject to more limited growth potential compared with smaller capitalization companies. During different market cycles, the performance of large-capitalization companies has trailed the overall performance of the broader securities markets.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

National Closed Market Trading Risk. To the extent that the underlying securities held by the Fund trade on foreign exchanges or in foreign markets that may be closed when the securities exchange on which the Fund’s shares trade is open, there are likely to be deviations between the current price of such an underlying security and the last quoted price for the underlying security (i.e., the Fund’s quote from the closed foreign market). These deviations could result in premiums or discounts to the Fund’s NAV that may be greater than those experienced by other ETFs.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Non-U.S. Securities Risk. Investments in the securities of non-U.S. issuers are subject to the risks associated with investing in those non-U.S. markets, such as heightened risks of inflation or nationalization. The Fund may lose money due to political, economic and geographic events affecting issuers of non-U.S. securities or non-U.S. markets. In addition, non-U.S. securities markets may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. The Fund is specifically exposed to Asian Economic Risk and European Economic Risk.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Risk of Investing in Developed Countries. The Fund’s investment in developed country issuers may subject the Fund to regulatory, political, currency, security, economic and other risks associated with developed countries. Developed countries tend to represent a significant portion of the global economy and have generally experienced slower economic growth than some less developed countries. Certain developed countries have experienced security concerns, such as terrorism and strained international relations. Incidents involving a country’s or region’s security may cause uncertainty in its markets and may adversely affect its economy and the Fund’s investments. In addition, developed countries may be adversely impacted by changes to the economic conditions of certain key trading partners, regulatory burdens, debt burdens and the price or availability of certain commodities.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Semiconductor Industry Risk. Semiconductor companies may have limited product lines, markets, financial resources or personnel. Semiconductor companies typically face intense competition, potentially rapid product obsolescence and high capital costs. They are also heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. Semiconductor companies are also affected by the economic performance of their customers.

Small Fund Risk. When the Fund’s size is small, the Fund may experience low trading volume and wide bid/ask spreads. In addition, the Fund may face the risk of being delisted if the Fund does not meet certain conditions of the listing exchange. Any resulting liquidation of the Fund could cause the Fund to incur elevated transaction costs for the Fund and negative tax consequences for its shareholders.

Structural Risk. The countries in which the Fund invests may be subject to considerable degrees of economic, political and social instability.

Technology Sector Risk. Technology companies, including information technology companies, may have limited product lines, markets, financial resources or personnel. Technology companies typically face intense competition and potentially rapid product obsolescence. They are also heavily dependent on intellectual property rights and may be adversely affected by the loss or impairment of those rights. Companies in the technology sector are facing increased government and regulatory scrutiny and may be subject to adverse government or regulatory action.

Thematic Investing Risk. The Fund relies on the Index Provider for the identification of securities for inclusion in the Underlying Index that reflect themes and sub-themes and its performance may suffer if such securities are not correctly identified or if a theme or sub-theme develops in an unexpected manner. Performance may also suffer if the stocks included in the Underlying Index do not benefit from the development of such themes or sub-themes. Performance may also be impacted by the inclusion of non-theme-relevant exposures in the Underlying Index. There is no guarantee that the Underlying Index will reflect the theme and sub-theme exposures intended.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences (including, as applicable, differences between a security’s price at the local market close and the Fund's valuation of a security at the time of calculation of the Fund's NAV), transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not. INDEX ETFs THAT TRACK INDICES WITH SIGNIFICANT WEIGHT IN EMERGING MARKETS ISSUERS MAY EXPERIENCE HIGHER TRACKING ERROR THAN OTHER INDEX ETFs THAT DO NOT TRACK SUCH INDICES.

Valuation Risk. The price the Fund could receive upon the sale of a security or other asset may differ from the Fund's valuation of the security or other asset and from the value used by the Underlying Index, particularly for securities or other assets that trade in low volume or volatile markets or that are valued using a fair value methodology as a result of trade suspensions or for other reasons. In addition, the value of the securities or other assets in the Fund's portfolio may change on days or during time periods when shareholders will not be able to purchase or sell the Fund's shares. Authorized Participants who purchase or redeem Fund shares on days when the Fund is holding fair-valued securities may receive fewer or more shares, or lower or higher redemption proceeds, than they would have received had the Fund not fair-valued securities or used a different valuation methodology. The Fund’s ability to value investments may be impacted by technological issues or errors by pricing services or other third-party service providers.
Performance Information
As of the date of the Prospectus, the Fund has been in operation for less than one full calendar year and therefore does not report its performance information.

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�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end XML 75 R138.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Total
iShares Edge MSCI Min Vol USA Small-Cap ETF
iSHARES® EDGE MSCI MIN VOL USA SMALL-CAP ETF Ticker: SMMV                                 Stock Exchange: Cboe BZX
Investment Objective
The iShares Edge MSCI Min Vol USA Small-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of small-capitalization U.S. equities that, in the aggregate, have lower volatility characteristics relative to the small-capitalization U.S. equity market.
Fees and Expenses
The following table describes the fees and expenses that you will incur if you own shares of the Fund. The investment advisory agreement between iShares Trust (the “Trust”) and BlackRock Fund Advisors (“BFA”) (the “Investment Advisory Agreement”) provides that BFA will pay all operating expenses of the Fund, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses.

You may also incur usual and customary brokerage commissions and other charges when buying or selling shares of the Fund, which are not reflected in the Example that follows:
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments)
Annual Fund Operating Expenses
Management Fees
Distribution and Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
iShares Edge MSCI Min Vol USA Small-Cap ETF | iShares Edge MSCI Min Vol USA Small-Cap ETF 0.20% none none [1] 0.20%
[1] The amount rounded to 0.00%.
Example.
This Example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
Expense Example
1 Year
3 Years
5 Years
10 Years
iShares Edge MSCI Min Vol USA Small-Cap ETF | iShares Edge MSCI Min Vol USA Small-Cap ETF | USD ($) 20 64 113 255
Portfolio Turnover.
The Fund may pay transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 48% of the average value of its portfolio.
Principal Investment Strategies
The Fund seeks to track the investment results of the MSCI USA Small Cap Minimum Volatility (USD) Index (the “Underlying Index”), which has been developed by MSCI Inc. (the “Index Provider” or “MSCI”) to measure the performance of small-capitalization U.S. equities that in the aggregate have lower volatility characteristics relative to the small-capitalization U.S. equity market. In constructing the Underlying Index, MSCI uses a rules-based methodology to select securities from the MSCI USA Small Cap Index (the “Parent Index”), which is a capitalization-weighted index that represents approximately 14% of the free-float adjusted market capitalization in the U.S., and to determine the weightings of such securities in the Underlying Index. Under the rules-based methodology, securities and weightings of the Underlying Index are established based on pre-established parameters and discretionary factors are not relied on.

Generally, the rules-based methodology includes specified requirements for security eligibility, maximum and minimum weightings by security and, in some cases, by sector and country, established rules relating to handling of special dividends and other distributions and treatment of corporate events. In order to determine weightings by security within the Underlying Index, MSCI seeks to construct a portfolio of the lowest absolute volatility, as measured by MSCI, using its multi-factor risk model. The portfolio is then further refined by an optimization tool that aims to determine the lowest absolute volatility based on the projected “riskiness” of securities in the Parent Index while applying constraints based on established minimum and maximum weightings of index constituents and sectors as well as factor constraints (for example, liquidity and financial leverage) as measured by MSCI.

As of July 31, 2019, a significant portion of the Underlying Index is represented by securities of companies in the financials and real estate industries or sectors. The components of the Underlying Index are likely to change over time.

BFA uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.

The Fund generally will invest at least 90% of its assets in the component securities of the Underlying Index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).

The Underlying Index and Parent Index are sponsored by MSCI, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and Parent Index and publishes information regarding the market value of the Underlying Index and Parent Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
Summary of Principal Risks
As with any investment, you could lose all or part of your investment in the Fund, and the Fund's performance could trail that of other investments. The Fund is subject to certain risks, including the principal risks noted below, any of which may adversely affect the Fund's net asset value per share (“NAV”), trading price, yield, total return and ability to meet its investment objective. The order of the below risk factors does not indicate the significance of any particular risk factor.

Asset Class Risk. Securities and other assets in the Underlying Index or in the Fund's portfolio may underperform in comparison to the general financial markets, a particular financial market or other asset classes.

Assets Under Management (AUM) Risk. From time to time, an Authorized Participant (as defined in the Creations and Redemptions section of this prospectus (the “Prospectus”)), a third-party investor, the Fund’s adviser or an affiliate of the Fund’s adviser, or a fund may invest in the Fund and hold its investment for a specific period of time to allow the Fund to achieve size or scale. There can be no assurance that any such entity would not redeem its investment or that the size of the Fund would be maintained at such levels, which could negatively impact the Fund.

Authorized Participant Concentration Risk. Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund, and none of those Authorized Participants is obligated to engage in creation and/or redemption transactions. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (i.e., on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units (as defined in the Purchase and Sale of Fund Shares section of the Prospectus), Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting.

Calculation Methodology Risk. The Underlying Index relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor BFA can offer assurances that the Underlying Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers.

Concentration Risk. The Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Fund’s investments more than the market as a whole, to the extent that the Fund's investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class.

Cybersecurity Risk. Failures or breaches of the electronic systems of the Fund, the Fund's adviser, distributor, the Index Provider and other service providers, market makers, Authorized Participants or the issuers of securities in which the Fund invests have the ability to cause disruptions, negatively impact the Fund’s business operations and/or potentially result in financial losses to the Fund and its shareholders. While the Fund has established business continuity plans and risk management systems seeking to address system breaches or failures, there are inherent limitations in such plans and systems. Furthermore, the Fund cannot control the cybersecurity plans and systems of the Fund’s Index Provider and other service providers, market makers, Authorized Participants or issuers of securities in which the Fund invests.

Equity Securities Risk. Equity securities are subject to changes in value, and their values may be more volatile than those of other asset classes. The Underlying Index is comprised of common stocks, which generally subject their holders to more risks than preferred stocks and debt securities because common stockholders’ claims are subordinated to those of holders of preferred stocks and debt securities upon the bankruptcy of the issuer.

Financials Sector Risk. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, interest rates, credit rating downgrades, and decreased liquidity in credit markets. The extent to which the Fund may invest in a company that engages in securities-related activities or banking is limited by applicable law. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted. In recent years, cyberattacks and technology malfunctions and failures have become increasingly frequent in this sector and have caused significant losses to companies in this sector, which may negatively impact the Fund.

Index-Related Risk. There is no guarantee that the Fund’s investment results will have a high degree of correlation to those of the Underlying Index or that the Fund will achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Errors in index data, index computations or the construction of the Underlying Index in accordance with its methodology may occur from time to time and may not be identified and corrected by the Index Provider for a period of time or at all, which may have an adverse impact on the Fund and its shareholders.

Issuer Risk. The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

Management Risk. As the Fund will not fully replicate the Underlying Index, it is subject to the risk that BFA's investment strategy may not produce the intended results.

Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONG OTHERS, MAY LEAD TO THE FUND'S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV.

Non-Diversification Risk. The Fund may invest a large percentage of its assets in securities issued by or representing a small number of issuers. As a result, the Fund's performance may depend on the performance of a small number of issuers.

Operational Risk. The Fund is exposed to operational risks arising from a number of factors, including, but not limited to, human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund and BFA seek to reduce these operational risks through controls and procedures. However, these measures do not address every possible risk and may be inadequate to address significant operational risks.

Passive Investment Risk. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

Real Estate Investment Risk. The Fund may invest in companies that invest in real estate (“Real Estate Companies”), such as real estate investment trusts (“REITs”) or real estate holding and operating companies, which expose investors in the Fund to the risks of owning real estate directly, as well as to risks that relate specifically to the way in which Real Estate Companies are organized and operated. Real estate is highly sensitive to general and local economic conditions and developments, and characterized by intense competition and periodic overbuilding. Many Real Estate Companies, including REITs, utilize leverage (and some may be highly leveraged), which increases investment risk and the risk normally associated with debt financing, and could potentially magnify the Fund’s losses. Rising interest rates could result in higher costs of capital for Real Estate Companies, which could negatively affect a Real Estate Company's ability to meet its payment obligations or its financing activity and could decrease the market prices for REITs and for properties held by such REITs.

Risk of Investing in the U.S. Certain changes in the U.S. economy, such as when the U.S. economy weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has exposure.

Securities Lending Risk. The Fund may engage in securities lending. Securities lending involves the risk that the Fund may lose money because the borrower of the loaned securities fails to return the securities in a timely manner or at all. The Fund could also lose money in the event of a decline in the value of collateral provided for loaned securities or a decline in the value of any investments made with cash collateral. These events could also trigger adverse tax consequences for the Fund.

Small-Capitalization Companies Risk. Compared to mid- and large-capitalization companies, small-capitalization companies may be less stable and more susceptible to adverse developments. In addition, the securities of small-capitalization companies may be more volatile and less liquid than those of mid- and large-capitalization companies.

Tracking Error Risk. The Fund may be subject to tracking error, which is the divergence of the Fund’s performance from that of the Underlying Index. Tracking error may occur because of differences between the securities and other instruments held in the Fund’s portfolio and those included in the Underlying Index, pricing differences, transaction costs incurred by the Fund, the Fund’s holding of uninvested cash, differences in timing of the accrual of or the valuation of dividends or interest, the requirements to maintain pass-through tax treatment, portfolio transactions carried out to minimize the distribution of capital gains to shareholders, changes to the Underlying Index or the costs to the Fund of complying with various new or existing regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Underlying Index does not.

Volatility Risk. Although the Underlying Index was created by the Index Provider to seek lower volatility than the Parent Index and the Fund's name reflects the name of the Underlying Index as provided by the Index Provider, there is no guarantee that the Index Provider will be successful in creating an index that minimizes volatility, and there is a risk that the Fund may experience more than minimum volatility. Securities in the Fund's portfolio may be subject to price volatility, and the prices may not be any less volatile than the market as a whole, and could be more volatile.
Performance Information
The bar chart and table that follow show how the Fund has performed on a calendar year basis and provide an indication of the risks of investing in the Fund. Both assume that all dividends and distributions have been reinvested in the Fund. Past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Supplemental information about the Fund’s performance is shown under the heading Total Return Information in the Supplemental Information section of the Prospectus.
Year by Year Returns (Years Ended December 31)
Bar Chart
[1] The Fund’s year-to-date return as of September 30, 2019 was 19.31%.
The best calendar quarter return during the periods shown above was 7.64% in the 2nd quarter of 2018; the worst was -10.76% in the 4th quarter of 2018.

Updated performance information, including the Fund’s current NAV, may be obtained by visiting our website at www.iShares.com or by calling 1-800-iShares (1-800-474-2737) (toll free).
Average Annual Total Returns (for the periods ended December 31, 2018)
Average Annual Total Returns - iShares Edge MSCI Min Vol USA Small-Cap ETF
One Year
Since Fund Inception
Inception Date
iShares Edge MSCI Min Vol USA Small-Cap ETF 1.48% 8.32% Sep. 07, 2016
iShares Edge MSCI Min Vol USA Small-Cap ETF | Return After Taxes on Distributions [1] 0.95% 7.71%  
iShares Edge MSCI Min Vol USA Small-Cap ETF | Return After Taxes on Distributions and Sale of Fund Shares [1] 1.04% 6.25%  
MSCI USA Small Cap Minimum Volatility (USD) Index (Index returns do not reflect deductions for fees, expenses, or taxes) 1.74% 8.57%  
[1] After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRAs”). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions.